Search found 167 matches

by lstone19
Fri Nov 16, 2018 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 48
Views: 5223

Re: Amazon says TurboTax 2018 will be released November 12

I bought Home & Business Macintosh Download earlier this week. Amazon now has CD unavailable with no price and downloads not even offered. The only thing I see as available are the federal only products (no included state). I wonder if the complaints of the Fed+State version telling you you need to ...
by lstone19
Fri Nov 16, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 48
Views: 5223

Re: Amazon says TurboTax 2018 will be released November 12

https://www.fidelity.com/tax-information/turbotax-discount/overview I was looking at the Fidelity ‘discount’ page, not the not-yet-available free offer, and saw that I could “start now” and not pay until I file. Does this mean I can do all the analysis now on TurboTax and just wait to file until I ...
by lstone19
Thu Nov 15, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 48
Views: 5223

Re: Amazon says TurboTax 2018 will be released November 12

Is it always this way? This is the first year I've purchased and tried to use Turbotax to help with end of year optimization. But so far finding the product frustrating. Obviously lots of tax changes 2017 vs 2018. Complexities with the QBI deduction. I get that all that may not be "ready to go." Bu...
by lstone19
Wed Nov 14, 2018 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 48
Views: 5223

Re: Amazon says TurboTax 2018 will be released November 12

While there are always things waiting to be finalized into January and sometimes even February, I still find the early versions useful for planning. I can do a lot of it manually but some of the phaseouts can be tricky to do manually. This year, I wanted to see how the QBI deduction worked and make ...
by lstone19
Wed Nov 14, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 48
Views: 5223

Re: Amazon says TurboTax 2018 will be released November 12

Amazon has complaints that the Deluxe including State isn't actually including State and wants you to pay again for the state. Anybody had any experience? I want to do some end-of-year Roth planning as well. Yes, I thought I had this problem as well. This morning I called TurboTax support. I learne...
by lstone19
Tue Nov 13, 2018 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Would you invest CC cashback into market??
Replies: 32
Views: 1503

Re: Would you invest CC cashback into market??

Agreed. Pulled it. left 1K for GC purpose.. They do have staples, sears, Tjmaxx etc for 20 - 25% off all the time. Silk McCue said "staples", not "Staples", meaning the essentials you buy regularly to go through life (e.g. bread, toothpaste, etc.). Amazing how many people in their replies thought h...
by lstone19
Sat Nov 10, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 48
Views: 5223

Re: Amazon says TurboTax 2018 will be released November 12

Not sure what's going on with Amazon right now. I pre-ordered Macintosh Home & Business a week ago. I was charged a few days ago with the email saying it would be available on the release date (which when I ordered was stated as 11/12) - I thought pre-orders won't supposed to be charged until the s...
by lstone19
Sat Nov 10, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 48
Views: 5223

Re: Amazon says TurboTax 2018 will be released November 12

Amazon has complaints that the Deluxe including State isn't actually including State and wants you to pay again for the state. Anybody had any experience? I want to do some end-of-year Roth planning as well. Looks like Amazon has cleared all questions and reviews. A review I saw earlier is now gone...
by lstone19
Sat Nov 10, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Amazon says TurboTax 2018 will be released November 12
Replies: 48
Views: 5223

Re: Amazon says TurboTax 2018 will be released November 12

Not sure what's going on with Amazon right now. I pre-ordered Macintosh Home & Business a week ago. I was charged a few days ago with the email saying it would be available on the release date (which when I ordered was stated as 11/12) - I thought pre-orders won't supposed to be charged until the sh...
by lstone19
Mon Oct 29, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: if then statements (nesting?) in exel?
Replies: 12
Views: 1175

Re: if then statements (nesting?) in exel?

