Search found 94 matches

by goonie
Sun Mar 03, 2019 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: tax questions about interest on state refunds
Replies: 9
Views: 705

Re: tax questions about interest on state refunds

Use the federal standard deduction for the appropriate year. This may be too unusual for TurboTax, but I am not a software expert. Ok, thanks. Regardless of whether I use 2015, 2016, or 2017's itemized deduction total, I'm going to be well above the federal standard deduction after subtracting the ...
by goonie
Sun Mar 03, 2019 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: tax questions about interest on state refunds
Replies: 9
Views: 705

Re: tax questions about interest on state refunds

Almost. Say the standard deduction was $12,000 in Year X. You itemized $15,000, including state income tax, and later received $2000 state tax refund. It is all taxable since you could have still itemized without it. Same standard deduction. You itemized $13,500 and later received $2000 refund. Now...
by goonie
Sat Mar 02, 2019 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: tax questions about interest on state refunds
Replies: 9
Views: 705

Re: tax questions about interest on state refunds

Following up... I didn't receive a 1099-INT for state refund interest because the total was less than $10. 1099-INTs usually don't get generated if the amount is less than $10. I'm still going to report the small amount of interest because it's still reportable and taxable (anything over 49 cents is...
by goonie
Thu Feb 28, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: tax questions about interest on state refunds
Replies: 9
Views: 705

Re: tax questions about interest on state refunds

I itemized deductions on my 2015 & 2016 returns and deducted state tax paid in those years. Same for 2017. I'm kind of thinking that my 2015, 2016, and 2017 state tax payment amounts don't really matter for this anyway. I think what matters is whether the refunds I received in 2018 are taxable, whic...
by goonie
Thu Feb 28, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: tax questions about interest on state refunds
Replies: 9
Views: 705

Re: tax questions about interest on state refunds

No, the interest should be on a 1099-INT. If it wasn't reported on one, you can still manually enter it on Schedule B. It will be taxable and you can enter it when Turbo Tax asks you about interest received from bank accounts and such--it's treated the same. The TurboTax questions about your state ...
by goonie
Thu Feb 28, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: tax questions about interest on state refunds
Replies: 9
Views: 705

tax questions about interest on state refunds

I asked a few questions here, so I bolded them for clarity. Thanks to anyone who can help. In 2018, I amended my 2015 and 2016 tax returns (both federal and state) and received refunds plus interest for both years (federal and state). In January 2019, I received two 1099-G forms from the state - one...
by goonie
Fri Nov 09, 2018 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax on TaxMarkDown.com
Replies: 42
Views: 5383

Re: TurboTax on TaxMarkDown.com

GrowthSeeker wrote:
Fri Nov 09, 2018 3:34 pm
I just checked TT's site: $99 for Premier download PC
Or at Amazon: $89.

Any reason NOT to get it from Amazon (for $10 less)?
I was wondering this as well.
by goonie
Mon Oct 01, 2018 8:13 am
Forum: Personal Consumer Issues
Topic: how to determine the maintenance schedule for newer cars?
Replies: 18
Views: 1424

Re: how to determine the maintenance schedule for newer cars?

As someone who likes to plan ahead for scheduled maintenance I understand your frustration. With our 2013 Accord I'm using the Maintenance Minder, but have observed the following over the first 90k: Oil change intervals (I change ASAP after hitting 15% oil life), based on our particular driving sty...
by goonie
Sun Sep 30, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: how to determine the maintenance schedule for newer cars?
Replies: 18
Views: 1424

Re: how to determine the maintenance schedule for newer cars?

I don't want to bring my car in for something and then get a pop up a couple weeks later that something else needs to be addressed in the next 1-2k miles. Or hell, even the next 3k mIles. That's not how MM works. All maintenance items are segregated by oil change intervals just as they were with a ...
by goonie
Sun Sep 30, 2018 3:33 pm
Forum: Personal Consumer Issues
Topic: how to determine the maintenance schedule for newer cars?
Replies: 18
Views: 1424

Re: how to determine the maintenance schedule for newer cars?

