We maintain a 90/10 overall asset allocation with 30% of equities allocated to international.
401ks: Fidelity International Index
Taxable: VXUS and VEA
Taxable has more than double the amount of international than our tax deferred accounts. Roth IRAs hold 100% VTSAX.
My thinking was that we'd be better off keeping international in taxable for foreign tax credit. But, last year we were in the top federal tax bracket and this year we will be there again, if not very close.
In our situation, are we still better off keeping international in taxable, or should I start putting some in tax deferred? If tax deferred, 401k or Roth IRAs?
I tried doing some TLH to move VXUS to VEA, but ended up creating a wash sale. Image may be NSFW.
Clik here to view.
My thinking was that VEA is more efficient for taxable with the greater proportion of QDI.
Thanks for any suggestions!
401ks: Fidelity International Index
Taxable: VXUS and VEA
Taxable has more than double the amount of international than our tax deferred accounts. Roth IRAs hold 100% VTSAX.
My thinking was that we'd be better off keeping international in taxable for foreign tax credit. But, last year we were in the top federal tax bracket and this year we will be there again, if not very close.
In our situation, are we still better off keeping international in taxable, or should I start putting some in tax deferred? If tax deferred, 401k or Roth IRAs?
I tried doing some TLH to move VXUS to VEA, but ended up creating a wash sale. Image may be NSFW.
Clik here to view.
My thinking was that VEA is more efficient for taxable with the greater proportion of QDI. Thanks for any suggestions!
Statistics: Posted by NYCaviator — Tue Mar 19, 2024 8:28 am — Replies 7 — Views 201
