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IRA conribution from an executor fee?

Greta
Level 9

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

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Greta
Level 9

No, hence not eligible for IRA. Right!

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3 Comments 3
IRonMaN
Level 15

Are you reporting it as self employment income?


Slava Ukraini!
Greta
Level 9

No, hence not eligible for IRA. Right!

IRonMaN
Level 15

You got the right idea 😁


Slava Ukraini!