1. Don't forget that there is a 0% qualified dividend and long term capital gain rate if you have AGI below $69,000 ($34,500 for singles). This is also the case for 2012. It is possible to generate "free" capital gain and dividend income.
2. Gifting appreciated stock to adult children or parents in a low bracket can be a good plan for utilizing the 0% rate.
3. Watch installment sales. Installment sale proceeds are taxed at the rate in effect in the year the principal is collected. Collections in 2011 and 2012 will be at the 0% or 15% rates. Collections in later years maybe subject to higher capital gains rates and, for some upper income taxpayers, the new 3.8% Medicare tax may apply in 2013.
4. Watch out for AMT. The AMT and state taxes often makes effective LTCG higher than the 15% that is advertised.
5. If you have a corporation you have two or years to pay out dividends at the 15% rate. This may be a good time to clear out shareholder loans
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