Search found 84 matches

by Cpadave
Fri Feb 15, 2019 8:15 pm
Forum: Personal Consumer Issues
Topic: Need help choosing laptop
Replies: 10
Views: 542

Re: Need help choosing laptop

02nz wrote:
Fri Feb 15, 2019 7:23 pm
The Yoga 730 will be the nicest, most premium-feeling of the four you listed. You'll hear from people who say "never buy [X brand], they're horrible." In reality there's pretty much the same at any given price point.
Thank You. I went with yoga 730.
by Cpadave
Fri Feb 15, 2019 10:16 am
Forum: Personal Consumer Issues
Topic: Need help choosing laptop
Replies: 10
Views: 542

Re: Need help choosing laptop

livesoft wrote:
Fri Feb 15, 2019 10:11 am
FWIW, a Mac/OSX system runs Excel, Word, and tax prep software.
Yes I know. But Mac device cost more and I am looking at around $600 budget.
by Cpadave
Fri Feb 15, 2019 10:09 am
Forum: Personal Consumer Issues
Topic: Need help choosing laptop
Replies: 10
Views: 542

Re: Need help choosing laptop

Thanks. I need a window system to run excel and microsoft word. And maybe put tax prep program one day
by Cpadave
Fri Feb 15, 2019 9:56 am
Forum: Personal Consumer Issues
Topic: Need help choosing laptop
Replies: 10
Views: 542

Need help choosing laptop

I narrowed down my search to the following requirement. Intel I5 with 8GB memory and 256GB SSD. Which of the following would you buy? Thanks for your feedback and advice. The laptop will be used primary for my daughter and sometime for my wife. 1) Dell Insprion 15 5000 sold at costco for $549 +$15 d...
by Cpadave
Thu Feb 07, 2019 10:11 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Thanks. I will wait few days and give them a call too. I will ask them to close the account. I don't know if they can come after me for the fee afterward. I think they can only take the money out of hsa contributions. If this part of the process goes as smooth as the actual transfer, I be happy. I j...
by Cpadave
Thu Feb 07, 2019 7:38 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 906
Views: 72153

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

So I followed the comments here and requested a transfer from HSA Bank to Fidelity. I had 5K cash in hsa bank and small amount in TD Ameritrade in one ETF. I opened the Fidelity account. I transferred all the cash from hsa bank into TD and sold the one etf( I know that I didn't have to do that). I h...
by Cpadave
Wed Jan 30, 2019 3:00 pm
Forum: Personal Consumer Issues
Topic: Laser mono Multifunction printer recommendation
Replies: 10
Views: 679

Re: Laser mono Multifunction printer recommendation

I apologize for not answering your question directly, but it if doesn't have to be a single multifunction machine and you don't actually fax anything, I'd recommend separate units. You'll find the Fujitsu ScanSnap ix500 to be life changing, and you can find a lot of B&W lasers with duplex in the $1...
by Cpadave
Tue Jan 29, 2019 5:28 pm
Forum: Personal Consumer Issues
Topic: Laser mono Multifunction printer recommendation
Replies: 10
Views: 679

Laser mono Multifunction printer recommendation

I have an older brother multifunction printer and was looking to upgrade it in few months. In addition to good printing, I would like to be able to scan multi pages fast with auto feeder. Maybe have a good ocr software as well. Thanks in advance.
by Cpadave
Tue Jan 29, 2019 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to buy any sort of vision plan?
Replies: 24
Views: 1742

Re: Does it make sense to buy any sort of vision plan?

Just wanted to give an update. So I went to costco for my eye exam which cost $110 (including dilation). I asked optometrists if she can give me my PD number. She had no problem with it and give that number on my prescription. She told me the number will be different for bifocal which I did not plan...
by Cpadave
Fri Jan 25, 2019 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to buy any sort of vision plan?
Replies: 24
Views: 1742

Re: Does it make sense to buy any sort of vision plan?

Although MegaCorp retiree health insurance is excellent, even as an active employee our vision coverage was always pretty lame. Lots of places listed, yet few places had the approved frames. Fact is, we haven't used it for years. Currently I have my glasses I purchased online at go-optical.com. I h...
by Cpadave
Fri Jan 25, 2019 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to buy any sort of vision plan?
Replies: 24
Views: 1742

Re: Does it make sense to buy any sort of vision plan?

We are a family of four who all wear eyeglasses. We most likely need to get an exam each year. We don't have any type of insurance for it. We currently use costco for eye exam which is $85 without dilation test and another $25 with it. We then purchase an eyeglass from costco that usually costs abo...
by Cpadave
Fri Jan 25, 2019 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to buy any sort of vision plan?
Replies: 24
Views: 1742

Re: Does it make sense to buy any sort of vision plan?

