Search found 4444 matches

by HueyLD
Mon Dec 05, 2016 9:30 am
Forum: Personal Finance (Not Investing)
Topic: American Opp Tax Credit - 4 year rule?
Replies: 11
Views: 936

Re: American Opp Tax Credit - 4 year rule?

Based on what you have posted, your wife should be able to claim the AOTC.

Do make sure that the Box 8 of Form 1098-T is checked and you can answer all required questions affirmatively.
by HueyLD
Sun Dec 04, 2016 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: SSN or EIN on W9 for freelance contractor?
Replies: 2
Views: 212

Re: SSN or EIN on W9 for freelance contractor?

Take a look at the form W-9: "For individuals, this is generally your social security number (SSN). However, for a resident alien, sole proprietor, or disregarded entity, see the Part I instructions on page 3. ..... If you are a sole proprietor and you have an EIN, you may enter either your SSN...
by HueyLD
Sat Dec 03, 2016 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Taxes - Enrolled Agents
Replies: 1
Views: 240

Re: Taxes - Enrolled Agents

There is a San Diego BH chapter that meets on the third Monday of the odd calendar months in Encinitas. See this thread ( viewtopic.php?f=9&t=170084 ) for additional info about the chapter meetings.

You can ask for recommendations from fellow Bogleheads there.
by HueyLD
Wed Nov 30, 2016 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: How do others handle their withdrawals or distributions
Replies: 17
Views: 1776

Re: How do others handle their withdrawals or distributions

If dividends provide enough money for you to live comfortably, then use the dividends for daily living. Only dip into principals for extravagent expenditures and other unbudgeted items.
by HueyLD
Wed Nov 30, 2016 3:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft is almost at 50,000 posts...
Replies: 43
Views: 2863

Re: livesoft is almost at 50,000 posts...

livesoft wrote:No, I don't feel the excitement. Please lock this thread and no more comments about this.

Oh, you're welcome.

Is the above comment serious? Come on Livesoft, take it like a man. :-)
by HueyLD
Wed Nov 30, 2016 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Disturbing Conversation With Medicare Agent re Forfeiture of Future Social Security Retirement Benefits
Replies: 24
Views: 3297

Re: Disturbing Conversation With Medicare Agent re Forfeiture of Future Social Security Retirement Benefits

Reading the link provided by the OP causes concerns indeed. It appears that some internal SSA procedures allow the SSA to deny future SS payments for someone who refuses to sign up for the Part A. It further appears that such authority is not supported by the statue. Scary stuff. I think it is prude...
by HueyLD
Wed Nov 30, 2016 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs and non-QLAC deferred annuities
Replies: 6
Views: 691

Re: RMDs and non-QLAC deferred annuities

Thanks very much. I guess the answer is that one should not devote too big a portion of IRA assets to deferred annuities, so there are other assets to distribute and with which to pay the taxes. What you need to find out before purchasing any deferred annuity with IRA money is: is there a waiver of...
by HueyLD
Mon Nov 28, 2016 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Unrealized losses in traditional IRA?
Replies: 10
Views: 662

Re: Unrealized losses in traditional IRA?

The probability for TLH in T-IRAs is virtually ZERO. First of all, the basis in all your T-IRAs is most likely ZERO because you very likely had taken tax deduction on the contributions. Even if you managed to have some nondeductible IRAs and thus have a basis, the total basis is almost always less t...
by HueyLD
Mon Nov 28, 2016 7:17 am
Forum: Personal Finance (Not Investing)
Topic: date range for short-term gains after disclaimer
Replies: 3
Views: 383

Re: date range for short-term gains after disclaimer

The sale of inherited mutual funds will result in long term capital gain (or loss) regardless of the holding period. You enter "inherited" as the purchase date and the tax software should know to put the gain (or loss) in the long term category.
by HueyLD
Sun Nov 27, 2016 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Rent paid up front
Replies: 10
Views: 1071

Re: Rent paid up front

https://www.irs.gov/taxtopics/tc414.html Rental Income Most individuals operate on a cash basis, which means they count their rental income as income when it is actually or constructively received, and deduct their expenses when they are paid. Rental income includes: Advance rent – Generally, you in...
by HueyLD
Sun Nov 27, 2016 1:28 pm
Forum: Forum Issues and Administration
Topic: Not linking properly
Replies: 1
Views: 158

Not linking properly

I clicked on the BH logo on the upper left right after reading a thread. Instead of taking me to the home page of bogleheads.org, I ended up on the forum page.

