There is no easy answer when it comes to whether or not deferring taxable income is a good idea, as the decision depends on a variety of factors. Generally speaking, though, deferring income can be a smart move if you anticipate that your tax bracket will be lower in the future or if you expect to have significant deductions in the year in which you plan to claim the income. On the other hand, if you believe that your current tax bracket will be lower than it will be in future years, then it may make more sense to claim the income in the year it was earned.

No, you do not have to pay taxes on Social Security after full retirement age. Once you reach full retirement age (which varies depending on your year of birth), you can start receiving Social Security benefits without having to pay income tax on them. However, if you continue to work after reaching full retirement age, you may have to pay taxes on some of your Social Security benefits.

There are a few ways to avoid paying tax on dividends, the most common of which is to hold the stock for more than one year. In order to be eligible for the long-term capital gains tax rate, you must hold the stock for more than one year. This rate is lower than the regular income tax rate, so it can be beneficial to wait before selling stocks that pay dividends. Another way to avoid paying dividend taxes is by investing in a dividend reinvestment plan (DRIP). With a DRIP, you can automatically reinvest your dividends without having to pay taxes on them.

There are a few things you can do in order to avoid paying capital gains tax. One is to invest in a tax-exempt account, like a Roth IRA or 401k. You can also donate appreciated stock to charity, which will allow you to deduct the fair market value of the stock from your taxable income. Finally, you can keep track of your cost basis when selling investments, so that you only pay taxes on the capital gain (the difference between the sale price and your purchase price).