Search found 13 matches

by jaypee
Fri Jan 20, 2017 7:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 1099s available - Other companies just as good for sending 1099s???
Replies: 63
Views: 5943

Re: Vanguard 1099s available - Other companies just as good for sending 1099s???

johnanglemen wrote:Could someone who received a 1099 for Total Stock dividends let us know what % of the dividend was qualified for 2016?


From what I see on my 1099-DIV, 92.75% of Total Stock Market Dividends were qualified dividends.
by jaypee
Wed Jan 18, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA - Income Limit question for Self Employed with individual 401K
Replies: 5
Views: 420

Re: Roth IRA - Income Limit question for Self Employed with individual 401K

Hello Spirit Rider, I found the MAGI definition on this website: "http://www.rothira.com/roth-ira-com-financial-glossary#MAGI" So neither the 50% of Self employment tax deducted nor the EmployER and EmployEE contributions to a Solo 401 K would need to be added back to calculate the MAGI fo...
by jaypee
Wed Jan 18, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA - Income Limit question for Self Employed with individual 401K
Replies: 5
Views: 420

Roth IRA - Income Limit question for Self Employed with individual 401K

Dear Bogleheads, From what I read: "If you are single, you must make less than $117,000 to contribute to a Roth IRA for the 2016 tax year." My understanding is the the income taken into consideration is the Modified Adjusted Gross Income (MAGI). The definition of MAGI I found is: "MAG...
by jaypee
Thu Jan 12, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Tax implications of marriage for Self employed (1099) marrying an employee (W2)
Replies: 10
Views: 704

Re: Tax implications of marriage for Self employed (1099) marrying an employee (W2)

I know little about about backdoor Roth IRAs but my understanding is that it is mostly interesting when one is in a lower tax bracket, which is not our case. This is not correct. The backdoor into Roth IRA is used by folks with higher income (higher tax brackets) whose income is too high to allow f...
by jaypee
Thu Jan 12, 2017 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Tax implications of marriage for Self employed (1099) marrying an employee (W2)
Replies: 10
Views: 704

Re: Tax implications of marriage for Self employed (1099) marrying an employee (W2)

Thanks a lot Livesoft for your answers. It is surprising to see that two people have to pay more taxes once they're married than when they were single... I know little about about backdoor Roth IRAs but my understanding is that it is mostly interesting when one is in a lower tax bracket, which is no...
by jaypee
Wed Jan 11, 2017 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Tax implications of marriage for Self employed (1099) marrying an employee (W2)
Replies: 10
Views: 704

Tax implications of marriage for Self employed (1099) marrying an employee (W2)

Dear Bogleheads, I am currently self employed (1099 status). I am considering getting married to someone who is employed (W2 status). I currently contribute to a Solo 401K and to a Roth IRA every year. My fiancee contributes to a pension plan, and to a regular 401K through her job. Are there other B...
by jaypee
Sat Mar 19, 2016 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Brick & mortar bank rec in NYC
Replies: 9
Views: 1132

Re: Brick & mortar bank rec in NYC

+1 for TD Bank. - Open 7 days a week and later than the other banks. - They're everywhere in the city now - They reimburse my ATM fees if I keep a $2,500 balance all month - Free coin counting machines - nice staff - I lost my debit card one day, went to the bank and they gave me a new one within 10...
by jaypee
Mon Dec 14, 2015 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with VTIAX (Vanguard Total International Stock Index Fund)
Replies: 47
Views: 4492

Re: Tax Loss Harvesting with VTIAX (Vanguard Total International Stock Index Fund)

vagabond wrote:Hi Jaypee,

Quick question for you: can you post a link to the source of that Dec 18 distribution date you quoted in your original post?

Thanks!

Vagabond


Dec 18th was last year's date for the distribution, I don't know the exact date for this year yet.
by jaypee
Mon Dec 14, 2015 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with VTIAX (Vanguard Total International Stock Index Fund)
Replies: 47
Views: 4492

Re: Tax Loss Harvesting with VTIAX (Vanguard Total International Stock Index Fund)

Thanks to all of you for your answers. last question for you: Do I receive an official document from Vanguard at the end of the year (or beginning of next) that takes everything into consideration (wash sale, short/long term gain, qualified and non qualified dividends etc...)? Meaning that they wil...
by jaypee
Sat Dec 12, 2015 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with VTIAX (Vanguard Total International Stock Index Fund)
Replies: 47
Views: 4492

Re: Tax Loss Harvesting with VTIAX (Vanguard Total International Stock Index Fund)

Thanks to all of you for your answers. last question for you: Do I receive an official document from Vanguard at the end of the year (or beginning of next) that takes everything into consideration (wash sale, short/long term gain, qualified and non qualified dividends etc...)? Meaning that they will...
by jaypee
Mon Dec 07, 2015 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting with VTIAX (Vanguard Total International Stock Index Fund)
Replies: 47
Views: 4492

Tax Loss Harvesting with VTIAX (Vanguard Total International Stock Index Fund)

Dear Bogleheads, I am new to investing and I have some questions about Tax Loss Harvesting: I started investing in VTIAX (Vanguard Total International Stock Index Fund Admiral Shares) in May 2015 in my Vanguard Taxable account - Dividends automatically reinvested in the fund (last dividends payment ...

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