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Originally Posted by Ashartus
I'm still trying to get my head around the implications of the capital gains tax changes, definitely not a tax expert. I work for an employee-owned firm and my shares are a fairly significant part of my retirement savings. I think with this change (presuming it isn't overturned after the next election) rather than selling all my shares at once when I retire I would be better off selling them over time so my capital gain doesn't exceed $250k in any year?
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Not a tax expert
This is correct but it isn’t really changed from before this change. You would have been unlikely to want to sell more than 250k per year before the tax change because of how much that would increase your marginal tax rate you were paying on gains and to avoid OAS clawbacks. You likely wouldn’t want to have an income higher than the top of the 20.5% bracket or even the 15% bracket.