NoOneGetsIt
Recycles dryer sheets
- Joined
- Mar 30, 2013
- Messages
- 98
I was doing some calculations to try to figure out if I will make under the ACA threshold this year and I found this site:
Tax Calculator - Estimate Your Tax Refund | Bankrate.com
I will be using this keeping handy as I reach year end to determine if I need to take losses or put money into an IRA to get that deduction to keep under the $64,080 income threshold to get ACA tax credits.
I played with it to see what 2018 taxes will be with just our capital gains and dividends and I was excited to see that in 2018 I will pay ZERO tax on federal!
I never thought I'd not have to pay income taxes in retirement!
Tax Calculator - Estimate Your Tax Refund | Bankrate.com
I will be using this keeping handy as I reach year end to determine if I need to take losses or put money into an IRA to get that deduction to keep under the $64,080 income threshold to get ACA tax credits.
I played with it to see what 2018 taxes will be with just our capital gains and dividends and I was excited to see that in 2018 I will pay ZERO tax on federal!
I never thought I'd not have to pay income taxes in retirement!