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Last-Chance Moves for Retirees to Cut Their 2016 Tax Bill

November 17, 2016

From the Kiplinger Magazine website

kiplinger-02Zero. Zip. Zilch. Zippo. Imagine locking in a 0% tax rate for your own investment profits. And that sweetest-of-all rates is available for the long-term capital gains—those from investments held more than a year—of taxpayers who fall in the 10% or 15% tax bracket.

Since the 15% bracket rises as high as $75,300 on joint returns, a married couple with typical deductions could have $100,000 or more of income and still qualify for the 0% rate

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Related: The Most-Overlooked Tax Breaks for the Newly Retired

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