I'm not sure yet, waiting on some forms still and need to work out our rental income still. I think we should make it still this year, we deliberately increased our 401(k) contributions to be sure we'd come in under the MAGI limit.
Post by WinterWine on Jan 31, 2015 21:10:42 GMT -5
Voted yes, and I'm sure hoping that's still true. I don't think I fully understood the MAGI calculation before, and we may be closer than I thought. Waiting on our W2s to find out - does anyone know what line this is on on our returns so I can check last years?
We already maxed them for the year, so hopefully I don't end up having to recharacterize them...
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Post by patches31709 on Feb 1, 2015 16:33:28 GMT -5
We're in the phase out for 2014 so until I finish our taxes, I won't know exactly how much we can contribute, but at least we can contribute something. Not sure how 2015 will go.