Reply To: Keogh and backdoor Roth contribution

Home Fairmark Forum Retirement Savings and Benefits Keogh and backdoor Roth contribution Reply To: Keogh and backdoor Roth contribution

#24004
marinakit
Participant

Thank you, Ruth!

In other words, the deduction for Keogh contribution is claimed the same way as a SEP IRA deduction on the tax return. It reduces the QBI deduction the same way as a SEP IRA deduction does, BUT it has NO effect on the backdoor Roth IRA scheme, correct? A loophole?