Search found 3616 matches

by pshonore
Thu Sep 03, 2015 12:27 pm
Forum: Personal Consumer Issues
Topic: Any advice on smallish repipe job
Replies: 12
Views: 813

Re: Any advice on smallish repipe job

PVC for supply? Didn't think the code allows that in most places. (Certainly ok for drain lines tough)
by pshonore
Wed Sep 02, 2015 1:57 pm
Forum: Investing - Theory, News & General
Topic: Excel function to return latest price
Replies: 14
Views: 1227

Re: Excel function to return latest price

Seems not to work with Excel 2010 either.
by pshonore
Wed Sep 02, 2015 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Social Security and future COLA increases
Replies: 23
Views: 2001

Re: Social Security and future COLA increases

Food certainly is a part of it. Much more detail at http://WWW.BLS.GOV Here's a synopsis of the CPI-U for July. (SS Cola uses the CPI-W which is slightly different) Consumer Price Index Data for July 2015 Food The food index, which rose 0.3 percent in June, increased 0.2 percent in July. The food at...
by pshonore
Wed Sep 02, 2015 10:38 am
Forum: Personal Finance (Not Investing)
Topic: HCE with Dependent Care Reimbursement Account and New Job
Replies: 9
Views: 407

Re: HCE with Dependent Care Reimbursement Account and New Job

My wife began a new job in July. While employed with her previous employer, she had contributed about $2,100 into a dependent care reimbursement account. The annual limit per IRS is $5,000, but she had received a notice from old employer earlier in the year that she would be limited to approximatel...
by pshonore
Wed Sep 02, 2015 8:54 am
Forum: Personal Finance (Not Investing)
Topic: HCE with Dependent Care Reimbursement Account and New Job
Replies: 9
Views: 407

Re: HCE with Dependent Care Reimbursement Account and New Job

Here's how the University of Michigan explains the rules. Not sure if it applies to you but the 115K limit for an HCE seems to set by the IRS for fringe benefits according to IRS Pub 15b. https://hr.umich.edu/benefits-wellness/financial/flexible-spending-accounts/flexible-spending-account-eligibilit...
by pshonore
Fri Aug 28, 2015 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Checking if my house has any Liens on it
Replies: 31
Views: 1845

Re: Checking if my house has any Liens on it

In CT, all land records are kept in the offices of the 169 Town Clerks (no County government). In a few very small small towns, the Town Clerks office was in their personal residence until a few years ago.
by pshonore
Fri Aug 28, 2015 3:06 pm
Forum: Investing - Theory, News & General
Topic: Double check your TLH calculation...This error cost me
Replies: 16
Views: 1799

Re: Double check your TLH calculation...This error cost me

Novice investor question. Thought we could only use $3K/year of loss carry over. So how is OP able to use ~$50K of loss carry over to offset current gain? A loss carryover offsets current year gains dollar for dollar; if there's any carryover left after that, it can than be used to offset up to $3K...
by pshonore
Fri Aug 28, 2015 1:12 pm
Forum: Personal Consumer Issues
Topic: Realtor Listing Agreement question
Replies: 8
Views: 1328

Re: Realtor Listing Agreement question

Agree with Goodlifer. Co-broke fee comes out of the 6%; not added on to it. And usually its split 50/50 - 3% each.
by pshonore
Thu Aug 27, 2015 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: When to Take Social Security for Spouse of Massachusetts Teacher
Replies: 2
Views: 1090

Re: When to Take Social Security for Spouse of Massachusetts Teacher

File and suspend in November; have your wife file for a spousal benefit at that time. GPO does not apply until she collects the pension and she is past FRA so no earnings limit. She can collect 8 months of benefits on your record until she retires. If you suspend at 66, you can then file retroactive...
by pshonore
Wed Aug 26, 2015 11:56 am
Forum: Investing - Theory, News & General
Topic: Wash Sale Quiz!
Replies: 38
Views: 2494

Re: Wash Sale Quiz!

