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For all other IRA distributions, please visit a Wells Fargo department. When you file a joint return, you might be able to contribute to an IRA even for those who didn’t have taxable compensation as long as your spouse did. Married taxpayers filing joint returns with an AGI of more than $240,000 in 2024 may not contribute to a Roth IRA. Single taxpayers with an AGI of $161,000 or more in 2024 may not contribute. Tax implications - Distributions from the IRA to the Property may be taxed on the Property federal reve
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