Search found 384 matches

by plats
Fri Nov 10, 2017 6:53 pm
Forum: Investing - Theory, News & General
Topic: Initial Vanguard capital gains distribution announcement
Replies: 14
Views: 1758

Re: Initial Vanguard capital gains distribution announcement

The first one is the managed fund (VGHAX) and VHT is the EFT of the Health Care Index fund (VHCIX).
by plats
Sun Sep 24, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 159
Views: 22972

Re: Vanguard upgraded my accounts - angry [Brokerage Services]

NYCguy wrote:
Sun Sep 24, 2017 9:59 am
Any Quicken power users who have gone through this switch? I have multiple Vanguard accounts with 20+ years of data and I’m afraid the switch will be a nightmare.
Check out this thread: viewtopic.php?t=210632
by plats
Wed Sep 20, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign Investing in Foreign Currency
Replies: 5
Views: 463

Re: Foreign Investing in Foreign Currency

Any way you buy foreign stocks/funds you are making a bet against the USD since those securities are bought in foreign currencies. With a falling USD those stocks/funds will go up in USD.
by plats
Fri Jun 30, 2017 6:08 pm
Forum: Investing - Theory, News & General
Topic: Vanguard upgraded my accounts - angry [Brokerage Services]
Replies: 159
Views: 22972

Re: Vanguard upgraded my accounts - angry

I use Quicken to automatically download account information. I have four VG accounts (with four account numbers) and they all four get downloaded into the a corresponding Quicken account. Will this still work after I upgrade to a Brokerage account that only has one account number? It'll work after ...
by plats
Sun May 14, 2017 3:28 am
Forum: Investing - Help with Personal Investments
Topic: Quicken 2015 entry [How to record stock fund merger?]
Replies: 11
Views: 1717

Re: Quicken 2015 entry

Not new to 2016. If you have the account attribute as "Single Mutual Fund? Yes" then those choices come up. If you change to "No" then a more complete list with Mutual Fund Conversion will appear. But, as I've already said, that will probably mess up your cost basis, etc., and Corporate Acquisition ...
by plats
Sat May 13, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Quicken 2015 entry [How to record stock fund merger?]
Replies: 11
Views: 1717

Re: Quicken 2015 entry

Two of my funds also merged on April 28. Only "Corporate Acquisition" would work correctly.
by plats
Thu Apr 13, 2017 11:31 pm
Forum: Investing - Help with Personal Investments
Topic: IRS 1116 with foreign earned income & moving back to the states
Replies: 8
Views: 732

Re: IRS 1116 with foreign earned income & moving back to the states

Was he using bone fide resident or physically present previously?
by plats
Thu Apr 13, 2017 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: IRS 1116 with foreign earned income & moving back to the states
Replies: 8
Views: 732

Re: IRS 1116 with foreign earned income & moving back to the states

If the kid lived abroad and has foreign income I wonder why you don't continue using 2555.
by plats
Sun Apr 09, 2017 5:04 am
Forum: Investing - Help with Personal Investments
Topic: Quicken - recording Admiral to ETF conversion
Replies: 5
Views: 537

Re: Quicken - recording Admiral to ETF conversion

Are you sure the $600 million is incorrect? There's been quite a stock rally since the election.

I was sure I had done a conversion in the past but can't find any in my file. Maybe a stock split, then renaming the fund, might work.

Good luck.
by plats
Sat Mar 18, 2017 6:01 am
Forum: Investing - Help with Personal Investments
Topic: Australian Temporary Visa and Rebuying Funds to Reduce Future Tax
Replies: 8
Views: 565

Re: Australian Temporary Visa and Rebuying Funds to Reduce Future Tax

I don't know about using foreign tax credit to offset US capital gains, but you can certainly use your personal exemption/standard deduction to negate over $10K of capital gains income.
by plats
Fri Feb 10, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Upgrade and Quicken
Replies: 4
Views: 1060

Re: Vanguard Upgrade and Quicken

You should be able to do a transfers shares to the new account. Not on computer now so can't check it but I transfer shares often and cost basis moves with shares. That worked, thanks. The key is to delete the erroneous "shares added/shares deleted" one-step update transactions and manual...
by plats
Thu Feb 09, 2017 10:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Upgrade and Quicken
Replies: 4
Views: 1060

Vanguard Upgrade and Quicken

I upgraded to a brokerage account and Quicken dutifully put all my funds into my brokerage account. The balances are correct, but unfortunately the cost basis for all funds are zero. Some go back 30 years with monthly distributions reinvested. Does anyone know how to resolve this?
by plats
Sun Jan 15, 2017 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: IRA for spouse treated as US resident for tax purposes
Replies: 10
Views: 962

Re: IRA for spouse treated as US resident for tax purposes

If you're treating her as a US resident for tax purposes then she should be able to use the FEIE to exempt her foreign income providing she meets one of the two overseas residency tests. Setting up an IRA may require a phone call.
by plats
Tue Jan 03, 2017 3:57 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST
Replies: 686
Views: 31775

Re: REGISTRATION FOR THE 2017 BOGLEHEAD CONTEST

Up thirty percent: 2,909.4
by plats
Fri Oct 21, 2016 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Upgrade My Vanguard Account?
Replies: 5
Views: 2076

Re: Upgrade My Vanguard Account?

