View Poll Results: Is NQDC option good
Yes (this is amazing deal for ME)
4
7.14%
No (what a sham for ME)
32
57.14%
Maybe, cuz I’m old-ish and it could work out
10
17.86%
Maybe, cuz I’m relatively young or a baby and don’t mind a little side gamble
10
17.86%
Multiple Choice Poll. Voters: 56. You may not vote on this poll
NQDC
05-15-2025 | 02:13 PM
#31
Line Holder
Joined: Jun 2015
Posts: 1,979
Likes: 107
Two other tax ideas:
1) say you’re single and plan on getting married: roll some of your single income to the following year when married to take advantage of married tax brackets.
2) Moving from a high state income tax state to a lower one? (eg NY/CA to FL, WA, TN) Roll some money to the future tax year and avoid state taxes.
1) say you’re single and plan on getting married: roll some of your single income to the following year when married to take advantage of married tax brackets.
2) Moving from a high state income tax state to a lower one? (eg NY/CA to FL, WA, TN) Roll some money to the future tax year and avoid state taxes.
05-15-2025 | 02:39 PM
#32
Gets Weekends Off
Joined: Apr 2007
Posts: 5,479
Likes: 383
Two other tax ideas:
1) say you’re single and plan on getting married: roll some of your single income to the following year when married to take advantage of married tax brackets.
2) Moving from a high state income tax state to a lower one? (eg NY/CA to FL, WA, TN) Roll some money to the future tax year and avoid state taxes.
1) say you’re single and plan on getting married: roll some of your single income to the following year when married to take advantage of married tax brackets.
2) Moving from a high state income tax state to a lower one? (eg NY/CA to FL, WA, TN) Roll some money to the future tax year and avoid state taxes.
05-15-2025 | 04:24 PM
#33
Gets Weekends Off
Joined: Sep 2006
Posts: 2,609
Likes: 4
From: Bus driver
05-15-2025 | 09:13 PM
#35
Line Holder
Joined: Mar 2023
Posts: 207
Likes: 21
05-16-2025 | 06:00 AM
#36
Gets Weekends Off
Joined: Apr 2018
Posts: 4,043
Likes: 362
There are rules on owing taxes in the state the income was earned depending on distribution schedule, but if you do it right, you can absolutely do this.
Also if you're planning a large purchase the following year for a business that you're a material participant in and bonus depreciation gets extended (it will), then it might be smart to defer more income to that year in order to take more advantage of the deduction.
It all depends on the plan's rules whether we can do these things or not though.
Also if you're planning a large purchase the following year for a business that you're a material participant in and bonus depreciation gets extended (it will), then it might be smart to defer more income to that year in order to take more advantage of the deduction.
It all depends on the plan's rules whether we can do these things or not though.
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