Search found 831 matches

by RudyS
Wed Dec 13, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: business use of a gift
Replies: 2
Views: 240

Re: business use of a gift

The gift was under $14K, so no gift tax reporting required. It's her car. She uses it for her business. I cannot see why there would be an issue about deducting the mileage on her schedule C. You said "we are using the mileage deduction". I assume that is OP and his wife filing jointly. Seems so sim...
by RudyS
Wed Dec 13, 2017 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 144
Views: 23076

Re: Fidelity free Turbotax

I followed the link in Fidelity to Turbotax, and did not see any reduction in price. Same $59 as if I just went to TT. Worse than Amazon's $49.
by RudyS
Mon Dec 11, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Upside Down On Vehicle
Replies: 16
Views: 1096

Re: Upside Down On Vehicle

rec7 wrote:
Mon Dec 11, 2017 4:47 pm
I think they all drop like that. The key is to keep it until the wheels fall off. Try to keep it until it is 10 years old or older.
It is what it is, no need to think about it any more. Just be happy you are upside down ON the vehicle, not upside down IN it.
by RudyS
Mon Dec 11, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Tax Consequences of Un-Jointing a Joint Account
Replies: 19
Views: 900

Re: Tax Consequences of Un-Jointing a Joint Account

Does knowing why help answer the question? If so, I don't see it, if not, um, why do you have to ask? Well for one in my state the two split joint accounts would still be community property. Maybe that's the intent, maybe it isn't. We don't know. Sometimes better advice is given if we know why. You...
by RudyS
Sun Dec 10, 2017 3:41 pm
Forum: Personal Consumer Issues
Topic: Cheap outdoor floor covering?
Replies: 6
Views: 649

Re: Cheap outdoor floor covering?

Try carpetmart.com. They have a 15' wide, x 20' = $237. Don't know about pickup vs delivery, etc.
by RudyS
Sun Dec 10, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Pay taxes on free food?
Replies: 30
Views: 3170

Re: Pay taxes on free food?

When someone running for office hands out pens with his name on them to voters, (not near a polling place, of course) is he bribing them? I think this all is "down in the noise." also known as de minimis. I can only find IRS "de minimis" rules here: De Minimis Fringe Benefits | Internal Revenue Ser...
by RudyS
Sun Dec 10, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax bug with Medical Expenses
Replies: 7
Views: 573

Re: Turbo Tax bug with Medical Expenses

Turbo Tax fiddles with their Federal software up through about the third week of January. I wouldn't waste much time with the versions they issue in December. They often don't finalize the State software until a week or two later. Most tax software is updated frequently well into March. After 10 ye...
by RudyS
Sun Dec 10, 2017 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Same Multiple credit cards
Replies: 6
Views: 794

Re: Same Multiple credit cards

I have 2 Chase cards, but they are not the same exact name of CARD. Is the one on offer different from the one you have?
by RudyS
Sat Dec 09, 2017 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 43
Views: 5849

Re: For those retired at least 10 years, what about the money?

We have quite a lot now. Ages 76 & 81. IF health holds up, the kids will have a nice inheritance. But this is actually a reserve in case of large end of life expenses. No way to know how this will play out. We are planning to enter a CCRC to try to put some control on this.
by RudyS
Sat Dec 09, 2017 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Pay taxes on free food?
Replies: 30
Views: 3170

Re: Pay taxes on free food?

mouses wrote:
Sat Dec 09, 2017 2:57 pm
When someone running for office hands out pens with his name on them to voters, (not near a polling place, of course) is he bribing them?

I think this all is "down in the noise."
also known as de minimis.
by RudyS
Sat Dec 09, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 181
Views: 10503

Re: Do people still use AAA?

