The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/dont-want-to-go-over-because-no-income-tax-on-30799554.aspx

Subject:  Re: IRA to Roth IRA Conversion Date:  7/28/2013  8:32 PM
Author:  ptheland Number:  72704 of 74759

Don't want to go over, because no income tax on LTCG or dividends **IF** you are in the 15% bracket. One dollar over and it all gets taxed.

No.

One dollar over and that dollar gets taxed. All of the income in the lower bracket still gets taxed at the lower bracket rate - including LTCG and dividend income at no tax.

--Peter
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us