• yenahmikM
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    3 days ago

    Decided to use the holiday weekend to get a jump start on my taxes. Turns out my “crypto bro” spouse realized 6 figures in capital gains on a coin. Guess I have to claw back my Roth IRA contribution from 2025 because that puts us over the income limit.

    I don’t think I can do the backdoor Roth because I have existing Trad IRA contributions from before I got married. My 401k only accepts rollover funds and not direct contributions to an IRA, so I think the pro rata rule is going to bite me if I try. Not sure if it’s worth the tax hit to convert my existing funds to Roth or not to open up the backdoor as an option.

    • eldavi@lemmy.ml
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      2 days ago

      the maxwell case; epstein files; et. al. suggested that they were in control of cryptocurrencies and you’re now benefiting from it; does it give you any sort of pause about how you getting rich off of baby fucking/eating and bombing children?

      i know that this sounds snarky and it’s not intended as an attack on you, but i use this wording to make it clear that this is what’s happening and i genuinely wonder if this new crop of petite bourgeoisie are as well connected to the fundamental reality of our existence as their non-bourgeoise classes are.

      • yenahmikM
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        2 days ago

        Preaching to the choir here. I think crypto is a scam. But I don’t control what my spouse does with their money. We largely keep our finances separate because we have such different investment philosophies.

        • eldavi@lemmy.ml
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          1 day ago

          is your spouse aware of this reality? does this lack of care for society and humanity factor into how you regard them?