Search found 7856 matches

by jebmke
Sat Jun 23, 2018 6:02 pm
Forum: Personal Consumer Issues
Topic: South Florida for 2 days - Agenda?
Replies: 8
Views: 272

Re: South Florida for 2 days - Agenda?

^ I'm exhausted just reading your post.
by jebmke
Fri Jun 22, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Is it normal for federal and state taxable income to be wildly different?
Replies: 10
Views: 653

Re: Is it normal for federal and state taxable income to be wildly different?

Normally if the state tax return starts with the Federal AGI it should list all the additions and subtractions to income to come up with the State AGI. That should reconcile the two numbers pretty close. Tax-exempt muni income can be one of the major additions for some people. Except for in-state bo...
by jebmke
Fri Jun 22, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: State tax on 401k contributions - what happens if you move?
Replies: 15
Views: 717

Re: State tax on 401k contributions - what happens if you move?

And is it the same for IRA/403b/401k? Not always. My state (MD) has an exclusion of up to $29,900 per person if you are 65 or older. The exclusion is for qualified pension income. 401(k) and 403(b) are considered qualified pensions. IRAs are not, even if they resulted from a rollover from a qualifi...
by jebmke
Fri Jun 22, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: VTI - 2nd qtr dividend
Replies: 3
Views: 362

Re: VTI - 2nd qtr dividend

bgf wrote:
Fri Jun 22, 2018 8:56 am
we'll need to see the share buyback numbers as well.
yes; could well be that the decline in the market this year would have been more had it not been for buybacks.
by jebmke
Fri Jun 22, 2018 9:04 am
Forum: Investing - Help with Personal Investments
Topic: VTI - 2nd qtr dividend
Replies: 3
Views: 362

Re: VTI - 2nd qtr dividend

I keep hoping for lower dividends.

Some of the delay may relate to the banking industry which needs to get regulator approval to return capital to shareholders.
by jebmke
Fri Jun 22, 2018 7:59 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 96
Views: 6510

Re: Did you celebrate when you finally hit $1m?

For many years I had little visibility as a large share of our assets were in my spouse's retirement scheme and we only got a statement once a year. We pretty much setup a savings/investment plan and didn't pay much attention to the outcome for many years. I was probably 50 the first year I made the...
by jebmke
Thu Jun 21, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Is a Donor Advised Fund worth it? (Strategy)
Replies: 30
Views: 1809

Re: Is a Donor Advised Fund worth it? (Strategy)

^ the standard deductions were significantly increased. For many taxpayer, they will no longer benefit from itemizing deductions.
by jebmke
Thu Jun 21, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: VEUSX Time To Sell?
Replies: 17
Views: 696

Re: VEUSX Time To Sell?

I can't comment on the fund decision but if the foreign tax confuses your tax preparer then you need to find a new one. It isn't that complicated - especially if the foreign tax is less than $300 (for single) or $600 (form married filing jointly).
by jebmke
Thu Jun 21, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Is a Donor Advised Fund worth it? (Strategy)
Replies: 30
Views: 1809

Re: Is a Donor Advised Fund worth it? (Strategy)

If you are close to 70.5 and are facing required minimum distributions from Traditional IRA/401K accounts there's a good chance under current tax law you'll be better off making qualified charitable distributions. RMDs are otherwise taxed as ordinary income. Yes, looking at DAFs (or any other tax r...
by jebmke
Thu Jun 21, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: IRS: Great customer service?
Replies: 20
Views: 1804

Re: IRS: Great customer service?

I'd always advise sending certified mail with return request. It gets their attention because they know to a certainty that you have proof that will hold up in Tax Court if it reaches that point. Dream on. I know first hand how incoming mail to the local IRS service center is processed. Certified a...
by jebmke
Wed Jun 20, 2018 5:39 pm
Forum: Personal Consumer Issues
Topic: Storing Sustenance for Disasters
Replies: 28
Views: 1910

Re: Storing Sustenance for Disasters

theplayer11 wrote:
Wed Jun 20, 2018 5:05 pm
will just do some fishing ..or shoot a rabbit
There are normally plenty of geese around here - even after the migrators fly back to Canada. I could probably club one with a 2-iron. That club isn't good for anything anyway. Never could hit a 2-iron straight.
by jebmke
Wed Jun 20, 2018 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: 60 day rollover after workplace distribution
Replies: 3
Views: 240

Re: 60 day rollover after workplace distribution

Such 60 day temporary loans from an IRA are risky, particularly when connected to a real estate transaction since they are so prone to delays. More than once I have had taxpayers come into my TaxAide sites having missed the 60 day window. Sad cases; they get hammered with the tax and often a penalt...
by jebmke
Wed Jun 20, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: iPad/iOS - feature or bug?
Replies: 13
Views: 810

Re: iPad/iOS - feature or bug?

inbox788 wrote:
Wed Jun 20, 2018 2:57 pm
OP, does it happen on this website?
I'll check

edit: it does not do this on this site; I checked a couple other sites (e.g. Arstechnica - doesn't do it there either. Appears to be a site specific issue. Thanks for the reference.

