Talk of The Villages Florida - View Single Post - Booking Early Tax Planning and Consultation Appointments for 2017
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Old 08-18-2017, 09:44 AM
JoelJohnson JoelJohnson is offline
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Thank you Bob.
From talking to different people here in The Villages. I get the impression that a lot of people don't know that their SS could be taxed up to 85%. I'm also sure that they don't know about doing a ROTH conversion (they may think they can't) and that if they do it "wrong" they can recharacterize (i.e. undo) as much as they want by the following October 15th. and reduce their taxes. Imagine if they knew they could leave a legacy to their kids (and/or grandkids) tax free.