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Retirement tax questions
Well, that's sort of the point. To shift. If I sell something I'll pay taxes on it anyway ... so I'm trying to figure out what may be more beneficial. It's sort of like where people think they are getting a big thing from a tax refund. I look at tax refunds as something you did wrong and gave the government too much money for the year. I'd rather have that money working for me for a year then pay as little as possible. Thus, the question: Better to keep the funds working for me and use the MM money that is just sitting there (like a savings account)? Or sell something that I will pay taxes on next year anyway based on cost basis. (or, is that sale of stock not taxed?) Thanks. I await your response.
‎June 1, 2019
8:28 AM