I worked as contract accounting assistant fromFeb 2015- Dec 2015
Then I got 1099-misc for my work ,in box 7, thenonemployee compensation is $8,000.
My friend suggest me to deposit $2,000 to IRA account, so, I can get tax benefit. Do youthink I can do it now ,or,it is too late?
If it is still not too late to deposit to IRA,which one do you suggest ?SIMPLE or else?thanks