Search found 115 matches

by mggray17
Wed Dec 11, 2019 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Reporting IRA distributions from Treasury MM fund on state return
Replies: 6
Views: 299

Re: Reporting IRA distributions from Treasury MM fund on state return

I had several different flavors of Tax Exempt Funds last year. When filling out My NJ-1040, I provided an explanation sheet showing the IRS Ordinary Dividends, IRS Tax Exempt, %USGO and then NJ Tax Exempt amount. In your case the Ordinary Dividends would be equal to NJ Tax Exempt. Then I put that am...
by mggray17
Thu Dec 05, 2019 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: 403B vs 457B
Replies: 28
Views: 2365

Re: 403B vs 457B

I have a few questions that I believe are relevant to the OP also. Are the following statements true for non-Roth version? 1) Both 403b and 457b governmental plans are never taxed by the State if contributions are made from a payroll deductions. 2) #1 is true in only some states, none, or all. 3) P...
by mggray17
Sun Dec 01, 2019 8:36 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 293
Views: 22077

Re: H&R BLOCK Pre-Order 2019 Software Offer

For those who did the NewEgg deal, do you download it from the real H&R Block website? I purchased from Walmart a few years ago and the download link went to a third party site that looked sketchy to me, so I refused to download it. Purchasing from Amazon, my recollection is I downloaded either fro...
by mggray17
Fri Nov 29, 2019 10:11 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 293
Views: 22077

Re: H&R BLOCK Pre-Order 2019 Software Offer

Newegg just emailed a Black Friday only sale with the two offers with State below (download or CD) for $19.95. I will wait until later in the year in hopes to get a lower price, but this is a good deal for those who want the software sooner. H&R BLOCK Tax Software Deluxe + State 2019 Windows - Down...
by mggray17
Thu Oct 24, 2019 4:16 pm
Forum: Personal Investments
Topic: Inherited IRA with RMDs
Replies: 8
Views: 495

Re: Inherited IRA with RMDs

I have an Inherited IRA that is about 4% of my portfolio. I a have strategically placed my bonds and equities in my other accounts, until the time I received the Inherited IRA. Without fretting too much about whether equities or bonds should be placed here, I juts chose the Vanguard Balanced fund th...
by mggray17
Wed Sep 18, 2019 2:25 pm
Forum: Personal Consumer Issues
Topic: New Dishwasher Issue - Update 2
Replies: 15
Views: 1170

Re: New Dishwasher Issue - Update 2

Second Update: I hired a handyman to remove the old dishwasher. As it turned out, there is a NON GFI outlet behind the dishwasher. I know that I need to have a GFI outlet to conform to code in PA. Does anyone know if the GFI can be behind the dishwasher or does it have to be underneath the nearby s...
by mggray17
Fri Aug 30, 2019 4:26 am
Forum: Personal Consumer Issues
Topic: Vehicle idle stop-start when parking
Replies: 54
Views: 4048

Re: Vehicle idle stop-start when parking

Reason #27 not to buy a car with auto stop-start. Can you shut the ignition off before putting it in park? Is there a fuse you can pull to permanently disable the system? I have no interest in disabling it and am not opposed to start-stop. The Hyundai system is fine otherwise, it is very unobtrusiv...
by mggray17
Mon Aug 19, 2019 8:22 am
Forum: Personal Investments
Topic: Prudential 457
Replies: 5
Views: 445

Re: Prudential 457

Been contributing to my 457 for the last 12 years and am now just doing research on various different investment vehicles....one thing I noticed is that the statements seem very vague, only showing my contributions. No statements show any fees being taken nor do they show any dividends...I'm new to...
by mggray17
Sat Jul 27, 2019 6:24 am
Forum: Personal Finance (Not Investing)
Topic: NJ state paychecks for the fiscal 2019 is flawed!
Replies: 15
Views: 1275

Re: NJ state paychecks for the fiscal 2019 is flawed!

Here is how NY does it: “Pay Basis Code ANN (10 day basis) Annual Salaried employees paid on a biweekly basis over the full calendar year 365 Day Year = 14/365 = .038356 Biweekly Rate = .038356 x Total Annual Salary Work Day Rate= .10 x biweekly rate 366 Day Year = 14/366 = .038251 Biweekly Rate = ...
by mggray17
Fri Jul 26, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: NJ state paychecks for the fiscal 2019 is flawed!
Replies: 15
Views: 1275

Re: NJ state paychecks for the fiscal 2019 is flawed!