The only time I can see this a problem is when you are about to leave on a long (thousand-mile) trip and you are not sure if the car will need maintenance soon. In such a case I might be inclined to do an early oil change. Other than an oil change- I don't think there is anything that can't wait fo...
by goonie
Sun Sep 30, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: how to determine the maintenance schedule for newer cars?
Replies: 18
Views: 1424

Re: how to determine the maintenance schedule for newer cars?

On the one hand, you can easily google for the maintenance schedule of any new car and can probably find one that is broken down by mileage increments and maintenance to perform at each. On the other hand, why not just follow the recommendation of the Maintenance Minder (in the case of a Honda/Acur...
by goonie
Sun Sep 30, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: how to determine the maintenance schedule for newer cars?
Replies: 18
Views: 1424

how to determine the maintenance schedule for newer cars?

I have a 15 year old car but I'm looking to get a new one. One thing I'm struggling with is how to determine the maintenance schedule/intervals on newer cars. I'm accustomed to there being a recommended schedule in the owners manual. However, it seems that many (most? all?) new cars only keep track ...
by goonie
Tue Jul 31, 2018 12:42 pm
Forum: Investing - Theory, News & General
Topic: placement of Total International Bond in portfolio
Replies: 5
Views: 658

Re: placement of Total International Bond in portfolio

GAAP wrote:
Tue Jul 31, 2018 10:33 am
Tax sheltered if possible -- yes it generates a lot of current income.
Thanks.

I'll be working to get all of my bond holdings (both US and International) in my tax-deferred space and then use my tax-free and taxable for stocks.
by goonie
Tue Jul 31, 2018 8:51 am
Forum: Investing - Theory, News & General
Topic: placement of Total International Bond in portfolio
Replies: 5
Views: 658

placement of Total International Bond in portfolio

The Bogleheads wiki page on Tax-efficient fund placement (linked below) recommends that Total Market Bond funds go best in either Tax-deferred or Tax-free accounts. I understand this recommendation includes Total US Bond funds but would it also include Total International Bond funds? I think it does...
by goonie
Wed Jul 25, 2018 7:51 am
Forum: Personal Finance (Not Investing)
Topic: question about amendments and itemizing state taxes in Schedule A (1040)
Replies: 3
Views: 430

Re: question about amendments and itemizing state taxes in Schedule A (1040)

You would deduct the state tax in the year you paid it, and then report the refund (and interest, on a different line) as income in the year you received it. This is the same thing you do when you pay your state tax during the year, and then receive a refund the next April. Thanks. I'll deduct the ...
by goonie
Tue Jul 24, 2018 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: question about amendments and itemizing state taxes in Schedule A (1040)
Replies: 3
Views: 430

question about amendments and itemizing state taxes in Schedule A (1040)

Trying to figure something out and was wondering if anyone could help... In 2016, I filed my 2015 state tax return and paid approximately $800 to cover the amount I owed. However, I did not include that amount as part of my itemized deductions on my 2016 federal return (Schedule A, line 5). I filed ...
by goonie
Tue Jul 10, 2018 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to obtain older ROTH contribution #'s
Replies: 20
Views: 2764

Re: Best way to obtain older ROTH contribution #'s

So I decided to call the IRS. I spoke to a very friendly and helpful person but didn't really get anywhere. She checked and there wasn't a way for her to get my contribution amounts for the years in question. She was only able to go back 10 years - just like the online Get Transcript tool. She also ...
by goonie
Mon Jul 09, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to obtain older ROTH contribution #'s
Replies: 20
Views: 2764