Although MegaCorp retiree health insurance is excellent, even as an active employee our vision coverage was always pretty lame. Lots of places listed, yet few places had the approved frames. Fact is, we haven't used it for years. Currently I have my glasses I purchased online at go-optical.com. I h...
by Cpadave
Fri Jan 25, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to buy any sort of vision plan?
Replies: 24
Views: 1742

Does it make sense to buy any sort of vision plan?

We are a family of four who all wear eyeglasses. We most likely need to get an exam each year. We don't have any type of insurance for it. We currently use costco for eye exam which is $85 without dilation test and another $25 with it. We then purchase an eyeglass from costco that usually costs abou...
by Cpadave
Wed Jan 16, 2019 2:14 pm
Forum: Personal Consumer Issues
Topic: Paperless and organizing document
Replies: 7
Views: 810

Re: Paperless and organizing document

Thanks for the replies. I do have an old brother multi printer device. It has small size for auto feed and the scan speed is super slow. I thought maybe the newer Fujitsu ScanSnap iX500 would be a much better and faster device for the job. It does have 600 dpi scanning ability, not sure if that is g...
by Cpadave
Wed Jan 16, 2019 12:02 pm
Forum: Personal Consumer Issues
Topic: Paperless and organizing document
Replies: 7
Views: 810

Paperless and organizing document

I have tried to avoid having many paper documents in the past. Still I have some old and some new items that keeps coming in paper form. What is the bast scanner and a way to organize these documents. For example I have old tax returns from over 10 years ago. I know I am not required to keep them af...
by Cpadave
Sat Dec 15, 2018 7:13 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 255
Views: 19729

Re: Favorite Purchase of 2018?

BIO BIDET BB-2000 BLISS BIDET TOILET SEAT
by Cpadave
Wed Dec 12, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 22256

Re: What percentage of your net worth is your home equity?

I count it as part of my networth. I plan to sell it in 10 years and downsize after the kids move out. I live in a HCOL (NE) the house is more than half paid for for so far. But unfortunately the price has gone down about 20% recently from what we paid for. So the net equity represents about 6% of o...
by Cpadave
Wed Nov 28, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 55
Views: 3608

Re: Quicken 2019 and forward

I don't mind the subscription model. I have a problem with the price. I would be ok if they just took the price of stand alone and divided by 3 or 2 for each year. This would have been what most users would had paid if the bought stand alone before. But now, the want to charge more in year than what...
by Cpadave
Wed Nov 28, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Quicken 2019 and forward
Replies: 55
Views: 3608

Re: Quicken 2019 and forward

Will quicken 2017 also stop downloading next spring or just the 2016 version? I can't believe they can actually do that. I don't remember when I bought the software it said it would stop working after certain number of years. I hate the subscription model, since they charge so much compared to the s...
by Cpadave
Fri Nov 02, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 90
Views: 8977

Re: I Bond fixed rate = 0.5%

looks like based on their website the 3 months is the last 3 of interest. And it looks like the interest is compounded. "I bonds increase in value on the first day of each month, and interest is compounded semiannually based on each I bond's issue date. An I bond's issue date is the month and year i...
by Cpadave
Fri Nov 02, 2018 9:14 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 90
Views: 8977

Re: I Bond fixed rate = 0.5%

A dumb question maybe, are the interest accumulated on compounded amount? Is interest in year 2 based on the par value or par plus 1st year int? I know that you don't actually receive interest until you redeem. Also, does anyone know which 3 months of interest the takeaway if you redeem less than 5 ...
by Cpadave
Thu Nov 01, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 90
Views: 8977

I bond new rate posted - 2.83%

[Thread merged into here, see below. --admin LadyGeek]

https://www.treasurydirect.gov/indiv/pr ... glance.htm
by Cpadave
Wed Oct 31, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Falling off the ACA subsidy cliff
Replies: 62
Views: 5262

Re: Falling off the ACA subsidy cliff

As I understand it when you file your 2018 tax return, the amount that you need to pay back is computed with your return based on your MAGI. As to the contribution, if you have earned income of $6500, you should still be able to contribute.
by Cpadave
Wed Oct 31, 2018 8:50 am
Forum: Personal Investments
Topic: Help with asset allocation and current market
Replies: 9
Views: 858

Re: Help with asset allocation with current market

I use VTI for my equity side. For fixed income, I use CD, Pref, Corp and muni bonds with no more than 3-4 years duration. I think 10% fixed income allocation for your age should be fine. If you are concerned about interest rates going up in near term, you can stick with short term CD or low cost sho...
by Cpadave
Tue Oct 30, 2018 7:19 am
Forum: Personal Finance (Not Investing)
Topic: HSA family contribution
Replies: 3
Views: 306

