Good afternoon and Happy November! 

Curious the collective wisdom from the group in regards to any possible favorable tax planning strategies for a high income earner who also exercised stock options earlier this year? He is wondering if there is anything he can do to alleviate taxes at this late date. Also, he plans to take about this same amount going forward for the next three years until retirement. He and his spouse both born in 1964. I was considering the admittedly somewhat small impact of (a) possibly adjusting 401k contributions, (b) verifying that he is maxing out any opportunity to contribute to his HSA (c) lump sum 529 deposit for only grandchild? (d) donor advised funds? Any other ideas I am missing? (P.S. Any positive impact is better than none! 🙂 

Thank you in advance for any who might have a few minutes to consider the numbers and the dilemma. Approximate numbers taken from last year's tax return: 

Box 1 - -508,223.        Box 12 - C. 1,336. D. 23,700. DD. 17,726. Box V. 253,925. 

Have an amazing Monday,

Dawn .