Search found 460 matches

by N1CKV
Fri Feb 05, 2016 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need to hire someone to do my taxes?
Replies: 6
Views: 473

Re: Do I need to hire someone to do my taxes?

You are receiving taxable compensation in the form of company stock?
Or is this in a retirement account? (in which a wash sale doesn't really matter)
by N1CKV
Fri Feb 05, 2016 4:05 pm
Forum: Personal Consumer Issues
Topic: out of network charge
Replies: 7
Views: 317

Re: out of network charge

although "emergency" is not defined in the paperwork I read I know my insurance does state that it will treat out of network charges as if they were in network for emergency situations. It's worth a shot. If that goes no where at least ask your insurance for some assistance in establishing...
by N1CKV
Thu Feb 04, 2016 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Filing taxes for free in 2016
Replies: 18
Views: 903

Re: Filing taxes for free in 2016

FreeTaxUSA.com is who I used. It handled my return fine. I had already done it all by hand (I built a spreadsheet and knew where I would be in January except for harvested long term capital gains and some interest earned) and it agreed with my figures.
by N1CKV
Thu Feb 04, 2016 9:34 am
Forum: Personal Finance (Not Investing)
Topic: 45% of Income On Rent
Replies: 39
Views: 2474

Re: 45% of Income On Rent

What happened to the roommate? If they are on the lease then they need to pony up their share or take them to small claims court. If they are not on the lease and you signed alone then shame on you for not getting a separate contract between you, be thankful that you can afford it. If you want to st...
by N1CKV
Wed Feb 03, 2016 2:01 pm
Forum: Personal Consumer Issues
Topic: wife needs phone. Android, iPhone or Windows phone?
Replies: 49
Views: 2984

Re: wife needs phone. Android, iPhone or Windows phone?

I am a fan of Android. I think it would work fine for your wife. I use the Outlook app for my work email on my Nexus 5X (no native email app) and it works fine. For my personal email I use GMail and the associated app. I have also used a Samsung phone and the native email app handled Outlook based m...
by N1CKV
Wed Feb 03, 2016 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Do Tax Return or not for college graduate ?
Replies: 18
Views: 1211

Re: Do Tax Return or not for college graduate ?

My ex has ONE of her W-2 forms, while daughter has the Other. Ex will not give daughter the W-2 form for fear that she (ex) will have her taxes "messed up" So your ex stole your daughter's mail? That's a Federal crime. Your daughter's income has nothing to do with your ex. The only thing ...
by N1CKV
Mon Feb 01, 2016 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Mint...working less, and less, and less
Replies: 33
Views: 4399

Re: Mint...working less, and less, and less

You've given all your passwords to a site that isn't functioning reliably in all its aspects. For sure, the part that polls your accounts isn't working right. Maybe the part that keeps your passwords secure still is. But you don't have any way to be sure. And they have your passwords now, the horse...
by N1CKV
Fri Jan 29, 2016 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you start maxing out your retirement contributions?
Replies: 63
Views: 4313

Re: What age did you start maxing out your retirement contributions?

I'm not there yet at 36. No point when I'm still able to fly below the top of the 15% marginal bracket and I have a pension.
by N1CKV
Thu Jan 28, 2016 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes - Am I Covered by a Retirement Plan at Work?
Replies: 17
Views: 1031

Re: Taxes - Am I Covered by a Retirement Plan at Work?

Do you have even one low-ER index fund available? Unless you will be at the same company about 30 years and ERs are 2%, it may make sense to hold your nose and contribute to defer current taxes. Most are around 1%, so I guess it's not terrible in the 401k world. We are moving from the 25% to 15% br...
by N1CKV
Wed Jan 27, 2016 3:18 pm
Forum: Personal Consumer Issues
Topic: Gmail Spam Explosion
Replies: 22
Views: 2061

Re: Gmail Spam Explosion

How would you think that "something happened at Google"? As long as the spam lands in your spam folder, they are doing their job. They can't control what email gets sent to you and you definitely don't want them automatically deleting stuff that may be important. I haven't used another ema...
by N1CKV
Mon Jan 25, 2016 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Giving away a house, sort of
Replies: 4
Views: 575

