<prompt> Human: Im self-employed with a C Corp. My corp which is just me brought in about 240K this year. I contributed 30K of pre-tax money to a SEP IRA. I also wanted to contribute 11K post-tax money to a ROTH IRA for my wife and I. My accountant said I couldnt. Why not? Id ask him but hed charge me for the explanation.According to this IRS FAQ, it seems like I should be able to. Isnt Example 2 my situation?Thanks in advance for any help you can offer!-bwEDIT: Thanks for all the great feedback!  <response>: The simple answer is that taxpayers with Adjusted Gross Incomes over a certain amount each year are prohibited from contributing to Roth IRAs. For 2014 that limit is 191,000 for married filing joint taxpayers contributions start to phase out at 181,000. If you contributed to the Roth during the year and then at tax time discovered your AGI was above the limit, you are required to withdraw all the contributions and any earnings by a set date or otherwise you will be hit with significant penalties. 