Search found 8857 matches

by Silk McCue
Mon Mar 18, 2024 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: IRS says I owe it money, but I don't
Replies: 28
Views: 3386

Re: IRS says I owe it money, but I don't

effillus wrote: Sun Mar 17, 2024 8:43 pm This is for '23 taxes filed here in '24.
It seems extremely unlikely that the IRS would be contacting about taxes due on your 2023 taxes already. Something isn’t right here.

Cheers
by Silk McCue
Mon Mar 18, 2024 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Use RMD to pay taxes
Replies: 21
Views: 1288

Re: Use RMD to pay taxes

I do this every year. I have no taxes taken out of my SS check and then at the end of the year I take a lump sum RMD and have enough tax taken out to equal last year's tax payment. Then I settle up in April if more is owed. This avoids any penalty for underpayment. I think you have to do take a yearly lump sum payment to take advantage of this but I'm not positive about that. There is no requirement about how many, much or often one does this (exception: must pay enough to satisfy safe harbor rules). It all appears on your 1099-R as "withholding". I do the same thing... the only downside is that if you forget or inconveniently die before you pay, it leaves the poor ying who files your last tax return scrambling to pay the bill. I...
by Silk McCue
Mon Mar 18, 2024 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Analysis for a trade to protect downside.
Replies: 6
Views: 327

Re: Analysis for a trade to protect downside.

We are Bogleheads. Not BoogleHeaders.

We aren’t here to validate ChatGPT or other AI engines.

If you have a question on a subject please ask it and others will be glad to help.

Cheers
by Silk McCue
Mon Mar 18, 2024 2:03 pm
Forum: Personal Investments
Topic: Traditional IRA and Backdoor Roth?
Replies: 4
Views: 266

Re: Traditional IRA and Backdoor Roth?

Welcome to Bogleheads.

Existing balances in any form of a tax deferred IRA interferes with performing a Backdoor Roth as it brings the pro rata rule into play.

To enable Backdoor Roths you would need to roll them into an employer plan such that you have a zero balance in any an all IRAs (Tradirional, Simple, SEP) on 12/31 of the year in which you perform the Backdoor process.

Please take time to read our wiki on the subject.

https://www.bogleheads.org/wiki/Backdoor_Roth

Cheers
by Silk McCue
Mon Mar 18, 2024 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Use RMD to pay taxes
Replies: 21
Views: 1288

Re: Use RMD to pay taxes

She absolutely can do so and doing so in December is considered timely as it is done via withholding. If she gives to charity she can do so via a Qualified Charitable Distribution (QCD) up to $105k for 2024. If she gives charitably this could help to reduce her tax bill as less of her income would be taxed.

Cheers
by Silk McCue
Mon Mar 18, 2024 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Value of Suspended Spousal Benefit
Replies: 15
Views: 1558

Re: Value of Suspended Spousal Benefit

Enter your joint information into Opensocialsecurity.com and it will show you the optimal claiming strategy as it handles every possible scenario. It was created by member Mike Piper and is an expert on the topic and speaks regularly at our conferences.

If the optimal solution includes doing what you propose it will show that. I would say the likelihood of that is slim but you will at least know that.

Www.Opensocialsecurity.com

Cheers
by Silk McCue
Mon Mar 18, 2024 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Online Social Security application [question]
Replies: 17
Views: 1173

Re: Online Social Security application [question]

You have filed correctly. The check comes the following month and provides her with the full age 70 benefit.
The SSA issues checks a month behind, so your benefits should start arriving the month after the month you turned 70. For example, if you were born July 17, you should ask that your benefits start in July and your first check will come in August.
Cheers
by Silk McCue
Sun Mar 17, 2024 11:16 am
Forum: Personal Investments
Topic: Inherited IRA - Transfer in kind
Replies: 28
Views: 3061

Re: Inherited IRA - Transfer in kind

Ryan1 wrote: Sun Mar 17, 2024 8:39 am When you take an in-kind distribution from a Traditional IRA account, and certain other types of retirement accounts, I am confident that the correct answer is that the basis of the distributed assets is their value at the time of the distribution.

