Search found 29 matches

by slamfire
Thu Jul 11, 2019 10:21 pm
Forum: Investing - Theory, News & General
Topic: Dividends Frequency: US vs International
Replies: 2
Views: 544

Dividends Frequency: US vs International

Earlier today, I was wondering why a Total International Stock Market Index Fund typically has a high Q2/Q4 dividends and a low Q1/Q3 dividends. Whereas, a Total US Stock Market Index Fund has relatively consistent dividends. After a little bit of research, I think that occurs because most internati...
by slamfire
Sat May 04, 2019 6:51 pm
Forum: Personal Investments
Topic: Combining Roth IRAs from different sources?
Replies: 13
Views: 855

Re: Combining Roth IRAs from different sources?

And thanks all who answered my original question. As many of you alluded to, I'm pretty sure I got this confused with traditional IRAs. So to summarize what's been said in this forum thread, you only need to TRADITIONAL IRAs separate if you have an IRA from a 401k rollover. -IRAs from 401k rollovers...
by slamfire
Sat May 04, 2019 6:44 pm
Forum: Personal Investments
Topic: Combining Roth IRAs from different sources?
Replies: 13
Views: 855

Re: Combining Roth IRAs from different sources?

If you take money out before you are 59.5 (and the IRA is 5 years old) you will need the records to figure out what part of the money (if any) is taxable and/or has a penalty for early withdrawal. The 5498 forms are good for your contributions. But there should be something for your rollover/conver...
by slamfire
Sat May 04, 2019 6:30 pm
Forum: Personal Investments
Topic: Combining Roth IRAs from different sources?
Replies: 13
Views: 855

Re: Combining Roth IRAs from different sources?

There is no reason that I know of (currently) to keep them separate. However, you do need to know how and when money got into your Roth IRA. The separation may help you remember this. Or you can combine them and keep good records. I assume keeping IRS form 5498 (IRA Contributions Information) for e...
by slamfire
Sat May 04, 2019 12:35 am
Forum: Personal Investments
Topic: Combining Roth IRAs from different sources?
Replies: 13
Views: 855

Combining Roth IRAs from different sources?

I vaguely recall reading that you should keep your Roth IRAs separate if they came from different sources. Is this true? Am I misremembering something? I currently have two Roth IRAs I have a $30k Fidelity Roth IRA that was created last year from a pre-tax 401k to Roth IRA conversion. (This was a pa...
by slamfire
Mon Mar 25, 2019 10:41 am
Forum: Personal Finance (Not Investing)
Topic: IRS to lower 2018 safe harbor withholding threshold to 85% [2018 only]
Replies: 30
Views: 4363

Re: IRS to lower 2018 safe harbor withholding threshold to 85% [2018 only]

... There appears to be no need for equal payments, nor meeting the 85% level each tax quarter... This appears to also be my understanding per the IRS's Instructions for Form 2210 , but could anyone else confirm? I'm in this same situation and was hoping someone else could confirm before I submit m...
by slamfire
Mon Mar 25, 2019 10:26 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block: 1099-INT not showing up on Schedule B
Replies: 10
Views: 1122

Re: H&R Block: 1099-INT not showing up on Schedule B

Thanks for the help neurosphere. To anyone else who had this question, I'm not sure what the right answer here is but the interest forms showed up in Schedule B whenever I inputed my taxes exactly the same into TurboTax Premier desktop edition. I speculate the H&R Block FreeFile tax preparation soft...
by slamfire
Sun Mar 24, 2019 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block: 1099-INT not showing up on Schedule B
Replies: 10
Views: 1122

Re: H&R Block: 1099-INT not showing up on Schedule B

I guess your question is whether you need to report taxable interest on scheduled B that's under $1500 if dividends are over $1500. I don't know the answer to that offhand, as I like to report all dividends and interest on schedule B even if not required, just, um, just because. :) Yes, that is my ...
by slamfire
Sun Mar 24, 2019 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block: 1099-INT not showing up on Schedule B
Replies: 10
Views: 1122

Re: H&R Block: 1099-INT not showing up on Schedule B

Does anyone know the answer to this? I'm having the exact same problem. Is this a bug with H&R block free file or is this correct procedure? I have ~$1000 of interest and ~$3000 of dividends and am also using H&R block free file. Part 1 of my schedule B (the interest part) is blank but Part 2 of my ...
by slamfire
Sat Mar 23, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Credit form 1116 question
Replies: 4
Views: 343