Maybe I should check another browser like Opera.
by jebmke
Wed Jun 20, 2018 11:31 am
Forum: Personal Consumer Issues
Topic: Cataract surgery - one or two?
Replies: 31
Views: 1083

Re: Cataract surgery - one or two?

^ I completely forgot that the eye was completely covered for the first 24 hours. That would be a deal breaker for me.
by jebmke
Wed Jun 20, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Can other people contribute to my donor advised fund?
Replies: 9
Views: 460

Re: Can other people contribute to my donor advised fund?

Others can contribute to my Vanguard DAF. I suspect it is also possible with other custodians.
by jebmke
Wed Jun 20, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: iPad/iOS - feature or bug?
Replies: 13
Views: 810

Re: iPad/iOS - feature or bug?

Katietsu wrote:
Wed Jun 20, 2018 11:22 am
I could only make it happen on a different iOS device when I used private browsing. Are you using settings that are restricting the information needed to take you back to the point you were at?
I'm using the settings that were in place when I initialized the device.
by jebmke
Wed Jun 20, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: iPad/iOS - feature or bug?
Replies: 13
Views: 810

Re: iPad/iOS - feature or bug?

Alexa9 wrote:
Wed Jun 20, 2018 11:02 am
Might be a setting to do with back/forward cache in Safari. You could try it in the Chrome App and see if it is different.
I should have mentioned that it behaves this way for both Safari and Chrome; I had this same thought when I first noticed it in Safari.
by jebmke
Wed Jun 20, 2018 10:56 am
Forum: Personal Consumer Issues
Topic: iPad/iOS - feature or bug?
Replies: 13
Views: 810

Re: iPad/iOS - feature or bug?

Might be something unique to version 6. Next time I have a chance to swing by the Apple Store I'll round up a nerd and see if he/she knows.
by jebmke
Wed Jun 20, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: The Current Market
Replies: 22
Views: 1689

Re: The Current Market

greg24 wrote:
Wed Jun 20, 2018 10:26 am
If you think this is bad, wait until it drops 30%.
or 22% in one day.
by jebmke
Wed Jun 20, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: Cataract surgery - one or two?
Replies: 31
Views: 1083

Re: Cataract surgery - one or two?

My father just had cataract surgery on his second eye last week. The dr recommended one at a time, but I don't know why. If you don't have to drive anywhere or do anything for a few days, I don't why you can't do both at once. I asked my surgeon about this when I had mine done a couple years ago. H...
by jebmke
Wed Jun 20, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Marriott hotels using Alexa/Echo in guest rooms?
Replies: 34
Views: 2869

Re: Marriott hotels using Alexa/Echo in guest rooms?

Personally, I wish they would not put anything that generates sound, including televisions, in hotel rooms. Nothing worse than having someone come back to their room in the middle of the night and click on the television in the room next to you.
by jebmke
Wed Jun 20, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: iPad/iOS - feature or bug?
Replies: 13
Views: 810

iPad/iOS - feature or bug?

I finally decided to ditch my failing Nexus 9 and bought a 2018 iPad. I am generally happy with it but it does have one quirk I am not happy with. When I read a web site (e.g. Bloomberg, Washington Post ..) where the home page is longer than one screen, naturally, I scroll down to the sections not s...
by jebmke
Wed Jun 20, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 117
Views: 9152

Re: How much (green) cash at home for emergency ?

^ the trick is to not flee toward a disaster area but rather away.
by jebmke
Wed Jun 20, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 117
Views: 9152

Re: How much (green) cash at home for emergency ?

We have a fire/water proof safe in the home where we keep our important documents and about $300 in cash in case of emergency. The safe may be fireproof but I am not sure the contents are. The money is inconsequential but the docs may not be. A friend of mine returned from vacation to find his hous...
by jebmke
Wed Jun 20, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Temporary Residency Tax Deduction for Surgical Fellowship
Replies: 5
Views: 272

Re: Temporary Residency Tax Deduction for Surgical Fellowship

pshonore wrote:
Wed Jun 20, 2018 7:57 am
2018 tax reform eliminated the deduction for unreimbursed employee business expenses if you're paid on a W2.
Line 21-28 on Schedule A pretty much gone entirely, right?
by jebmke
Wed Jun 20, 2018 7:11 am
Forum: Forum Issues and Administration
Topic: Is there a way to block someone?
Replies: 22
Views: 2836

Re: Is there a way to block someone?