What I am not confident of is whether or not this same basis rule applies to INHERITED IRAs.

And I did not see any definitive answer to this in this thread. Anyone know the answer to this and have a source for it?

Thank you.
There is no difference. It has nothing to do with being Inherited. Its because its an IRA and not a Taxable account.

Cheers
by Silk McCue
Sat Mar 16, 2024 8:14 pm
Forum: Personal Consumer Issues
Topic: Grass seed or plugs for bare patches
Replies: 4
Views: 708

Re: Grass seed or plugs for bare patches

I would say that would depend upon the type of grass, soil conditions etc.

Cheers
by Silk McCue
Sat Mar 16, 2024 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Reevaluating social security
Replies: 49
Views: 4195

Re: Reevaluating social security

gunny2 wrote: Sat Mar 16, 2024 6:52 pm Frankly after messing around with that site more, I don't put much stock in it if any......
That suggests you may not appreciate how others utilize it to properly consider the recommendations and alternatives within the full scope of retirement planning. Lots of variability out there.

Cheers
by Silk McCue
Sat Mar 16, 2024 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: Value of Suspended Spousal Benefit
Replies: 15
Views: 1558

Re: Value of Suspended Spousal Benefit

If I understand your question correctly File and Suspend is no longer a filing option.

From member Mike Piper (obliviousinvestor)

https://thechicagofinancialplanner.com/ ... -strategy/

Cheers
by Silk McCue
Sat Mar 16, 2024 5:01 pm
Forum: Personal Investments
Topic: Is there any way to convert a deductible IRA to 'backdoor' Roth IRA?
Replies: 3
Views: 393

Re: Is there any way to convert a deductible IRA to 'backdoor' Roth IRA?

What you describe is not a Backdoor Roth but rather simply a Roth conversion.

Cheers
by Silk McCue
Sat Mar 16, 2024 8:51 am
Forum: Personal Investments
Topic: Back door Roth questions
Replies: 11
Views: 713

Re: Back door Roth questions

No need to close the IRA. It just needs to have a zero balance on 12/31. You can reuse it every year.

If you haven’t done so already please read our Wiki on the topic. Which includes info on reporting this on your tax return. Form 8606.

https://www.bogleheads.org/wiki/Backdoor_Roth

Cheers
by Silk McCue
Thu Mar 14, 2024 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Open Social Security - 1st Year Benefits
Replies: 12
Views: 1256

Re: Open Social Security - 1st Year Benefits

Benefits are paid in arrears. So you earn the benefit in Month X and are paid in X+1. Start dates are confusing which is where the "month after 62nd" birthday comes from. The important rules are: - You "attain" a particular age on the day before your birthday. So, if you are born on May 1, you will attain age 62 on April 30. - You are eligible for a benefit on the first month that you are a particular age through the entire month. So if you are born on the 1st or 2nd of the month, you are eligible to start in that month. If you are born on the 3rd or later, you are eligible in the month after. But for normal (aka full) retirement age or just determining your age when fililng, it's the month you attain that age, but you ...
by Silk McCue
Thu Mar 14, 2024 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Open Social Security - 1st Year Benefits
Replies: 12
Views: 1256

Re: Open Social Security - 1st Year Benefits

The benefit for each month is paid out the following month. It’s just the way it’s implemented. You will receive x months worth of benefit but the December benefit will be received in January.

Cheers
by Silk McCue
Thu Mar 14, 2024 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Travel Medical Insurance for Europe Trip
Replies: 16
Views: 1426

Re: Travel Medical Insurance for Europe Trip

We recently purchased from GeoBlue for a trip to New Zealand after finding references to them here. I found them by reviewing prior threads on this site. It also included $100k for medical evacuation. That was already covered by our Chase Sapphire Reserve card.

