Hi , so in this scenario am I correct about how the taxes would work here? So if I have 1 million in a index fund and withdraw only just below the max for 0% capital gains rate is ( 40k or something like that ) and do not make any income for that year would there be no tax for that? Also , let's say you have 1 million of a index fund but 800k of it is what you actually put in , since that is not taxed if you take out 80k what's to say you're pulling from the principal and not the interest? I am very confused on that last part , thanks
Leave a Reply