Re: Giving away a house, sort of

I am assuming you are proposing giving her the house house with condition of removing it from the real property? What is the approximate value of the house (w/o land)? Is there a possible gift tax liability? If so you may have to/ might benefit from passing this donation/ gift through a charitable o...
by N1CKV
Fri Jan 15, 2016 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: What's your company 401k contribution
Replies: 105
Views: 4623

Re: What's your company 401k contribution

My employer contributes 26.6% of my total gross salary for 2016 to my pension plan, I contribute the mandated 9.5%
There is no match in my 4XX retirement plan.
by N1CKV
Fri Jan 15, 2016 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for obtaining first credit card and good credit as fast as possible?
Replies: 14
Views: 447

Re: Advice for obtaining first credit card and good credit as fast as possible?

OP: You are ignoring the best advice given, which was the first response from Prudent. If there is something negative on your credit report you might not be able to do any of what people are suggesting. It's also a completely free process vs. wasting time and savings dealing with a secured if you do...
by N1CKV
Fri Jan 15, 2016 10:53 am
Forum: Personal Finance (Not Investing)
Topic: 29 and quitting job for long honeymoon. Is it a bad idea? Talk me out of it
Replies: 70
Views: 5796

Re: 29 and quitting job for long honeymoon. Is it a bad idea? Talk me out of it

I'm a very conservative person, but if I were in your position and had a passion for doing those types of things I would certainly do it. I would go about it slightly different though. I would start interviewing for other jobs, but if nothing materializes in time talk to your current employer about ...
by N1CKV
Fri Jan 15, 2016 10:44 am
Forum: Personal Finance (Not Investing)
Topic: How do I start budgeting?
Replies: 28
Views: 2082

Re: How do I start budgeting?

I had a $400 car repair this week. It didn't impact my budget since I don't have one. For people that do budget, how would this modest unexpected expense affect your budgeting effort? By using a rollover budget. In Mint you can allow any unused (or overspent/negative) budget to rollover to the foll...
by N1CKV
Fri Jan 15, 2016 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Help - want to pay "cash" for a car
Replies: 68
Views: 3586

Re: Help - want to pay "cash" for a car

As far as the insurance issue mentioned above, in MY STATE (it varies) if you have a policy it automatically covers any new vehicle you acquire for up to 30 days with the same coverage as your other highest level insured vehicle. Your old insurance card is just fine. It also varies by dealer policy...
by N1CKV
Fri Jan 15, 2016 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Tax Strategy
Replies: 33
Views: 3466

Re: Tax Strategy

I would wait until you get your W-2 before panicking of thinking of seeing someone to do your taxes. You're probably looking at something wrong as far as total income vs. federally taxable income. Wait until you have all the facts. :happy I agree I am going to wait. But, my 2014 W2 says you have no...
by N1CKV
Fri Jan 15, 2016 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Help - want to pay "cash" for a car
Replies: 68
Views: 3586

Re: Help - want to pay "cash" for a car

Dealer had no issue taking check(s) from me when I bought a used truck back when I was in college (around the year 2000). I gave a trade in. I had to go home and get my checkbook and another check from my brother who owed me a couple thousand bucks. I handed them my brother's check and my check to p...
by N1CKV
Thu Jan 14, 2016 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Max Roth or diversify by opening another in wifes name
Replies: 7
Views: 483

Re: Max Roth or diversify by opening another in wifes name

If your wife does not yet have a Roth IRA then I would consider starting one for her; that starts the 5 year clock, and provides more Roth space if you ever find yourself with extra funds in the future. "5 year clock" is not applicable in this scenario - the time period only applies to ro...
by N1CKV
Wed Jan 13, 2016 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA versus 529
Replies: 33
Views: 1276

Re: Roth IRA versus 529

There is a societal obligation that parents should provide a significant amount of financial assistance for their child's college education ... There is? An awful lot of people missed that memo. Ditto, my parents and my wife's parent's included. Same here. I have mentioned on this site many times t...
by N1CKV
Wed Jan 13, 2016 1:19 pm
Forum: Personal Consumer Issues
Topic: Transporting a car out of state
Replies: 22
Views: 1168

Re: Transporting a car out of state

htdrag11 wrote:As I said earlier, "blood is thicker than water". I'm just trying to keep peace in my own family.