Re: Foreign Tax Credit form 1116 question

I was assuming that if you tax loss harvested from an international mutual fund, you would put your total losses from 1099-B here. I guess you're saying that when I sold my U.S. based Vanguard mutual fund shares at a loss, I was actually selling my mutual shares at a loss in the U.S. so that's why i...
by slamfire
Sat Mar 23, 2019 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Foreign Tax Credit form 1116 question
Replies: 4
Views: 343

Foreign Tax Credit form 1116 question

You are normally limited to $3k of capital losses in schedule D of your 1040. Does anyone know why do you include ALL of your foreign losses on line 5 in Part 1 of Foreign Tax Credit form 1116 ? This is my first time filling out Tax Form 1116 and I just wanted to make sure I was filing out that fiel...
by slamfire
Wed Feb 20, 2019 1:15 pm
Forum: Investing - Theory, News & General
Topic: Which shares to sell when tax loss harvesting? Short-term shares with a small loss per share?
Replies: 3
Views: 391

Re: Which shares to sell when tax loss harvesting? Short-term shares with a small loss per share?

Livesoft, Can you clarify the reasoning on why someone would want sell all their shares with unrealized losses? Is it because unrealized losses (in a 3 fund portfolio) will eventually turn into unrealized gains? I assume you want to take advantage of losses before the opportunity disappears. In this...
by slamfire
Tue Feb 19, 2019 11:20 pm
Forum: Investing - Theory, News & General
Topic: Which shares to sell when tax loss harvesting? Short-term shares with a small loss per share?
Replies: 3
Views: 391

Which shares to sell when tax loss harvesting? Short-term shares with a small loss per share?

Since I use Specification Identification as my cost basis method, I have the following share types available to tax loss harvest A) Short-term, large loss per share B) Short-term, small loss per share C) Long-term, large loss per share D) Long-term, small loss per share If I tax loss harvest to redu...
by slamfire
Tue Dec 11, 2018 8:44 pm
Forum: Personal Investments
Topic: In order to not receive a dividend, what date do I need to SELL a mutual fund on?
Replies: 19
Views: 1751

Re: In order to NOT receive a dividend, what date do I need to sell a mutual fund on?

Livesoft/ Longdog, Oh ok I understand now. Thanks for clearing that up. Does this from 2010 help? -> https://www.bogleheads.org/forum/viewtopic.php?t=65205 longdog is probably not completely correct based on that thread. Okay - I stand corrected. To get the dividend you need to own the shares at the...
by slamfire
Tue Dec 11, 2018 7:30 pm
Forum: Personal Investments
Topic: In order to not receive a dividend, what date do I need to SELL a mutual fund on?
Replies: 19
Views: 1751

Re: In order to NOT receive a dividend, what date do I need to sell a mutual fund on?

Livesoft,
viewtopic.php?t=65205 answers how to avoid a dividend when BUYING. I am asking how to avoid a dividend when SELLING. I think they have different answers.
by slamfire
Tue Dec 11, 2018 5:45 pm
Forum: Personal Investments
Topic: In order to not receive a dividend, what date do I need to SELL a mutual fund on?
Replies: 19
Views: 1751

In order to not receive a dividend, what date do I need to SELL a mutual fund on?

In order to NOT receive a dividend, what date do I need to sell a Vanguard mutual fund on? 1) For example, Total Stock Market Index Admiral VTSAX has a "2018 declaration date/record date" of 12/20 (according to http://vanguard.com/pdf/RET891511_122018_final.pdf). a) If I sell VTSAX before 4pm EST on...
by slamfire
Tue Dec 11, 2018 4:34 pm
Forum: Investing - Theory, News & General
Topic: Updated Vanguard Estimated Year-End Distributions (Div & CG)
Replies: 58
Views: 5533

Re: Updated Vanguard Estimated Year-End Distributions (Div & CG)

In order to NOT receive the dividend, what date do I need to sell the mutual fund on?

