Beside the obvious answer of "You save $3,000 of taxable income"; my question is under the assumption here where someone is making $100k+ a year, I just don't see the point in going through the work of timing things, tracking it, etc. just to save $1000/year on taxes. The higher your income is, the less worthwhile this appears to be.
Am I missing something?
Submitted December 03, 2022 at 03:21AM by FinallyAFreeMind https://ift.tt/dtZ2VTU