You can usually get hotel discounts with AAA...so if you travel you can save around $10/night at most hotels...which will offset the price of a membership. I like the fact that AAA will tow 200 miles once per year then 100 miles after that...until new year. Every now and then my wife has to drive t...
by RudyS
Sat Dec 09, 2017 11:26 am
Forum: Personal Consumer Issues
Topic: Extended warranty on 2018 Outback
Replies: 47
Views: 1592

Re: Extended warranty on 2018 Outback

For those debating whether it can be called a warranty if there is a deductible - Subaru offered me an extended SERVICE PLAN. Not a "warranty". They make a point that the particular one being offered is what they call "exclusionary." Everything is covered except specified wear parts. So no debate on...
by RudyS
Wed Dec 06, 2017 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax Deluxe Online for 2017
Replies: 12
Views: 1679

Re: TurboTax Deluxe Online for 2017

According to TT web site, if you go to the ask questions part, it leads you to the info that all download/CD versions handle all forms. There is a list for each version, and Deluxe has all I need, including A,B,C,D and more.
by RudyS
Tue Dec 05, 2017 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of orthopedic cast
Replies: 8
Views: 755

Re: Cost of orthopedic cast

What did the insurance say? Did you get their statement yet?
by RudyS
Tue Dec 05, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Lowering real estate agent costs when selling?
Replies: 34
Views: 2588

Re: Lowering real estate agent costs when selling?

About being home when buyers come: The house we are in now was a FSBO. When we came, after work, the owners were sitting on the screened-in porch having dinner, while we toured the house. Afterwards, we talked, and did wind up buying. That little scenario really helped us decide on that house. Note,...
by RudyS
Sun Dec 03, 2017 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: When/how to pare back cash gifts to young relatives as they get older
Replies: 19
Views: 1670

Re: When/how to pare back cash gifts to young relatives as they get older

We never figured out how or when to stop. I'm 81 now, and guess we never will. Gifts to the kids for birthdays and Chanukah were the norm. Started with toys, then gift cards and worked up to $100 checks. Our two kids got married, so now we added anniversaries and DIL and SIL birthdays. They had kids...
by RudyS
Sun Dec 03, 2017 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nesters, how did your finances change when the birds left the nest
Replies: 25
Views: 2301

Re: Empty nesters, how did your finances change when the birds left the nest

livesoft wrote:
Sat Dec 02, 2017 5:43 pm
One thing that changed is that I let my kids pay for my meals when we go out to eat. They are happy to pick up the check.
We do this in a different manner. I pay for all the meals. In the end, they do pay, but for now, better cash flow for them.
by RudyS
Sun Dec 03, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: retirement age and life span
Replies: 16
Views: 1167

Re: retiirement age and life span

I call BS. Or Fake Facts. or whatever. I've been dead 16 years according to this thing, and it's lovely up here. Looks just like where I used to live.
by RudyS
Sat Dec 02, 2017 9:30 pm
Forum: Personal Consumer Issues
Topic: Buy Warranty for Bosch Appliances?
Replies: 15
Views: 893

Re: Buy Warranty for Bosch Appliances?

I never buy extended warranties on anything, but, I made an exception last year on a Bosch dishwasher. This was only because we have had bad luck with dishwashers. The previous one was a Kenmore which turned out to need service on several occasions. :annoyed This is our first Bosch appliance. It is...
by RudyS
Sat Dec 02, 2017 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Empty nesters, how did your finances change when the birds left the nest
Replies: 25
Views: 2301

Re: Empty nesters, how did your finances change when the birds left the nest

Ours went to a good State school, so tuition and room and board could easily be cash-flowed. That cost went away when they graduated and left. We kept the house, are still in it at age 80, and planning to move to a continuing care retirement community in a few years, so that will be the only downsiz...
by RudyS
Fri Dec 01, 2017 11:41 am
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10341

Re: Price of haircut?

