Talk of The Villages Florida - View Single Post - Federal Tax Question
View Single Post
 
Old 02-01-2021, 06:27 AM
Cheapbas Cheapbas is offline
Senior Member
Join Date: Dec 2019
Posts: 216
Thanks: 10
Thanked 246 Times in 103 Posts
Default

You must have done very well to be up in the 32% tax bracket (net $326k after deductions) I don’t think capital gains are quarter to quarter, it’s annually. so set the money aside in a safe place or use it to your advantage to make more money and sell any underwater investments before year end to offset the gains.