As stated, no. You cannot have a wash sale without a sale. We need to know how many he is selling (if any) and at what price.
by pshonore
Tue Aug 25, 2015 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Janus Bond Fund down almost 3% yesterday
Replies: 13
Views: 1852

Re: Janus Bond Fund down almost 3% yesterday

Looks their biggest holding (10%) is a short term S&P 500 futures "instrument"(E-Mini S&P 500 Sep 15 ). That's been whipsawed the last couple of trading days.
by pshonore
Mon Aug 24, 2015 12:08 pm
Forum: Personal Consumer Issues
Topic: will wifi android 'phone' work for Google Hangouts Dialer?
Replies: 10
Views: 595

Re: will wifi android 'phone' work for Google Hangouts Dialer?

Sounds like MagicJack has a similar app to enable smartphone call use over wifi.

http://www.magicjack.com/magicApp.html
by pshonore
Mon Aug 24, 2015 11:21 am
Forum: Investing - Theory, News & General
Topic: VHT down 27% - Glitch or missed opportunity
Replies: 59
Views: 6917

Re: VHT down 27% - Glitch or missed opportunity

VBK was also down 27%, much more than VB or VBR. But down 27% was based on last trade and the bid ask spread at the time was $27.
by pshonore
Sun Aug 23, 2015 12:12 pm
Forum: Personal Consumer Issues
Topic: Smartphone woes
Replies: 12
Views: 1857

Re: Smartphone woes

I purchased a Verizon Prepaid Moto E 4G LTE at Wal-Mart last week. I plan to eventually put it on TracFone's Verizon BYOP plan to use as a back-up phone. I am not sure if you can do this. At least with PagePlus (another Verizon using MVNO) you are prohibited from activating a prepaid Verizon phone ...
by pshonore
Sat Aug 22, 2015 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Comparison Shopping Homeowner's Insurance
Replies: 8
Views: 1090

Re: Comparison Shopping Homeowner's Insurance

There's agents around who do this. If you own cars, I would suggest requesting your car and auto insurance to be bundled together*, there's usually considerable savings to be had by doing this. I am DIY self kind of person, so I would just do this myself. It's not that difficult. A few shortcuts I ...
by pshonore
Fri Aug 21, 2015 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Interest Deduction Snafu?
Replies: 11
Views: 753

Re: Mortgage Interest Deduction Snafu?

The IRS also is looking into a substantial number of "unmatched" 1098 forms where a large sum of mortgage interest is reported and no matching return is found. Why would someone who has 15K of mortgage interest reported not file a return? The IRS wants to know. I can think of a few reasons...
by pshonore
Tue Aug 18, 2015 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: RMD Beneficiary payout question
Replies: 20
Views: 1339

Re: RMD Beneficiary payout question

Note if you have traditional IRAs among various custodians, they can only tell you the RMD for the holds they hold. But you can take your entire RMD from one or spread it around as you wish. I believe with inherited IRAs you must take the required RMD from each if you have more than one.
by pshonore
Thu Aug 13, 2015 1:31 pm
Forum: Investing - Theory, News & General
Topic: QSPIX - thoughts on interesting fund
Replies: 626
Views: 70316

Re: QSPIX - thoughts on interesting fund

FIDO has another share class of QSPIX for anyone interested - QSPNX - .25 added to the ER but no transaction fee (which is $50 for QSPIX). Minimum $2500 investment in an IRA.
by pshonore
Wed Aug 12, 2015 12:04 am
Forum: Personal Finance (Not Investing)
Topic: SS withholding
Replies: 22
Views: 1680

Re: SS withholding

NoVa Lurker, With all the identity theft and submission of fraudulent returns happening over the past two years, you might want to consider owing the federal government a small amount rather than getting a refund (although I suspect your refund might be small also) so it might not be important to y...
by pshonore
Tue Aug 11, 2015 11:20 am
Forum: Personal Finance (Not Investing)
Topic: SS withholding
Replies: 22
Views: 1680

Re: SS withholding

The IRS will generally include all payments you made when processing your return. Tax withheld is assumed to be evenly made throughout the year, since the IRS has no idea of when it was withheld. Estimated payments are "credited" as received. If the total tax doesn't match the payments thr...
by pshonore
Mon Aug 10, 2015 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: SS withholding
Replies: 22
Views: 1680

Re: SS withholding

The SS Form for withholding has four choices. I think they're 7%, 10% 15% and 25%. Those are the only options. And I would bet most people have none considering anyone with only SS income would owe no tax 99.9% of the time..
by pshonore
Sat Aug 08, 2015 3:25 pm
Forum: Personal Consumer Issues
Topic: Should i take furniture to consignment store?
Replies: 14
Views: 1276

Re: Should i take furniture to consignment store?

