Which of the following is not required to determine the best timing strategy?
A) the taxpayer's after-tax rate of return.
B) the taxpayer's tax rate this year.
C) the taxpayer's tax rate in future years.
D) the taxpayer's tax rate last year.
E) none of these.

Question

Quizplus · Accepted Answer

The taxpayer's tax rate last year is not relevant to determining the best timing strategy as it pertains to past tax years and does not inform decisions for the current or future tax years. The taxpayer's after-tax rate of return, current and future tax rates, as well as other factors such as the timing of income and deductions, are important considerations in determining the best timing strategy.

Which of the Following Is Not Required to Determine the Best