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nom=de=plume nom=de=plume is offline
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First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default Where does the Goldman Sachs money go??

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...
On Mon, 26 Apr 2010 11:58:13 -0700, "nom=de=plume"
wrote:

wrote in message
. ..
On Sun, 25 Apr 2010 21:18:39 -0600, Canuck57
wrote:

On 25/04/2010 7:16 PM, wrote:
My real problem is, this will put
us past the evil $250k mark if I try to roll it all at once and the
IRS will come after me.

Pray tell what is the $250K mark? Some penalties? And roll it into
what? IRA? Capital gains amount??

If you make over $250k the Obama tax increases really smack you.



Untrue. It's a small increase. Those over $250K hardly care. At least
that's
my reaction anyway.


If you really "make" over $250k I agree but if you just get slammed
into the $250k bracket for a one time thing it seems more painful. I
do understand there are averaging tricks but I am trying to keep it
simple if I can.



Anyone who is close to the $250K line isn't going to be hanging themselves
in the garage over the tax diff. if they should actually have reported
income over that amount.

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Nom=de=Plume