Re: Best way to obtain older ROTH contribution #'s

That's interesting Alan. Thanks. And thank you retiredjg and Nate79 for the suggestions but yeah, I've looked into those possibilities. At this point, I think I've exhausted all possibilities for obtaining any sort of documentation (not just 5498 forms) for the first few years I had my Roth IRA. I h...
by goonie
Sun Jul 08, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Best way to obtain older ROTH contribution #'s
Replies: 20
Views: 2764

Re: Best way to obtain older ROTH contribution #'s

I think you're probably right. My issue is that I don't have 5498 forms for the first several years I was contributing and there doesn't seem to be a way to get them. I'm fairly confident about what I contributed during those years but I don't have any official documentation to back that up.
by goonie
Sat Jul 07, 2018 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to obtain older ROTH contribution #'s
Replies: 20
Views: 2764

Re: Best way to obtain older ROTH contribution #'s

Resurrecting this thread from last year... When withdrawing Roth IRA contributions prior to age 59.5, is documentation of the contribution amounts only needed in the event of an audit? And if so, would 5498 forms be the only acceptable documents? I'm thinking of normal contributions here (not conver...
by goonie
Mon Jul 02, 2018 1:50 pm
Forum: Personal Investments
Topic: Do you own just 5% of anything?
Replies: 65
Views: 5465

Re: Do you own just 5% of anything?

6% of my investment portfolio is in the Vanguard Total International Bond Index fund. That's the lowest. Next lowest is 14% in the Vanguard Total Bond Market Index fund. These 2 combined make up my bond holdings (20% of my portfolio).
by goonie
Tue Jun 26, 2018 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Timing exit from megacorp
Replies: 54
Views: 6876

Re: Timing exit from megacorp

This is pretty simple to me. If May 15 is the last day I really care about being employed (and getting paid) by a company, then I'm not mentioning a word to anyone until May 16.
by goonie
Mon Jun 11, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Would you choose text or email for two-factor authentication?
Replies: 50
Views: 3812

Re: Would you choose text or email for two-factor authentication?

OP here. So I think I'm going with email over text. My understanding is that Gmail with Google Authenticator 2FA is more secure than SMS texts. Based on some reading, it sounds like SMS can easily be hacked a few different ways (and they don't all involve someone just social engineering your wireles...
by goonie
Mon Jun 11, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Would you choose text or email for two-factor authentication?
Replies: 50
Views: 3812

Re: Would you choose text or email for two-factor authentication?

That's interesting. I take it that's more secure than having 2FA texts sent to a cell phone? Yes, because people have been having their cell phones compromised by "social hackers" who convince cell phone store personnel that they are you and that you (they) have lost your phone and need a new SIM. ...
by goonie
Mon Jun 11, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: Would you choose text or email for two-factor authentication?
Replies: 50
Views: 3812

Re: Would you choose text or email for two-factor authentication?

Cheyenne wrote:
Mon Jun 11, 2018 11:29 am
I have 2FA texts sent to a dedicated Google Voice number that is tied to a dedicated Gmail address and I read it on my computer.
That's interesting. I take it that's more secure than having 2FA texts sent to a cell phone?
by goonie
Mon Jun 11, 2018 11:10 am
Forum: Personal Consumer Issues
Topic: Would you choose text or email for two-factor authentication?
Replies: 50
Views: 3812

Would you choose text or email for two-factor authentication?

When dealing with companies that are behind the times by not offering app or key based 2FA, would you choose to receive your authentication codes via text or email? The two articles linked below indicate that email is slightly more secure than text. Do you agree? I would most likely be using a gmail...
by goonie
Sat Sep 03, 2016 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Resigning from a job: best practices and advice?
Replies: 111
Views: 16222

Re: Resigning from a job: best practices and advice?

Anybody ever ask their manager (or manager's manager) if you can use them as a reference in the future? I've forgotten to do this in the past but it might be a good thing to do before walking out the door. goonie, In this day and age, we do this via LinkedIn. A) Is the person willing to be connecte...
by goonie
Sat Sep 03, 2016 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Resigning from a job: best practices and advice?
Replies: 111
Views: 16222

Re: Resigning from a job: best practices and advice?

