RunningBum
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 18, 2007
- Messages
- 13,264
As I do in my years, in January I made a Roth conversion estimated to safely fall short of an income target. This year the target wasn't the ACA cliff (since there isn't one in 2021 and 2022), but rather the start of QDivs being taxed, so I was more aggressive in January. In late December, after I know all income, I do a final Roth conversion however close to my limit I want. Again with no ACA cliff I figured I'd go right up to the edge, since any extra is just taxed at 27% rather than well over 100% when the cliff is in effect.
My last VG dividend was reported yesterday, along with interest on CapOne CDs, so I finished up my Roth spreadsheet. My final Roth conversion can be....$9!
I thought it was amusing to come that close. I think I had targeted to be $1000 short in January but had a little more in dividends this year. Part of it was the TIPS fund I bought in March.
Not bothering with a $9 conversion.
My last VG dividend was reported yesterday, along with interest on CapOne CDs, so I finished up my Roth spreadsheet. My final Roth conversion can be....$9!
I thought it was amusing to come that close. I think I had targeted to be $1000 short in January but had a little more in dividends this year. Part of it was the TIPS fund I bought in March.
Not bothering with a $9 conversion.