Today (Jun 12) Oracle announced their earnings and their stock jumped from $176.38 to $199.86. Back to where it was last November when I missed selling so I think time to sell some stock.

Some notes:

Would no longe qualify for Medi-Cal — limit is $21.6k. You report income change within 10 days. End of coverage triggers a 60-day Special Enrollment Period into Covered California.

Should still qualify for subsidized health care in Covered California. If my income is $55k it estimates $222 per month Silver plan ($984 per month subsidized).

Selling stocks gets taxes depending on profits. Single filer the first $48k has no long term capital gains tax, then 15% to $533k (so if I sell for $100k profit the first $48 is not taxed then the next $52k has 15% tax).

For California stock sales are taxes as regular income, though at least once again it's the profit that's taxed. If I use iCalculator for California at $55k I have $1556 in CA tax with max tax rate 13.3% — it's a graduated tax so it's not like everything is taxed at the max rate.

Question is what's my profit? If I sell 250 shares (almost $50k) cost basis is about $65 (LIFO method where my youngest stock is sold first — everything is over 2 years old). That makes $33750 profit so no capital gains. If I use FIFO then cost basis is about $28 so $43k profit and still no capital gains. I guess sell FIFO to avoid capital gains now (as stock price goes up selling that old stock will hit capital gains). I don't mind paying CA taxes as much since it's much lower.

So now I get $50k. Minus $1.5k in CA taxes. Minus ($250 x 12) = $3k for health insurance. Leaving $45.5k which is enough to cover me another year.