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Posted by Harlan Lunsford on April 16, 2006, 2:48 am
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Angelo Campanella wrote:
> I just queried (at this late date) the IRS about setting up
> a Roth for '05. To my amazement, they said since I and my
> wife filed separately, I cannot to that. (I/m over 65, self
> employed still working-consultant)
You'll be happy to know that the federal government does not
discriminate based on age, but rather because of your filing
status, it's your income that is over 10,000$ which
prohibits the ROTH contribution.
Not fair, I agree. I even take issue with all the
favoritism shown to joint return filers. To my mind, each
PERSON should file his own return and be subject to same
laws as every other PERSON.
But then, I'm not in congress.
ChEAr$$$$,
Harlan Lunsford, EA n LA
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