Quantcast
Channel: Bogleheads.org
Viewing all articles
Browse latest Browse all 6523

Personal Investments • Any Way I Can Reduce Taxable Income in 2024?

$
0
0
I'm probably trying to squeeze blood from a stone here, but does anyone see a way to reduce my taxable income (besides quitting my job!) in 2024? I'm single and my AGI for 2023 will be over 200k, which I believe implies I'll pay the net investment surtax in 2023.

Below is a link to a post that shows my asset allocation as of a few months back. The portfolio has grown under recent market condition but the relative allocations are the same. I regret owning the VFWAX position in my taxable Vanguard account, but I've already tax loss harvested the loss positions and am left with a large lot purchased in March 2020 reflecting over $80k in long term gains. I also turned of reinvest dividends on that position. Any thoughts appreciated.

viewtopic.php?p=7542407#p7542407

Statistics: Posted by catchinup — Sat Dec 30, 2023 12:22 pm — Replies 2 — Views 238



Viewing all articles
Browse latest Browse all 6523

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>