[Event] Ask the Experts: Navigating Retirement Taxes

Join us on Wednesday, October 22nd any time between 9:00 am and 5:00 pm Pacific Time for our latest installment of our Ask the Experts event series. Everything changes when you retire and that includes your tax returns. We’ll be here to answer all yo... read more

Investing a cash inheritance

Consider the situation where a person who is still in their working years inherits cash, lets's say $100,000. A. It could be invested in mutual funds. When withdrawn in retirement, the principal is not taxed and the gains are taxed as LTCG at 15%. (A... read more

New retiree with questions about SS taxes

Background: I worked through Sept. of this year and have now retired. My first SS retirement payment was generated 9/30 and showed up in my bank account 10/1. The payment amount included six months of retroactive payments (March thru Aug. 2025, going... read more

"strategic" roth conversion

Hi, trying to keep my income under ~$60k ($48k min + ~$5k HSA + ~$15k single ) to avoid taxes on capital gains. Seeking an algorithm or some such so I know how much I can convert from my trad IRA to Roth and not trigger cap gains taxes.

First time taking RMD

Do I have to pay the taxes when I receive the disbursement?

Assuming the nest egg is primarily annuities, 410K, IRA and ROTH IRA. What are some tax reduction strategies before entering RMD age in 10 years and also during RMD age?

Assuming the nest egg is primarily annuities (maturity dates before and after RMD), 410K, IRA and ROTH IRA. What are some tax reduction strategies before entering RMD age in 10 years and also during RMD age?

Tax-efficient withdrawals of retirement funds

I have retired in July of this year. I am looking for tips in Tax-efficient withdrawals of retirement funds (Roth, Traditional, Rollover).

When to report IRA basis?

I'm turning 73 this year (2025) and took my first RMD early in the year. This year, after taking the total RMD, I also did a partial Roth conversion, as I have for six of the past seven years. After many years of having a CPA do our taxes, because ou... read more

What is the tax form number for the traditional IRA incomes?

I need to file tax for IRA.What is the tax form number in TurboTax app for the traditional IRA incomes?Thanks.

how can I set up a dummy account to test?

I am trying to figure out how much I can afford to convert from Traditional IRA to Roth IRA for 2025 --- but by the time the software is ready, it is too late to run numbers and make the conversion (conversions must be done by 31 December, right?) Ho... read more

is annuity income taxable and in what form (income, capital gains, interest etc) federally and also in California?

cost basis for a real estate purchase in regards to capital gains tax

what is tax deductible in a real estate transaction from both a seller's and a buyer's point of views)? Assuming it is not a trustee sale. Brokers' fees? Staging fees? Repair cost of the house right before selling? New landscape?

Loss from Self-Employment

I am 67 years old and have worked as an attorney/sole practitioner for over 25 years. I am still active as a licensed attorney and have pending cases and clients. In 2021 I had a medical issue and decided to reduce my work load. That year I had $43k ... read more

Beneficiary of IRA and TOD brokerage account

Can you confirm that I need to pay regular income tax on an inherited IRA?Also, I only have to pay long term capital gains tax on the stepped up value of the inherited TOD brokerage account?

lump sum social security payment

I received a retroactive lump sum social security payment of about $10,000mdue to the Social Security Fairness Act. Some is from 2024. How will I claim it and how will it be taxed?