To further clarify the last two fiscal years started or stopped on a weekend day, thus 260 work days in the year - divisor of 26 This fiscal year has a leap day next feb, 262 work days this fiscal year - divisor 26.2, but most years the divisor is 26.1 If you will divide my annual salary by 26.2, t...
by mggray17
Fri Jul 26, 2019 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: NJ state paychecks for the fiscal 2019 is flawed!
Replies: 15
Views: 1275

Re: NJ state paychecks for the fiscal 2019 is flawed!

To further clarify the last two fiscal years started or stopped on a weekend day, thus 260 work days in the year - divisor of 26 This fiscal year has a leap day next feb, 262 work days this fiscal year - divisor 26.2, but most years the divisor is 26.1 If you will divide my annual salary by 26.2, t...
by mggray17
Fri Jul 26, 2019 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: NJ state paychecks for the fiscal 2019 is flawed!
Replies: 15
Views: 1275

Re: NJ state paychecks for the fiscal 2019 is flawed!

To further clarify the last two fiscal years started or stopped on a weekend day, thus 260 work days in the year - divisor of 26 This fiscal year has a leap day next feb, 262 work days this fiscal year - divisor 26.2, but most years the divisor is 26.1 I see you point above ----- but I've been worki...
by mggray17
Fri Jul 26, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: NJ state paychecks for the fiscal 2019 is flawed!
Replies: 15
Views: 1275

Re: NJ state paychecks for the fiscal 2019 is flawed!

My wife is working for the state as a salaried employee. We noticed that starting July paycheck the gross amount is no longer $Annual salary/No. of Paystubs (26). It is specifically $Annual/26.2! We inquired about that and they responded: This fiscal year (7/01/1902-6/30/2020) has 262 days when the...
by mggray17
Thu Jul 11, 2019 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating 2019 federal income taxes (to pay in 2020)
Replies: 10
Views: 1394

Re: Estimating 2019 federal income taxes (to pay in 2020)

After receiving my 13th paycheck of 26 for the year and my June 30th Vanguard statement with estimated yearly interest and dividends, I just did the same thing and found if I hadn't checked and hadn't made adjustments to my withholding I would have not been in safe harbor territory. After checking, ...
by mggray17
Fri Apr 12, 2019 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: NJ 403b Madness
Replies: 10
Views: 1008

Re: NJ 403b Madness

I do not have a 403(b), but I do have a NJ PERS Pension Account and a 457(b) account. Unlike traditional brokerage accounts, each of these clearly show my total contributions to date. Of course I document them to make sure I have them, but after almost thirty years they each show my total contributi...
by mggray17
Fri Apr 12, 2019 5:45 pm
Forum: Personal Consumer Issues
Topic: Buying a new computer could use advice
Replies: 32
Views: 2980

Re: Buying a new computer could use advice

If your looking at a Tower only, got my Mother this:

https://www.bestbuy.com/site/dell-inspi ... Id=6228201

i5, 12G RAM. She was completely frustrated with her 5/6 year old i3. Loves this computer. 0 issues for her.
by mggray17
Sun Mar 17, 2019 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Should I leave my local bank
Replies: 43
Views: 3835

Re: Should I leave my local bank

Try pulling the money from Ally instead of pushing it from your local bank. Ally's daily transfer limits are undoubtedly higher. This. I keep a local bank for cashing checks, Medallion service, etc. My father kept large sums of money in same local bank and when he passed I set up an estate account ...
by mggray17
Tue Mar 12, 2019 4:27 am
Forum: Personal Finance (Not Investing)
Topic: Section 199A Dividends Question
Replies: 22
Views: 903

Re: Section 199A Dividends Question

That is what H&R Block did for me. Entered $50.xx from 1099-DIV box 5.
The result is $10 on 1040 Line 9.
by mggray17
Sat Mar 09, 2019 7:05 am
Forum: Personal Consumer Issues
Topic: My lamp exploded - can I re-wire it so that it will work with different voltages?
Replies: 49
Views: 2818

Re: My lamp exploded - can I re-wire it so that it will work with different voltages?