Re: HSA family contribution

Never mind. The premium for gold is actually higher than if I stay on bronze hsa and maxed out plan limit. It makes no sense to buy gold. Thanks
by Cpadave
Tue Oct 30, 2018 7:08 am
Forum: Personal Finance (Not Investing)
Topic: HSA family contribution
Replies: 3
Views: 306

Re: HSA family contribution

Thank You. Do we need to open a new hsa in her name or can we use the one I opened last year in my name for the family?
by Cpadave
Tue Oct 30, 2018 6:39 am
Forum: Personal Finance (Not Investing)
Topic: HSA family contribution
Replies: 3
Views: 306

HSA family contribution

Last year I opened a HSA account and purchased hsa plan from the exchange and contributed $6,900 to it. This year I am thinking about buying a gold plan for myself and buying a hsa another plan that covers my wife and 2 kids. Would we still be able to contribute the max family limit in 2019? If so, ...
by Cpadave
Sun Oct 28, 2018 10:07 am
Forum: Personal Finance (Not Investing)
Topic: What A Deal! [Affordable Care Act policy costs]
Replies: 28
Views: 4060

Re: What A Deal! [Affordable Care Act policy costs]

Our cheapest option for 2019 is now 19K for family of 4. It was 17K in 2018. They really need to fix this problem.
by Cpadave
Sun Oct 28, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Wash sale reporting by brokers
Replies: 9
Views: 640

Re: Wash sale reporting by brokers

Thanks for all the answers. My final question on this issue. Let's say I have 1000 shares of VTI of which 100 shares was purchased on 10/8/2018. If I sell those 100 shares only and use those proceeds to buy ITOT, would I trigger wash sale since I did not sell all my VTI and the 100 shs were sold les...
by Cpadave
Sat Oct 27, 2018 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: Wash sale reporting by brokers
Replies: 9
Views: 640

Wash sale reporting by brokers

Do brokers like TD Ameritrade and Fidelity only report wash sales on identical securities or do they also try to report similar securities like VTI vs ITOT? I am not asking about tax law treatment just reporting. Thanks
by Cpadave
Mon Oct 15, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: Is your Taxable account crowed with "highly correlated" but not "substantially identical' funds? how else can you TLH
Replies: 15
Views: 1169

Re: Is your Taxable account crowed with "highly correlated" but not "substantially identical' funds? how else can you TL

Yes, I know brokers report sales on 1099B. And I know brokers will adj cost for sale of identical securities. My question was on specific on treating as wash sale on similar ETF such as VTI and ITOT. I found a good article on Forbes that says it is a grey area as whether these will be wash sale for ...
by Cpadave
Mon Oct 15, 2018 8:00 am
Forum: Investing - Theory, News & General
Topic: Is your Taxable account crowed with "highly correlated" but not "substantially identical' funds? how else can you TLH
Replies: 15
Views: 1169

Re: Is your Taxable account crowed with "highly correlated" but not "substantially identical' funds? how else can you TL

Maybe this has been answered before, but do brokers report to IRS if for example you sell VOO (vanguard S&P and buy VTI Vanguard total stock or in more similar ETF, sell VTI and but ITOT ( Ishare total stock). In the second case I know that IRS would most likely treat it as similar but was wondering...
by Cpadave
Tue Oct 09, 2018 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: What is your annual cost for health insurance?
Replies: 137
Views: 10364

Re: What is your annual cost for health insurance?

Family of 4, 51, 44 and two young kids. Exchange HSA Bronze plan with no subsidy $16,920 with $6850 inv, $11370 family deductible. This premium has doubled in the last 3-4 years. This year we will contribute over 60K into obamacare as result of the surtax on investment income as we had an unusual ga...
by Cpadave
Sun Oct 07, 2018 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Mechanics of running a one-person S-corp without an accountant
Replies: 7
Views: 894

Re: Mechanics of running a one-person S-corp without an accountant

I don't think you should do it yourself. Keep in mind what you are paying your accountant is a tax expense, so you need to look at after tax cost. Tax law change on regular basis and can be complicated.
by Cpadave
Tue Sep 25, 2018 7:37 am
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 26196

Re: What is your single most expensive mistake?

