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re: Capital Gains Tax Free
Posted on 12/24/13 at 10:21 am to NBR_Exile
Posted on 12/24/13 at 10:21 am to NBR_Exile
quote:
Your thoughts?
It can be used strategically - I would take those gains - being careful not to knock yourself out of the bracket, but take as much gains as you can, then immediately reinvest into Roth (up to the max) and that yields double non-taxed benefits. Consult your tax professional, but I believe my idea will work.
1
Posted on 12/24/13 at 10:33 am to Ace Midnight
You're right. Anything over 72.5k is taxed at 30% until you back fill the tax on the gains up to that level. At least that's the way I read it.
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