The wire size is based on the current, not the voltage. As someone pointed out using 220 volts with something that with a load (bulb) that was designed for 120 volts will draw half the current. The wire for this range of voltage is typically rated for 600 volts. So the wire is not the issue. The iss...
by mggray17
Sat Mar 02, 2019 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Estate 1041 and splitting 1099's
Replies: 9
Views: 662

Re: Estate 1041 and splitting 1099's

Are you aware that you could put the estate on a fiscal year ending as late as 8/31/19 with the first return due 12/15/19? Gill I am. But certainly not an expert at this. There is a first time for everything. I settled all financials (except taxes) between September and December 31st. Figured it wo...
by mggray17
Mon Feb 25, 2019 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Estate 1041 and splitting 1099's
Replies: 9
Views: 662

Re: Estate 1041 and splitting 1099's

Are you aware that you could put the estate on a fiscal year ending as late as 8/31/19 with the first return due 12/15/19? Gill I am. But certainly not an expert at this. There is a first time for everything. I settled all financials (except taxes) between September and December 31st. Figured it wo...
by mggray17
Mon Feb 25, 2019 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Estate 1041 and splitting 1099's
Replies: 9
Views: 662

Re: Estate 1041 and splitting 1099's

Been playing H&R Block Business and see it can create 1099's, but seems to want you to print them and mail them to the IRS which contradicts the IRS instruction that they can only be on the IRS prepared scannable forms. :|
by mggray17
Sun Feb 24, 2019 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Estate 1041 and splitting 1099's
Replies: 9
Views: 662

Re: Estate 1041 and 1099's

Thx for the reply, fabdog.

Anyone have guidance as how to do this in H&R block? Ran the numbers through Taxact to get a feel for the interview and form, but Taxact is 59.99, and I downloaded the proper H&R product for $45, and that's what I've been using for 1040's the past few years.
by mggray17
Sun Feb 24, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Estate 1041 and splitting 1099's
Replies: 9
Views: 662

Estate 1041 and splitting 1099's

I appreciate all the good information here and had a few questions. I used the search and found many answers as well as reading the IRS pubs. But still have a few. So here goes: My father passed in early Sep 2018 and I'm working on filing the decedent 1040 and the estate 1041. 1099-R's, 1099-SSA, an...
by mggray17
Wed Jan 23, 2019 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: 1099-R Inherited IRA: Is this surprising?
Replies: 17
Views: 1406

Re: 1099-R Inherited IRA: Is this surprising?

I have an Inherited IRA. My father had his IRA at DWS. Not sure if it correct, but when I inquired they indicated I had to open the inherited IRA with them (DWS) and then I could transfer it wherever I wanted. Opened it with DWS, took my portion of the remainder of my Father's RMD for 2018. Then tra...
by mggray17
Wed Jan 23, 2019 7:53 pm
Forum: Personal Investments
Topic: Inherited IRA question
Replies: 22
Views: 1627

Re: Inherited IRA question

To clarify, when I said I split everything 50/50, I actually did the paper work for the inherited IRA's and 3 Individual stocks to be split 50/50.
All taxable investments (mutual funds) and CD's and saving were liquidated and deposited in the Estate Account and then split.
by mggray17
Wed Jan 23, 2019 7:33 pm
Forum: Personal Investments
Topic: Inherited IRA question
Replies: 22
Views: 1627

Re: Inherited IRA question

ALan S. Glad to hear your opinion on this. I have an inherited IRA. My father passed in Sep '18. My brother and I are equal beneficiaries. I have split all investment account 50% / 50%. The IRA was held at DWS. They set up an inherited IRA for me and one for my brother at the same time. I transferre...
by mggray17
Tue Jan 22, 2019 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Suggestion Box for Vanguard's Website
Replies: 4
Views: 399

Re: Suggestion Box for Vanguard's Website

I opened an inherited IRA in 2018. After the first of the year I was able to set up RMD's for 2019, which Vanguard correctly calculated for me, when going through the process. It is a simple calculation that I did my self prior to going through Vanguards process, by reading the appropriate IRS docum...
by mggray17
Fri Jan 18, 2019 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Retiring in NJ, no taxes?
Replies: 10
Views: 1159

Re: Retiring in NJ, no taxes?

