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Old 10-11-2020, 09:14 AM   #21
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Join Date: Jun 2007
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Originally Posted by sengsational View Post
No CPA needed. No arguments needed. Just wait until the tax software comes out in November and "do your taxes" then, twiddling pulling or converting, and finding the cliff.
Yes, this. I also like to drill down into any fields I am unsure of to better understand what happened. This will get you to form 8962 for the Premium Tax Credit, aka the ACA subsidy.
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Old 10-11-2020, 01:20 PM   #22
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Join Date: Apr 2012
Posts: 21
Originally Posted by Rianne View Post
OP mentioned business loss? Do you have a small business? Why not contribute to tIRA, if you're still working even part time.
I had real estate losses that have carried over from 10 years ago. I am retired now, so can not contribute to a tIRA.
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aca cliff, retirement, withdrawals

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