What kind of furniture? Bedroom sets? dining room sets? Upholstered, etc. I would contact a local reputable auction house. They may give you an estimate of what to expect pricewise and may put it in their next auction. (and should charge a lot less than 40%).
by pshonore
Sat Aug 08, 2015 1:17 pm
Forum: Personal Consumer Issues
Topic: Best Hot Water [Pressure] Tank Values
Replies: 36
Views: 2261

Re: Best Hot Water Tank Values

I've not seen a modern oil fired HW heating system without an expansion tank. I have one (with a well). The water expands and contracts within the heating system which in theory is a closed system. I think its a good idea to drain the HW tank (actually a good idea to operate all shut offs and drains...
by pshonore
Sat Aug 08, 2015 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: [Paying for Med Part B where] SS benefit less than Medicare Premium
Replies: 3
Views: 400

Re: [Paying for Med Part B where] SS benefit less than Medicare Premium

Spouse in same situation. Gets a one-time bill every fall for the net difference between what Part B costs for a year and their SS yearly benefit, and therefore gets no SS monthly check or deposit. Agree the pension probably eliminates Spousal benefit, but a reduced SS benefit? Are you talking abou...
by pshonore
Sat Aug 08, 2015 11:51 am
Forum: Personal Finance (Not Investing)
Topic: [Paying for Med Part B where] SS benefit less than Medicare Premium
Replies: 3
Views: 400

Re: [Paying for Med Part B where] SS benefit less than Medicare Premium

Spouse in same situation. Gets a one-time bill every fall for the net difference between what Part B costs for a year and their SS yearly benefit, and therefore gets no SS monthly check or deposit. Agree the pension probably eliminates Spousal benefit, but a reduced SS benefit? Are you talking about...
by pshonore
Sat Aug 08, 2015 10:21 am
Forum: Investing - Theory, News & General
Topic: Rebalancing at a low, or wait for a bounce?
Replies: 13
Views: 1264

Re: Rebalancing at a low, or wait for a bounce?

Since reaching an all time high in August 2014, the Alerian MLP Total Return index has declined a little over 32%; just a tad worse than VDE which has declined 28% since 7/31/2014. MLPs and energy stocks will certainly come back but who knows how long it will take? Some of the E&P MLPs (LINE,BBE...
by pshonore
Sat Aug 08, 2015 8:18 am
Forum: Personal Consumer Issues
Topic: Best Hot Water [Pressure] Tank Values
Replies: 36
Views: 2261

Re: Best Hot Water Tank Values

What exactly is leaking? Is it the pressure tank that stores and distributes water from your well? Is the expansion tank on your oil fired hot water heating system? Or is the tank that possibly makes but definitely stores hot water for baths and showers, etc? You most likely have a backflow prevente...
by pshonore
Thu Aug 06, 2015 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Tax questions when selling a rental property
Replies: 24
Views: 1525

Re: Tax questions when selling a rental property

OP states mom rented the land, not the house. Can you split the two on a rental? Land does not depreciate
by pshonore
Wed Aug 05, 2015 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Portfolio mgr says only 38% gains instead of 68%?!
Replies: 13
Views: 2209

Re: Portfolio mgr says only 38% gains instead of 68%?!

Don't know if this helps but when I look at my holdings at Fidelity, they appear to ignore reinvested dividends when figuring cost basis (and total gain) in a retirement account; however they certainly count them in taxable accounts in those calculations.
by pshonore
Tue Aug 04, 2015 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do you need to endorse check when you are paying someone else?
Replies: 5
Views: 355

Re: Do you need to endorse check when you are paying someone else?