Can you just ship the wife off? Sell it to her as an opportunity to see her daughter and brother! :mrgreen:
by N1CKV
Wed Jan 13, 2016 1:15 pm
Forum: Personal Consumer Issues
Topic: Are Online/Distance Graduate Degrees Respected?
Replies: 28
Views: 2534

Re: Are Online/Distance Graduate Degrees Respected?

Where I am an online degree will get you through the HR screening process, but the hiring manager will not consider you for an interview.
by N1CKV
Wed Jan 13, 2016 9:51 am
Forum: Personal Finance (Not Investing)
Topic: How do I start budgeting?
Replies: 28
Views: 2082

Re: How do I start budgeting?

I am a fan of Mint.com Their services are free (ad supported). You sign up, add your various financial accounts and they download your transactions. They attempt to auto categorize them, but double check that. At that point it will attempt to set an automatic budget based on spending history. Go to ...
by N1CKV
Tue Jan 12, 2016 9:32 am
Forum: Personal Consumer Issues
Topic: Oil Changes turns into a disaster. What to do?
Replies: 62
Views: 6686

Re: Oil Changes turns into a disaster. What to do?

I worked for Jiffy Lube for a short stint as an Assistant Manager right after college. The below information and advice is spot on. Millions and millions of oil changes are done at quick type places each year with no problems. Let's not get all dramatic, the sides of roads are not covered with cars ...
by N1CKV
Tue Jan 12, 2016 9:14 am
Forum: Personal Consumer Issues
Topic: Transporting a car out of state
Replies: 22
Views: 1168

Re: Transporting a car out of state

[Flying could be an option for $104 plus tax but that would be a great challenge to him (flew 2x in his life and English is his 2nd language). Can your daughter drive the car to him, then fly back? That would solve problems with BIL and he won't be driving the vehicle with her plates or before the ...
by N1CKV
Mon Jan 11, 2016 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct 2015
Replies: 34
Views: 3479

Re: TAX ACT 2015

Am I missing something here? I've never paid to use Tax Act before, and I'm over the free file income limit. I always e-file the federal for free (1040, itemized, schedule C) and use my state's web site to file the state return (but Tax Act lets you prepare the state for free, just no filing). The ...
by N1CKV
Mon Jan 11, 2016 4:54 pm
Forum: Personal Consumer Issues
Topic: Help selecting a new air-conditioning system
Replies: 8
Views: 777

Re: Help selecting a new air-conditioning system

I wouldn't buy a Lennox, if I wanted a premium system I would buy a Ruud / Rheem. If I were not concerned with name brand I would buy one of the many Nordyne branded units (Fridgidaire, Miller, etc.) I would replace both the condensing unit and the air handler (furnace) at the same time.
by N1CKV
Mon Jan 11, 2016 9:18 am
Forum: Personal Finance (Not Investing)
Topic: How to max out retirement accounts with 120K income?
Replies: 40
Views: 5279

Re: How to max out retirement accounts with 120K income?

(chances are the 457 has high fees and funds with high expense ratios). The same can be said for a lot of 401k plans. In any case, assuming fees and ER of fund options aren't too different, I'd prioritize government 457 over 401k since 457 is deferred compensation and is not subject to the 10% earl...
by N1CKV
Thu Jan 07, 2016 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: How to max out retirement accounts with 120K income?
Replies: 40
Views: 5279

Re: How to max out retirement accounts with 120K income?