As soxfan99 said. One additional point: no need to say SUM on a single cell since the sum of a single cell is the value of that single cell. SUM only makes sense if you want to sum (add) a range of cells. SUM(A1:A3) is the same as A1+A2+A3. SUM(A1) is just A1 so it's five needless keystrokes.
by lstone19
Wed Oct 10, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: IRA: exchange funds before dividend is paid
Replies: 2
Views: 369

Re: IRA: exchange funds before dividend is paid

No, you did not make a mistake. With most mutual funds, the amount of future dividends is included in the net asset value meaning all else being unchanged, a mutual funds net asset value will drop by exactly the amount of the dividend when it is paid. Even with stocks the same thing is true. If noth...
by lstone19
Fri Sep 21, 2018 6:12 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Full View transition to eMoney
Replies: 151
Views: 17518

Re: Fidelity Full View transition to eMoney

By any chance did you change your status to "retired"? The tool will no longer update your score if you do that. If you want to recalculate your score you must change you status back to still working. Yes I did. Seems like a dumb "feature" - I still want to know where we stand and if we need to mak...
by lstone19
Fri Sep 21, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Full View transition to eMoney
Replies: 151
Views: 17518

Re: Fidelity Full View transition to eMoney

The new Full View impacted my Fidelity Retirement Score (+20 points). I can understand some movement, but that strikes me as a big jump. OTOH, I cannot get Fidelity to update my retirement score no matter what I do. It's stuck on "as of March 2017". By any chance did you change your status to "reti...
by lstone19
Fri Sep 21, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Full View transition to eMoney
Replies: 151
Views: 17518

Re: Fidelity Full View transition to eMoney

TheClash wrote:
Fri Sep 21, 2018 4:04 pm
The new Full View impacted my Fidelity Retirement Score (+20 points). I can understand some movement, but that strikes me as a big jump.
OTOH, I cannot get Fidelity to update my retirement score no matter what I do. It's stuck on "as of March 2017".
by lstone19
Fri Sep 21, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Hubby soon to be laid off
Replies: 74
Views: 7852

Re: Hubby soon to be laid off

Do you know if your husband will receive a severance package as part of the layoff? I was laid off in 2012 at a company I had been at for over 22 years and the package was substantial - it definitely accelerated my retirement plans. If so, might it be enough to get you guys close enough? Yes- 6 wee...
by lstone19
Tue Sep 11, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Reimbursing old HSA expenses from new custodian
Replies: 9
Views: 711

Re: Reimbursing old HSA expenses from new custodian

Having steps in place to prevent you from making a mistake is fine. I recall a thread from a few months ago that implied (at least to me) that there was some custodian out there requiring documentation of every expense with no ability to just say "send me $1234.56". I forget the details of that post...
by lstone19
Tue Sep 11, 2018 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Reimbursing old HSA expenses from new custodian
Replies: 9
Views: 711

Re: Reimbursing old HSA expenses from new custodian

The responsibility for documenting the expenses lies with the HSA owner, not the custodian. While they might provide a place for you to indicate what a distribution is for, they should not be doing any validation or approval of it - if you ask for a distribution, they should just be sending it to yo...
by lstone19
Wed Sep 05, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: How to account for HSA in retirement planning?
Replies: 41
Views: 3290

Re: How to account for HSA in retirement planning?

What you are missing about the math in that thread is that they never account for substantial qualified medical expenses in retirement. They are assuming that the vast majority of HSA distributions will be non-qualified distributions >= age 65 taxed at ordinary income tax rates. That flips reality ...
by lstone19
Tue Sep 04, 2018 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: How to account for HSA in retirement planning?
Replies: 41
Views: 3290

Re: How to account for HSA in retirement planning?

My view is that once the money is in and assuming you will have enough medical expenses to be fully covered by the HSA balance, it is the same moving forward as a Roth IRA. This is a good point but, just to clarify, if a person has a choice of paying for a qualified medical expense by taking a doll...
by lstone19
Tue Sep 04, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: How to account for HSA in retirement planning?
Replies: 41
Views: 3290

Re: How to account for HSA in retirement planning?

