In 2014, I had very little income. (I was unemployed at the start of the year, was looking for a job, and when nothing materialized, decided to stop looking and semi-retire.) For 2014, my only earned income will be about K (net) on Schedule C.\n\nAt the start of the year I did a backdoor Roth contribution for 00.\n\nSo my questions are:\n\n1) I initially didn't expect to be eligible to make deductible IRA contributions, but I guess I will be. Do I now technically report the initial IRA contribution as deductible, and then the converted amount as taxable income? It's a wash anyway compared to what I used to do, which is report it as non-deductible but then the conversion was non-taxable since the cost basis was 100% of the converted amount.\n\n2) How much can I put in my Keogh, 00 or ,000? 00 seems like the sensible number, but I'm still showing K income on Schedule C.