Search found 7 matches

by guslucas
Sat Aug 01, 2020 11:12 pm
Forum: Personal Investments
Topic: QCD from non spousal IRA
Replies: 15
Views: 592

Re: QCD from non spousal IRA

I am still a little confused by the "non QCD distribution". I seem to understand that if I make the QCD and RMD distribution at the same time, I won't get the tax benefit on the QCD? Let me give you a real life example on what I plan to do next year: My RMD next year will around $60K; I plan to giv...
by guslucas
Sat Aug 01, 2020 8:36 pm
Forum: Personal Investments
Topic: QCD from non spousal IRA
Replies: 15
Views: 592

Re: QCD from non spousal IRA

I am still a little confused by the "non QCD distribution". I seem to understand that if I make the QCD and RMD distribution at the same time, I won't get the tax benefit on the QCD? Let me give you a real life example on what I plan to do next year: My RMD next year will around $60K; I plan to give...
by guslucas
Sat Aug 01, 2020 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Calculated Tax Penalty
Replies: 3
Views: 313

Re: Turbotax Calculated Tax Penalty

Thanks for the quick response! Bad assumption for the QCD on my part I guess. Should be safe for a tax penalty this year because my income will be reduced by 60K$ since there is no RMD this year. I'll remember to withhold enough from the RMD in 2021!
by guslucas
Sat Aug 01, 2020 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Turbotax Calculated Tax Penalty
Replies: 3
Views: 313

Turbotax Calculated Tax Penalty

I have been using Turbotax for many years. This year I submitted my taxes on time on July 10,2020 but the program calculated I owed a $234 tax penalty. My taxes this year are almost same as last year. I am retired and took an RMD in Nov 2019 and also had a qualified charitable distribution of 5K$. I...
by guslucas
Thu Dec 15, 2011 7:29 pm
Forum: Personal Investments
Topic: Portfolio Rebalance Software
Replies: 3
Views: 526

Re: Portfolio Rebalance Software

Thanks for the suggestions. I will try out.
by guslucas
Thu Dec 15, 2011 9:55 am
Forum: Personal Investments
Topic: Portfolio Rebalance Software
Replies: 3
Views: 526

Portfolio Rebalance Software

Does anyone know of a free Excel spreadsheet that I can use to rebalance my portfolio? I don't need a full fledged program like Fund Manager, as I just need a quick easy way to rebalance and add new funds at the end of the year.
by guslucas
Thu Dec 15, 2011 12:28 am
Forum: Investing - Theory, News & General
Topic: Question: Solin's New Book
Replies: 14
Views: 1862

Re: Question: Solin's New Book

Dan, In your last book "The Smartest Retirement Book You'll Ever Read" you had a chapter - Resist the Lure of ETF's. I just purchased you new book "The Smartest Portfolio You'll Ever Own" and did a quick check of the portfolios in the back of the book. I see that in your "Supersmart" portfolios now ...