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Where does the Goldman Sachs money go??
wrote in message
... 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. -- Nom=de=Plume |
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