Thread: GENIUS IDEA
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  #15  
Old 12-05-2005, 11:46 PM
BigF BigF is offline
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Join Date: Dec 2004
Posts: 112
Default Re: GENIUS IDEA

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Maybe if you were slightly above a high tax bracket, you could force yourself to write off a loss to avoid the extra taxes. But I know nothing about anything.

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FYI higher tax bracket doesn't mean all of your income gets taxed at a higher rate, just the part that's above the bracket threshold. That's why it doesn't make sense to "write off a loss to avoid the extra taxes".
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