After 6 years of early retirement and world travel, our tax minimization strategy is working harder than we are.| Go Curry Cracker!
There are a lot of tax minimization tools at the disposal of early retirees. The FEIE and tax credits saved us nearly $10,000 in tax this year.| Go Curry Cracker!
Tax planning and filing doesn’t need to be difficult. This calculator can help with estimating taxes and provide guidance for tax minimization both now and in the future. Tax Calculator Input Year 20182019202020212022202320242025 Filing Status SingleMFJ – Married Filing JointlyMFS – Married Filing SeparatelyHead of Household Ordinary Income Qualified Income Adjustments Itemized Deductions Foreign Earned […]| Go Curry Cracker!
Working a bit in (early) retirement is a good way to fill some time and pad the bank accounts. No right/wrong about it.| Go Curry Cracker!
2020 was our 8th full year of this thing we do. It’s been an incredible ride – we’ve traveled, adventured, and procreated, with the best yet to come. We’ve also done a fair amount of tax optimization, paying little tax each year while taking steps to minimize future taxes. Do these optimization efforts actually work? […]| Go Curry Cracker!
In the tax minimization game, which is more important, Roth conversions or capital gain harvesting? I explore the two in this post.| Go Curry Cracker!
For 5 years now we had income of $100,000 and paid $0 in income tax. Roth conversions and capital gain harvesting mean future income will be tax free too.| Go Curry Cracker!
How do I love off just dividends? Simple. I don't. Realizing capital gains and spending some principal is a fine way to pay the bills in retirement.| Go Curry Cracker!
Another year of zero income taxes on dividends and blog income, but a massive tax bill on a capital gain harvest. Plus tax and travel hacking synergies.| Go Curry Cracker!
Early retirees willing to earn up to $2k/year/person can use the Saver's credit to do massive Roth conversions at a 0% federal tax rate.| Go Curry Cracker!
A detailed tax review of an early retirement household, highlighting how to maximize the tax code to never pay taxes again.| Go Curry Cracker!
So you’re retired. And now you want to buy a house without paying cash? Yes, that is doable. Asset Backed Mortgages A typical bank wants to see predictable income in order to lend money. I suppose the logic is that if you get paid regularly then you will pay them regularly (actually, you will pay […]| Go Curry Cracker!