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Old 06-12-2013, 11:19 AM   #141
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I do the same and was perturbed that my federal tax bill was zero but I owed about 3% of my gains in state income tax - not a surprise but annoying nonetheless. And in 2014 I'll scale down any gains to stay under 400% FPL.
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Old 06-12-2013, 02:05 PM   #142
Give me a museum and I'll fill it. (Picasso)
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I was on schedule to pay little or no income tax this year, until I started thinking it would be a good idea to do some Reg IRA to Roth IRA conversions.
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Old 06-12-2013, 02:13 PM   #143
Give me a museum and I'll fill it. (Picasso)
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Quote:
Originally Posted by pb4uski View Post
Oh, I remember now. Actually I was proud to be able to structure my finances so that my federal income tax last year, my first full year of retirement, was zero! Probably the first time since I was a young teenager.
Obviously, you have joined up with the other dangerous radicals who haunt this site.
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Old 06-12-2013, 02:38 PM   #144
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Guilty.

I suppose that the NSA will be barging in the door at any moment.
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Old 06-12-2013, 03:14 PM   #145
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This scenario has a person hauling in $200,000 and only gives $5000 in donations? People I know who earn $50K donate at least that.
Really
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