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View Full Version : Can H4 have an IRA account?


inocenta
Apr 2, 2007, 02:12 PM
Hi all,

I am on a H4 visa, I would like to know if I am eligible for opening an IRA account for the purpose of tax deduction for 2006.

Thanks a lot!
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AtlantaTaxExpert
Apr 9, 2007, 02:21 PM
If your spouse has earned income, you MAY open an IRA account for up to $4,000 if he made at least $4,000 in 2006.