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URL:  http://boards.fool.com/if-taxes-are-paid-the-income-claimed-on-a-1040-29593407.aspx

Subject:  Re: roth question Date:  10/9/2011  10:32 PM
Author:  CABob Number:  69650 of 75800

If taxes are paid, the income claimed on a 1040 form can potentially be contributed to an IRA, traditional or roth.

The criteria is: '
is the income taxable?'

I don't think this is correct. Income from interest, dividends, and capital gains is certainly taxable, but, is not earned income that can be contributed to an IRA.
I don't know about royalty income, but, I suspect it is not earned income in most cases.

Bob
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