cancel
Showing results for 
Search instead for 
Did you mean: 
nwobcw
Advisor

Can't take it no more, have to sell something

Planning on selling something this morning at market opening.  Prices to good to pass up and hold payment till next year.

0 Kudos
2 Replies
centralillinois
Contributor

Re: Can't take it no more, have to sell something

Each individual is in a different situation, but if the tax rates go up next year, you might consider taking the income this year and paying the taxes.  No one knows what congress will do about the tax rates, but if nothing is done the top rates will increase. 

0 Kudos
nwobcw
Advisor

Re: Can't take it no more, have to sell something

Can't really handle much more income.  Already have quite a bit of income to put down on a farm I bought last Feb.

0 Kudos