This article has been updated for the 2022 and 2023 tax years. My search for the best self-employment income retirement account started with this: while completing my tax return in prior years, I started noticing that I would have a not-insignificant tax bill due from self-employment, 1099, and side project income unless I found a way to reduce my taxable income. This was especially true for a number of years when I was receiving full-time employment income on top of side-project income. Our (Mrs. 20SF and I file jointly) income levels were above the IRA contribution limits, so we could
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