You don't need to make maximum contributions to all retirement plans available. For starters, you have two extra retirement plans available that most people don't have (Pension + 457b). Personally: 1. Pension contribution. I don't have a choice in that. 2. Make a maximum contribution to IRAs 3. Wife...
by N1CKV
Wed Jan 06, 2016 12:19 pm
Forum: Personal Consumer Issues
Topic: What to do with my Audi A3 TDI
Replies: 54
Views: 3506

Re: What to do with my Audi A3 TDI

Myself, I'm waiting for the stop sale order to end so I can "help" a dealer "clear inventory". :twisted: I agree! I have wanted a TDI powered vehicle for quite a long time, the fools that are looking to dump them have me salivating at the possibility of getting one on the cheap.
by N1CKV
Wed Jan 06, 2016 12:02 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 95
Views: 6189

Re: Netflix, Your Current Favorite Show

We binge watched Breaking Bad and now we are watching Lost. It's a great way to catch up on a series that you never had a chance to watch previously, especially when your other favorite current show is on a hiatus.
by N1CKV
Wed Jan 06, 2016 8:57 am
Forum: Personal Finance (Not Investing)
Topic: If all space heaters = 1500w max, then buy the cheapest one?
Replies: 25
Views: 2087

Re: If all space heaters = 1500w max, then buy the cheapest one?

all the space heaters i;ve seen says 1500w. 1500w /120v = 12.5amps most home wiring = 15amps so that makes sense. so if all space heaters use the same power, then just buy the cheapest one? Home wiring should be 15 amps for lighting circuits and 20 amps for wall sockets. Last time I looked (recentl...
by N1CKV
Wed Jan 06, 2016 8:40 am
Forum: Personal Consumer Issues
Topic: How is Costco's gas so cheap? (15% cheaper in my area)
Replies: 59
Views: 4980

Re: How is Costco's gas so cheap? (15% cheaper in my area)

Not only is their price on gas good, but they use high quality gas. They don't state who their gas supplier is, but they have a sign that states it's a top tier gas supplier. "Top tier" is not just a way of saying good gas, it's an actual term for a gas certification. You can see more her...
by N1CKV
Tue Jan 05, 2016 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Savings % Target 2016?
Replies: 168
Views: 8766

Re: Savings % Target 2016?

I don't have a specific goal in place, I shoot for "as much as possible". Last year I hit 47% of gross. Some mentions were made of employer contribution, if I included that it would be ridiculously high. The reason I have such a high savings rate is part of my stage in life. I have a lower...
by N1CKV
Mon Jan 04, 2016 3:23 pm
Forum: Personal Consumer Issues
Topic: How do you have fun?
Replies: 73
Views: 5158

Re: How do you have fun?

Deer Hunting and fishing is the base for the majority of my activities. Deer hunting provides year round fun. It starts with prepping food plots (tractor time!), repairing and assembling feeders, filling feeders and repairing stands. Then open season rolls in and it's the actual hunt. Hiking, pursui...
by N1CKV
Mon Jan 04, 2016 2:59 pm
Forum: Personal Consumer Issues
Topic: No to Betterment advisory fee, but yes to...?
Replies: 28
Views: 1944

Re: No to Betterment advisory fee, but yes to...?

for example car washes I do this myself maid service I have a wife for this lawn maintenance I do this myself tax returns I do this myself food preparation I do this myself, often more healthy and better tasting personal training What exactly are you training for? I don't do gyms, never have. I ref...
by N1CKV
Thu Dec 31, 2015 2:16 pm
Forum: Personal Consumer Issues
Topic: How to clean a Karastan rug
Replies: 17
Views: 1366

Re: How to clean a Karastan rug

Church Lady wrote:Hi Sidney, most people would tell you not to put more into repairing a car than it is worth. Maybe carpets are the same way.

Then with that logic, why did you buy a rug that was overpriced? If it was given to you for free, would it be worthless?
by N1CKV
Thu Dec 31, 2015 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Role of CPA
Replies: 25
Views: 1834

Re: Role of CPA

I am answering as a person with an Accounting Degree. I am not a tax professional. I am a Financial Analyst by trade. Am I wrong to think that it'd be useful to have someone more involved? For example, projecting what my tax burden is likely to be next year and suggesting I make some donations or so...
by N1CKV
Wed Dec 30, 2015 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Capital Loss Carryover and Marriage
Replies: 11
Views: 556

Re: Capital Loss Carryover and Marriage

Why not file a joint return? If you want to keep your separate finances then calculate how much your $3,000 loss was worth to the joint return as opposed to not, then break that out when you split the remainder. The only reason I could see not to do this is if you don't want your spouse to know abou...
by N1CKV
Tue Dec 29, 2015 2:11 pm
Forum: Personal Consumer Issues
Topic: Price to replace the catalytic converters in a Toyota Highlander
Replies: 50
Views: 2758

Re: Price to replace the catalytic converters in a Toyota Highlander

First, if this came on suddenly I would look a little closer. It's possible if the vehicle sat that the vehicle just needs to get through some heat cycles to clear out the sensors.