Cheers
by Silk McCue
Thu Mar 14, 2024 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Filing taxes for Roth IRA re-charaterization and conversion
Replies: 6
Views: 474

Re: Filing taxes for Roth IRA re-charaterization and conversion

There will be no 1099 for the conversion this year as it occurred in 2024. You will receive it in 2025 and report the conversion then.

Please take time to read our Wiki on the topic including the section on form 8606.

https://www.bogleheads.org/wiki/Backdoor_Roth

Cheers
by Silk McCue
Tue Mar 12, 2024 7:51 pm
Forum: Personal Consumer Issues
Topic: Auto insurance in Scotland / UK
Replies: 5
Views: 665

Re: Auto insurance in Scotland / UK

We use our Chase Sapphire Reserve card to cover trip cancellation, evacuation and car rental insurance. The Chase Sapphire Preferred card also has coverage with a lower annual fee.

See this article

https://thepointsguy.com/credit-cards/c ... insurance/

Cheers
by Silk McCue
Mon Mar 11, 2024 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: What's your primary credit card?
Replies: 117
Views: 10251

Re: What's your primary credit card?

azanon wrote: Mon Mar 11, 2024 9:56 am Alliant Visa Signature - 2.5% cash back on all purchases.
Ditto on the Alliant Visa Signature 2.5% cashback.

Cheers
by Silk McCue
Mon Mar 11, 2024 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part A and prescsription drug discount cards / coupons
Replies: 5
Views: 476

Re: Medicare Part A and prescsription drug discount cards / coupons

We’re just ignoring the language. No reason to waste money by not using GoodRx or other discount options. No one is checking and no one cares including pharmacies.

Cheers
by Silk McCue
Mon Mar 11, 2024 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 Received Many Years After Death
Replies: 8
Views: 1665

Re: 1099 Received Many Years After Death

MarkNYC wrote: Sat Mar 09, 2024 10:22 am The proper procedure would be to file a 2023 estate income t/r to show the $9k received and then distributed to you. This can be done even though the 2021 1041 was marked as a "final" return.
It’s 2001 not 2021.

Cheers
by Silk McCue
Sun Mar 10, 2024 8:01 pm
Forum: Personal Investments
Topic: Alert when cash available for withdrawal
Replies: 8
Views: 1115

Re: Alert when cash available for withdrawal

drew_eol wrote: Sun Mar 10, 2024 7:35 pm Found that the Vanguard scheduled withdrawal feature might do what I looking for. Its allows you to schedule a fixed amount withdrawal, withhold taxes, and transfer to my bank account. Withdrawal/transfer notifications would be just fine in this case.

I do wonder what happens if the settlement fund has insufficient cash to cover the fixed withdrawal amount.
It will most assuredly fail to process.

Cheers
by Silk McCue
Sun Mar 10, 2024 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Sale of property & Roth IRA Income Limits
Replies: 2
Views: 308

Re: Sale of property & Roth IRA Income Limits

Yes it counts towards MAGI.

Cheers
by Silk McCue
Sat Mar 09, 2024 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: tIRA to Roth IRA conversion and tax form
Replies: 8
Views: 1279

Re: tIRA to Roth IRA conversion and tax form

This is commonly referred to as a Backdoor Roth and is covered in detail in the wiki page linked below.

https://www.bogleheads.org/wiki/Backdoor_Roth

Look at the section regarding tax form 8606. It covers your scenario which is common.

Cheers
by Silk McCue
Sat Mar 09, 2024 9:14 pm
Forum: Investing - Theory, News & General
Topic: No longer in a high deductible insurance plan: impact on current HSA
Replies: 3
Views: 590

Re: No longer in a high deductible insurance plan: impact on current HSA

The type of insurance you have at anytime in the future will have no impact on your ability to get reimbursements from your previously funded HSA including expenses that occur in the future.

No one in their right mind would do so if that was the case.

Cheers
by Silk McCue
Sat Mar 09, 2024 8:17 am
Forum: Personal Finance (Not Investing)
Topic: When did "gift" become a verb?
Replies: 14
Views: 849

Re: When did "gift" become a verb?

