Roth IRA Contributions – IRS Rules
income is within these limits:
$150,000-$160,000 Married Filing Jointly
$0-$10,000 Married Filing Separately (and you lived with your spouse at any time during the year)
$95,000-$110,000 Single, Head of Household, or Married Filing Separately (and you did not live with your spouse)
Contributions to Spousal Roth IRA
You can make contributions to a Roth IRA for your spouse provided you meet the income requirements.
When to Make Contributions
Contributions to a Roth IRA can be made at any time during the year or by the due date of your return for that year (not including extensions). Roth IRA contributions are not tax deductible and are not reported on your tax return. On the other hand, you do not include in your gross income, and therefore are not taxed on, any qualified distributions or distributions that are a return of your regular Roth IRA contributions or that are rolled over into another Roth IRA.
The Roth
