Search found 400 matches

by bbrock
Wed Mar 04, 2020 10:09 pm
Forum: Investing - Theory, News & General
Topic: CalPERS Savings PLUS changes on hold
Replies: 30
Views: 279

Re: My 401k /457b (California Savings Plus) Removing Most Index Funds

Saw this thread as I was about to create an applicable one. My wife works for CA and participates in the a traditional 401k and ROTH 457 by SPP (Savings Plus Program). I too am amazed they are dropping all but one index fund in favor of active funds. There has to be a kickback or incentive for doing...
by bbrock
Wed Jul 24, 2019 11:06 pm
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 533
Views: 142062

Re: My New Car Buying Tips

Used this process Dec. ‘17 when we were shopping for our Toyota Highlander. Worked great.

However this time, it was even better. Purchased our Tesla Model 3. Superb because there was no one to compete with. Straightforward easy purchase. Now that was the best car buying experience hands down.
by bbrock
Fri Apr 12, 2019 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - Discrepancy on amount owed; Need to file for extension
Replies: 19
Views: 1286

Re: Tax help - Discrepancy on amount owed; Need to file for extension

Ok. Finally had a chance to get back to it and finish the run-through including CA. With all the proper numbers, I am looking at $1,144 owed for Fed and CA refund of $88. So, I'll pay that amount to the Feds using the Direct Pay IRS site that Livesoft shared, and get 'er done. Then, just wait around...
by bbrock
Wed Apr 10, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Tax help - Discrepancy on amount owed; Need to file for extension
Replies: 19
Views: 1286

Re: Tax help - Discrepancy on amount owed; Need to file for extension

Ran through the federal return with TurboTax deluxe yesterday. W2 with errors, $1210 owed. Corrected W-2 that should be coming, $1144 owed. Wow, that’s a huge difference between both tax caster and HR block forecaster. So the best calculator is using the program itself. And I have not even run my CA...
by bbrock
Tue Apr 09, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Tax help - Discrepancy on amount owed; Need to file for extension
Replies: 19
Views: 1286

Re: Tax help - Discrepancy on amount owed; Need to file for extension

Then I’m mistaken when I had read your post live soft. When I read an electronica Federal tax payment system I went to that site.

As far as your head, sounds like a classic case of nits. :wink:
by bbrock
Mon Apr 08, 2019 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - Discrepancy on amount owed; Need to file for extension
Replies: 19
Views: 1286

Re: Tax help - Discrepancy on amount owed; Need to file for extension

Tx for the replies you all. Licesoft, I’ve used EFTPS previously, however I never knew about using it that way to validate an extension. Very clever. I went on the site last night however I completely forgot my password and pin. So the Fed is sending me another one in seven days. Will be cutting it ...
by bbrock
Sun Apr 07, 2019 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - Discrepancy on amount owed; Need to file for extension
Replies: 19
Views: 1286

Re: Tax help - Discrepancy on amount owed; Need to file for extension

I agree the better answer is to file the extension, pay the 3K now, and file a correct return when I get the proper W-2. Would not it be smarter to pay the larger figure of $3000 that was approximately estimated between the two software applications and have it worked out after the fact, rather than...
by bbrock
Sun Apr 07, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Tax help - Discrepancy on amount owed; Need to file for extension
Replies: 19
Views: 1286

Tax help - Discrepancy on amount owed; Need to file for extension

Hi Bogleheads, I have not filed my taxes yet b/c I am still waiting for my employer to mail me a corrected W2. I don't want to have to file only to amend. So, I was thinking about filing for an extension. Since I use TT Deluxe to normally prepare and file, I used TT Taxcaster to estimate my 2018 tax...
by bbrock
Mon Oct 08, 2018 4:44 am
Forum: Personal Consumer Issues
Topic: PV Solar (Sunpower vs. Panasonic HIT) & To Roof or Not to Re-roof
Replies: 12
Views: 1844

Re: PV Solar (Sunpower vs. Panasonic HIT) & To Roof or Not to Re-roof

Tx for the replies. I didn't get any notification of them. Moderators, can you let me know why please? I fortunately saw the replies the other day when I looked back at the thread. To answer some of the questions/comments. We reside in Livermore, CA. Panels would be located on East roof face as I ha...
by bbrock
Sat Sep 29, 2018 2:26 pm
Forum: Personal Consumer Issues
Topic: PV Solar (Sunpower vs. Panasonic HIT) & To Roof or Not to Re-roof
Replies: 12
Views: 1844