Yes I max my HSA and all tax deferred accounts, My dilemma is whether to pay out of pocket for expenses or use HSA. I read that long thread that I referenced above and people have done calculations that show little difference after many years. My view is that once the money is in and assuming you w...
by lstone19
Sun Sep 02, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Displeased with Fidelity Cash / BNY Mellon- debit card theft
Replies: 64
Views: 13524

Re: Displeased with Fidelity Cash / BNY Mellon- debit card theft

I recently received a letter from them telling me that they were going to revert me to paper statements because the emails they sent me bounced. Thing is, I have several emails from them in my Inbox on various subjects; and when I got them on the phone to quiz them about this, I had them send a tes...
by lstone19
Sat Sep 01, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: IRA/Roth withdrawal error
Replies: 5
Views: 308

Re: IRA/Roth withdrawal error

Just take it from the Roth. You will get a 1099-R for both the conversion (code 7 - Normal distribution) and another for the Roth withdrawal (code Q - qualified distribution from a Roth IRA) and both go on your 1040 - $80,000 (total amount) on line 15a but only $40,000 on line 15b (taxable). And tha...
by lstone19
Sat Sep 01, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: IRA/Roth withdrawal error
Replies: 5
Views: 308

Re: IRA/Roth withdrawal error

Adding to my answer (but keeping it separate), I believe (and hopefully someone will confirm): If you mistakenly converted it, you can then just withdraw from the Roth. Since you're over 59-1/2, I don't believe there are any penalties although the five minimum since you first opened a Roth may still...
by lstone19
Sat Sep 01, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: IRA/Roth withdrawal error
Replies: 5
Views: 308

Re: IRA/Roth withdrawal error

It's unclear what you actually did. Did you mistakenly CONVERT the money to the Roth or did you WITHDRAW it from the IRA and then mistakenly deposit it to the Roth? You used the word "exchange" but that term normally means taking money out of one mutual fund and putting it in another within the same...
by lstone19
Tue Aug 28, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: CP2000 Response Help
Replies: 5
Views: 518

Re: CP2000 Response Help

For a response, I plan submit the interest worksheet generated by H&R Block with the two missing accounts highlighted and explain that the total interest originally reported on 1040 8a (taxable interest) adds up correctly with those included. For the 1099-R, I will do a similar thing and submit an ...
by lstone19
Mon Aug 27, 2018 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Unexpected Tax Underpayment - When and how should I pay?
Replies: 23
Views: 1711

Re: Unexpected Tax Underpayment - When and how should I pay?

I'll have to delve into F2210 so see how much of a headache it really is and determine if it's worth saving on penalties. Not as complicated as you think, particularly if you use tax software since a lot of it is just calculations. The main thing that will help you is annualized income and the key ...
by lstone19
Mon Aug 27, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Full View transition to eMoney
Replies: 151
Views: 17518

Re: Fidelity Full View transition to eMoney

I'm still having an issue with multi-factor authentication. FullView recognizes that the site it's linking to requires multi-factor authentication (such as a challenge question or a code from a text message) and shows a box for the answer but I am unable to type the answer in (nothing can be typed i...
by lstone19
Mon Aug 27, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Switching my HDHP To Spouses, Keep HSA
Replies: 6
Views: 373

Re: Switching my HDHP To Spouses, Keep HSA

Another consideration is deductibles. Switching mid-year probably means starting deductibles over. If you've already paid all or a substantial part of your plan's deductible, it may make sense to wait until year-end open enrollment to switch (or have both until year-end since the cost of hers is zer...
by lstone19
Mon Aug 27, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Unexpected Tax Underpayment - When and how should I pay?
Replies: 23
Views: 1711

Re: Unexpected Tax Underpayment - When and how should I pay?

Its just not a big deal. Really. We had an unexpected inherited annuity payout a few years back and were short $123,000 to the IRS. The penalty was a whopping $73. If you would feel better make a payment but folks get a little bent out of shape on these penalties. Your penalty was almost certainly ...
by lstone19
Mon Aug 27, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Unexpected Tax Underpayment - When and how should I pay?
Replies: 23
Views: 1711

Re: Unexpected Tax Underpayment - When and how should I pay?

The IRS quarters are a bit wonky. June through August is the 3rd quarter with 9/15 the due date for a 3rd quarter estimated payment (so don't wait until the end of September thinking that's the end of the quarter). To answer your other questions, there is no form to be completed other than the payme...
by lstone19
Mon Aug 27, 2018 8:28 am
Forum: Personal Finance (Not Investing)
Topic: 401k Contributions/ Catch-up: Companies Bucket Them, Does IRS Care?
Replies: 3
Views: 407

Re: 401k Contributions/ Catch-up: Companies Bucket Them, Does IRS Care?

