Is your w2 income going to be 0 or virtually 0. If it’s actually 0 then you won’t be able make ira contributions which are limited to the lesser of the annual cap or earned income.
You could do some Roth IRA conversions while your taxable income is low.
Ltjenkins t1_j2b3uny wrote
Reply to Taking a career break in 2023- what are some tax savings opportunities to take advantage of? by hackintosh_dude
Is your w2 income going to be 0 or virtually 0. If it’s actually 0 then you won’t be able make ira contributions which are limited to the lesser of the annual cap or earned income.
You could do some Roth IRA conversions while your taxable income is low.