Search found 498 matches

by RudyS
Sun Apr 23, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: A Little History [from old bank statements]
Replies: 13
Views: 1390

Re: A Little History [from old bank statements]

It was another "bubble." At that time, many folks were buying silver (pre-1964) coins. I think maybe 13X face.
by RudyS
Sun Apr 23, 2017 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: LLC taxes- discrepancy between Tax preparer instructions and official government form
Replies: 7
Views: 263

Re: LLC taxes- discrepancy between Tax preparer instructions and official government form

Form 8879 is not filed with the IRS. The preparer keeps it. It authorizes e-filing. That part I'm sure of based on my TaxAide experience. On the other question, I never heard of an April 30 deadline for anything.
by RudyS
Sun Apr 23, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: how much house can we afford? Boston area.
Replies: 21
Views: 904

Re: how much house can we afford? Boston area.

Our kids live in MetroWest area. They had to look further and further out to find a house they could afford. There is a good commuter rail system, so look at towns that are served by it.
by RudyS
Sun Apr 23, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Is this tax deductable?
Replies: 12
Views: 371

Re: Is this tax deductable?

1. Always a problem telling humor from sarcasm when not face to face.
2. Biggest issue, already mentioned, is that the organization must be a 501(C)3. Even then, gifts must be to the organization, not individuals.
by RudyS
Sun Apr 23, 2017 1:41 pm
Forum: Personal Consumer Issues
Topic: Issue With Real Estate Agent (Seller)
Replies: 34
Views: 2133

Re: Issue With Real Estate Agent (Seller)

My theory is that for a modest priced house, it is better to have a lower price than to sink money into carpeting, kitchen remodel, bath remodel, etc. Buyer can put in what he/she prefers. As a buyer I hated it when the prospective seller put in new dark counter tops and we wanted light, etc.,etc. A...
by RudyS
Sat Apr 22, 2017 9:35 pm
Forum: Personal Consumer Issues
Topic: National Parks in Northern CA
Replies: 29
Views: 1314

Re: National Parks in Northern CA

Yosemite is our most favorite vacation spot. But it is really just about too late to find accommodations anywhere near, although airbnb might work. Although some of the other thoughts posted above. Four days is almost too few days. A day to go see Glacier Point, a day to go up to Tioga Pass, 2 days ...
by RudyS
Fri Apr 21, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: What to do with books
Replies: 16
Views: 934

Re: What to do with books

I recommend donating. Many libraries run "used book sales" with donated books as well as their own discards. Local AAUW chapter runs sales to benefit scholarship for women. If you have anything you feel might be valuable or a classic, check the "sold" listings on eBay to estimate...
by RudyS
Fri Apr 21, 2017 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard "Personal Performance"; those with accounts >10 years
Replies: 6
Views: 665

Re: Vanguard "Personal Performance"; those with accounts >10 years

Same for me. But it's only my "recent" investment strategy that really matters to me - so I can compare with just total market, or whatever.
by RudyS
Thu Apr 20, 2017 9:34 pm
Forum: Personal Consumer Issues
Topic: Waterproof/resistant recycling bag - does it exist?
Replies: 4
Views: 444

Re: Waterproof/resistant recycling bag - does it exist?

This may be a bit far out: take the paper grocery bags, spray the bottom of the inside with silicone waterproofing stuff for shoes/camping. Don't know if it will work, or cost effectiveness, but why not try?
by RudyS
Thu Apr 20, 2017 8:44 pm
Forum: Personal Consumer Issues
Topic: Waterproof/resistant recycling bag - does it exist?
Replies: 4
Views: 444

Re: Waterproof/resistant recycling bag - does it exist?

You intend to buy these bags, then discard them into the recycling bin when full? Why not just drain the liquid out of the bottles/cans, quick rinse, then put them into a paper grocery store bag that should be recyclable? Ought to be waterproof enough. My daughter does that; bags sit for a week or t...
by RudyS
Thu Apr 20, 2017 8:27 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodby."
Replies: 297
Views: 26312

Re: Larry Swedroe says "Goodby."

