Reply To: Do Capital Gains count as qualifying income for a Roth IRA?

Home Fairmark Forum Retirement Savings and Benefits Do Capital Gains count as qualifying income for a Roth IRA? Reply To: Do Capital Gains count as qualifying income for a Roth IRA?

#14880
barnstorm
Participant

Thanks!

There was asite called bankrate.com that seemed to say otherwise. The say, “Yes, capital gains are included in the modified adjusted gross income, or MAGI, calculation for purposes of determining whether you can contribute to a Roth IRA”
https://www.bankrate.com/finance/taxes/do-roth-ira-income-limits-exclude-capital-gain-or-unearned-income.aspx#:~:text=To%20be%20eligible%20to%20contribute%20to%20a%20Roth%20IRA%2C%20your,any%20time%20during%20the%20year.