Self-employed techs

[David Love]

Yes, but there is a ceiling.  Check out SEP-IRAs.  Depending on your level
of income, the amount you can contribute and thereby deduct can be much
higher.  

 

David Love
davidlovepianos at comcast.net
www.davidlovepianos.com 

-----Original Message-----
From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf
Of brittanykirk272 at comcast.net
Sent: Friday, October 05, 2007 12:42 AM
To: PTG questions
Subject: Self-employed techs

 

If you invest in an IRA, is the amount you invested exempt from income tax
AND self-employment tax?

 

Brittney.

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