Did something happen to the BH site?
by HueyLD
Sat Nov 26, 2016 12:38 pm
Forum: Personal Consumer Issues
Topic: Costco's Auto Program: Follow-up
Replies: 15
Views: 2082

Re: Costco's Auto Program: Follow-up

"Costco and its affiliates do not sell vehicles or negotiate individual transactions. A participation fee has been paid by the participating dealers."

Look in the footnote section. https://www.costcoauto.com/enterzipcode ... fault.aspx
by HueyLD
Sat Nov 26, 2016 11:45 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software for 2016
Replies: 36
Views: 3328

Re: H&R Block Tax Software for 2016

$22.50 is a good price.
by HueyLD
Sat Nov 26, 2016 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Variable Annuities
Replies: 8
Views: 576

Re: Vanguard Variable Annuities

I am somewhat concerned with the implications of being dependent upon the credit-worthiness of the underlying insurance company. Someone correct me if I am wrong. I believe that until you actually annuitize the funds, your variable annuity funds are held separately from the insurance company assets...
by HueyLD
Sat Nov 26, 2016 11:02 am
Forum: Investing - Theory, News & General
Topic: Composition of US National Debt
Replies: 28
Views: 2774

Re: Composition of US National Debt

Explorer wrote:I looked through the link elgob included...but I can't find any composition info on how much of the debt is T-Bills, how much notes, and how much bonds.

Yes the composition info is there. You need to page down a couple of times and it is shown in two charts.
by HueyLD
Sat Nov 26, 2016 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Variable Annuities
Replies: 8
Views: 576

Re: Vanguard Variable Annuities

I want some exposure to REITs and do not have that option in my 401k. I am exploring purchasing a Vanguard REIT index fund in the form of a variable annuity (using taxable dollars). The stated total expense ratio is 0.56%. Does the 0.56% cover all expenses (outside of trading costs) or are there ot...
by HueyLD
Sat Nov 26, 2016 8:56 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software for 2016
Replies: 36
Views: 3328

Re: H&R Block Tax Software for 2016

The 10% gift card bonus is only available to the Deluxe and Premium versions. The lower versions get 5%. In addition, gift cards must be purchased in $100 increment and the overall gift card value so purchased is limited to $5k.

I long for the day when an offer does not have complicated fine print.
by HueyLD
Fri Nov 25, 2016 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Consumer credit help
Replies: 4
Views: 257

Re: Consumer credit help

by HueyLD
Fri Nov 25, 2016 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 22
Views: 3950

Re: Fidelity free Turbotax

by HueyLD
Fri Nov 25, 2016 11:55 am
Forum: Personal Consumer Issues
Topic: Black Friday - is this overdone?
Replies: 77
Views: 5819

Re: Black Friday - is this overdone?

Well, it depends on what are being offered.

My neighborhood automobile service place is offering Black Friday specials, including $14.95 for a complete oil change. That is 50% off their regular price and I happen to need an oil change for my car. And yes, I am on my way. :D
by HueyLD
Fri Nov 25, 2016 9:29 am
Forum: Personal Consumer Issues
Topic: Battery Tender Vs. Trickle Charger
Replies: 11
Views: 1099

Re: Battery Tender Vs. Trickle Charger

Good idea, DSInvestor. It is worth a shot.
by HueyLD
Thu Nov 24, 2016 10:47 pm
Forum: Personal Consumer Issues
Topic: Battery Tender Vs. Trickle Charger
Replies: 11
Views: 1099

Re: Battery Tender Vs. Trickle Charger

I should have ordered mine this morning, but eating got in the way. This product is now out of stock and the offer was for while supplies lasted. :(

Thank you all for helpful replies.
by HueyLD
Thu Nov 24, 2016 11:42 am
Forum: Personal Consumer Issues
Topic: Battery Tender Vs. Trickle Charger
Replies: 11
Views: 1099

Battery Tender Vs. Trickle Charger

Costco has a battery tender 3.0 AMP on sale for $29.99 and the reviews are excellent. I also saw battery trickle chargers at other places.

Some online comments indicate that a battery tender doesn't have some harmful side effect of a trickle charger.

