Don’t Avoid the Pro Rata Rule
“How do I avoid the pro-rata rule in retirement? Can I do X to avoid it?”
I’ve seen this question numerous times.
My general answer – don’t avoid the pro rata rule in retirement.
The Go Curry Cracker 2023 Taxes
2023 was our second full year back in the US where we were subject to the 3 overlapping tax systems – Federal, State, and ACA.
In theory this could mean that we would have a high tax burden.
But in practice we paid practically zero, with more opportunities to save next year.
Go Curry Cracker 2022 Taxes
2022 was our first full year back in the United States, which means we were fully in the crosshairs of the 3 US tax systems: Federal, State, and ACA.
One might think this would result in a large tax burden. But no.
Although the incentives have certainly changed.
A Simple Year-End Tax Checklist
The end of the calendar year is quickly approaching, and that means it is time to run through our year-end tax checklist. The simpler the better.
Here are a few important items to review and actions to take.
Why I Absolutely Do Tax-Loss Harvest
Markets are down. Robo-advisors and savvy investors are tax-loss harvesting.
But me? I had no intention of doing so.
Thankfully, two Go Curry Cracker readers correctly pointed out I was wrong to not tax-loss harvest.
Yes, I absolutely am tax-loss harvesting and loving it. (Thanks!)
Go Curry Cracker 2021 Taxes
After a decade of zero and near zero tax bills, our 2021 tax return looks a bit different – We paid a LOT of tax.
No surprises though – I sold a ton of stock to pay cash for a house. In the grande scheme of things it is no big deal.
I’ll break it all down below (with links) and highlight some things I did to minimize taxes this year and going forward.
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