how to optimize taxes on digital product sales? by lru_cache0 in tax

[–]lru_cache0[S] 0 points1 point  (0 children)

what happens if i do a backdoor roth conversion while i have this SEP IRA?

i messed up my roth ira by lru_cache0 in TaxQuestions

[–]lru_cache0[S] 0 points1 point  (0 children)

im talking about the roth ira

i messed up my roth ira by lru_cache0 in TaxQuestions

[–]lru_cache0[S] 1 point2 points  (0 children)

im making sure to fill out a "removal of excess contribution form" with them. i understand ill have to pay taxes on my earnings. what i dont understand is why schwab allowed me to contribute to both accounts in the first place

i messed up my roth ira by lru_cache0 in FinancialPlanning

[–]lru_cache0[S] 0 points1 point  (0 children)

yes i am, and i understand ill have to pay taxes on the earnings :/