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Old 12-20-2013, 02:03 PM   #21
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How does the LTCG affect things?
Shouldn't in tax-deferred/tax-free accounts.
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Old 12-20-2013, 02:14 PM   #22
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How does the LTCG affect things?
I don't want to break the $85k hard limit for adjusted AGI to keep Medicare Pts B and D at their base levels.

Ha
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Old 12-20-2013, 03:52 PM   #23
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I finally got around to entering the data from my spreadsheet into TurboTax 2013, and I obviously have some fairly big logic errors in the sheet. I will owe more tax than I figured, so I am glad I did not top up my realized LTCGs. I already had understood that making a Roth conversion this year would have been counterproductive.

I'll try to fix the spreadsheet for next year.

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There are some very smart people on this board. If they can't get the spreadsheet thing right there is no hope for me.

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I don't want to break the $85k hard limit for adjusted AGI to keep Medicare Pts B and D at their base levels.

Ha
Isn't that $85K limit only limited to the two years before taking Medicare? Do I understand you to mean that income > $85K post-Medicare will increase premiums as well?
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Old 12-20-2013, 04:03 PM   #24
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Do I understand you to mean that income > $85K post-Medicare will increase premiums as well?
Yes it will. From Medicare 2013 & 2014 costs at a glance | Medicare.gov
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Old 12-20-2013, 04:38 PM   #25
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Looks like RMDs will bump me into higher brackets for Part B. The problems are a pension and starting my SS at 70. Don't think I can juggle things to get away from it.
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Old 12-21-2013, 11:45 AM   #26
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Thanks for clarifying. Good news is I've structured my income not to have this problem!
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Old 12-21-2013, 11:55 AM   #27
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Sigh, yet another variable to consider when making ROTH conversions.
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