Roth IRA Contribution Question

Hi Andy,

We have a client that uploaded a 2022 W-2 from FedEx for exercised stock options. He has been retired from the company for a few years. Since the income is coded in Box 1 of the W-2, we believe he is eligible to make a Roth IRA Contribution, but wanted to confirm since he technically didn’t work there in 2022.

Thanks!



Yes, Box 1 of a  W-2 less any amount in Box 11 is treated as earned income for IRA contribution purposes.

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