Can anyone comment about this upgrade and Quicken?
by plats
Sun Oct 09, 2016 7:00 pm
Forum: Investing - Theory, News & General
Topic: How To Retire Comfortably With Just $500,000
Replies: 44
Views: 10680

Re: How To Retire Comfortably With Just $500,000

Doesn't the $500000 go down commensurately with the dividend paid on an ongoing basis? The author stipulates that the dividend must be covered by the earnings. Earnings not retained reduced stockholders equity. Why would the price of equity remain static of equity in business has been reduced? Did ...
by plats
Sun Oct 09, 2016 4:33 pm
Forum: Investing - Theory, News & General
Topic: How To Retire Comfortably With Just $500,000
Replies: 44
Views: 10680

Re: How To Retire Comfortably With Just $500,000

tennisplyr wrote:Doesn't the $500000 go down commensurately with the dividend paid on an ongoing basis?

The author stipulates that the dividend must be covered by the earnings.
by plats
Sat Oct 01, 2016 5:01 am
Forum: Investing - Help with Personal Investments
Topic: Investing from the UK as a US resident (oh my!)
Replies: 9
Views: 937

Re: Investing from the UK as a US resident (oh my!)

Can't you log into Schwab and change your address to your present UK address?
by plats
Sun Sep 25, 2016 2:04 am
Forum: Personal Finance (Not Investing)
Topic: Uncovered MF Shares at Vanguard
Replies: 18
Views: 2199

Re: Uncovered MF Shares at Vanguard

The average cost basis VG reports for my funds going back up to 30 years seems to be correct.
by plats
Mon Jul 18, 2016 5:43 am
Forum: Personal Consumer Issues
Topic: Okinawa: No Word for Retirement!
Replies: 6
Views: 1945

Re: Okinawa: No Word for Retirement!

They were talking about “the local dialect” so it’s probably correct. In farming societies you worked until you dropped. And the local dialect is certainly different from standard Japanese. I can speak Japanese pretty well and I could barely understand the guys I met when I visited Okinawa. Granted ...
by plats
Fri Jun 17, 2016 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Social security and foreign earned income
Replies: 12
Views: 1401

Re: Social security and foreign earned income

Under the "Personal Income" section, Turbo Tax has a screen to "Enter your foreign earned wages". I entered the wages in this section. It sounds like to get the income on Schedule C I'd need to enter the income in the Business Income and Expenses section. As far as I can tell th...
by plats
Fri May 27, 2016 5:18 pm
Forum: Investing - Theory, News & General
Topic: Tax brackets and investment returns
Replies: 16
Views: 1552

Re: Tax brackets and investment returns

I know that if one's AGI is in the 15% bracket, then long-term capital gains and qualified dividends are taxed at zero rate. Here's a question that I'm a bit fuzzy on, though... if one's tax bracket is dependent on the amount of one's taxable income, does the amount dividends and capital gains rece...
by plats
Thu May 26, 2016 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Help me help my expat parents
Replies: 9
Views: 1045

Re: Help me help my expat parents

TexxinMike wrote:He does not.. my parents both only visit once or twice a years for a few days during the holidays and stay no more than 30 days to stay within Foreign Earned Income Exclusion rules a.

Tex, expats using the Bona Fide resident test don't have a maximum 30-day USA stay rule.
by plats
Thu Apr 28, 2016 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: US Citizen Abroad: Switching Brokerage Houses
Replies: 7
Views: 730

Re: US Citizen Abroad: Switching Brokerage Houses

The Ameriprise site indicates they offer access to every mutual fund (including Vanguard) or ETFs through their brokerage services.
by plats
Mon Apr 11, 2016 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Best Tax Software for US Expat
Replies: 6
Views: 1639

Re: Best Tax Software for US Expat

I used Turbo Tax for years till this year when Vanguard discontinued offering it for free. It handles expat returns fine, once you figure it out. Even when I used it, though, I still checked it by hand and Excel.
by plats
Mon Jun 22, 2015 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring Abroad
Replies: 22
Views: 4973

Re: Retiring Abroad

It might not be necessary to work in the USA to contribute, though, if the country you work in has a Social Security agreement with the USA. My understanding is that while contributing to the pension scheme of a foreign county which has a totalization agreement with the US can be used to meet quali...
by plats
Mon Apr 06, 2015 6:10 am
Forum: Investing - Help with Personal Investments
Topic: Tax Extension Question: Please help!
Replies: 9
Views: 865

Re: Tax Extension Question: Please help!

