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    aileen529's Avatar
    aileen529 Posts: 2, Reputation: 1
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    #1

    Apr 19, 2006, 03:32 PM
    Can I contribute Roth IRA as married F-1?
    I enter US in Dec 2001 as a F-1 student. My F-1 status keeps unchanged till now and I married to a resident alien in 2004. We filed federal tax jointly for 2004 & 2005. I choosed to be treated as resident alien in federal tax. I contributed $4000 in my individual account for 2005 Roth IRA. I heard that only resident alien can contribute IRAs. 2005 is the 5th year I am in US. I can be cosidered as Nonresident alien by myself for 2005, or choose to be resident alien by marriage. Can I contribute Roth IRA as a resident alien? Thanks!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Apr 19, 2006, 08:21 PM
    Yes, you can contribute to an IRA as a resident alien or as a non-resident alien. If not, then why would there be a place to document an IRA deduction on Form 1040NR?
    taxsearcher's Avatar
    taxsearcher Posts: 222, Reputation: 8
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    #3

    Apr 19, 2006, 08:52 PM
    If you are married and you are filing as NR then you will be filing a separate return. This means that face very aggressive phase out of your Roth contribution. If your income exceeds 10,000 you won't qualify for any contribution.
    aileen529's Avatar
    aileen529 Posts: 2, Reputation: 1
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    #4

    Apr 20, 2006, 12:04 PM
    Thanks a lot for your answers. We filed together as Resident Alien. And my income is more than 10K. Am I still qualified?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #5

    Apr 20, 2006, 12:20 PM
    If you file together and your joint income does not exceed $150K, you still qualify.

    However, it is TOO LATE to fund a ROTH IRA for 2005. The final deadline was midnight, 17 April 2006, with NO extensions allowed.
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