Thursday, July 20, 2017

Idea to Waive Stock Tax

So I recently opened a Roth IRA and have been wondering if it's possible to take my stock earnings and move them over to the IRA before Dec. 31st. That would make them post-tax deductible so it would cancel out the income taxes on my capital gains. Then after January 1st, I'd move them back into different stocks.

Has anyone done this or thought about it?



Submitted July 20, 2017 at 12:03AM by bubbles1025 http://ift.tt/2uLnDnX

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