If the problem persists don't use a dealer for this type of work. Go to a muffler shop and get a quote.
by N1CKV
Thu Dec 24, 2015 1:00 pm
Forum: Personal Consumer Issues
Topic: [Interested in driving,] Any Uber drivers here?
Replies: 32
Views: 3391

Re: Any Uber drivers here?

I wouldn't mind being a driver, but I don't think my vehicle would allow me to be profitable. On the other hand, if they would get something going nationwide like an Uber for trucks... I could probably make a decent amount moving stuff around for people that need to move big things. There is basical...
by N1CKV
Thu Dec 24, 2015 11:25 am
Forum: Personal Consumer Issues
Topic: Christmas goose?
Replies: 23
Views: 2052

Re: Christmas goose?

I wouldn't even know where to procure a goose from a store... I have had a friend who participated in a goose "conservation hunt" in an agricultural field. This basically means a no limit, blast away as many as you can goose shoot (in the name of conservation, it's about controlling the cr...
by N1CKV
Thu Dec 24, 2015 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Private (Intrafamily) Mortgage
Replies: 11
Views: 939

Re: Private (Intrafamily) Mortgage

My grandfather passed away in October after a long illness. Following advice from a real estate attorney, in July 2014 after my grandma passed, he added my uncle to the deed for his home for $1. This was a mistake. Your uncle is no longer eligible for a step-up in basis. Not relevant. Uncle has had...
by N1CKV
Thu Dec 24, 2015 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Capital Gains Harvesting
Replies: 9
Views: 859

Re: Capital Gains Harvesting

Are you filing single and not a dependent on anyone else?
If so your calculation should also deduct the standard deduction + personal exemption = 10,300
If you are also using payroll deducted health, vision and/or dental you can deduct those premiums also.
by N1CKV
Wed Dec 23, 2015 8:58 am
Forum: Personal Finance (Not Investing)
Topic: "business" checking account needed?
Replies: 8
Views: 689

Re: "business" checking account needed?

Check with your local banks. I have a local bank that is actually business friendly as opposed to hostile like others. In fact, my business checking has no minimum deposit, has no transaction limitations and no monthly fees. On top of all of that they allow me up to several personal checking account...
by N1CKV
Thu Dec 17, 2015 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Schedule C - How to report income and expenses
Replies: 25
Views: 1167

Re: Schedule C - How to report income and expenses

Constructive receipt. Income is constructively received when an amount is credited to your account or made available to you without restriction. You need not have possession of it. If you authorize someone to be your agent and receive income for you, you are considered to have received it when your...
by N1CKV
Thu Dec 17, 2015 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: W4 Allowance question
Replies: 10
Views: 672

Re: W4 Allowance question

What does she claim as of right now?

The easiest thing to do would be to calculate how much you want coming out of her check, then contact Human Resources Payroll person and ask them "if I fill out my W4 like XX, what comes out?". Then keep doing it until you get close to your target.
by N1CKV
Wed Dec 16, 2015 9:39 am
Forum: Personal Consumer Issues
Topic: How long do used cars typically last?
Replies: 53
Views: 3795

Re: How long do used cars typically last?

You might do better to get out of the mindset that the Japanese cars are better than everything else. The premium they demand just isn't worth it. American makes are a lot more reliable than some would have you believe. I know plenty of vehicles made by GM and Ford that will go an easy 250,000 miles...
by N1CKV
Fri Dec 04, 2015 4:46 pm
Forum: Personal Consumer Issues
Topic: Please recommend company for true Canadian goose down comforter.
Replies: 11
Views: 1608

Re: Please recommend company for true Canadian goose down comforter.

It does not exist.
There is no "Canadian goose".
There does exist a species called Canada Goose, multiples of which are a Canada Geese.

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