Line 31a of the tax return deals with Alimony … the Ed Slott webcast stated that Alimony qualifies as “compensation” for eligibility to contribute to a IRA or Roth IRA … my question is this: Say you receive $5,000 in Alimony in 2012 and were not working but going to school, so you had no other income, can you set up a Roth IRA for 2012 (by 4/15/13) for the full amount, or less? If you are under age “50” in 2012 the maximum is $5,000 but in 2013 when you turn 50, then you can contribute up to $6,000 per year in a Roth, correct? If you secure a job in 2013 but your income is less than the $6,000 maximum allowed to set up a Roth, I assume then that the Alimony received would also count toward the rest of the contribution, correct? I’d be interested in an answer. Thank you.