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Financial Planning / Tax Strategies


Subject:  Re: No tax on returned Roth Contributions? Date:  3/13/2003  5:47 PM
Author:  1000101 Number:  64501 of 127513

You reduced that number by $1000 when you withdrew the contribution. Surely you don't expect to get credit for something you didn't do?

The net effect was that my effective tax rate was higher as a result of a Roth distribution that is purportedly tax free. The games the government plays with deductions/credits/etc is immaterial, the bottom line is what matters.

I bet you are the kind of person that thinks the marriage tax does not exist.
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