Knowing what types of income coming in and their taxation effects is the first step. The stated $300,000 in ordinary income using MFJ and standard deduction comes to a $50,494 federal tax bill. This gives a couple a federal marginal rate of 24% and an effective rate of 16.83%.Are there any tax/investment options (i.e. real estate) I can use to lower my income tax?
I saw mention of RSUs in a prior post, and no mention of other income sources. Other helpful information such as what is the state tax bracket (if applicable) and are there any taxable accounts? Is there a large cash holding in a taxable account kicking off fully taxable ordinary income (plus NIIT tax)? There are many places to look to see if there are any inefficiencies.
Statistics: Posted by Hacksawdave — Wed Oct 01, 2025 4:29 pm — Replies 4 — Views 201