BrianB
Recycles dryer sheets
I've been stuck on a question & I am soliciting opinions:
Due to circumstances this year, we will have about $20k "headroom " in the 15% fed tax bracket. We have some non-qualified stock in DW's company that has almost that in capital gains. I'm also interested in partial conversion on my IRA to ROTH as we are a little top-heavy in qualified accounts.
We're really choosing between CG now with regular income later, or regular income now with CG later. (IRA distributions are regular income).
Which is the better choice, especially since 2012 could to be the last year for such generous treatment of CG?
Thanks for comment, and I will take suggestions as opinions only & not legal / accounting advice.
Brian
Due to circumstances this year, we will have about $20k "headroom " in the 15% fed tax bracket. We have some non-qualified stock in DW's company that has almost that in capital gains. I'm also interested in partial conversion on my IRA to ROTH as we are a little top-heavy in qualified accounts.
We're really choosing between CG now with regular income later, or regular income now with CG later. (IRA distributions are regular income).
Which is the better choice, especially since 2012 could to be the last year for such generous treatment of CG?
Thanks for comment, and I will take suggestions as opinions only & not legal / accounting advice.
Brian