I started getting serious about working up my 2023 Tax Return this weekend using TT from 2022. It should be pretty close. Mainly for planning purposes and to prepare for any last minute adjustments I may want to make in late December. I'll probably leave myself some wiggle room for the 2025 IRMAA tax,
but then I got thinking , if I were to allow my myself to creep up into the 1st IRMAA tier, the world isn't going to come to an end for me. The tax/penalty is less than 1k per person for the year. Sure why pay more tax than needed but it's really pretty small (from my POV) when you start talking about incomes of a little over 250k. Heck the basic income tax bracket(s) at that level take a much bigger bite than IRMAA will. (That will probably stop me from doing this)
I know, it's a slippery slope since why not tier 2 or 3 or higher.
But it's all relative, I guess..
I know this must sound like I'm trying to talk myself into something?