Re: PV Solar (Sunpower vs. Panasonic HIT) & To Roof or Not to Re-roof

Thanks for the reply so far. There is always the thought and option to just replace the east face of my roof upon which PV solar would go. That side is not visible from the street, so it really would not be obvious, especially if I went with another metal shingle such a shake style which is easier t...
by bbrock
Fri Sep 28, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: PV Solar (Sunpower vs. Panasonic HIT) & To Roof or Not to Re-roof
Replies: 12
Views: 1844

PV Solar (Sunpower vs. Panasonic HIT) & To Roof or Not to Re-roof

Hi Bogleheads, What started as simply wanting to improve our energy efficiency with doing attic air sealing, increasing the insulation to R-44, and replacing our HVAC system, has led me down many paths. Now, I have been researching and planning on having PV solar installed. I figure why not take adv...
by bbrock
Tue Sep 18, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation of California SDI
Replies: 1
Views: 241

Taxation of California SDI

Hi Bogleheads,
I’ve been on disability for 3 months from the hospital. I have been receiving California SDI payments in conjunction with minimal pay from my work.

Are my CA SDI payments reportable for my fed taxes?

Thanks in advance.
by bbrock
Fri Jul 27, 2018 5:41 pm
Forum: Personal Consumer Issues
Topic: Aeroseal for Duct work
Replies: 13
Views: 1653

Re: Aeroseal for Duct work

tx ralph. all supplies in crawl space, and it would be slow and challenging to get to.
by bbrock
Fri Jul 27, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: Aeroseal for Duct work
Replies: 13
Views: 1653

Re: Aeroseal for Duct work

Been researching HVAC replacement, attic insulation, duct replacement vs. sealing, and BayRen Energy Upgrade for CA for many months. Been getting quite a good amount of bids. Split on whether it is worth it to replace or seal my ducts using Aeroseal. My house is 2024 sq ft. built in 1969. I have 11 ...
by bbrock
Fri May 25, 2018 3:22 pm
Forum: Personal Consumer Issues
Topic: Home Furnace: Brand Recommendations
Replies: 36
Views: 7318

Re: Home Furnace: Brand Recommendations

If you don’t mind sharing Leonard, what system did you end up going with and how efficient? What were the factors that led you to make your final decision?
by bbrock
Fri May 25, 2018 3:19 pm
Forum: Personal Consumer Issues
Topic: Home Furnace: Brand Recommendations
Replies: 36
Views: 7318

Re: Home Furnace: Brand Recommendations

If you have A/C and it is about the age where it needs to be replaced then get bids with and without that. The new A/C units are likely a lot more efficient than your old one so if it is anywhere near needing to be replaced it is likely cost effective to replace it sooner rather than later. . I alw...
by bbrock
Thu May 17, 2018 10:30 pm
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 533
Views: 142062

Re: My New Car Buying Tips

Regarding your first question, after I had an agreed-upon price, already knowing the car I was completely intending to purchase, I didn’t even bother with the test drive or the inspection. Was not going to sweat cosmetic issues, as when I find them, if it matter that much, I bring it up during warra...
by bbrock
Tue Feb 27, 2018 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: TT W-4 calculations - Can it be correct?
Replies: 7
Views: 649

Re: TT W-4 calculations - Can it be correct?

So, I just ran the W4 calculator at TT website and it is much different than my TT Deluxe results. Their website doesn't show what to enter for spouse and taxpayer, but it did show that at my current withholding of 4 allowances, I'll get a small refund. At a withholding of 5 allowances, I'll owe a s...
by bbrock
Tue Feb 27, 2018 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: TT W-4 calculations - Can it be correct?
Replies: 7
Views: 649

Re: TT W-4 calculations - Can it be correct?

Quick Google search revealed this:
https://ttlc.intuit.com/questions/41924 ... -tax-rates

I guess supposedly TT is updated to account for 2018 tax law.
by bbrock
Tue Feb 27, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: TT W-4 calculations - Can it be correct?
Replies: 7
Views: 649

Re: TT W-4 calculations - Can it be correct?

Yes, Single 0. I just don't see how it could account for a $35k increase in our calculated 2018 taxable income when I didn't enter anything that would have accounted for that. Perhaps it is already running the 2018 tax law changes; but even still I don't think that would account for a $35k differenc...
by bbrock
Tue Feb 27, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: TT W-4 calculations - Can it be correct?
Replies: 7
Views: 649

Re: TT W-4 calculations - Can it be correct?

Tx for the replies. Good point on waiting for the IRS to release an updated 2018 W4 calculator. I think I'll wait for that as well. I assume TT is using old data/calculations. I looked at that MMM link. Never knew there was a big forum going on over there as well. Won't change me though as I am happ...
by bbrock
Tue Feb 27, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: TT W-4 calculations - Can it be correct?
Replies: 7
Views: 649

TT W-4 calculations - Can it be correct?

