That will push some of the capital gains into 15% territory, making the effective marginal rate 27%, not 12%.you should also consider converting even more than the standard deduction. for married joint, it's 12% up to $89k of income.
I do agree with converting as long as capital gains taxes remain 0% which is probably an additional $20,000 or so.
Statistics: Posted by toddthebod — Sun Nov 24, 2024 7:42 am — Replies 3 — Views 125