Pay Negative Taxes

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[{"selector":"#anim-ea61fec6-c21b-4176-8e71-04ee76132489","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ddf1402b-a703-423a-a02d-8df450f4d05e","keyframes":{"transform":["translate3d(-128.78788%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] I’ve shown you how easy it can be to pay no federal income tax in retirement. In fact, it’s not difficult to pay negative taxes, that is, to have the federal government owe you money. That’s exactly the situation the fatFIREd couple behind FI Heroes have found themselves in. Read More

After filling out their 2020 tax return, they not only owe nothing; they are owed thousands of dollars!

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Stimulus money played a role, but even in a “normal” year, they would come out looking like bandits. Read on to see how they have plenty of wealth but pay negative taxes.

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Pay Negative Taxes

#1. MOVED TO A STATE THAT HAS NO CAPITAL GAINS TAXES.

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#2. CONVERTED OUR INCOME TO ONLY BE QUALIFIED DIVIDENDS / INTEREST.

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#3. KEPT OUR INCOME LOW ENOUGH TO QUALIFY FOR ACA SUBSIDIES.

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