.. BUT 11yo daughter can do almost as good a job, and I've started to let her do it every 2 weeks. Let's face it, it's pretty brainless to work a 1.5 or 2 razor with those guards, and she's getting better at fading. I work in the OR all day and wear a scrub cap, and have a pretty casual lifestyle o...
by RudyS
Wed Nov 29, 2017 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Withholding
Replies: 5
Views: 831

Re: Vanguard Withholding

You could try removing your SS number from your account. Then backup withholding would occur. Backup withholding. If an authorized taxpayer identification number (e.g., Social Security number) has not been provided on your account registration form or certified with a W-9 Form, backup withholding e...
by RudyS
Sat Nov 25, 2017 8:36 pm
Forum: Personal Consumer Issues
Topic: Etiquette question: going out to dinner with friends and how to split the bill
Replies: 86
Views: 5272

Re: Etiquette question: going out to dinner with friends and how to split the bill

In our circle of friends, we just as a matter of routine ask for separate checks at the outset. It's just so straight forward. No reason we can see that we should divide up a bill after the meal, which just is prone to all the previously mentioned issues. There are of course exceptions for special e...
by RudyS
Sat Nov 25, 2017 10:38 am
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 73
Views: 6019

Re: Best vehicle for seniors?

Seniors are among the safest drivers on the road. FWIW, the oncoming car was going twice the speed limit, and the driver was 20. As a group senior drivers are safer only if you discount the miles driven. Seniors drive far fewer miles than other drivers and that skews the accident rate. Once you tak...
by RudyS
Fri Nov 24, 2017 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Any need for professional tax preparer?
Replies: 14
Views: 1468

Re: Any need for professional tax preparer?

I don't see a need for a professional tax preparer. They make lots of mistakes anyways. If you wonder about TaxAct, just get another tax software to see if it makes a difference. Sometimes the "interview" questions highlight something that you didn't think about, but generally not. They all end up ...
by RudyS
Wed Nov 22, 2017 4:50 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 73
Views: 6019

Re: Best vehicle for seniors?

I should add that I really appreciate the safety features now common on most new cars. Probably the most useful day to day is the backup warning feature that can see crossing traffic as you try to back out of a space. It also picks up pedestrians that might be walking in your potential path, especi...
by RudyS
Wed Nov 22, 2017 4:23 pm
Forum: Personal Consumer Issues
Topic: How do I sell silver coins?
Replies: 13
Views: 1864

Re: How do I sell silver coins?

alpenglow wrote:
Wed Nov 22, 2017 1:40 pm
I've sold a number of coins on eBay without a problem.
Were these numismatic grade, or bullion grade? Ebay might be a good source of determining value if you can be sure of the grade of the coin.
by RudyS
Sun Nov 19, 2017 10:04 pm
Forum: Personal Consumer Issues
Topic: United change fees
Replies: 28
Views: 1935

Re: United change fees

Great suggestion and reminder. I was once notified of a 20 minute change, which would have tightened up my connection significantly. So they did agree to rebook my flights, same day, but at a more convenient time than I originally had.
by RudyS
Sun Nov 19, 2017 10:00 pm
Forum: Personal Consumer Issues
Topic: Can anyone help me with details on Portland Oregon Trip?
Replies: 14
Views: 624

Re: Can anyone help me with details on Portland Oregon Trip?

Crater Lake will be too much driving and time. We were on the Coast twice in recent years, stayed at Cannon Beach. Also have done the Gorge, etc. And have been to Crater Lake. Lots to see and do on the coast. Bend and area is also well worth it. Be careful not to crowd too much into too few days. Ch...
by RudyS
Sun Nov 19, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Returns - How Long Do you Keep?
Replies: 56
Views: 4512

Re: Tax Returns - How Long Do you Keep?

BL wrote:
Sun Nov 19, 2017 12:26 pm
When we get around to shredding, besides keeping forms as above, plan to keep the basic forms indefinitely and get rid of extra paperwork, but watch for and keep anything to do with basis of items that are still owned, such as land, home, taxable funds, etc.
me too.
by RudyS
Sun Nov 19, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Do any of you maintain your own charitable foundations?
Replies: 5
Views: 774

Re: Do any of you maintain your own charitable foundations?