Thank you Larry for your willingness to be helpful to the rest of us.
by RudyS
Thu Apr 20, 2017 3:22 pm
Forum: Investing - Help with Personal Investments
Topic: Seven corrections on Vanguard tax information statements
Replies: 2
Views: 499

Re: Seven corrections on Vanguard tax information statements

You still have to work through it all to find the changes. Not so easy on the computer. But the real problem is the corrections themselves. I did my taxes, had TT import, then after filing got another correction negating the first correction. Trivial issue with non-covered security (maybe $10 effect...
by RudyS
Wed Apr 19, 2017 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Transfer on Death question
Replies: 22
Views: 2564

Re: Transfer on Death question

I recently went through probate with two different estates. The applicable state law was very clear in that anything that had a beneficiary listed and therefore did not go through probate did not need to be used to pay debts. The example that was used was a person with 1 million in an IRA and anoth...
by RudyS
Wed Apr 19, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Why never speak badly about boss? [Need Bogleheads' wisdom]
Replies: 96
Views: 8249

Re: Why never speak badly about boss? [Need Bogleheads' wisdom]

I retired 15 years ago, after a great 35 year career at megacorp. I had great bosses, mediocre bosses, a couple of poor ones, and one who was a complete disaster. That was the time I started to think about alternatives. The saying "this too shall pass" has some validity. BUT, I never compl...
by RudyS
Wed Apr 19, 2017 7:15 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity ethics moving to Vanguard
Replies: 35
Views: 3738

Re: Fidelity ethics moving to Vanguard

backpacker wrote:
Fidelity ethics moving to Vanguard


Am I the only one who read this as saying that the bad ethics of Fidelity have now moved to Vanguard? :D


You aren't. But I stopped giving grammar/syntax lessons here. No one pays me for those! I just give financial advice - worth twice what you pay for it!
by RudyS
Tue Apr 18, 2017 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Scratched bumper cost to repair
Replies: 17
Views: 1198

Re: Scratched bumper cost to repair

toothpaste is sometimes abrasive enough. Depends on the force involved - how well embedded is the paint, etc. But worth trying!
by RudyS
Tue Apr 18, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of stuff would you never DIY, assuming you could?
Replies: 75
Views: 5455

Re: What kind of stuff would you never DIY, assuming you could?

Cutting the lawn. Don't enjoy it, takes time, and is cheap to have someone else do. Other than that, if I'm competent, I'll do it. I, too, don't get your logic regarding the tires. You would rather get into a completely avoidable accident caused by an incompetent than avoiding the accident complete...
by RudyS
Tue Apr 18, 2017 9:37 am
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 1705

Re: $10 withdrawal by the IRS?

Hi folks. The IRS withdrew $10 from our checking account today (tax day; I don't think that's a coincidence). I have no idea why this was done. We received a large refund this year, around $10K, which was paid a week or two ago. Anybody have a guess as to what this is about? Thanks. My 1st guess wo...
by RudyS
Mon Apr 17, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: Anyone have sod installed?
Replies: 16
Views: 1567

Re: Anyone have sod installed?

This will be very location-dependent, especially type of grass. You might give a hint as to location. You could also check with your State Extension service - probably has web site - for recommendations on suitable types of grass. Sort of a second opinion (or first?) relative to whatever vendors you...
by RudyS
Mon Apr 17, 2017 8:41 am
Forum: Personal Finance (Not Investing)
Topic: How Easy is an Obamacare Tax Penalty Exemption?
Replies: 18
Views: 924

Re: How Easy is an Obamacare Tax Penalty Exemption?

