<prompt> Human: Like the title says, I made 6 figures last year selling some intellectual property. Ive just had it sitting in savings. I moved 5500 to a Roth IRA, and 5500 to both 2016 and 2017 traditional IRA. Is there anything else I can do to reduce the taxes I will have to pay on this income, e.g., other types of investments? I am currently unemployed and single, if that helps.  <response>: Your Roth and traditional IRA contributions are limited to a combined 5500 per year. The traditional is also not deductible for higher incomes. 