I have a client who opened a Roth in 2007 and contributed $5000. She receives retirement pay (1099-R) that is coded "C" (disability). The software put this income on Line 7 as wages because she is not of retirement age. Is this treated as earned income for a Roth contribution or not?
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Originally posted by Judysam View PostI have a client who opened a Roth in 2007 and contributed $5000. She receives retirement pay (1099-R) that is coded "C" (disability). The software put this income on Line 7 as wages because she is not of retirement age. Is this treated as earned income for a Roth contribution or not?
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