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I'm brainstorming an expense for 2013 that will lead to a large (non-refundable) tax credit.

Also we got a chunk of one-time income in 2012.

So I'm trying to think of ways to clump expenses.

- Property taxes. Our city usually produces a bill before the year is over, so I can pay some of the 2013 expenses in 2012.

- Charitible contributions. Double up in 2012, skip them in 2013.

- We have a rental property. Is it legitimate to ask my tenants to pay for their December 2012 rent after the fact (so postponing that rent until 2013?)

= Ask employer if they can defer any bonuses until 2013.

- Sell stocks with losses in 2012, sell stocks with gains in 2013.

Any other suggestions?
Thanks!
- Megan
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Any other suggestions?

Make sure that non-refundable credit you're expecting will still be available for 2013. There's a bunch of stuff expiring at the end of this year.

Subject to the usual Congressional action/inaction, as always.

--Peter
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NaggingFool writes (in part):

Property taxes. Our city usually produces a bill before the year is over, so I can pay some of the 2013 expenses in 2012.

I reply:

If you're going to be subject to AMT in 2012, then accelerating property tax payments won't help. Those aren't deductible in the AMT calculation. --Bob
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