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Financial Planning / Tax Strategies


Subject:  Re: Maximum Tax rate??? Date:  7/17/2011  6:02 PM
Author:  TwoCybers Number:  113736 of 127638

I did not see your age. But before you suddenly generate taxable income by choice consider the cost of medicare part B. For a couple with AGI plus tax exempt interest less than $170K Medicare part B costs $96.40 per month. The highest premium currently is $253.70 per month when the AGI plus tax exempt exceeds $428K for a couple of $214K for an individual. This premium rests, but it does not happen the year after your income is high.

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