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Old 03-07-2012, 01:05 PM   #21
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Originally Posted by Alan View Post
I won't need to make that decision until December when we should know the new rates for 2013. Since my withdrawal is mostly dividends, the only decision will be if I have to cash in some I-Bonds, and then pay the 2012 tax rate only if I see my marginal rate going up in 2013.
If the chart I'm looking at is correct, dividends will no longer be at 15% but will be taxed as normal income.

Agreed however to wait until we know for sure.

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Old 03-07-2012, 01:07 PM   #22
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Am I remembering correctly the BTCs expire after the election rather than before? Because of that perhaps this time they will indeed be allowed to expire.

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Old 03-07-2012, 01:31 PM   #23
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Yes, they expire after the election - 2013, Jan 1 I presume.
Well, I thought I was retired. But it seems that now I'm working as a travel agent instead!
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Old 03-07-2012, 05:24 PM   #24
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Originally Posted by ripper1 View Post
0 to 35,500 at 15%. 35,500 to 86,000 at 28%. Standard deduction at 5,950.

2011 - Single, still able to itemize on Schedule A, 11.5% effective tax bracket per TurboTax
The good news is the majority of my dividends are from TE national muni bond funds.
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Old 03-08-2012, 01:58 PM   #25
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IMO the likelihood of a simple reversion are low. More likely an extension, or at least a hybrid change. With politicians, you never know for sure.

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