In pre-historic times (before ATMs) the usual to get money from your bank account was to write a check payable to "Cash" and present it to a teller. I seem to remember being required to endorse on the back in that situation. But I could be having a memory lapse as well. :D
by pshonore
Mon Aug 03, 2015 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to build this home?
Replies: 11
Views: 1203

Re: Can I afford to build this home?

$ 115 /sq ft including well and septic sounds fairly low. Of course, it all depends on the quality and cost of materials, where in the country you're located, and how much you're doing yourself, if any.
by pshonore
Mon Aug 03, 2015 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Spousal Benefits - so confusing
Replies: 17
Views: 1735

Re: Spousal Benefits - so confusing

While he's basically stuck, as already outlined, he could choose to suspend his benefit now if he doesn't need the money. He would then receive some delayed retirement credits for the months that he does not collect a benefit. Do we know how old the husband is? Not sure but can he suspend benefits ...
by pshonore
Mon Aug 03, 2015 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Car price negotiation--already discounted?
Replies: 13
Views: 1458

Re: Car price negotiation--already discounted?

Since this is already almost 25% off MSRP, I doubt there's little room for negotiation, but you'll never know if you don't try. If you actually see the car, check the manufacture date (usually on the inside of a door pillar) to see how long its been around. A long time may suggest they really want i...
by pshonore
Mon Aug 03, 2015 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Wait... What? [IRA and taxation]
Replies: 42
Views: 5328

Re: Wait... What? [IRA and taxation]

Actually, TT would have caught it (as a possible itemized deduction) if you faithfully entered everything on your 1099SS form. But Kevin M is correct, it is not a income tax.
by pshonore
Mon Aug 03, 2015 11:38 am
Forum: Personal Finance (Not Investing)
Topic: what is Excise Tax Bill on Car???
Replies: 9
Views: 745

Re: what is Excise Tax Bill on Car???

Just out of curiosity, is this tax in addition to purchasing your vehicle tag? That tax isn't a small tax at all. Ouch! Broken Man 1999 In CT , its an addition. The problem is the tax is assessed by all 169 towns and the mill rates differ drastically. In Harford, its about 75 mills; where I live it...
by pshonore
Mon Aug 03, 2015 11:09 am
Forum: Personal Consumer Issues
Topic: Crab Grass
Replies: 33
Views: 2787

Re: Crab Grass

I've lived in CT all my life and I don't think you'll get much germination from grass planted after Oct 1. The soil just isn't warm enough. End of August - early Sept usually is better. Has anyone tried the new "hay"? Appears to be chopped up hay that has some of binder to hold it together...
by pshonore
Sun Aug 02, 2015 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Wait... What? [IRA and taxation]
Replies: 42
Views: 5328

Re: Wait... What?

<snip...> Sounds like this was a standard template for 401k plans in the 70's and 80's. 401(k) programs did not start until 1980. While the law that the eventual 401(k) was based on passed in 1978, the formation of the first 401(k) plan came about in 1980 by Ted Benna, who set it up for his employe...
by pshonore
Sat Aug 01, 2015 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: SS Question
Replies: 10
Views: 1190

Re: SS Question

No, its your earned income that counts. However, her income will figure into how much of your SS is subject to income tax. The max would be 85% subject to income tax.
by pshonore
Sat Aug 01, 2015 2:34 pm
Forum: Personal Consumer Issues
Topic: Crab Grass
Replies: 33
Views: 2787

Re: Crab Grass

You just have to be consistant with working on killing, pulling, and removing unwanted growth on a regular basis. I moved into this home in June, and the previous owner hadn't done anything for some time. I treated with Bayor product to kill crabgrass twice, two weeks apart, then used spot treatmen...
by pshonore
Sat Aug 01, 2015 10:43 am
Forum: Personal Consumer Issues
Topic: Crab Grass
Replies: 33
Views: 2787

Re: Crab Grass

I wouldn't use Roundup because it will kill everything including the existing "good" grass. I'd keep I mowed, and you could overseed in the Fall and put down crabgrass preventer next Spring as another poster suggested. You might consider using a re-seeder in the Fall as just scattering see...
by pshonore
Sat Aug 01, 2015 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Wait... What? [IRA and taxation]
Replies: 42
Views: 5328

Re: Wait... What?

