Yeah, that's a good point too. The core issue is the applicability of SBJA/QSBS to new startups and founder shares, I think -- that's potentially a savings on $10mm of capital gains and AMT preference, which could easily be $3mm by 2016.
The other trick this year is that you can convert 401k and IRA to Roth and split the income over 2011 and 2012 (2 years), or from 2010 forward, effective removal of income limits for Roth. Roth IRAs are awesome if you have really low income a few years (but some savings), and then future much higher income.
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Yeah, that's a good point too. The core issue is the applicability of SBJA/QSBS to new startups and founder shares, I think -- that's potentially a savings on $10mm of capital gains and AMT preference, which could easily be $3mm by 2016.
The other trick this year is that you can convert 401k and IRA to Roth and split the income over 2011 and 2012 (2 years), or from 2010 forward, effective removal of income limits for Roth. Roth IRAs are awesome if you have really low income a few years (but some savings), and then future much higher income.