Resource · Tax Planning
Year-End Tax Moves
The moves worth making before December 31 — Roth conversions, charitable giving, harvesting, and RMDs.
Some tax decisions can only be made, or only matter, in the last few weeks of the year. This checklist covers the moves we review with clients each fall.
What’s inside
Tax-loss harvesting
How selling investments at a loss can offset gains, and the wash sale rule to watch.
Roth conversions
When converting pre-tax savings to Roth can make sense, and how it can affect Medicare premiums.
Charitable giving
Qualified charitable distributions (QCDs), donor-advised funds, gifts of appreciated stock, and bunching several years of gifts into one.
Required distributions and contributions
Year-end deadlines for required minimum distributions (RMDs), 401(k) contributions, and estimated taxes.
Other year-end decisions
Annual gifts, flexible spending account (FSA) balances, Ohio 529 contributions, and capital gains planning.
Start the conversation in the fall
Download the checklist early in the fall if you can. If you’ve had a big income year, let us know as soon as possible so there’s time to plan.
This content is for informational purposes only and is not individualized advice.