At 65, He'll Sell One Stock for a $120,000 Gain and Another for a $100,000 Loss. Medicare Will See Only the $20,000 Net Gain, and His Premium Won't Move

At 65, He'll Sell One Stock for a $120,000 Gain and Another for a $100,000 Loss. Medicare Will See Only the $20,000 Net Gain, and His Premium Won't Move

A friend's warning about a six-figure stock gain spiking Medicare premiums sent this retiree into a panic, but the IRS calculates capital gains in a way that Social Security may never even notice the transaction.

At 65, He’ll Sell One Stock for a $120,000 Gain and Another for a $100,000 Loss. Medicare Will See Only the $20,000 Net Gain, and His Premium Won’t Move

The post At 65, He’ll Sell One Stock for a $120,000 Gain and Another for a $100,000 Loss. Medicare Will See Only the $20,000 Net Gain, and His Premium Won’t Move appeared first on 24/7 Wall St.. He’s 65, married, with both spouses on Medicare. Before year-end he wants to clean up a taxable…