Or forget FEIE and use a Foreign Tax Credit instead.
by plats
Sat Mar 07, 2015 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: US-citizen living abroad... can i invest in ETFs?
Replies: 19
Views: 2306

Re: US-citizen living abroad... can i invest in ETFs?

TedSwippet wrote:
IPer wrote:
TedSwippet wrote:...Yet the problem exists. ..."

Why on earth would anyone want to provide a USA bank with a foreign address?! I have a USA address. As for FinCen, I am of no interest to these folk!

Not everyone has a US address..."

And to avoid a state tax.
by plats
Fri Feb 27, 2015 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Expat Roth IRA Rollover
Replies: 7
Views: 1057

Re: Expat Roth IRA Rollover

Any other expats out there who have run into this? Or anybody who has experience with it. Can they take the FEIE, roll $20k from a T-IRA to a Roth, and then take the standard deduction and personal exemptions to cancel out the income that creates? As ED said it's too late for 2014, but this year FE...
by plats
Fri Feb 13, 2015 8:19 pm
Forum: Investing - Help with Personal Investments
Topic: EXPAT investing
Replies: 7
Views: 1342

Re: EXPAT investing

I think Jeffarvon's right. My experience is when I have paid taxes on US income (if, say, I was in the US for 6o days in a summer but still met the physical presence test because I was then back for most of the next 12 months) I try to invest in a Roth. Last year we could only put in two or three t...
by plats
Fri Feb 13, 2015 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: EXPAT investing
Replies: 7
Views: 1342

Re: EXPAT investing

Is there anyway an expat can invest in a ROTH IRA? My research indicates "no". I have been maxing out a Roth IRA for 8 years but moved overseas last year. Turns my stomach not continuing to invest in a Roth. You can choose not to exclude your income with FEIE, use a foreign tax credit ins...
by plats
Wed Feb 11, 2015 6:13 am
Forum: Investing - Help with Personal Investments
Topic: Clarifications on Foreign Earned Income Exclusion
Replies: 13
Views: 1606

Re: Clarifications on Foreign Earned Income Exclusion

I think you're getting closer to understanding US taxes. More Googling about tax brackets may be helpful. One point: While the USA is one of the few countries which taxes worldwide earned income, I believe every country taxes worldwide investment income. This is why HSBC is in the news this week, an...
by plats
Tue Feb 10, 2015 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Clarifications on Foreign Earned Income Exclusion
Replies: 13
Views: 1606

Re: Clarifications on Foreign Earned Income Exclusion

Her foreign income will be excluded with FEIE, and the first $10,150 of unearned income will be negated by her personal exemption/standard deduction (married filing separately). After that the stacking rule applies, as kaneohe wrote.

What has she been doing with filing up to now?
by plats
Sun Feb 08, 2015 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Moving to Thailand. Assets in USD
Replies: 12
Views: 1921

Re: Moving to Thailand. Assets in USD

You could put some money into THD, a Thai equity ETF, which will fluctuate with the Thai baht.
by plats
Mon Jan 05, 2015 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Should I declare foreign salary to avoid double taxation?
Replies: 16
Views: 2653

Re: Should I declare foreign salary to avoid double taxation

To clarify some points: 1. Based on your income you are required to file a return regardless of your marital status. 2. Since you were a bona fide resident of a foreign country for the first half of the year you can exclude those earnings with FEIE. 3. You could instead use a foreign tax credit for ...
by plats
Fri Jan 02, 2015 5:20 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Turbo Tax prices anounced
Replies: 92
Views: 20483

Re: Vanguard Turbo Tax prices anounced

tfb wrote:Try the TurboTax refund request form?

https://support.turbotax.intuit.com/for ... equest.jsp

I'd like to express my heartfelt thanks for the link. Never would have thought of it. And best of all, I got my $9.99 back!
by plats
Mon Dec 29, 2014 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Should I declare foreign salary to avoid double taxation?
Replies: 16
Views: 2653

Re: Should I declare foreign salary to avoid double taxation

Interesting that a CPA would advise a client not to comply with IRS regulations. And an immigrant nonetheless, who has to deal with the INS. Anyway, by applying standard deduction, exemption, FEIE and foreign tax credit your bill should be less than zero. I would do it.
by plats
Sat Dec 27, 2014 7:44 am
Forum: Investing - Help with Personal Investments
Topic: Question on Pa income tax on non-resident Vanguard accounts
Replies: 4
Views: 686

Re: Question on Pa income tax on non-resident Vanguard accou

It's a residency issue. Passive income from VG is not PA source income. Having a PA address as her VG mailing address would also cause the notice.
by plats
Sat Dec 20, 2014 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction - Resident Alien working from foreign location
Replies: 6
Views: 905

Re: Tax deduction - Resident Alien working from foreign loca

nirvana wrote:Thanks for the clarification. Guess I assumed incorrectly based on what i saw in the IRS publication.

