I recently sold our rental house and will have about 100k in capital gains along with the depreciation recapture taxes. We have been getting the premium tax credit so that'll be another 13k to pay back next year. We are self employed and plan on making out our IRAs and HSA. Just hoping someone might have an idea I haven't thought of yet. What are some options of what I can do with the money to reduce my income next year before Uncle Sam wants his cut? Thanks for any advice.
Submitted July 11, 2020 at 11:12PM by chacaron1 https://ift.tt/2ZYnuL6