The important thing to take into account is if your total income is over $100K, then there is no retirement exclusion.
by mggray17
Fri Nov 16, 2018 5:34 am
Forum: Personal Consumer Issues
Topic: which snow blower ?
Replies: 58
Views: 4354

Re: which snow blower ?

Bought an Ariens 28" SHO, used it last two seasons in NJ.
Not one regret. Ariens!!!!!!!
by mggray17
Tue Nov 06, 2018 7:35 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale
Replies: 314
Views: 29277

Re: H&R Block 2018 Tax Software Deluxe Federal + State $29.95

If I could post a picture, it would show $19.95 for me 2018 Deluxe (Fed) (copied from my purchase Order) "Price: $19.95 Sales tax: $1.30 Total: $21.25 Thanks for choosing H&R Block. We appreciate your business. :) Finally! I'm not the only one who got a good price. Wait a sec, you got the deluxe fo...
by mggray17
Mon Nov 05, 2018 5:29 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale
Replies: 314
Views: 29277

Re: H&R Block 2018 Tax Software Deluxe Federal + State $29.95

Little off-topic question but didn't want to start a new thread: If I were to be filing taxes this year for both myself and a relative who's not great with money, would I need to purchase two of these, or would I be able to get away with only one? Or does it depend on which type of tax software? H&...
by mggray17
Sun Nov 04, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale
Replies: 314
Views: 29277

Re: H&R Block 2018 Tax Software Deluxe Federal + State $29.95

2016: Paid $9.99 for the same product with an ISO of the CD and some promo codes. 2017: Paid $19.99 for the same product, BF sale at Amazon. I'm going to wait. I like the H&R product, (5) free federal efiles and, like others, do the state (NJ) with the program and transcribe to fillable forms that a...
by mggray17
Tue Oct 16, 2018 4:09 am
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 621
Views: 72958

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

I believe I read when enrolling, "Don't wait until 10/31 to start your transfer because it may take a few days to occur." So I would say 2. I don't currently have Ally, so can anyone help me verify if "fund by 10/31" means: 1) Schedule a transfer at Ally's bank to pull $ from an external bank on 10...
by mggray17
Mon Oct 15, 2018 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 621
Views: 72958

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

simplesimon wrote:
Mon Oct 15, 2018 2:56 pm
Almost 5% yield for a couple of months plus whatever interest you're getting from the account it's in? Seems too good to be true...?
I figure 1% for 3 months (10/15 to 1/15) = 4% APR + 1.9% APR = 5.9% APR for the 3 month period.
by mggray17
Mon Oct 15, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 621
Views: 72958

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Thinking about opening an account.... Excluding CDs, do most of you have both a checking and savings account, even if you seldom use the checking account? Any minimum balance in their checking acct? Beneficiaries: I can't find a clear answer, but it appears you can only assign POD beneficiaries to ...
by mggray17
Mon Oct 15, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 621
Views: 72958

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Hmmmmm. Transferred 150K to my Ally Online Savings on 10/12. Didn't know about the offer, before the transfer, so didn't sign up. Hmmmm. What to do? Would think about keeping 100K there until January for the extra $1000. UPDATE: Chatted with Ally. Said I'm eligible If I sign up even though the mone...
by mggray17
Mon Oct 15, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Banking 1% extra back up to $1,000 on new money deposited
Replies: 621
Views: 72958

Re: Ally Banking 1% extra back up to $1,000 on new money deposited

Hmmmmm. Transferred 150K to my Ally Online Savings on 10/12.
Didn't know about the offer, before the transfer, so didn't sign up.
Hmmmm. What to do? Would think about keeping 100K there until January for the extra $1000.
by mggray17
Sun Oct 14, 2018 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Neighbor discussing finances with me
Replies: 64
Views: 6467

Re: Neighbor discussing finances with me

When co-workers that like to invest and discuss investing, bring up discussion of individual stocks being a good pick or getting in and out of the market based on some factor or another, I listen intently to try and understand their theory and learn more. Then I simply state "That is not my investme...
by mggray17
Tue Oct 02, 2018 5:50 pm
Forum: Personal Consumer Issues
Topic: My Experience in Buying a Burial Plot: The cost (in NJ)
Replies: 64
Views: 5018

