All Questions
Tagged with retirement-plan tax-deduction
6
questions
0
votes
2
answers
151
views
Is employee's 401(k) contribution still a tax deduction for employer through "wages paid"?
Small business owners can claim wages paid to employees as tax deduction. If one of his employees would elect to contribute $15K of his salary into 401(k) account then would the employer still be able ...
- 709
6
votes
1
answer
3k
views
Can I make a lump-sum contribution to a SIMPLE IRA?
My employer offers a SIMPLE IRA plan to which I can contribute 3% of my salary. My employer contributes a 3% match.
The employee contribution limit of $12,500 is far higher than the 3% amount I will ...
- 163
3
votes
1
answer
123
views
Foreign retirement contribution deductibility?
Contributors,
I have a very specific question. I am a dual European-American citizen. I live in France. I declare my income on French investment accounts to the US, and am generally tax-compliant.
...
- 41
5
votes
2
answers
148
views
Will a retirement account with more than $3,400 in it bar me from getting EITC?
EITC (earned income tax credit).
Is a retirement account considered investment income by the IRS?
The IRS considers these as investment income:
Interest (both taxable and tax-exempt)
Dividends
...
- 153
2
votes
1
answer
629
views
Roth IRA vs. Traditional for married couple with AGI over $120k?
My wife and I have an AGI somewhere between $120k - $140k depending on how much I make on side gigs throughout the year. We both started new full-time jobs within the last 12 months.
Here is the ...
- 357
0
votes
2
answers
102
views
Will a contribution towards Traditional IRA be deductible for 2012?
I switched to a job in 2012 which didn't offer a retirement plan in October, 2012. Prior to this job, I was covered with an IRA account from my previous employer. I will be filing the returns with my ...
- 1