Contribution to Roth IRA
I worked and earned $12,000 which I consider to be earned income. However, my W-2 box 1 Wages, tips, etc) shows $3,000 while Box 3 (social security wages) and Box 5 (Medicare) show $12,000. Box 1 was reduces by $8,400 by salary reduction plan (E) tax deferral and $600 for 401(k). How much can i contribute to a Roth IRA?
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