Hypotheticals for single unemployed 30-yo US taxpayer, 2013:earned income: $01099-DIV/INT income: $11,250If there were any unemployment benefits received, there would likely also be income from a 1099-G that needs to be accounted for.(1) If I'm understanding the 0% scenario correctly, this person should absolutely try to harvest $25,000 in long-term capital gains (the $36,250 limit - $11,250 above). From a Federal taxation perspective anyway;If the taxpayer has a traditional IRA, converting some/all of it to a Roth IRA may actually be a better way to use the tax benefit, since long term capital gains are (currently) taxed at lower rates than the ordinary income rates that IRA conversions are taxed at.AJ
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