What to Know
Gift as a verb has a 400-year history of use and means “to present someone with a gift.” Some feel strongly that give is the correct word, but gift-as-a-verb is an acceptable and efficient alternative. Since the 1990s the word has surged in popularity, perhaps in part because of a well-known Seinfeld episode concerning “regifting” and “degifting.”
https://www.merriam-webster.com/grammar ... 20a%20Verb

Cheers
by Silk McCue
Sat Mar 09, 2024 7:22 am
Forum: Personal Investments
Topic: To insure or not insure? [postal insurance when mailing investment instrument]
Replies: 6
Views: 971

Re: To insure or not insure?

FENDERSTRYKER75 wrote: Fri Mar 08, 2024 9:54 pm
Silk McCue wrote: Fri Mar 08, 2024 8:14 pm Wouldn’t a copy of the bond have been sufficient in case of loss. How much did you insure it for?

Cheers
I don't believe a copy is allowed. When you convert, it states to package the bond with the manifest. $1000 was insured and cost me $20.
The copy would have been used to document the original bond in case of loss of the original.

Cheer
by Silk McCue
Fri Mar 08, 2024 8:14 pm
Forum: Personal Investments
Topic: To insure or not insure? [postal insurance when mailing investment instrument]
Replies: 6
Views: 971

Re: To insure or not insure?

Wouldn’t a copy of the bond have been sufficient in case of loss. How much did you insure it for?

Cheers
by Silk McCue
Fri Mar 08, 2024 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: feeling stuck with kid expenses and this phase of life
Replies: 61
Views: 7381

Re: feeling stuck with kid expenses and this phase of life

We are 63/65 and in our 4th year of retirement. We were never able to have kid expenses.

It’s all about perspective.

Cheers
by Silk McCue
Fri Mar 08, 2024 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to make sure 2024 does not add 2 RMD on one 1099
Replies: 5
Views: 432

Re: How to make sure 2024 does not add 2 RMD on one 1099

There is one 1099 for the account. The 1099 doesn’t show the RMD but rather shows the amount withdrawn during the year. It is up to the taxpayer to properly document that on the tax return.

Cheers
by Silk McCue
Fri Mar 08, 2024 11:10 am
Forum: Personal Investments
Topic: One big charitable contribution to DAF
Replies: 7
Views: 588

Re: One big charitable contribution to DAF

We funded our DAF to support the first 8 years of retirement giving in 2020. At that point we will utilize QCDs (Qualified Charitable Distributions) from our IRAs through the end of our joint lives as currently planned. It is an exceptionally tax efficient approach for us.

Cheers
by Silk McCue
Wed Mar 06, 2024 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: FireCalc.Com Question
Replies: 19
Views: 1811

Re: FireCalc.Com Question

catchinup wrote: Wed Mar 06, 2024 7:02 pm
Silk McCue wrote: Mon Mar 04, 2024 12:40 pm Firecalc has no knowledge of your tax rates. Spending should be all inclusive total expense which includes taxes.

Cheers
I'm glad I saw this. I recently tried out Firecalc and was not aware I needed to give it pretax expenses. To estimate my expenses, I average my cash outflow. To get the before tax equivalent, I guess I'd have to back into it starting with the estimated annual cash outflow?
My original quote above should be clear. Total spend including any state and federal taxes.

In our 4th year of retirement ages 63/65 our annual gross spend this year will be 125k utilizing income streams and investment withdrawals. That $125k spend includes a bit north of $10k federal taxes.

I hope that makes it clear.

Cheers
by Silk McCue
Wed Mar 06, 2024 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Donating appreciated stock
Replies: 11
Views: 675

Re: Donating appreciated stock

The rule does not change. You get full credit for market value on the date of transfer.

Cheers
by Silk McCue
Mon Mar 04, 2024 8:06 pm
Forum: Personal Consumer Issues
Topic: What to do?? [Vanguard warning about closing account for calling too frequently]
Replies: 74
Views: 6822

Re: What to do??

