Skip to main content
Level 7
March 7, 2022
Solved

IRA conribution from an executor fee?

  • March 7, 2022
  • 3 replies
  • 32 views

Can an executor fee (not a professional, just one-time fee) be eligible for an IRA  contribution?

This topic has been closed for replies.
Best answer by Greta

No, hence not eligible for IRA. Right!

3 replies

IRonMaN
Level 15
March 7, 2022

Are you reporting it as self employment income?

Slava Ukraini!
GretaAuthorAnswer
Level 7
March 7, 2022

No, hence not eligible for IRA. Right!

IRonMaN
Level 15
March 7, 2022

You got the right idea 😁

Slava Ukraini!