Bogleheads.org

The website lists lots of IRS Income tax return fraud cases, many involving issuing refunds on debit cards: http://www.irs.gov/uac/Examples-of-Identity-Theft-Schemes-Fiscal-Year-2013 But still can't figure out how crooks would take advantage unless they actually get physical receipt of the debit car...

Maybe they were using her identity to get the cards setup. Once a card is issued, then they can load them online by transferring money online from someone else's checking account to the cards. Assuming they had online access to someone's checking account. Then they would use the cards online to buy ...

Thanks for the comments. I may rethink my strategy. I was reading posts over at FatWallet. One person had his Mango card cancelled after 3 months because he was loading/unloading too much or frequently via ACH. Assuming that was unloading into a bank acct. My rewards checking just increased the numb...

I finally got my Mango card all set up. I have $500 a month going in from direct deposit to avoid the $5 a month fee. I've got about $4500 in the savings acct (less than $5000 to allow for interest growth). Now I am looking for ways to get the $500 per month off the prepaid debit card besides buying...

If you don't care much about hotel decor and amenities, there is a cheap tourist hotel in a great location in DC called the Hotel Harrington. located at corner of 11th and E Streets, NW. One block from Metro Center redline subway stop. I did a quick check and it looks like room rate is less than $20...

Here are some other ideas: I put some of my cash in peer-to-peer lending with Lending Club, starting with a couple hundred dollars at first in 2009 and now up to about $12,000. Returns have been all positive, more than standard savings rates, return is running now about 8%. I could sell notes on sec...

Did you receive a state income tax refund for the year 2009 or did you receive the refund in 2009?

So in other words, that line on the 540x is referring to a 2008 refund that I originally deducted in 2009. It is not referring to the refund I received in 2009. Your question is confusing. You don't deduct "refunds". You deduct the amount of state tax withheld in a tax year, say 2008, on ...

oops. I missed the part of about you are amending for year 2009. Anyway, it would depend if you deducted your state income taxes paid on your 2008 federal return.

When you do your Federal Taxes, the amount of state tax refund you received in 2012 gets reported as income on your 2012 federal return ONLY if you itemized deductions in 2011 and took a deduction for state taxes paid. Because the state return is using the Federal income as starting point, you have ...

When I was in my late twenties, it was the early 1980s. After seven years of attending university, working part-time and working full time sometimes as co-op student in engineering, I graduated in Dec 1982 and hardly anyone in my field could get a job due to the ongoing recession. But I did not have...

With your good credit score and high income, you should have no problem getting a debt consolidation loan at Lending Club.com at a lower interest rate that your current credit card interest rate so you can cut the interest payments on your two credit card debts. I am invest in Lending Club loans and...

I will have to review my Virginia tax instructions on how I should report federal-exempt, but not state-exempt portion of my bond dividends. I'll get my Federal taxes figured out first, but wait on filing and then start on the State taxes. Maybe I will end up reporting this on Schedule B after all. ...

See https://www.tsp.gov/PDF/formspubs/tsp-583.pdf
Important Tax Information about TSP Death Benefits Payments, May 2012

Talks about transferring beneficiary TSP funds to an inherited IRA, but does not mention anything about an inherited Roth IRA.

I think I found the answer to my question on one of Vanguard's webpages: https://personal.vanguard.com/us/insights/article/tax-forms-available-12032012 They indicate that the 1099-DIV and 1099-INT for VG mutual fund accounts are now available, but the these forms for brokerage accounts will be avail...

The T Rowe Price Tax-free fund is not in an IRA. The reason I said it was “nontaxable” is that when I go to the “Taxes and Income” page for my accounts, then click on Dividends and Capital Gains Distributions”, I get a webpage showing two of my VG bond funds (GNMA and Intermediate Term Investment Gr...

In 2012, for the first time, I purchased shares of T Rowe Price Virginia Tax Free Bond Fund through a brokerage account at Vanguard. I am a Virginia resident. I don’t see any tax forms for this account on the Vanguard site, but I did see Form 1099-DIV for three other VG bond funds I have. I do see t...

Earlier this month, I downloaded my 1099-OID from Lending Club for the interest from my peer-to-peer consumer loans. Now they tell me that they will issue a revised 1099-OID by February 15. I was figuring up the bad debt losses on my defaulted loans on my own to put on Form 8949, but now Lending Clu...

Something similar happened to a Merrill Lynch account some years back (year 2000?) that was used by my condo association. We had some of our reserve money in a Merrill Lynch money market account. No one on the board was paying much attention to the account. We (I was on the board at the time) got a ...

Don't forget the classic from a previous thread on that thrifty thing you do: Only use one sheet, and I am not talking about your bed. Hmm, I wonder who wrote that? :) Well, actually, I was going to include my toilet paper reduction strategy using washable cloth wipes (not for No. 2), but most peop...

I use an electric blanket at night in the winter so I can set my thermostat low. I also wear a flannel nightgown. I also have a programmable thermostat so the settings are automotic for weekdays or weekends. I use all CF lightbulbs. I also use hankies at home instead of kleenex. I have bad nasal all...

http://www.fivecentnickel.com is reporting that Long term capital gains and qualified dividends will now be taxed at 20% (vs. 15%) for those above the $400k/$450k threshold. Note that this rate doesn’t apply to all of their capital gains and dividends. Rather, it’s for amounts that take their income...