Exactly how often do you call them? About how many times did you call them last year and year to date this year? I am not asking to make you responsible but rather to get a sense of the volume. If it is very high and outside of norms for other clients with your status they may have thresholds that they evaluate customers on.

Cheers
by Silk McCue
Mon Mar 04, 2024 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: FireCalc.Com Question
Replies: 19
Views: 1811

Re: FireCalc.Com Question

Cfiresim.com is another good tool and written by a member here.

Cheers
by Silk McCue
Mon Mar 04, 2024 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: FireCalc.Com Question
Replies: 19
Views: 1811

Re: FireCalc.Com Question

Firecalc has no knowledge of your tax rates. Spending should be all inclusive total expense which includes taxes.

Cheers
by Silk McCue
Sun Mar 03, 2024 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Open Social Security Question: When It Says to Take Benefits
Replies: 22
Views: 2373

Re: Open Social Security Question: When It Says to Take Benefits

Unless you make a change to the life table use that Standard SS table is used. If you selected a different Mortality that better reflects your health as being better than the population average I expect you might be recommended to take at 70. The current high discount rate used for calculations can also result in earlier claiming recommendations. Cheers I had a similar question to the OP. I'm 64. I've checked optimal SS claiming dates with Open Social Security several times over the past 5 years. It's always recommended a date right before I turn 70. Tried it again recently and it recommends starting SS a few months after I turn 65. Changing interest rates can cause this much of a difference? Francis If you are single it could. That doesn’...
by Silk McCue
Fri Mar 01, 2024 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Open Social Security Question: When It Says to Take Benefits
Replies: 22
Views: 2373

Re: Open Social Security Question: When It Says to Take Benefits

Unless you make a change to the life table use that Standard SS table is used. If you selected a different Mortality that better reflects your health as being better than the population average I expect you might be recommended to take at 70. The current high discount rate used for calculations can also result in earlier claiming recommendations.

Cheers
by Silk McCue
Fri Mar 01, 2024 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: Open Social Security Question: When It Says to Take Benefits
Replies: 22
Views: 2373

Re: Open Social Security Question: When It Says to Take Benefits

The benefit goes up every mont that you delay up to age 70.

Opensocialsecurity is accurate with its calculations. The SS slider isn’t. Don’t use it.

Cheers
by Silk McCue
Sat Feb 24, 2024 12:21 am
Forum: Personal Investments
Topic: Roth to traditional IRA recharacterization - is it not allowed?
Replies: 7
Views: 1145

Re: Roth to traditional IRA recharacterization - is it not allowed?

Recharacterizing a Roth contribution to Traditional IRA is allowed.

Had you actually converted a Traditional IRA to a Roth that is what can no longer be reversed.

You are good to go with the recharacterization. The process should be completed within a couple of days. I would do that first. When filing you just report the contribution as being to a tIRA because at that point it as if the contribution went there originally.

Cheers
by Silk McCue
Wed Feb 21, 2024 3:33 pm
Forum: Personal Investments
Topic: roth conversion questions
Replies: 5
Views: 883

Re: roth conversion questions

Once 5 years has passed since opening your first Roth via contribution or conversion and being 59.5 years old you have full access to all funds without restrictions.

Cheers
by Silk McCue
Wed Feb 21, 2024 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Purposely deducting as little tax as possible each paycheck
Replies: 17
Views: 1601

Re: Purposely deducting as little tax as possible each paycheck

No it won’t work out positively for you. IRS rate is 8%.

Underpayment (corporate and non-corporate) 8%

Here is the reference.

https://www.irs.gov/payments/quarterly-interest-rates

You could come out ahead by withholding very little until late in the year when you would withhold substantial taxes in an appropriate number of paychecks to cover the total amount due without incurring any penalty.