Blocking would not solve this. Just don't read that poster's comments.
by jebmke
Tue Jun 19, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: How to Amend a 2016 tax return?
Replies: 8
Views: 419

Re: How to Amend a 2016 tax return?

Ok that makes sense. I originally didn't see my 2016 return listed on my tax software but after some searching, I do now. Thanks all. If you are using retail software (e.g. Turbotax, HRBlock ...), you should have software specific to the year you are looking at. I don't think the 2017 version of Tu...
by jebmke
Tue Jun 19, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: How to Amend a 2016 tax return?
Replies: 8
Views: 419

Re: How to Amend a 2016 tax return?

I just realized that I didn't report a ~$2,400 short term loss on my 2016 tax return. What's the easiest/best way to amend the return? Did you use tax software to prepare the return? If so, the software will likely have a process for completing an amended return. Make sure that you start with a ret...
by jebmke
Tue Jun 19, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Do you think it is smart to disclose that you have passive investments to other people?
Replies: 43
Views: 4153

Re: Do you think it is smart to disclose that you have passive investments to other people?

One thing I do expect professionals to disclose is any investment or activity that might represent a conflict of interest. Lawyers do this routinely. In the case of doctors, when I was seeking an orthopedic specialist a few years ago I did inquire about ownership of interests in diagnostic labs and ...
by jebmke
Tue Jun 19, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Road trip Pennsylvania,Maryland,and DC
Replies: 79
Views: 3360

Re: Road trip Pennsylvania,Maryland,and DC

If it were me, for 7 days I'd pick two places and stay put, except short trips to nearby sights. Otherwise you are spending a lot of time driving and checking into and out of hotels.
by jebmke
Tue Jun 19, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Marriott hotels using Alexa/Echo in guest rooms?
Replies: 34
Views: 2869

Re: Marriott hotels using Alexa/Echo in guest rooms?

I have an Alexa at home and would welcome one in my hotel room. If you are worried about an Alexa conspiracy or afraid of new fangled devices, I suggest unplugging it. If you haven't tried Alexa, use the music portion while in your hotel room, you will get very addicted. If you are really bored, pl...
by jebmke
Sun Jun 17, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: wetlands permit for septic system replacement
Replies: 10
Views: 776

Re: wetlands permit for septic system replacement

This is likely a very local issue and I would be surprised if anyone can give you definitive input on this. Whether the neighbors have any kind of objection rights would be in the local ordinances I would think. In my area, contractors (on any type of activity) are responsible for pulling permits. I...
by jebmke
Sun Jun 17, 2018 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 117
Views: 9152

Re: How much (green) cash at home for emergency ?

If I have to flee, my plan is to go somewhere where there isn't a natural disaster.
by jebmke
Sun Jun 17, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 117
Views: 9152

Re: How much (green) cash at home for emergency ?

If the area is safe, the ATMs should work.
by jebmke
Sun Jun 17, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard email about transition fund accounts to new brokerage platform
Replies: 37
Views: 2054

Re: Vanguard email about transition fund accounts to new brokerage platform

When you converted to a brokerage account, the transaction history was also converted into the new format. Everything is presented from the perspective of the settlement account, so all the dollar values get reversed from what they used to be on the mutual fund platform. Purchases are negative, and...
by jebmke
Sun Jun 17, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: wetlands permit for septic system replacement
Replies: 10
Views: 776

Re: wetlands permit for septic system replacement

If you are not familiar with septic systems, I would pass on this house and look for one not in a wetland area. I would expand this to also state that it is good to get an understanding of the local and state regulations for the specific property in mind before signing a contract. Do not rely on st...
by jebmke
Sun Jun 17, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: wetlands permit for septic system replacement
Replies: 10
Views: 776

Re: wetlands permit for septic system replacement

How badly do you want this specific house? The permits could be a major hurdle and it is pretty likely that all permits and construction would have to be completed before finalizing the purchase. You should talk to your real estate agent, inspector and code/permit agents before making this decision...
by jebmke
Sat Jun 16, 2018 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking spending before retirement useful for estimating retirement expenses?
Replies: 72
Views: 4039

Re: Tracking spending before retirement useful for estimating retirement expenses?