Re: My Experience in Buying a Burial Plot: The cost (in NJ)

Just laid my Father to rest in NJ. $4040.00
- direct cremation
- No special urn
- 1 Hour memorial service at funeral home
- usual Ledger, prayer cards, obits, clergy, etc.
- cremated remains buried in family plot in local cemetery
by mggray17
Fri Sep 07, 2018 4:30 am
Forum: Personal Consumer Issues
Topic: Certified Pre-Owned Cars (CPO): Is this normal?
Replies: 30
Views: 2812

Re: Certified Pre-Owned Cars (CPO): Is this normal?

I had been looking at GM CPO vehicles for the last six months. All cars I looked at online, GM CPO site, then same car at Dealers website, would have different disclaimers about the price. Only one of probably a dozen different cars had included in the disclaimer a "Certification" fee. I don't remem...
by mggray17
Thu Sep 06, 2018 4:58 pm
Forum: Personal Investments
Topic: Beginner Investor - Deferred Comp vs. Roth IRA
Replies: 10
Views: 961

Re: Beginner Investor - Deferred Comp vs. Roth IRA

Hi, I've been with NJ State Government for almost 27 years. Been in the 457 plan since early 2000's (back when it was administered by Division of Pensions before Prudential was involved. Long before I joined Bogleheads I owned many of the different funds within the 457 plan. After learning an enormo...
by mggray17
Wed Jul 11, 2018 4:18 am
Forum: Personal Consumer Issues
Topic: Any kayakers here?
Replies: 60
Views: 4090

Re: Any kayakers here?

I enjoy Kayaking and Canoeing. I don't get to do much of it in California. I am going on a 6 hour canoe trip in the wilderness of the Pine Barrens, New Jersey tomorrow. I recommend everyone check out rivers in this area: some of the best freshwater waters in the mid-east. Pineland Adventures? Pleas...
by mggray17
Fri Jun 22, 2018 4:30 am
Forum: Personal Consumer Issues
Topic: 4K Computer Monitors: 27 vs 32 inches?
Replies: 29
Views: 9731

Re: 4K Computer Monitors: 27 vs 32 inches?

I have a 27" Dell monitor, 2K resolution. Use it for Side by side documents all the time and love it.
Comparing it to dual 21" monitors I use at work, I see no downsides.
by mggray17
Thu May 10, 2018 4:35 am
Forum: Personal Investments
Topic: purchasing cd's
Replies: 18
Views: 2564

Re: purchasing cd's

Find the best available bank CD rates at depositaccounts.com Pay careful attention to early withdrawal penalties. If they are generous enough, you can have the same flexibility with a long term CD as with a short term while getting better yields. I'd look at them but would be cautious about early w...
by mggray17
Fri Apr 20, 2018 4:18 pm
Forum: Personal Consumer Issues
Topic: How to ask town to build a sidewalk?
Replies: 22
Views: 2060

Re: How to ask town to build a sidewalk?

Find out besides you walking the area, and the worn path is an indicator used by engineers that pedestrians do walk there, if there are any disabled people in the area that may also need the sidewalk. ADA is a bid deal and if the city county or state do roadway improvements in the area (certain thin...
by mggray17
Sun Apr 15, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block software problem
Replies: 16
Views: 3619

Re: H&R Block software problem

Used H&R Block desktop version for Tax Year 2016 and 2017. Had the same problem with the incorrect 2016 AGI entered. But i double check all input and found the instructions to change it after about 5 minutes. Right click -> override .... Was a little e frustrating at first you couldn't simply enter ...
by mggray17
Fri Mar 02, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: Google Pixel 2 Users-Experience So Far?
Replies: 37
Views: 3419

Re: Google Pixel 2 Users-Experience So Far?

Upgraded to a Pixel 2 from a Samsung S6.
So far, love it. All the apps just work. No more freezing or resetting the phone like I had to on my S6.
by mggray17
Mon Feb 19, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: Email from IRS this morning- is my information compromised?
Replies: 21
Views: 3958

Re: Email from IRS this morning- is my information compromised?

I received an email from that email domain when I registered for my IRS online access. So for me it was a legitimate IRS email.