Cheers
by Silk McCue
Sun Feb 18, 2024 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: 2023 Backdoor Roth - 0.81 cents dividend for 1 day
Replies: 20
Views: 2110

Re: 2023 Backdoor Roth - 0.81 cents dividend for 1 day

SubPar, Silk McCue, Retiredjg and Magicrat Thank you for the guidance (and education). I will make the 0.81c conversion and make a note at the end of the year to make sure the Traditional Roth accounts are empty. Thank you Cindy Thought I would circle back on this ... I followed the advice above last year and now Turbo Tax flagging it as an issue for my 2023 Tax Return. I'm still happy to pay the tax on 0.81c if that is the max that is due. I paid for / spoke to Turbo Tax Live Assistance and they told me that I have to call Fidelity and tell them to put the 0.81c back in my Traditional IRA as there will be a bunch of paperwork. Now I'm confused :-( It’s just a simple 81 cent conversion. Just report that and pay the additional dime in on th...
by Silk McCue
Wed Feb 14, 2024 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: How does a married couple try to lower potential taxes in retirement?
Replies: 20
Views: 2055

Re: How does a married couple try to lower potential taxes in retirement?

$8k is the contribution limit for those aged 50 years and up and requires sufficient earned income in order to do so. However, you can convert as much as you want/makes sense for you.

Cheers
by Silk McCue
Tue Feb 13, 2024 11:58 am
Forum: Personal Finance (Not Investing)
Topic: RMD's - Calendar Year Sequencing
Replies: 56
Views: 3827

Re: RMD's - Calendar Year Sequencing

Take a look at this response from our expert Alan S. in regard to Roth conversions prior to RMD from a current thread. It addresses a good portion of your questions. https://www.bogleheads.org/forum/viewtopic.php?p=7706360#p7706360 Following is a copy of the actual IRS Regulation stating that in an RMD distribution year, the first distribution is applied to the RMD: IRS Reg 1.402(c)(2) QA 7: When is a distribution from a plan a required minimum distribution under section 401(a)(9)? A–7: (a) General rule. Except as provided in paragraphs (b) and (c) of this Q&A, if a minimum distribution is required for a calendar year, the amounts distributed during that calendar year are treated as required minimum distributions under section 401(a)(9)...
by Silk McCue
Mon Feb 12, 2024 8:44 pm
Forum: Personal Investments
Topic: should i pay off a car at 1.9% or invest in a cd at 5.5%
Replies: 67
Views: 6286

Re: should i pay off a car at 1.9% or invest in a cd at 5.5%

Squirrel208 wrote: Mon Feb 12, 2024 8:21 pm
KDM302a1 wrote: Mon Feb 12, 2024 7:09 pm Car is a 21 with 30k miles on it and I still owe $17k @ 1.9%. I can pay it off but thought it better to put in a 5.5%cd. Thoughts?
Wealthy people don't get that way by financing the purchase of depreciating assets. <shrugs>
I trust you realize that everyone here isn’t wealthy and that most attained that wealth further down the road of life unless they were born into it.

Cheers
by Silk McCue
Mon Feb 12, 2024 5:11 pm
Forum: Personal Investments
Topic: Undo Backdoor Roth IRA?
Replies: 5
Views: 567

Re: Undo Backdoor Roth IRA?

You can no longer undo a Roth Conversion since tax year 2018.

Cheers
by Silk McCue
Mon Feb 12, 2024 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Collecting Survivor Benefits while New Spouse Working
Replies: 4
Views: 480

Re: Collecting Survivor Benefits while New Spouse Working

Her employment income has nothing to do with your gross SS benefit.

Cheers
by Silk McCue
Mon Feb 12, 2024 4:54 am
Forum: Personal Finance (Not Investing)
Topic: Should I say no to my first federal job?
Replies: 65
Views: 7483

Re: Should I say no to my first federal job?

gips wrote: Mon Feb 12, 2024 2:46 am “ My wife thinks my daughter will be depressed if i leave her for the job. It is hard for me to say no for a federal job. Should I take this federal job at ohio?”

The op didn’t say leave Texas for the job, he said “leave her” for the job, so it seems to me that the marriage is in the wind and op is asking if this job is a rationale to end the marriage.
In context “leave her for the job” seems to mean the child will see him as leaving her (the child).

Cheers