I'll echo much of the above. When companies make a distinction, it's usually about matching. My wife's employer matches regular contributions but not catch-up (as indicated in your elections). Worse yet, company match is by quarters which don't align with calendar quarters (December is the first mon...
by lstone19
Thu Aug 23, 2018 11:51 am
Forum: Investing - Theory, News & General
Topic: 3 and 6 month tbills with the same CUSIP---same maturity
Replies: 4
Views: 527

Re: 3 and 6 month tbills with the same CUSIP---same maturity

It appears that are scheduled reopenings and unscheduled reopenings. I subscribe to the treasury announcement emails and get alerts about possible unscheduled reopenings. For T-Bills, which are always zero coupon, I assume all T-Bills for which there is already a bill with the scheduled maturity dat...
by lstone19
Thu Aug 23, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: Why aren't distribution estimates available year-round
Replies: 4
Views: 471

Re: Why aren't distribution estimates available year-round

Seems pretty much impossible as the mutual fund providers have zero ability to know what the underlying stocks will do over a day, much less over the course of a year. Of course they don't know what the future is going to bring nor do they now when they put out estimates with 2 to 3 months to go be...
by lstone19
Thu Aug 23, 2018 8:36 am
Forum: Investing - Theory, News & General
Topic: Why aren't distribution estimates available year-round
Replies: 4
Views: 471

Why aren't distribution estimates available year-round

Why is is so difficult for mutual fund companies to calculate distribution estimates that they only do it once per year? It would seem with today's computers it should be no more difficult to calculate a daily estimate of distributions than it is to calculate a daily NAV (which, of course, they do e...
by lstone19
Thu Aug 23, 2018 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Help Me Understand income Taxes
Replies: 9
Views: 1474

Re: Help Me Understand income Taxes

NBKCF wrote:
Wed Aug 22, 2018 8:30 pm
This should yield us a return of: $1,016

Is my return calculated accurately?
Refund, not return. Your tax "return" is the data you send (paper or electronic) to the IRS. Any money you get back from them is a "refund" of overpaid taxes.
by lstone19
Wed Aug 22, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: Fidelity Full View transition to eMoney
Replies: 151
Views: 17518

Re: Fidelity Full View transition to eMoney

I am unable to link any accounts that use multi-factor authentication. I enter the user ID and password and it recognizes that there is a challenge question and has a box for typing in the answer but I am not able to actually type anything in the box (all input is ignored) - same result on two diffe...
by lstone19
Tue Aug 21, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Unequal tax treatment of HSAs and 529s
Replies: 13
Views: 1431

Re: Unequal tax treatment of HSAs and 529s

Then there is the practical reality. From personal experience and anecdotal reports on BH. If your 1099-Q is significantly higher than the beneficiary's 1098-T. You will receive a CP-2000 letter from the IRS assessing income tax and penalties on the difference. The IRS then requires you to prove th...
by lstone19
Mon Aug 20, 2018 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Full View
Replies: 7
Views: 1372

Re: Fidelity Full View

They want you to "relink" accounts which basically means re-enter everything (the old account data just acts as reminder of what accounts you had in there before). For one of my banks, which uses a challenge question on every login, the new FullView asks me the question and has a box for typing in t...
by lstone19
Thu Jun 28, 2018 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is this correct? 5-6 Days Sell VTEB to Checking Account
Replies: 21
Views: 1865

Re: Is this correct? 5-6 Days Sell VTEB to Checking Account

Fidelity has the option that one can setup that anything in the cash sweep account gets automatically swept to one's external bank account. I think stlutz told me about that, so I have the dividends in my Fido account sent automatically this way to my external checking account. Thanks! I wasn't awa...
by lstone19
Thu Jun 28, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Is this correct? 5-6 Days Sell VTEB to Checking Account
Replies: 21
Views: 1865

Re: Is this correct? 5-6 Days Sell VTEB to Checking Account

I have an iShares ETF at Fidelity; I'll consider doing a 1 share sale and see how long it takes to get to my bank. I’m sensing, although I might well be wrong, that you’re thinking that when you sell, the proceeds will be automatically transferred to your bank account. With every brokerage account ...
by lstone19
Wed Jun 27, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Is this correct? 5-6 Days Sell VTEB to Checking Account
Replies: 21
Views: 1865