Anybody ever ask their manager (or manager's manager) if you can use them as a reference in the future? I've forgotten to do this in the past but it might be a good thing to do before walking out the door. The only situation in which I asked for a reference was when a prior employer was closing the...
by goonie
Sat Sep 03, 2016 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Resigning from a job: best practices and advice?
Replies: 111
Views: 16222

Re: Resigning from a job: best practices and advice?

Anybody ever ask their manager (or manager's manager) if you can use them as a reference in the future? I've forgotten to do this in the past but it might be a good thing to do before walking out the door.
by goonie
Sat Jun 25, 2016 8:22 am
Forum: Personal Investments
Topic: Minimum asset allocation per fund
Replies: 5
Views: 575

Re: Minimum asset allocation per fund

I can't provide any links or research, so this really isn't much help but I've read some things that said it's not worth it to have less than 10% of your portfolio in something. I don't have less than 25% in anything. I'm 50% total us stock, 25% total int'l stock, and 25% total us bond. But I would ...
by goonie
Wed May 25, 2016 10:12 am
Forum: Investing - Theory, News & General
Topic: This Bull Seems to be Getting Pretty Long In the Tooth
Replies: 76
Views: 10406

Re: This Bull Seems to be Getting Pretty Long In the Tooth

I've recently been wondering why a lot of people keep saying that we're still in a bull market. The market has basically been flat for the last year and a half or so.
by goonie
Sat Apr 30, 2016 9:00 am
Forum: Investing - Theory, News & General
Topic: For those of you who immediately sell employee stock from ESPP…
Replies: 18
Views: 5583

Re: For those of you who immediately sell employee stock from ESPP…

By the way, thank you dbr and David Jay for helping me correct my mindset on this. :beer
by goonie
Sat Apr 30, 2016 8:48 am
Forum: Investing - Theory, News & General
Topic: For those of you who immediately sell employee stock from ESPP…
Replies: 18
Views: 5583

Re: For those of you who immediately sell employee stock from ESPP…

Sometimes you make 15%, sometimes it is 25% and sometimes it is 5%. Very rarely it is 40% or -10%, but even those feed the average. Yeah, I guess the correct way to look at it is if you made between 10 and 20% for 3 straight quarters but then lose 5% the next time, you're still coming out way ahead...
by goonie
Sat Apr 30, 2016 8:32 am
Forum: Investing - Theory, News & General
Topic: For those of you who immediately sell employee stock from ESPP…
Replies: 18
Views: 5583

Re: For those of you who immediately sell employee stock from ESPP…

dbr wrote:Selling at a loss does net the benefit of a tax loss.
Yeah, I guess I need to investigate the tax benefits of selling at a loss.
by goonie
Sat Apr 30, 2016 8:12 am
Forum: Investing - Theory, News & General
Topic: For those of you who immediately sell employee stock from ESPP…
Replies: 18
Views: 5583

For those of you who immediately sell employee stock from ESPP…

Have you ever encountered the scenario where the stock dropped below the "after discount" purchase price before you were able to sell? If so, did you just hold on to it until it went back up and you were able to profit from it? For example, let’s say the discount is 15% off the stock price on the da...
by goonie
Sun Apr 24, 2016 9:13 pm
Forum: Investing - Theory, News & General
Topic: Dow 100,000
Replies: 33
Views: 6714

Re: Dow 100,000

Is he putting his money where his mouth is? If by "he", you mean Ric Edelman, then I guess you need to know that he's a strong advocate of a widely globally diversified portfolio spread across many (19?) asset classes, which he and all of the associates at his company invest in, as well as his clie...
by goonie
Sun Apr 24, 2016 7:23 pm
Forum: Investing - Theory, News & General
Topic: Dow 100,000
Replies: 33
Views: 6714