I have been retired for 10+ years. Since I did not live in the US immediately prior to retirement I have no expectation that my expenses now are similar. I did prepare a ground up budget prior to retirement, including a contingency amount for things I might have forgotten. My expenses on average hav...
by jebmke
Sat Jun 16, 2018 9:01 am
Forum: Investing - Theory, News & General
Topic: How much tilt is enough to make a difference?
Replies: 27
Views: 1829

Re: How much tilt is enough to make a difference?

For most of our accumulation phase we tilted to small and mid-cap-value; this varied but ranged from 50-75% of our equity. We've dialed it back quite a bit since retiring but if I were starting from scratch today I wouldn't have any asset class weighted less than maybe 20-25%. Much below that just i...
by jebmke
Fri Jun 15, 2018 2:49 pm
Forum: Investing - Theory, News & General
Topic: Am I "market timing"?
Replies: 37
Views: 1867

Re: Am I "market timing"?

AerialWombat wrote:
Fri Jun 15, 2018 2:45 pm
The US equities market appears to have gone on sale today.
Total Stock Market is down 15bp. Less than noise.
by jebmke
Fri Jun 15, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: Conceptually: *Why* does the Yield Curve invert?
Replies: 29
Views: 3192

Re: Conceptually: *Why* does the Yield Curve invert?

The term premium from 5 to 30 has been hovering below 1bp per year - virtually flat.
by jebmke
Fri Jun 15, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: RMDs based on 1986 life expectancy versus today?
Replies: 23
Views: 1964

Re: RMDs based on 1986 life expectancy versus today?

I'm not doing anything. For one thing, the "longevity" metric that is more important is the conditional longevity once you reach retirement. I'm not sure that has changed as much as the average longevity from birth.
by jebmke
Fri Jun 15, 2018 7:56 am
Forum: Personal Consumer Issues
Topic: Long Weekend in November - NOLA, Austin, Other
Replies: 26
Views: 1235

Re: Long Weekend in November - NOLA, Austin, Other

fishmonger wrote:
Fri Jun 15, 2018 7:39 am
Now Galway, Cork, the countryside? Now we're talking
In that case, fly into Shannon. Kerry peninsula and also up the coast to Galway is quite nice. As is Connemara. I've done it a couple of times. Once from the US. There used to be direct flights to Shannon.
by jebmke
Thu Jun 14, 2018 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help understanding SALT deduction
Replies: 4
Views: 469

Re: Help understanding SALT deduction

So is the 10K cap for this, and then a separate 10K cap on mortgage interest deduction? Meaning, you have to have at least 4K in additional deductions like charitable/other to select itemized vs. standard deduction for MFJ? I also am trying to understand as we've itemized for a long time, and got t...
by jebmke
Thu Jun 14, 2018 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: Help understanding SALT deduction
Replies: 4
Views: 469

Re: Help understanding SALT deduction

That is my understanding.
by jebmke
Thu Jun 14, 2018 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Taking $1M+ Long Term Capital Gains
Replies: 68
Views: 6300

Re: Taking $1M+ Long Term Capital Gains

I am very confused with the tax brackets as I am seeing various numbers in various websites. Where can I find the correct information ? In my example, what should I earn in 2018 ( salary + short term gains ) so that I do not hit the 20% LTCG ? Married Filing Jointly. The definitive rates are in the...
by jebmke
Thu Jun 14, 2018 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Taking $1M+ Long Term Capital Gains
Replies: 68
Views: 6300

Re: Taking $1M+ Long Term Capital Gains

Let's not take charity in the calculation. I am interested to know on what amount the 20% capital gains kick in. More significantly, though, the transition from 15% to 20% capital gains rates will also continue to use the “old” top tax bracket thresholds of $425,800 for individuals and $479,000 for...
by jebmke
Thu Jun 14, 2018 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone buying Individual Short Term Treasuries?
Replies: 19
Views: 1296

Re: Anyone buying Individual Short Term Treasuries?

MINT looks like a completely different risk profile than US treasury securities.
by jebmke
Thu Jun 14, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Using donor advised fund to diversify stock with large capital gains
Replies: 38
Views: 2237

Re: Using donor advised fund to diversify stock with large capital gains

Indeed. My state has an estate tax that is uncoupled from the federal limits; there is also an inheritance tax if the recipient (non-charity) is not a spouse, child or sibling.
by jebmke
Thu Jun 14, 2018 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Using donor advised fund to diversify stock with large capital gains
Replies: 38
Views: 2237

Re: Using donor advised fund to diversify stock with large capital gains

Yes, dying is typically one of the most tax-efficient ways to distribute assets.