Putting most of my money in to leveraged REITs fund before the crash. Lost $1.5M.
Buying a house about 6 years ago in a good school town for benefit of my kids, down about 400K
by Cpadave
Fri Sep 21, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: IRS Late payment interest
Replies: 2
Views: 358

Re: IRS Late payment interest

Thanks for the reply. Yes, I tried to do that, however my tax program (HR Block) didn't allow me to do that. I will wait for assessment. I would think since I have paid the balance due, the amount of additional interest on interest should be small. And hopefully it won't work against me when I reque...
by Cpadave
Fri Sep 21, 2018 8:28 am
Forum: Personal Finance (Not Investing)
Topic: IRS Late payment interest
Replies: 2
Views: 358

IRS Late payment interest

So I got my K1 yesterday which showed a higher income that I had estimated. Distribution received was lower than income by a significant amount. As a result I owed $27K balance on my 1040. I filed and paid that amount with e-filing. I want to ask IRS to waive the late payment penalty under first tim...
by Cpadave
Fri Jul 13, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: How much does your accountant cost?
Replies: 21
Views: 2279

Re: How much does your accountant cost?

Based on what you guys have posted so far, you are getting a good deal. I am retired now, but used to charge 500 for an average 1040 and over 1200 for more complicated many years ago. Yes, most might not need an accountant to do their returns. But those who do with benefit a lot by using a skilled p...
by Cpadave
Tue Jul 10, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance for Couple Early Retirement
Replies: 29
Views: 2794

Re: Health Insurance for Couple Early Retirement

We are almost in same situation. We went with connticare HSA plan. This way we get at least some tax benefit. For next year I anticipate the premiums will be even higher. We have to look at all options at that time. So sad that there are not too many good options for those who want to retire a littl...
by Cpadave
Sun Jul 01, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2317
Views: 403771

Re: What are you up YTD? [Year To Date]

I think the total return is a much better measure of performance. I get my number from quicken which I have verified to be correct. Please share your asset allocation and what you are up (or down) YTD in the format below. Here are my stats: Stocks: 100% Bonds: - Up: 10% This is the original point to...
by Cpadave
Sun Jul 01, 2018 7:58 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2317
Views: 403771

Re: What are you up YTD? [Year To Date]

Total return (includes Income) is 2.79% ytd. About 60% equity and 40% FI. I manage my own fixed income portfolio which has done better than market however my stock portfolio under performed because of some allocation to SPLV ans Vanguard High Div
by Cpadave
Fri Jun 22, 2018 8:49 am
Forum: Personal Investments
Topic: VTI - 2nd qtr dividend
Replies: 3
Views: 506

VTI - 2nd qtr dividend

For some reason I expected the 2018 2nd qtr dividend for VTI to be nicely higher over the 2017 amount. Given the reduction of corporate tax rate and many corporations increasing dividend as result. However, the announced dividend for 2nd qtr is only 2.8c higher than 2017. That increase is actually s...
by Cpadave
Sun Jun 03, 2018 12:13 pm
Forum: Personal Investments
Topic: Advice needed: $800,000 in cash, 2-year time horizon
Replies: 25
Views: 3838

Re: Advice needed: $800,000 in cash, 2-year time horizon

You can buy new issued treasury bills and individual bonds and CD from brokerage accounts like Fidelity. I have not actually purchased t-bill myself, but I have seen it on brokerage websites. The actual train ride from Darien to NYC is about 50min. You can live walking distance to train (maybe 5-7 w...
by Cpadave
Sun Jun 03, 2018 10:43 am
Forum: Personal Investments
Topic: Advice needed: $800,000 in cash, 2-year time horizon
Replies: 25
Views: 3838

Re: Advice needed: $800,000 in cash, 2-year time horizon

I would say either CD or 2yrs Tres bills for you. I would most likely buy some individual investment grade bonds as well, if it was me. You should look into Darien CT as option to buy house in the future. They have great schools and relatively low RE taxes. The home prices are within what you mentio...
by Cpadave
Sat Jun 02, 2018 12:38 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2317
Views: 403771

Re: What are you up YTD? [Year To Date]

+1.3% total return( include interest and Div). Portfolio is about 60% equity and 40% fixed income. Had few bad etf like Vanguard High Div in the mixed that lowered the performance. Plan to go to VTI when my tax situation allows.
by Cpadave
Fri Jun 01, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Form 2210 annualized
Replies: 5
Views: 525

Re: IRS Form 2210 annualized

Thanks. I did it that way and then entered the amount into this website to get my tax for 2018.

https://www.mortgagecalculator.org/calc ... ulator.php
by Cpadave
Fri Jun 01, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: IRS Form 2210 annualized
Replies: 5
Views: 525

IRS Form 2210 annualized

Hi,

Is there a excel worksheet or online site that I can enter my income to annualized for the form 2210? I don't need it to calculate the tax or the penalty, just to annualized the income and itemized deductions. Thanks