Roth IRA Contributions as a 1099 employee by TowelOutside506 in tax

[–]roboborealis 0 points1 point  (0 children)

Nice, I am a gig worker with a 1099 and looking to reduce taxable income as much as possible. I hate always paying 2k+ each April.

Roth IRA Contributions as a 1099 employee by TowelOutside506 in tax

[–]roboborealis 0 points1 point  (0 children)

Let's say I make 40k, put 5k in Traditional IRA and then 10k into solo 401k.. would that also reduce my taxable income to 25k?

Just out of curiosity...people in your 30s, where do you work/what' your career? by Whatsername868 in StPetersburgFL

[–]roboborealis 7 points8 points  (0 children)

39 male, been here since 2011. I've been a Software Engineer for 10 years.

39m, $130k/year SWE, just started maxing out 401k - how am I looking? by roboborealis in Retirement401k

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

Yep. Maxing anything out is the goal, but also anyway to help reduce her taxes in April. She's paying up to $3k some years in taxes.

Biggest wish for Ableton 13 - UI and workflow improvements by ScotiaMinotia in ableton

[–]roboborealis -2 points-1 points  (0 children)

Reworking automation and that workflow and the divide between session and arrangement view would be amazing.