USA | eastndfarmer - 8/24/2023 22:07
What do you do with it today?
If it’s deferred at the elevator is this a poor choice?
Is it smarter to take the cash and stuff it in a CD and pay the taxes?
@ 5% int is costing you about $1000 a month to let somebody else use your money. Is best to pay as much income tax on as much income as possible sooner than later.
Those who were playing the defer income tax game last Dec, by buying overpriced iron and inputs got a costly education.
Edited by coup 8/24/2023 23:20
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If you have 250k of cash
