Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Each dollar of income shown as tax exempt on 1099s is not tax exempt for people receiving social security income.

For low income people in the so called 5% bracket, each dollar of muni income increases the taxes by 10%,

Likewise 10% brackets go to 15% etc.

Question, Do qualified distributions from ROTH accouts do the same thing?
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.