Is there someway to reduce AGI for a person on SS and pensions? Capital losses only works to $3000, and there's no deferred comp available for retirees.
-- Ron
Reducing AGI
Nov 02, 2007
3 Replies
Give a lot of income to charity.
That won't reduce AGI.
-- Rich Carreiro snipped-for-privacy@rlcarr.com
It can if you're over 70.5 and taking MRDs (or is it RMDs) from your IRA. Otherwise, it won't.
Mark Freeland snipped-for-privacy@sbcglobal.net
Join the Discussion
Have something to add? Share your thoughts — no account required.
Didn't find your answer?
Ask the community — no account required