Hi Bogleheads. Tax time again. For many years past, we have been using TT Deluxe and adjusting on W-4s based on its calculations. Currently, my wife is claiming Single 5 and I'm claiming Single 4. Neither of us have any additional withholding. For 2017, we are getting a small refund of $224 back. As...
by bbrock
Tue Feb 27, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: 1st year I have to pay AMT - Legitimate or an Error?
Replies: 14
Views: 1656

Re: 1st year I have to pay AMT - Legitimate or an Error?

Tx y'all for the input with this matter. Guess the AMT benefited me this year w/ being able to pocket that $42.
by bbrock
Tue Feb 27, 2018 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: 1st year I have to pay AMT - Legitimate or an Error?
Replies: 14
Views: 1656

Re: 1st year I have to pay AMT - Legitimate or an Error?

Just examined the different scenarios using forms view on TT. Having 3 prop tax installments to deduct gives me an extra $42 back from the IRS.

Regular tax without AMT $25,523
Regular tax with AMT $25,481
The AMT is $1,604
by bbrock
Tue Feb 27, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: 1st year I have to pay AMT - Legitimate or an Error?
Replies: 14
Views: 1656

Re: 1st year I have to pay AMT - Legitimate or an Error?

@stats99. Yes, I wish I actually open TT 2016 and ran some numbers. My assumption that it wouldn't affect me did not work too well. @daftinvestor. I ran the standard deduction, and that is definitely not the way to go as I'd owe $5823. When I run TT based on if I just claim 2 property tax installmen...
by bbrock
Tue Feb 27, 2018 2:02 am
Forum: Personal Finance (Not Investing)
Topic: 1st year I have to pay AMT - Legitimate or an Error?
Replies: 14
Views: 1656

1st year I have to pay AMT - Legitimate or an Error?

I paid all our 2017-2018 property taxes this year on our primary and secondary homes. We have not previously had to pay AMT, and that is what I used/assumed would be the case even if I prepaid all our 2017-2018 taxes. I paid these taxes b/c I did have the bills, there's going to be the $10k limit fo...
by bbrock
Sun Jan 14, 2018 10:28 am
Forum: Personal Consumer Issues
Topic: My New Car Buying Tips
Replies: 533
Views: 142062

Re: My New Car Buying Tips

Use the KBB (Kelly blue book) app. After u price a new car, the last page gives u an option to contact/email many nearby dealerships. The screen is populated with many dealerships b/c earlier in the process u enter ur zip code.
by bbrock
Sun Jan 07, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: california homeowners - do you have earthquake insurance?
Replies: 97
Views: 12367

Re: california homeowners - do you have earthquake insurance?

@visualguy, that was exactly my plan. I went with the highest deductible, dropped every optional coverage option (i.e. loss of use, personal property). It’s merely a policy for a catastrophic loss. $655 premium and we are in the East Bay (Tri-Valley).
by bbrock
Sun Jan 07, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: california homeowners - do you have earthquake insurance?
Replies: 97
Views: 12367

Re: california homeowners - do you have earthquake insurance?

Yes, you have to purchase earthquake insurance through your homeowners insurance carrier. That is what is stated in the CEA policy booklet I have. I called a contractor in my area as well as different insurance agents to get their opinion of what it cost price per square foot to rebuild in my area. ...
by bbrock
Fri Dec 29, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 4646

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

And at POF and gasdoc, yes it is too late to start the DAFs, at least w/ appreciated holdings. When I browsed the FAQ section of the Vanguard Charitable website, it had a list of cut-off dates, and I think it was 12/21 to start it w/ a transfer of holdings. This was the same for Fidelity's DAF.
by bbrock
Thu Dec 28, 2017 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 4646

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

@ivk5. Your points are true. Even though I am on the cusp, I may have to bunch up charitable donations and or make a bigger donation in 2018 going forward to put me over the standard deduction. So it could still work in another year, especially the one in which I choose to make the initial $5000 con...
by bbrock
Thu Dec 28, 2017 9:32 pm
Forum: Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 38
Views: 4810

Re: Has anyone had problems gifting Vanguard shares to an organization?

Window of opportunity for a DAF has passed. The only DAF I would consider would be Fidelity. I would not open Vanguard one with a minimum of $25,000.
by bbrock
Thu Dec 28, 2017 8:41 pm
Forum: Personal Investments
Topic: Has anyone had problems gifting Vanguard shares to an organization?
Replies: 38
Views: 4810

Re: Has anyone had problems gifting Vanguard shares to an organization?

Going to have to piggyback on this thread. I noticed some posters here have stated they contributed to organizations had Vanguard brokerage accounts. There is one more trading day left. I need to find an organization that has a Vanguard brokerage account so I could streamline the donation process an...
by bbrock
Thu Dec 28, 2017 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Increasing 2017 charitable donations d/t 2018 tax bill?
Replies: 24
Views: 1964

Re: Increasing 2017 charitable donations d/t 2018 tax bill?