Would I be able to deduct Medical expenses that were incurred for my spouse in 2014 if I go the form 2555 route?

For medical expenses: http://www.irs.gov/pub/irs-pdf/p502.pdf
by plats
Fri Dec 19, 2014 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction - Resident Alien working from foreign location
Replies: 6
Views: 905

Re: Tax deduction - Resident Alien working from foreign loca

You should be able to get a refund of all of your federal tax payments and some help with housing with Form 2555. m State taxes will be difficult unless you have cut all ties with your state. Plats, Thank you for your response, I probably wasnt clear on the tax part. I meant to say that my earned i...
by plats
Thu Dec 18, 2014 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Tax deduction - Resident Alien working from foreign location
Replies: 6
Views: 905

Re: Tax deduction - Resident Alien working from foreign loca

You should be able to get a refund of all of your federal tax payments and some help with housing with Form 2555.

http://www.irs.gov/uac/Form-2555,-Foreign-Earned-Income

State taxes will be difficult unless you have cut all ties with your state.
by plats
Sun Sep 28, 2014 6:12 am
Forum: Personal Consumer Issues
Topic: Vanguard Recommending Quicken Changes
Replies: 62
Views: 9846

Re: Vanguard Recommending Quicken Changes

I don't have this issue, but although I previously reported that the change went smoothly for me in fact one fund exchange and one distribution were not recorded by Quicken. I had to enter them manually. Quicken did correctly report that my share balance didn't match those in Vanguard.
by plats
Mon Sep 15, 2014 5:23 am
Forum: Personal Finance (Not Investing)
Topic: Is FEIE pro-rated in year of retirement
Replies: 7
Views: 655

Re: Is FEIE pro-rated in year of retirement

You may be able to squeeze out some more write-offs using the foreign housing exclusion or deduction.
by plats
Mon Sep 15, 2014 4:14 am
Forum: Personal Finance (Not Investing)
Topic: Is FEIE pro-rated in year of retirement
Replies: 7
Views: 655

Re: Is FEIE pro-rated in year of retirement

You can run your figures through last year's TaxACT. The results will be almost the same as this year.
by plats
Sun Sep 14, 2014 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Is FEIE pro-rated in year of retirement
Replies: 7
Views: 655

Re: Is FEIE pro-rated in year of retirement

If you work a partial year in the US and partial year overseas, I know the Foreign Earned Income Exclusion (FEIE) is pro-rated that year. What if you work a partial year overseas and retire overseas? To put some numbers to this, suppose one earns $120K overseas in the first seven months of the year...
by plats
Sat Sep 13, 2014 6:57 am
Forum: Personal Consumer Issues
Topic: Vanguard Recommending Quicken Changes
Replies: 62
Views: 9846

Re: Vanguard Recommending Quicken Changes

I keep getting the same error message when trying to set up the account: Quicken is unable to establish an internet connection [OL-297-A] But, i can update all my other accounts just fine. I can't get past the stage of adding my login/password because of the error above. Anyone else have this and a...
by plats
Fri Sep 12, 2014 7:23 pm
Forum: Personal Consumer Issues
Topic: Vanguard Recommending Quicken Changes
Replies: 62
Views: 9846

Re: Vanguard Recommending Quicken Changes

My update went smoothly. There was no Vanguard listed but I was able to enter Vanguard myself when reactivating an account. When it connected it found all three accounts and updated them with no problems. So far, that is.
by plats
Thu Jul 31, 2014 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Retiree Income Investment Question
Replies: 17
Views: 1798

Re: Retiree Income Investment Question

Since they are already bond-heavy maybe they'd like one of Vanguard's high-yielding stock funds, such as Vanguard Equity Income Fund Admiral Shares (VEIRX). It yields over 2.5% and may be a selling at a discount this afternoon.
by plats
Sun Jul 20, 2014 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Am I "Locked In" For Payments With This Bond Fund?
Replies: 11
Views: 1461

Re: Am I "Locked In" For Payements With This Bond Fund?

When interest rates rise, the NAV of the bond funds will fall, but those funds will eventually start buying those bonds with higher rates as they turnover their positions, so those same shares will eventually have a higher yield. They will not eventually have a higher yield, they will immediately h...