What harmful side effect? I am at a loss here.
by HueyLD
Thu Nov 24, 2016 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Personal Advisory Services
Replies: 6
Views: 971

Re: Vanguard Personal Advisory Services

Why turn it over now? Is there an imminent or expected event that requires it? If not, I would make a written suggestion that Vanguard PAS be used to manage investments going forward if anything unfortunate were to occur. That sounds good in theory, but may not work well in practice. A written sugg...
by HueyLD
Wed Nov 23, 2016 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 22
Views: 3950

Re: Fidelity free Turbotax

nalor511 wrote:Used to be free from vanguard with a high dollar account but I think that's over. Does fidelity require a certain balance for this?

Click on the link above. The answer is: it depends.
by HueyLD
Wed Nov 23, 2016 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 22
Views: 3950

Re: Fidelity free Turbotax

Give it another month.

See this thread from Dec. 2015 viewtopic.php?t=180677
by HueyLD
Mon Nov 21, 2016 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Synchrony vs Ally
Replies: 37
Views: 3207

Re: Synchrony vs Ally

Both are good. Synchrony ACH withdrawals take 3 business days while Ally tries for next day and at the very least it's 2 business days. Effective 12/3/2016, ACH transfers between your Ally and non-Ally accounts will be completed in ONE business day unless you have a history of overdrafts. I like th...
by HueyLD
Mon Nov 21, 2016 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony vs Ally
Replies: 37
Views: 3207

Re: Synchrony vs Ally

HueyLD wrote:
kaneohe wrote:Synchrony has at least limited telephone access..........for balances, transactions. Ally doesn't allow that....they say.....tho I recently accidentally discovered a way around that.

And the way around that is??

I guess by calling Ally's 24x7 customer service number and talk to a human being?
by HueyLD
Mon Nov 21, 2016 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Synchrony vs Ally
Replies: 37
Views: 3207

Re: Synchrony vs Ally

kaneohe wrote:Synchrony has at least limited telephone access..........for balances, transactions. Ally doesn't allow that....they say.....tho I recently accidentally discovered a way around that.

And the way around that is??
by HueyLD
Sun Nov 20, 2016 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Wealth advisory services
Replies: 68
Views: 4265

Re: Wealth advisory services

Candidly, the biggest advantage I can see to BCA is the "family communication" piece. I want my wife to be engaged with the money. She complains that I am a control freak, which I am. I manage the investment accounts, I reconcile the bank accounts, etc. As a result, she feels that our fam...
by HueyLD
Sat Nov 19, 2016 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Early retire considering Self-Insurance for healthcare
Replies: 83
Views: 5900

Re: Early retire considering Self-Insurance for healthcare

Mhalley,

Have you worked with an independent insurance agent?
by HueyLD
Sat Nov 19, 2016 1:34 pm
Forum: Local Chapters and Bogleheads Community
Topic: Valuethinker has surpassed 30,000 posts
Replies: 39
Views: 3114

Re: Valuethinker has surpassed 30,000 posts

Livesoft has 49,644 posts as of this writing. I guess his 50k landmark is coming soon. :)
by HueyLD
Sat Nov 19, 2016 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Jack Bogle says Fidelity will be sold in 5 years...
Replies: 25
Views: 4126

Re: Jack Bogle says Fidelity will be sold in 5 years...

With all due respect to my hero Jack, he is certainly not an impartial person when it comes to Fideliy. He probably has some insight that we don't have, but mergers and acquisitions happen regularly in a free society and we all should know how to adapt to changes. And Fidelity customers will vote wi...
by HueyLD
Fri Nov 18, 2016 6:00 pm
Forum: Personal Consumer Issues
Topic: Honda Cars
Replies: 96
Views: 7869

Re: Honda Cars

I asked my mechanics what cars he and his family owned.

The answer: only Toyotas and Hondas.
by HueyLD
Fri Nov 18, 2016 3:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: Valuethinker has surpassed 30,000 posts
Replies: 39
Views: 3114

Re: Valuethinker has surpassed 30,000 posts

cinghiale wrote:If not the forum's most impressive contributor both in terms of quantity and quality, certainly right there in the pantheon of the Bogleheads forum. And, ever the gentleman.