Re: Is this correct? 5-6 Days Sell VTEB to Checking Account

Thanks Istone19! It sounds like, if you are interested in speed, you should sell a mutual fund and not an ETF. The advantage of selling a Vanguard ETF is that the ETF isn't "locked down" for 30 days....but ETF's appear to be slow to get to a checking account. By "locked down", you mean a restrictio...
by lstone19
Wed Jun 27, 2018 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Is this correct? 5-6 Days Sell VTEB to Checking Account
Replies: 21
Views: 1865

Re: Is this correct? 5-6 Days Sell VTEB to Checking Account

I think the real answer is "it depends". It depends on what type of account you have, what else you have in it, and how fast the recipient bank posts. I have no experience with Vanguard but in my Fidelity brokerage account (margin), I can sell a security and have the money in my credit union checkin...
by lstone19
Sun Jun 17, 2018 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare ever worth it? Please share details
Replies: 123
Views: 11721

Re: Timeshare ever worth it? Please share details

[I can't speak to timeshare condos because I've never been in those and my friends own shares in properties that are actual resorts. Most, if not all, timeshares are resorts. I think you're using the term "condos" to mean units that are in a standalone building without any "resort" facilities (keep...
by lstone19
Fri Jun 15, 2018 2:13 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 17659

Re: Should I take possession of a certified mail?

I remember 35+ years ago when I was living in California getting the note that the P.O. had certified mail for me. Getting it required a special trip on the way home from work so a pain in the butt. Turned out to be a state-mandated notice from my home insurance company that I had a special 30-day ...
by lstone19
Fri Jun 15, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Should I take possession of a certified mail?
Replies: 151
Views: 17659

Re: Should I take possession of a certified mail?

I remember 35+ years ago when I was living in California getting the note that the P.O. had certified mail for me. Getting it required a special trip on the way home from work so a pain in the butt. Turned out to be a state-mandated notice from my home insurance company that I had a special 30-day p...
by lstone19
Fri Jun 15, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: add to DW 401k while withdrawing from (self) 403b?
Replies: 19
Views: 978

Re: add to DW 401k while withdrawing from (self) 403b?

In some states (such as Illinois where I live), retirement income (anything reported on a 1099-R) is not subject to state income tax. So moving money through a retirement account saves on state income tax. Illinois' income tax is just shy of 5% (for all income levels) so if you put $10,000 in wife's...
by lstone19
Thu Jun 14, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Timeshare ever worth it? Please share details
Replies: 123
Views: 11721

Re: Timeshare ever worth it? Please share details

Deeded weeks have been out of vogue for quite some time. Indeed they have been but that doesn't mean they aren't the superior vehicle, at least for what we want. Points lets developers make the sales pitch a lot about the flexibility, which appeals to many, but that flexibility comes at the expense...
by lstone19
Thu Jun 14, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Timeshare ever worth it? Please share details
Replies: 123
Views: 11721

Re: Timeshare ever worth it? Please share details

One thing to keep in mind: when you buy a point based timeshare you are also subject to "currency risks". That is you are essentially buying a currency, that is controlled by the hotel company, that can be exchanged for hotel rooms. At any time they can devaluate that currency. When you purchase pe...
by lstone19
Thu Jun 14, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Timeshare ever worth it? Please share details
Replies: 123
Views: 11721

Re: Timeshare ever worth it? Please share details

I'm glad you have fun with your timeshare, but lets do some math. The OP said it was 44,000 + 1500 yearly. Over 20 years that is $74,000. You get to use the condo one week a year, so that is 140 nights. Actually might only be 120 nights, but lets use the full week of 140. $74,000 / 140 =$528 a nigh...
by lstone19
Thu Jun 14, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Timeshare ever worth it? Please share details
Replies: 123
Views: 11721

Re: Timeshare ever worth it? Please share details

Only buy resale. Strongly suggest you only buy a branded hotel in Marriott, Starwood, HGVC, etc. I agree with only buy resale. I disagree with buying a brand. For the branded time-shares, their interest seems to be more in enriching themselves through their name. Once such a project is fully-sold, ...