Once you have the exemption, you report it on your tax return. I would wager that somewhere in the process the IRS takes a look at your income/resources. So even if you have the exemption from the marketplace, you aren't out of the woods yet.
by RudyS
Sun Apr 16, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me enter 1099-Q in TurboTax
Replies: 16
Views: 756

Re: Please help me enter 1099-Q in TurboTax

Following is from Forbes article; for last few years this is exactly what I have done when I was using H&R tax software. ======================== Mistake #1: Believing that the 1099-Q amounts must be reported somewhere on your tax return. If none of your withdrawals are taxable—more on that det...
by RudyS
Sat Apr 15, 2017 8:59 am
Forum: Personal Consumer Issues
Topic: What do you do with your coins?
Replies: 76
Views: 3890

Re: What do you do with your coins?

Earlier this year there was a story of a man who paid his DMV bill in pennies. He used five wheelbarrows to transport nearly 300,000 pennies to the DMV office to pay sales tax on two SUVs he purchased earlier. The weight of all the pennies was 1,600 pounds. Thought I read Vanguard gives a $50 bonus...
by RudyS
Fri Apr 14, 2017 8:52 pm
Forum: Personal Consumer Issues
Topic: What do you do with your coins?
Replies: 76
Views: 3890

Re: What do you do with your coins?

Our credit union has a counting machine, no charge to members, you get a slip that you deposit to your account.

Also - keep your eyes open at fast food counters and the like. Often find collection containers for charities like Ronald McDonald house, etc. Also the tip jars at Starbucks, etc.
by RudyS
Fri Apr 14, 2017 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Different tax preparers give different estimates
Replies: 3
Views: 626

Re: Different tax preparers give different estimates

Look into the TurboTax accuracy guarantee. This should (ought to) (might) apply if you can input all the relevant facts accurately.

https://ttlc.intuit.com/questions/25662 ... -guarantee
by RudyS
Fri Apr 14, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: any tax benefit on paying parents for child care?
Replies: 5
Views: 381

Re: any tax benefit on paying parents for child care?

If the purpose is to allow you to work, there is a dependent care credit. But your parents will need to report this income and pay taxes on it. Whose bracket is higher? You can look into IRS Publication 17 for a detailed discussion about this and other tax info.
by RudyS
Tue Apr 11, 2017 4:36 pm
Forum: Personal Consumer Issues
Topic: providing wire information
Replies: 10
Views: 381

Re: providing wire information

The safest thing for YOU seems to be Western Union transfer or an equivalent. Would they trust that? This seems to be the inverse of "usual" transaction issues.
by RudyS
Sun Apr 09, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: How do I know if I am filing my taxes correctly?
Replies: 39
Views: 2704

Re: How do I know if I am filing my taxes correctly?

I don't know about "paid preparers." But consider "free" preparers - like AARP TaxAide and VITA. These programs have IRS sponsorship, the preparers are trained, and pass a qualification exam. Additionally, each return is quality reviewed by a second trained counselor. The scope o...
by RudyS
Tue Apr 04, 2017 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Some Credit Cards Make You Spend More?
Replies: 69
Views: 3826

Re: Some Credit Cards Make You Spend More?

Credit Cards make shopping easier particularly online. All of these travel credit cards encourage you to travel and spend more money. If you have the AMEX Gold or Platinum or Chase Sapphire Reserve, you probably spend more to make the perks and annual fee worth it even if you think you don't. This ...
by RudyS
Mon Apr 03, 2017 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: W2 income tax withheld is different then pay stub compilation
Replies: 9
Views: 606

Re: W2 income tax withheld is different then pay stub compilation

steelers wrote:Thanks Kosmo, but now I'm going to have trouble relating that to her employer. Does anyone speak Chinese? hehe


Do it in writing. Show a list of months with withholding, and what it totals. Show the W-2. They must be able to understand "why different?" But it seems you have the answer.
by RudyS
Sat Apr 01, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Social security and Medicare not included in tax brackets?
Replies: 10
Views: 971

Re: Social security and Medicare not included in tax brackets?

