bbennett
Jan 19 2002, 12:40 PM
I am new to this; I net $2500 per year in self-employment (reported under Schedule C) and my husband earns less than $100,000 per year. Can we each buy a Roth IRA or are we limited to one? Also, do we have until April 15 to purchase one for taxable year 2001? Thank you.
Appleby
Jan 19 2002, 01:35 PM
Each of you may establish and fund a Roth IRA.( $,2000 each)
The deadline to fund a Roth IRA for 2001 is April 15,2002.