In our town there is the [town]Area Community Foundation. It provides grants to many local non profits, the city, people, etc. People donate to the general fund of the foundation, or to any of a number of subaccounts (or donor advised funds). Often these are in memory of someone. You could set up on...
by RudyS
Sun Nov 19, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Collection agency calls intended for another person:
Replies: 36
Views: 2908

Re: Collection agency calls intended for another person:

they will never stop calling you. Change your number or screen your calls. When we have notified the collection agency that the person is not at this address, or number, the calls did stop. Then, a year later, another agency called, they said they just got that account. Then the calls stopped again...
by RudyS
Sat Nov 18, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: My fafsa has made me an "independent" because I was born before Jan. 1 1995. But im not independent...
Replies: 19
Views: 1534

Re: My fafsa has made me an "independent" because I was born before Jan. 1 1995. But im not independent...

If you re going to report the assets in the joint account, consider:
https://pocketsense.com/report-joint-as ... 75148.html
This is not an official answer, just what came up in a google search for fafsa joint account. Depends on who really owns the account.
by RudyS
Sat Nov 18, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Return of IRA contribution performed early in year, amend 1040 that year or the prior year?
Replies: 15
Views: 876

Re: Return of IRA contribution performed early in year, amend 1040 that year or the prior year?

Have you tried phoning IRS? They gave a number to call on the CP-2000. Other posters have reported pretty good success that way.
by RudyS
Fri Nov 17, 2017 10:40 pm
Forum: Personal Consumer Issues
Topic: Issue with Bank of America credit card
Replies: 8
Views: 1035

Re: Issue with Bank of America credit card

Try this, this or a variation works for many companies and saves lots of time on the phone. In Facebook, enter Bank of America in the "find" field. Select the page with the BofA logo. It has a send message tab. Hit it. Do not give your account info, but tell the rep in broad terms what the problem i...
by RudyS
Fri Nov 17, 2017 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Why did Vanguard drop TurboTax?
Replies: 16
Views: 3205

Re: Why did Vanguard drop TurboTax?

This topic was popular last year at tax time too. I buy TurboTax for around $40-$50 each year, except when it was cheaper/free through Vanguard. It is interesting how much time is spent on the Forum discussing how to save so few bucks once a year. There's also the issue of having to reenter a lot of...
by RudyS
Fri Nov 17, 2017 4:46 pm
Forum: Investing - Theory, News & General
Topic: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.
Replies: 50
Views: 4668

Re: Should we be using high equity retirement portfolios? - Some cFIREsim scenarios.

Simple models don't tell all. At 76/81, our AA is 65/35 as it has been for years. Some suggest this is pretty risky. DW and I have discussed the BH philosophy, and the concept of asset allocation. She's familiar enough with our finances to carry on if I go first, but otherwise doesn't spend time on ...
by RudyS
Fri Nov 17, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: Confused!!!! CRCCs or home care..? Help!!
Replies: 12
Views: 1191

Re: Confused!!!! CRCCs or home care..? Help!!

I like the idea of moving in when I'm healthy and active and not having to move again as my health and/or physical abilities decline. My mother strongly endorses this idea. As always is the case, there is a social hierarchy in these communities. Healthier and more able community members find it eas...
by RudyS
Fri Nov 17, 2017 10:05 am
Forum: Personal Consumer Issues
Topic: Confused!!!! CRCCs or home care..? Help!!
Replies: 12
Views: 1191

Re: Confused!!!! CRCCs or home care..? Help!!

We are looking for a CCRC nearer to our kids. We are 76/81, 800 miles from the kids. There was a recent thread you may find interesting.
viewtopic.php?f=2&t=228628&p=3554536&hi ... c#p3554536
by RudyS
Wed Nov 15, 2017 3:15 pm
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 108
Views: 8821

Re: Has used furniture dropped in value dramatically?

