My "above the line" MAGI, for ACA purposes will be in the neighborhood of 42K for 2017.
I have an opportunity to harvest about 20K in gains from an after-tax account, and doing so will give me maybe a 3K LT Cap Gain.
How will this effect the "above the line" MAGI value for ACA?
Being it's LT, will it be taxed at all?
Over the years I have had very little money in after-tax accounts.
I have an opportunity to harvest about 20K in gains from an after-tax account, and doing so will give me maybe a 3K LT Cap Gain.
How will this effect the "above the line" MAGI value for ACA?
Being it's LT, will it be taxed at all?
Over the years I have had very little money in after-tax accounts.