When one talks about a "tax bracket," that refers to just the Federal income tax. All else is extra. The bracket number usually is just for marginal income, i.e., last dollar, not the average someone pays.
by RudyS
Sat Apr 01, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Forgiveness Program Approval Letters May Be Invalid
Replies: 6
Views: 841

Re: Student Loan Forgiveness Program Approval Letters May Be Invalid

The outrage is that people were given a decision based on then-current rules, and, having directed their career plan accordingly, had the rug yanked out from under them with no explanation or appeal process.
by RudyS
Thu Mar 30, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Filing for Tax Deductions & Credits for Tuition/Grad School
Replies: 19
Views: 630

Re: Filing for Tax Deductions & Credits for Tuition/Grad School

The instructions for 1040EZ (what I think you meant by 2016EZ) (check at IRS.gov) say you must use 1040 to itemize deductions, and 1040 or 1040A to claim the education credits. You can get answers to this type of question from the irs.gov site, and you can actually use Google! It will generally show...
by RudyS
Thu Mar 30, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: What if no taxes were paid on 1099DIV qualified dividends?
Replies: 23
Views: 1089

Re: What if no taxes were paid on 1099DIV qualified dividends?

Maybe I missed it, but whose SSN is on the 1099DIV? Is the account still UTMA? How much were the dividends? Details on who files are here:
https://www.irs.gov/taxtopics/tc553.html
by RudyS
Wed Mar 29, 2017 9:08 am
Forum: Personal Finance (Not Investing)
Topic: earned income credit question
Replies: 4
Views: 374

Re: earned income credit question

Refund delays for EIC were a requirement imposed by Congress to delay processing EIC returns (and other returns with refundable credits) until mid-February. So if you filed in January, yes, you would have experienced a delay relative to most other folks filing at that same time. But I am not seeing...
by RudyS
Tue Mar 28, 2017 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: MFS & HOH how to handle 1099-DIV 1099-B?
Replies: 5
Views: 357

Re: MFS & HOH how to handle 1099-DIV 1099-B?

I'm not a tax pro, but do volunteer with the AARP TaxAide program. This is not a common situation. So, I would go by what the IRS publication says. Copy that section and put it in your tax files for the year, just in case you do get an inquiry, but I doubt you would, at least not on the split aspect...
by RudyS
Mon Mar 27, 2017 9:31 pm
Forum: Personal Consumer Issues
Topic: Where to borrow a moving cart from
Replies: 11
Views: 1145

Re: Where to borrow a moving cart from

Maybe a long shot, but check on Craigslist. Someone reasonably close may have done this, now ready to sell it.
by RudyS
Mon Mar 27, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Help with TaxAct 1099 forms for joint owners (spouses)
Replies: 7
Views: 507

Re: Help with TaxAct 1099 forms for joint owners (spouses)

The choice of husband, wife, joint is immaterial in virtually all cases. Unless you have some unusual situation, just select whichever gets the same name/ssn as on the 1099. The primary match the IRS makes is with the ssn.
by RudyS
Sun Mar 26, 2017 9:41 pm
Forum: Personal Consumer Issues
Topic: Clearing customs in Seattle
Replies: 20
Views: 1547

Re: Clearing customs in Seattle

If I were buying TSA Precheck today, I would pay the extra and get Global Entry at the same time. I'm an 80 year old grandpa, so I cannot refrain from adding, one should be sure to carry-on any medicines and change of underwear in case of having to stay overnight due to missed connection. Although t...
by RudyS
Sun Mar 26, 2017 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: MFS & HOH how to handle 1099-DIV 1099-B?
Replies: 5
Views: 357

Re: MFS & HOH how to handle 1099-DIV 1099-B?

Look at IRS Pub 555, there's a section on separate return preparation. Looks like you each report 50% of the income, but I only scanned it. Better check more carefully.
by RudyS
Sun Mar 26, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: 1040 tax reporting for referral income
Replies: 7
Views: 658

Re: 1040 tax reporting for referral income

I cannot see any way this would be considered self-employment (Schedule C) income. It's other income (1040 line 21). From Pub 17, p.96: "Kickbacks. You must include kickbacks, side commissions, push money, or similar payments you receive in your income on Form 1040, line 21, or on Schedule C or...
by RudyS
Sat Mar 25, 2017 9:37 pm
Forum: Personal Consumer Issues
Topic: Anyone ever ship a bicycle?
Replies: 18
Views: 2035

Re: Anyone ever ship a bicycle?

likegarden wrote:This is interesting that you have to disassembly a bike and put it in a box. Many years ago I brought it to a railroad station, they put a tag on it, and I picked it up then at the destination railroad station.


