Quote:
Originally Posted by manaboutown
I just looked at the charts again. It looks like in 2018 the top rate of $428.60 will kick in at $320K for joint tax returns, $160K for singles and at $85K for married filing separately (based on 2016 income). Shudder!!!
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And — the Medicare thresholds can sneak up on those who are unaware. Someone who is on Medicare and has a much higher income year than usual, due to a hefty capital gain or whatever, can get a big, ugly surprise two years later.
Well, manabouttown, I guess you could always get married — with an airtight pre-nup, of course, having made sure to use separate lawyers.
And don’t forget the RMD as a QCD does not appear as income, if handled exactly according to the rules.
(But I bet you already know this stuff.)
Sincerely,
Boomer Lucy, Advice 5-cents.