+100!
by HueyLD
Fri Nov 18, 2016 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants by the Entirety - Retitling Issues
Replies: 8
Views: 742

Re: Tenants by the Entirety - Retitling Issues

You can have a TBE brokerage also.
by HueyLD
Fri Nov 18, 2016 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Help me to understand part-year resident state tax obligation
Replies: 34
Views: 2064

Re: Help me to understand part-year resident state tax obligation

AAA,

Can you name the states involved? You may get additional help if you can provide the info.
by HueyLD
Fri Nov 18, 2016 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Cannot get myself to spend my savings
Replies: 75
Views: 8013

Re: Cannot get myself to spend my savings

Finally I spent more money than I had on all of our previous trips combined on a Viking Rhine River Cruise for my wife and myself because it was supposed to be all inclusive with everything planned for you (both of these statements are untrue). I was disappointed and my wife hated every minute of i...
by HueyLD
Thu Nov 17, 2016 1:25 pm
Forum: Personal Consumer Issues
Topic: Help me figure out the running cost of having winter tires
Replies: 42
Views: 2435

Re: Help me figure out the running cost of having winter tires

Can you get by with all season tires for all four seasons?
by HueyLD
Thu Nov 17, 2016 12:55 pm
Forum: Personal Consumer Issues
Topic: Snail Mail Address / IRS / SS question
Replies: 8
Views: 755

Re: Snail Mail Address / IRS / SS question

O.k., it is the annual statement, not an annual "notification." As long as you are not currently receiving benefits, you do not have to notify the SSA of address changes. As to the IRS, your annual tax filing serves as a notification of address changes if applicable. You want to notify the...
by HueyLD
Thu Nov 17, 2016 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Early retire considering Self-Insurance for healthcare
Replies: 83
Views: 5900

Re: Early retire considering Self-Insurance for healthcare

isn't assuming the continuation of the current version of Obamacare a risk itself? Yes, very risky. I have no idea how a portion of the ACA can be retained as I have read in the press. I think the ACA needs to be fixed to close the loopholes. Too many people are gaming the system by signing up only...
by HueyLD
Thu Nov 17, 2016 11:02 am
Forum: Personal Consumer Issues
Topic: Snail Mail Address / IRS / SS question
Replies: 8
Views: 755

Re: Snail Mail Address / IRS / SS question

But, I annually get a notification by Social Security asking me to verify how much I have earned towards SS. It looks like I would have to open up an online account with SS to change my address and I'd rather not do that that at this point unless I have to. I'm thinking SS is notified by the IRS sy...
by HueyLD
Thu Nov 17, 2016 7:29 am
Forum: Personal Finance (Not Investing)
Topic: HSA California: Has it been ruled on that deposits and capital gains are taxed immediately
Replies: 5
Views: 772

Re: HSA California: Has it been ruled on that deposits and capital gains are taxed immediately

How about Line 13 column B of Schedule CA (540)?

How do you harvest tax losses if you don't report capital gains?

Here is an interpretation from a TT forum https://ttlc.intuit.com/questions/27570 ... california
by HueyLD
Thu Nov 17, 2016 6:01 am
Forum: Investing - Theory, News & General
Topic: NCUA insurance limits on credit union accounts
Replies: 14
Views: 983

Re: NCUA insurance limits on credit union accounts

I don't think a RLT can own IRA accounts. Also, I was think about irrevocable trust when I posted that each account was insured for up to $250k because it usually is according to the FDIC site. https://www.fdic.gov/deposit/covered/trust.html And according to the same site, each revocable account (fo...
by HueyLD
Wed Nov 16, 2016 4:34 pm
Forum: Investing - Theory, News & General
Topic: NCUA insurance limits on credit union accounts
Replies: 14
Views: 983

Re: NCUA insurance limits on credit union accounts

ITF = in trust for.

RLT = revocable living trust.
by HueyLD
Wed Nov 16, 2016 12:30 pm
Forum: Investing - Theory, News & General
Topic: NCUA insurance limits on credit union accounts
Replies: 14
Views: 983

Re: NCUA insurance limits on credit union accounts

An individual account with POD or ITF is a trust account for bank/CU deposits and you can increase the insurance limit by having beneficiaries.

However, if the owner is a RLT then beneficiaries will not increase the insurance limit.
by HueyLD
Wed Nov 16, 2016 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants by the Entirety - Retitling Issues
Replies: 8
Views: 742

Re: Tenants by the Entirety - Retitling Issues

I think it depends on the brokerage.

Vanguard will likely require you to open a new account and Fidelity may allow you to keep the same account number provided that the tax ID remains unchanged and the names of joint owners also remain the same.

Call the brokerage may be the best way.

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