My client has income reported on a 2555 and his wife has us income they both contributed to a Roth IRA 6500 for him and 5500 for her why is calculating a penalty for over contribution he does have income
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Is there any non-excluded earned income on the return?
If you add back the excluded foreign income, are they above the Roth IRA contribution limit?
https://www.thebalance.com/ira-for-workers-abroad-3193218
Rick
Is there any non-excluded earned income on the return?
If you add back the excluded foreign income, are they above the Roth IRA contribution limit?
https://www.thebalance.com/ira-for-workers-abroad-3193218
Rick
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