Hi. My mother is selling her parent's home and is in the process of emptying it out. The realtor recommended that instead of doing a series of garage or estate sales, that we deal with just one person who empties homes professionally. So, she recommended someone that will evaluate all the items on ...
by RudyS
Wed Nov 15, 2017 3:14 pm
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 108
Views: 8821

Re: Has used furniture dropped in value dramatically?

deleted. redundant. I tried to do an edit.
by RudyS
Wed Nov 15, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare and glucose test strips
Replies: 4
Views: 439

Re: Medicare and glucose test strips

It appears that Medicare part B covers glucose test strips. https://www.cms.gov/Outreach-and-Education/Medicare-Learning-Network-MLN/MLNMattersArticles/downloads/se0738.pdf Medicare covers certain supplies if a beneficiary has Medicare Part B and has diabetes. These supplies include: • Blood glucos...
by RudyS
Tue Nov 14, 2017 10:25 pm
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 67
Views: 3838

Re: Michelin or Bridgestone?

I am on my 3rd Subaru Outback. All came with Bridgestone tires. None lasted 40K miles. All wore evenly, were rotated regularly. This time around I chose Michelin Defender.
by RudyS
Mon Nov 13, 2017 10:12 pm
Forum: Personal Consumer Issues
Topic: Upgrading a flight - what are your rules?
Replies: 40
Views: 3736

Re: Upgrading a flight - what are your rules?

I'm 6'3". No question! I use Delta Comfort Plus whenever it's offered. Some decisions can be easy.
by RudyS
Mon Nov 13, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?
Replies: 98
Views: 8006

Re: Morningstar: Cognitive decline in aging. A strong case for portfolio simplification?

Swimmer wrote:
Mon Nov 13, 2017 6:22 pm
You, sir, are an inspiration. Thank you for sharing your experience and for your thoughtful post. Sorry you and your family are dealing with this disease.
+1 and more.
by RudyS
Sun Nov 12, 2017 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Tell me I'm not a total fool about my choice of a Medigap policy
Replies: 26
Views: 2464

Re: Tell me I'm not a total fool about my choice of a Medigap policy

The extra cost of Plan F is worth it to DW so that she gets no bills at all . I understand the economics. I am a total fool about my wife, so we just pay it. I personally have Plan N. Different medical situations.
by RudyS
Sun Nov 12, 2017 4:33 pm
Forum: Investing - Theory, News & General
Topic: The Personal Black Swan
Replies: 46
Views: 5863

Re: The Personal Black Swan

It is straightforward to hold your assets at a few different banks and investment companies. Seems to be a reasonable precaution to take in the event one financial institution is breached or if you are hit by identity theft (in the hopes that the thieves target one account but not all). There are t...
by RudyS
Sun Nov 12, 2017 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Paying off Home mortgage, partner doubts?
Replies: 40
Views: 3022

Re: Paying off Home mortgage, partner doubts?

You don't need to INFORM her. You need to DISCUSS it with her. Before the fact. All the rest is details on which you are getting decent advice. This is coming from someone who has been happily married for 56 years (to same DW).
by RudyS
Sat Nov 11, 2017 9:06 pm
Forum: Personal Consumer Issues
Topic: Best way to sell house contents
Replies: 19
Views: 2623

Re: Best way to sell house contents

We are in same situation as OP. We plan to have an estate sale company sell what will remain in the house after we move. There is a company in our area that helps orchestrate such downsizing, from (living) estate sale to packing stuff to finding movers to helping set up the new place (if it's in the...
by RudyS
Sat Nov 11, 2017 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Marketplace insurance when dependent child gains employment
Replies: 5
Views: 402

Re: Marketplace insurance when dependent child gains employment

Is he a member of the "tax household"? See IRS Instructions for 8965: "Tax household. For purposes of Form 8965, your tax household generally includes you, your spouse (if filing a joint return), and any individual you claim as a dependent on your tax return. It also generally includes each individu...