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Posted by Dan Lanciani on October 25, 2006, 7:05 pm
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Is there any interaction between the contribution limit
(based on earnings) for a Roth IRA and the self-employed
health insurance deduction as there is between the latter
and, e.g., a SEP IRA contribution? For example, if I have
$2000 net earnings from self employment after subtracting
the deduction for 50% of self employment tax and my health
insurance deduction is $1000 can I still make a $2000 Roth
IRA (or for that matter, normal IRA) contribution, other
conditions permitting?
Dan Lanciani
ddl@danlan.*com
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