Thoughts on minimizing taxes and maximizing ACA subsidies.| 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!
If annual income is higher than estimated, repayment of advanced premium tax credits (APTC) may be limited. This results in 0% tax rate region.| Go Curry Cracker!
Stepping outside the US for a year is a great way to kickstart your retirement. It is a clean break that provides substantial mental and financial benefits.| Go Curry Cracker!
Evaluating the overall financial impact of moving to California, including taxes and health insurance premiums. Now and in the long term.| 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!
The FEIE can result in significant reductions in taxable income and adjusted gross income, leading many to assume there is an opportunity for harvesting large capital gains.| 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!
Over the long term, a greater percentage of stock sales become capital gains. The tax impact can be significant. Capital gain harvesting is a solution.| Go Curry Cracker!