Originally Posted by Mastershake340
But I don’t think I will do that now.
I have a lot of capital gains ( or I did, I think much of it disappeared this month whiney), and if my income as a single person is below 40K, I can sell off those investments and owe 0 capital gains tax. If I make $40,001 or more I’d owe 15%.
I also might be ahead if I convert my IRAs to Roth at a time I am keeping my income low.


In your scenario, you'd only owe taxes on $1, 15 cents, not the entire $40k
And if you die early, you'll be able to help Uncle Sam..............