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Msg  13294 of 13304  at  3/3/2023 7:59:50 AM  by

lumpygravy


 In response to msg 13293 by  carter
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Re: Tax question

You can only contribute to an IRA if you have "earned" income.
 
Are you converting a traditional IRA to a Roth IRA?
 
If so, you will owe taxes on the amount converted.
 
Note: MRD doesn't start until the year you turn 73.
 
Also note that dividends from MO etc. are taxed as QDI  in a taxable
brokerage account.
 
Just my opinion, but taxes should not be the primary driver of 
investment strategies.
 
 
 
 
 


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Msg # Subject Author Recs Date Posted
13295 Re: Tax question carter 0 3/3/2023 12:02:58 PM




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