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Topic: Filing Status/Roth IRA  (Read 1069 times)

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Filing Status/Roth IRA
« on: April 17, 2007, 07:30:32 PM »
I just read somewhere that if you file your taxes as married filing single that you are ineligible to contribute to a Roth IRA. Does anyone know if this is true?


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Re: Filing Status/Roth IRA
« Reply #1 on: April 18, 2007, 07:45:08 AM »
Yup.
Liz Z i t z o w, EA
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Re: Filing Status/Roth IRA
« Reply #2 on: April 18, 2007, 08:24:24 AM »
Thanks Liz. I'm assuming it's ok to contribute to a standard IRA?


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Re: Filing Status/Roth IRA
« Reply #3 on: April 19, 2007, 09:51:20 AM »
Yup.
Liz Z i t z o w, EA
British American Tax


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Re: Filing Status/Roth IRA
« Reply #4 on: April 19, 2007, 01:23:41 PM »
But the exciting part is that the UK may give relief for the traditional IRA contributions; check with a tax adviser if you are unclear how as there are a few hurdles to jump to get UK relief.


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