For example, Total Stock Market Index Admiral VTSAX has a "2018 declaration date/record date" of 12/20. If I sell VTAX before 4pm EST on 12/19, will I receive the Q4 dividend?
by slamfire
Thu Dec 14, 2017 2:56 pm
Forum: Investing - Theory, News & General
Topic: Ensuring I don't buy the dividend
Replies: 28
Views: 2069

Re: Ensuring I don't buy the dividend

Thank you very much. I apologize for creating this duplicate thread.
by slamfire
Thu Dec 14, 2017 2:54 pm
Forum: Investing - Theory, News & General
Topic: Ensuring I don't buy the dividend
Replies: 28
Views: 2069

Ensuring I don't buy the dividend

When is the earliest I can purchase a mutual fund without accidentally buying the dividend? The day after the declaration date/record date? Using the link below, I assume I can buy Total International Stock Index Admiral VTIAX and Total Stock Market Index Admiral VTSAX on 12/20 this year without acc...
by slamfire
Mon Oct 30, 2017 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Medical payment gifting when above the annual exclusion gift amount
Replies: 3
Views: 547

Medical payment gifting when above the annual exclusion gift amount

I have gifted the maximum annual exclusion amount ($14,000) to my adult children this year but would also like to pay for their qualified medical expenses. However, I am never physically present when they need to pay qualified medical expenses that are due at the time of service. This prevents me fr...
by slamfire
Sun Oct 29, 2017 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: How to choose an estate lawyer
Replies: 37
Views: 3209

How to choose an estate lawyer

I'm sorry if this is a dumb question but what's best way to go about choosing an estate planning lawyer?
I live in a large city and I have an overwhelming amount of choices.
by slamfire
Sun Oct 29, 2017 10:06 am
Forum: Personal Investments
Topic: Recharacterizating a Roth IRA to a traditional IRA???
Replies: 3
Views: 483

Re: Recharacterizating a Roth IRA to a traditional IRA???

Thank you very much for all the good information!

I now realize that, though the traditional IRA would push me back into the 15% tax bracket, the capital gains would spill over into the 25% tax bracket.

As you state, I will watch it until Oct of next year to see if the market drops.
by slamfire
Fri Oct 27, 2017 4:18 pm
Forum: Personal Investments
Topic: Recharacterizating a Roth IRA to a traditional IRA???
Replies: 3
Views: 483

Recharacterizating a Roth IRA to a traditional IRA???

On January 1 of this year, I contributed $5,500 to my Vanguard Roth IRA. It has gained ~$870 in value since the beginning of the year. As of right now, I am in the bottom of the 25% tax bracket and will be fully taxed on my 2017 qualified dividends. When tax season rolls around, I will have to pay ~...
by slamfire
Sun Oct 22, 2017 7:07 pm
Forum: Investing - Theory, News & General
Topic: Table 11.3 of The Bogleheads' Guide to Investing
Replies: 4
Views: 849

Table 11.3 of The Bogleheads' Guide to Investing

In Table 11.3 in The Bogleheads' Guide to Investing book, why are there zero taxes due on withdrawal in the "Bonds in Taxable" column? Could someone please explain? https://i.imgur.com/viu3gnh.jpg Table 11.2 and table 11.3 are supposed to illustrate why bonds should be placed in tax-deferred account...
by slamfire
Thu Sep 28, 2017 3:06 pm
Forum: Investing - Theory, News & General
Topic: Financial History Books
Replies: 15
Views: 2132

Re: Financial History Books

Thank you all for the suggestions. I've ordered several of the books listed and have bookmarked all the links you guys sent. Thanks again.
by slamfire
Mon Sep 25, 2017 6:23 pm
Forum: Investing - Theory, News & General
Topic: Financial History Books
Replies: 15
Views: 2132

Financial History Books

Can anyone provide a book recommendations about the history of finance and marketplaces? In addition, does anyone have book recommendations that focus on one of the following crisis? 1) Japan's lost decade(s) 2) The Great Depression 3) US 1970's stagflation I'm obviously looking for books that have ...
by slamfire
Thu Mar 30, 2017 8:24 pm
Forum: Personal Investments
Topic: Investing 401k contributions and company match differently?
Replies: 10
Views: 1088

Re: 401k sources - difference between company match and contributions if 100% vested

My 401k allows me to contribute pre-tax and Roth amounts. I do both. I was wondering if my "employer match (pre-tax)" contributions are treated any differently than my "pre-tax" contributions. Otherwise why would they separate the "pre-tax" and "employee match (pre-tax)" contributions as different s...
by slamfire
Thu Mar 30, 2017 2:37 pm
Forum: Personal Investments
Topic: Investing 401k contributions and company match differently?
Replies: 10
Views: 1088

Investing 401k contributions and company match differently?

Whenever I try to exchange one of my 401k investments for another 401k investment, it asks which share "sources" I want to exchange. It lists “pre-tax”, “employer match” and “Roth” as source choices. If I am 100% vested and the employer match is 100% pre-tax, is any difference between selling “pre-t...