Quote:
Originally Posted by manaboutown
Because my income the year of sale will be subject to the Obamacare 3.8% add on tax on all of my investment income exceeding its threshold. Bottom line is every tax deduction will be worth more to me in 2022 than it will in 2021 so I want to reduce my 2022 AGI as much as possible.
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Figured that was the reason. Been there done that.
Next year expect to itemize deductions for first time in a number of years so delaying some expenses till next year when they will have more value.