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What is allowable for a combination of an IRA, Roth IRA, and SEP?

Assuming you're both under 50, $5,500 each for traditional/Roth IRA. (Total contribution between the two types for each of you cannot exceed $5,500.) For SEP, figured separately for each of you, it's 20% of (the bottom line of Schedule C minus line 6 or 13 of Schedule SE). There are SEP dollar limits also, but you won't come anywhere near them.

Rule Your Retirement Home Fool

So we could each do $5.5k for our Roth's (11k total)

In addition, for our SEPs I could add $8k ($40k * 20%) and my wife could add $200 ($1k * 20%).

Thanks for your help!
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