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Posted on 12/15/14 at 4:29 pm to I Love Bama
350k house essentially paid for.
I have low six figures in an IRA but I also have cash elsewhere.
I'd rather not say the income. But I am under this:
I have low six figures in an IRA but I also have cash elsewhere.
I'd rather not say the income. But I am under this:
quote:
Net compensation for self-employed individuals is generally the net profit from IRS Schedule C minus one-half of the individual's self-employment tax. The eligible compensation limit, indexed for inflation by the IRS, is $260,000 for 2014.
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