Checked link. Looked at FAQ page. Note: *Contributions of mutual funds or securities that are held at Vanguard entered online with electronic authorization can be received through end of day December 31st for a 2017 deduction. Please consult your tax advisor for questions related to your tax situati...
by bbrock
Thu Dec 28, 2017 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Increasing 2017 charitable donations d/t 2018 tax bill?
Replies: 24
Views: 1964

Re: Increasing 2017 charitable donations d/t 2018 tax bill?

Doing this though the donor has no input though where the money goes, correct?
by bbrock
Thu Dec 28, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Increasing 2017 charitable donations d/t 2018 tax bill?
Replies: 24
Views: 1964

Re: Increasing 2017 charitable donations d/t 2018 tax bill?

My apologies, duplicate post as I had submitted this in the DAF thread: Dang it, so my local NPR station KQED and Cal C Academy of sciences do not have brokerages set up with Vanguard and as such I cannot sell appreciated assets due to having to submit paperwork. The only way this can be completed p...
by bbrock
Thu Dec 28, 2017 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 4646

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

Dang it, so my local NPR station KQED and Cal C Academy of sciences do not have brokerages set up with Vanguard and as such I cannot sell appreciated assets due to having to submit paperwork. The only way this can be completed prior to noon tomorrow is if I find some charitable organizations that ha...
by bbrock
Thu Dec 28, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 4646

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

&WL2034, fundseeker. When I think about the situation and realize the remaining trading sessions of the 2017 market, I think my ship has sailed to open/fund a fidelity DAF with appreciated assets from my taxable Vanguard account. But then when I read more from a few of the prior posts about those in...
by bbrock
Thu Dec 28, 2017 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 4646

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

Dear Gill Sorry i missed your other question. Currently I'm not itemizing. I thought opening DAF would be good item to start itemization but seems like i cannot do this now. I follow bogleheads suggestion for tax deduction which is to max out 1) 401k 2) traditional ira 3) plan for hsa I currently (...
by bbrock
Thu Dec 28, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Increasing 2017 charitable donations d/t 2018 tax bill?
Replies: 24
Views: 1964

Re: Increasing 2017 charitable donations d/t 2018 tax bill?

Upon looking at the cost of all the major listed companies DAF accounts ( from that table I linked to) I’ve come to except that is just a cost of doing business.

Good points CAsage. Uagh... 2025, I’m going to go crazy until then.
by bbrock
Thu Dec 28, 2017 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Increasing 2017 charitable donations d/t 2018 tax bill?
Replies: 24
Views: 1964

Re: Increasing 2017 charitable donations d/t 2018 tax bill?

@j295, if we’ve never been been assessed AMT, would it still be a concern if we r in 25% fed 9.3% CA FTB and we choose to maybe partake in the $5k Fidelity DAF? @sunny SoCal. U say u don’t have funds to use for a DAF. Look at any overweighted holding in your taxable account, that is if you have taxa...
by bbrock
Thu Dec 28, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?
Replies: 67
Views: 4646

Re: New Tax Bill -- Should we open a Donor Advised Fund (DAF) before the end of the year?

Like everyone, trying to scramble by year end to make sense of all of this. Sorry to piggyback on to this thread... hope it's okay. Our bracket is 25% Fed w/ a state tax to CA FTB 9.3% (34.3%). Based on my 2016 return, shows I will probably fall below the std deduction of $24k for 2018. May be b/w $...
by bbrock
Thu Dec 28, 2017 1:16 am
Forum: Personal Finance (Not Investing)
Topic: Increasing 2017 charitable donations d/t 2018 tax bill?
Replies: 24
Views: 1964

Re: Increasing 2017 charitable donations d/t 2018 tax bill?

@ masterofinvesting, Great. I just looked at that. Looks good, except of I did the minimum $5k that would be assessed a $100 or 0.6% fee, whichever is greater. So, the $100 would apply and that is 2%... ouch. But it is a lot more reasonable right now that a $25k amount to Vanguard's DAF.
by bbrock
Thu Dec 28, 2017 12:39 am
Forum: Personal Finance (Not Investing)
Topic: Increasing 2017 charitable donations d/t 2018 tax bill?
Replies: 24
Views: 1964

Re: Increasing 2017 charitable donations d/t 2018 tax bill?

Nice. Completely overlooked DAFs. But dang, looked at Vanguard's, since we have all with them besides our cash/bank accounts and our employer plans (i.e. 401k, 457, etc.), and I'm taken aback by that initial contribution of $25k. I know everybody is scrambling to get things done b4 year-end given th...