There are different situations if you buy your companies stock inside a 401k, other than that... not much to clarify. Can you elaborate on this? I own my own companies stock(ESOP) through bonuses as well as straight purchases within my 401k. It's all vested. Does this have any different tax treatme...
by pshonore
Fri Jul 31, 2015 3:08 pm
Forum: Personal Consumer Issues
Topic: Food safety - broken refrigerator
Replies: 20
Views: 1180

Re: Food safety - broken refrigerator

Most experts recommend NOT keeping whole onions, potatoes and bread in the frig. Apples should be fine as would be most fresh fruit. What is supposed to happen if you keep whole potatoes and onions in the frig? I have done that for years. The onions sprout eventually and if they do that I plant the...
by pshonore
Fri Jul 31, 2015 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Hit with $10k tax bill from 2013, given 3 weeks to pay
Replies: 50
Views: 6230

Re: Hit with $10k tax bill from 2013, given 3 weeks to pay

The IRS matches all 1099B forms with Sched D. If you did not fill out a Sched D, they will do it for you and assume your basis is $0 (assuming non-covered shares). Do the gross proceeds from all 1099B forms you received equal the gross proceeds on Sched D?
by pshonore
Fri Jul 31, 2015 12:44 pm
Forum: Personal Consumer Issues
Topic: Food safety - broken refrigerator
Replies: 20
Views: 1180

Re: Food safety - broken refrigerator

Most experts recommend NOT keeping whole onions, potatoes and bread in the frig. Apples should be fine as would be most fresh fruit.
by pshonore
Fri Jul 31, 2015 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: CA State Refund Intercepted by DMV
Replies: 12
Views: 1427

Re: CA State Refund Intercepted by DMV

Not sure how things work in CA, but in CT when you sell, return, junk, etc. a vehicle, you're supposed to turn in the plates to DMV (and always get a receipt) unless you're transferring them to another vehicle. That cancels the registration, notifies the tax collector, etc.
by pshonore
Fri Jul 31, 2015 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Social security
Replies: 7
Views: 671

Re: Social security

One advantage of the File and Suspend approach is you can at anytime file for benefits back to age 66. If say at age 69, your long term health outlook doesn't look so good, you could file for those 3 years of benefits retroactively. Of course they would be paid at your age 66 "rate" + any ...
by pshonore
Thu Jul 30, 2015 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Investing $3,000 for a 1-year old
Replies: 16
Views: 1944

Re: Investing $3,000 for a 1-year old

Your best bet is to open a 529 college savings plan as it can grow tax-deferred and ultimately be tax-free if spent on college expenses. If your state has income tax, there likely is a tax credit available. Most plans have age-based funds that start out aggressively allocated, and gradually pullbac...
by pshonore
Wed Jul 29, 2015 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: TIAA $150 bonus for their new Checking product
Replies: 6
Views: 736

Re: TIAA $150 bonus for their new Checking product

And TD Bank has a new Visa - $200 back when you charge $500 in the first 90 days as well as 5% back on up to $1500 on purchases each month for the first 6 billing cycles (another $450). 1% after that.
by pshonore
Wed Jul 29, 2015 7:21 pm
Forum: Personal Consumer Issues
Topic: Actual car leasing experiences ? (esp Volvo?)
Replies: 5
Views: 674

Re: Actual car leasing experiences ? (esp Volvo?)

I leased a couple of cars awhile back. No problem returning them. No charge for wear and tear, etc. I actually bought new cars from the dealers where I returned both of them (not the leasing dealer although they sold the brand I was returning) so they had a reason to keep me happy. Currently have a ...
by pshonore
Tue Jul 28, 2015 8:51 am
Forum: Investing - Help with Personal Investments
Topic: Taxable income computation by Vanguard
Replies: 25
Views: 1245

Re: Taxable income computation by Vanguard

I checked Form 8949 with which I was not familiar. Page-2 of the form (long term gains) asks to list all purchases of the fund with the corresponding costs. If I don't want to go through all purchases, is there a way to aggregate them and use the average cost? Form 8949 includes a note: Note. You m...

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