Tax Reduction and Management Techniques

Free CFP Exam lesson in Tax Planning. 19 min read, ~2,862 words.

Four strategy categories: Timing, Conversion, Shifting, Reduction. Roth conversions are most powerful in low-income years: fill lower brackets without spilling into the next. No income limit, cannot be reversed. Donate long-term appreciated securities: avoid the 23.8% gain AND claim the FMV deduction (30% AGI limit). QCDs at age 70.5+ exclude...