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Question about doing a possible backdoor roth
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Hello I am elected as an s corp for this tax year. I am a 1099 independent contractor and I will be making close to 230K, i plan to pay myself about 120k in reasonable salary. My question is if i would like to contribute to my roth for this year would i have to do a backdoor roth due to the 230k or could i contribute to the roth normally because i am under the income limit being 120K that i plan to pay myself as w2?
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