I'm that old too! That was probably in the days of Railway Express!
by RudyS
Sat Mar 25, 2017 1:48 pm
Forum: Personal Consumer Issues
Topic: Anyone ever ship a bicycle?
Replies: 18
Views: 2035

Re: Anyone ever ship a bicycle?

Once boxed, Greyhound Package Express is an option. You bring it to, and pick up, from a station. You can check online for details.
by RudyS
Sat Mar 25, 2017 1:14 pm
Forum: Personal Consumer Issues
Topic: Credit cards in Iceland
Replies: 8
Views: 672

Re: Credit cards in Iceland

Thanks to all who replied with current and detailed info. Seems the info I had seen about needing a PIN was out of date. I was just unsure that the answer from my card company (by the way, no foreign transaction fee!) about not needing a PIN was accurate. I don't do cash advances, instead use ATM ca...
by RudyS
Fri Mar 24, 2017 10:01 pm
Forum: Personal Consumer Issues
Topic: Credit cards in Iceland
Replies: 8
Views: 672

Credit cards in Iceland

I know credit cards are accepted readily in Iceland, but I have read that the cards should be Chip PIN enabled. I called two of my card companies and each told me a PIN is not needed now. I'm going in July. Anyone have recent experience as to whether a Mastercard or VISA with a chip, but no PIN, wil...
by RudyS
Fri Mar 24, 2017 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: MFS & HOH how to handle 1099-DIV 1099-B?
Replies: 5
Views: 357

Re: MFS & HOH how to handle 1099-DIV 1099-B?

In addition to the living apart rule, HOH requires that your home is the main home for your child, stepchild, or foster child for more than 1/2 the year. I didn't see any mention of a child in your post. HOH must also claim an exemption for the child.
by RudyS
Sat Mar 18, 2017 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Non-covered Shares Transfer: Will old broker also transfer Cost Basis ?
Replies: 6
Views: 435

Re: Non-covered Shares Transfer: Will old broker also transfer Cost Basis ?

This for sure will vary with specific details. I inherited some stocks and bonds in August 2014. Old broker had cost basis showing correctly as value at date of death of the bequester. Then I transferred in-kind to Vanguard. They have the basis transferred. So far so good. I just sold some of these ...
by RudyS
Sat Mar 18, 2017 9:08 pm
Forum: Personal Consumer Issues
Topic: Rhoad Scholar Travel Tours/Etc.
Replies: 11
Views: 1066

Re: Rhoad Scholar Travel Tours/Etc.

obgraham's post reminded me of the issue with cancellation of programs. We did attend 8, and liked them all, some more than others. But there was a last minute cancellation on a program in Colorado a couple of years ago, due to smoke in the air from huge wildfires. Understandable. Second instance th...
by RudyS
Sat Mar 18, 2017 5:21 pm
Forum: Personal Consumer Issues
Topic: Cheapest dress shirt to wear under a sweater
Replies: 34
Views: 2284

Re: Cheapest dress shirt to wear under a sweater

No reason not to buy from Goodwill, or SA, etc. You can just wash them before wearing!
by RudyS
Sat Mar 18, 2017 3:27 pm
Forum: Personal Consumer Issues
Topic: Rhoad Scholar Travel Tours/Etc.
Replies: 11
Views: 1066

Re: Rhoad Scholar Travel Tours/Etc.

Edit title to Road Scholar. This was formerly known as Elderhostel. DW and I have been on 8 RS programs. Not exactly tours though. We liked programs that dealt with parks, nature, etc. Last year did a wonderful program in Yosemite NP. Stayed right in the Valley at Yosemite Lodge. Got to see most of ...

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