Income Taxes and Record Keeping ( tax ) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bayclipper who wrote (291)	12/21/1997 6:51:00 AM
From: Gary	Read Replies (1) of 5810

Gordon The threshhold is for both single and married taxpayers (not fair but what else is new). You can manipulate income a little by accelerating into 1997 or delaying to 1999 if possible. Watch capital gains/losses, convert interest to tax free, etc. If you are going to do this, it pays to do so next year as the law allows the tax liability to be spread over four years with no penalties or interest charges. If you have a long period of time before you need this money and expect to be in at least the same tax bracket in retirement, the Roth IRA is a great deal. I have my adult children moving their money around in spite of the initial protest of why pay now. Regards, Gary

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next