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Posted by Phil Marti on April 12, 2007, 6:13 pm
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> A client wishes to make a contribution to a Roth IRA but all
> of her earned income amounts to less than the available
> exclusion. I have looked everywhere I can think to find the
> IRS position on taking less than the full exclusion in order
> to have taxable earned income.
>
> In other words, she wants to take $4,000 less than her
> actual salary as a foreign earned income exclusion.
I have researched this in the past. I can't give you a cite
other than "there's no way to do it on the form," but she
can't do it. It's all or nothing.
--
Phil Marti
Clarksburg, MD
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