One option for sending money internationally is to use Paypal. I've sold stuff to Canadians on Ebay and they have paid me using Paypal. However, the receiver of the money gets charged $0.30 per transaction plus 2.9% of the money transferred. I am not sure about currency conversion fees. Paypal users...

I have a cheap flip Motorola Tracfone for which I add minutes once a year that are good for one year. I never use up the minutes because I rarely use the phone (only for emergnecies and when I travel). This July, I paid $102.19 for a year's more service, so that works out to $8.51 per month. I have ...

I had closing delays when I sold my condo many years ago. I only had one interested qualified buyer. He wanted to close in 15 days. I said great, because I had already moved out of the condo, so no constraints on my part. Then he need more time, no problem, most closings take 30 days anyway. After 4...

Much of the discussion of the LTC insurance focuses on the need for nursing home. But LTC can cover costs to assist people with activities so that they can still stay at home and avoid a nursing home. Many people start to go into a period of decline where they need help with one of more of the activ...

$28,000 in 1982 as a chemical engineer. I don't know what that is in today's dollars.

See recent discussion on this same issue at
http://www.freemoneyfinance.com/2012/08 ... l#comments

The comments had a lot of good information to consider.

TSP Government Securities (G-Fund) Fixed Income Index (F-Fund) Small Cap Stock Index (S-Fund) International Stock Index (I-Fund) Common Stock Fund (C-Fund) Based on your allocations below: 20% L2030 2 0% L2040 10% G 10%F 20%S 20%I 0% C Here is your actual allocation by each individual fund, because ...

I would contact the bank that has the HOA account ASAP and explain the situation to them. As president of the HOA, you may be able to get some information out of them. Such as, does the HOA still have the account there and is their money in it? Is it a fact that the money has been moved or just your...

I don't know how much money is involved here, but it sounds like it is time to get a lawyer involved to advise you.

I assume there are other board members of the HOA. You all need to get together ASAP and appoint someone else as treasurer. Put the decision/minutes in writing and then have the others sign it. Then that person needs to contact the bank and give them whatever paperwork necessary to get accesss to th...

Age 14 $0.50/hr babysitting Kentucky Age 17 $2/hr busing tables in restaurant Louisiana Along the way getting my education, I worked in a greenhouse, as a waitress, property painter, donut shop cashier, cleaning dorm bathrooms. (worst job ever) Then worked in chemical plants. Now 50 something Govt C...

My step-uncle was going to leave a $80K to his mentally ill sister, but then found out this would cause problems with her eligibility for the low-income housing in which she lived. She also had a past history of spending money inappropriately such as giving too much of it to boyfriends and not leavi...

Looks fun to tinker with, but can you make any serious money here without a huge workload? If you had 500k to loan out and grossed 6% after defaults and expenses, that's a respectable 30k extra income, but it seems you have to keep up with an overwhelming number of accounts. How much time would it ...

Looks fun to tinker with, but can you make any serious money here without a huge workload? If you had 500k to loan out and grossed 6% after defaults and expenses, that's a respectable 30k extra income, but it seems you have to keep up with an overwhelming number of accounts. How much time would it ...

This sounds too good to be true. Am I missing something? Very enticing idea to look into. These loans are unsecured and people do default. Also I believe Prosper and Lending Club are still not operating in the black although their business is increasing every year. I think Lending Club may be doing...

I'm thinking the best way to do this would be under the cover of a IRA if one can? Depending on how they/you keep track of taxes I would think could turn into a nightmare. Just starting with $5k and using $25/notes you would have 200 notes. The tax reporting is not that hard. For all your notes, Le...

I have also considered starting Roth IRA with Lending Club next year. They require $5,000 investment to get the no-fee Roth IRA. It would make more sense to keep the peer-to-peer lending inside of a Roth IRA for tax reasons. But my taxable investment could also serve as emergency cash source if I ne...

I started investing in Prosper back in 2008, then with Lending Club in 2009 when Prosper stopped for a while. I only invested a couple of hundred dollars in each until I got the hang of it. I only have a couple of loans with Prosper now. Decided to stay mostly with Lending Club. Now I have about $10...

So I guess Grandfather had no assets or life insurance when he died that would cover a cemetary plot? If you do decide to pay $5000 for a plot, I would tell your Mom that you would pay the cemetary directly instead of funneling the money through her. I bought a cemetary plot next to my father's (he ...

Where does the stepfather fit into all this? Is he still alive? Working or retired?

I remember some years back when hackers were able to get into some TSP (fed govt 401k) investment accounts and take money out. A few TSP users computers (I think it was there not-well-protected home computers) got key loggers program installed on them and outsiders were able to access their TSP user...

If you are in the 25% federal bracket now, then tax rate could go up if Congress lets the Bush tax cuts expire. They extended them for this year (2012), but it they don't do another extension, I thought the 25% bracket goes away thus you might be in the 28% bracket in future years with same income a...

I have used two Rewards Checking accounts, with a required 22 debits a month for the two accounts. It does take some behavior modification (did not use debit card before this) and meticulous tracking to make sure I was making all the required number of debits within the cycle for each account. I wou...