Re: Dow 100,000

It wouldn't surprise me if I don't see Dow 100k in my lifetime. I've got maybe 50 years left, and 3.5% nominal would get it to just over 100k in that timeframe. I plan for 2% real growth with stocks, so wouldn't be surprised by 3.5% nominal. Wow, 2% real and/or 3.5% nominal over the next 50 years i...
by goonie
Sun Apr 24, 2016 6:50 pm
Forum: Investing - Theory, News & General
Topic: Dow 100,000
Replies: 33
Views: 6714

Re: Dow 100,000

Is he putting his money where his mouth is?
by goonie
Sun Apr 24, 2016 6:32 pm
Forum: Personal Investments
Topic: Taxable accounts, help needed
Replies: 11
Views: 1408

Re: Taxable accounts, help needed

Don't look at a taxable account as a separate portfolio with its own asset allocation (even if it's the same asset allocation as your 403B account). Look at it all together as one portfolio with one asset allocation. Try and keep all your bond holdings in your 403B, if possible. And two great stock ...
by goonie
Tue Aug 25, 2015 8:25 pm
Forum: Personal Consumer Issues
Topic: Aloha Shirt: Yes or No
Replies: 80
Views: 11181

Re: Aloha Shirt: Yes or No

It seems to me that the people who get worked up about what other people wear are just generally uptight about a lot of things.

Wear what makes you happy.
by goonie
Sun Aug 09, 2015 7:12 am
Forum: Personal Finance (Not Investing)
Topic: References in retirement
Replies: 5
Views: 1279

Re: References in retirement

Thank you both for the replies. I guess when the time comes, I'll probably keep up with one or two references from my career - just in case.
by goonie
Sat Aug 08, 2015 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: References in retirement
Replies: 5
Views: 1279

References in retirement

For those of you who retired and waited a little while before getting a part-time job (just to have something to do or make a little extra money), how did you handle references for the part-time job? Did you keep in contact with your career references after retirement? Or did you even need reference...
by goonie
Sat Jul 04, 2015 8:48 am
Forum: Personal Consumer Issues
Topic: Buying a new desktop computer
Replies: 42
Views: 6770

Re: Buying a new desktop computer

I currently have a laptop and a smartphone. When it comes time to replace the laptop, I'm going with a desktop. And I'll supplement that with a tablet for mobile use around the house (I might bring it while traveling sometimes too). My reasoning is that you can get a desktop that takes up a lot less...
by goonie
Fri Jul 03, 2015 8:16 pm
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 48971

Re: Emergdoc on Mr. Money Mustache

I like MMM. I think he gives a lot of good, thought provoking advice. I certainly don't agree with all of what he says and even on some of the things I do agree with, I have no desire to take it to the level that he has. But that's ok. There's never going to be a personal finance/lifestyle blogger w...
by goonie
Sat Jun 13, 2015 10:51 am
Forum: Personal Investments
Topic: Employer Company Stock Purchase Programs
Replies: 14
Views: 1889

Re: Employer Company Stock Purchase Programs

I vote for option 3. It's what I do and seems to be the consensus on this site.
by goonie
Sat Jun 13, 2015 7:05 am
Forum: Personal Consumer Issues
Topic: How to securely dispose old computer?
Replies: 43
Views: 15277

Re: How to securely dispose old computer?

Another free erase program is DBAN. I've used it several times. I don't bother with physically destroying the drive. I just give it to an electronics recycler after wiping it.

http://www.dban.org/
by goonie
Sat May 30, 2015 8:11 am
Forum: Personal Finance (Not Investing)
Topic: Anyone changed careers after building required nest egg?
Replies: 13
Views: 3199

Re: Anyone changed careers after building required nest egg?

rgs92 wrote:It's interesting how so many folks in the IT world can't stand it and want to retire extremely early just to get away from it.
Add me to the list. The money is good but the stress level is intense.
by goonie
Sun Sep 21, 2014 9:31 am
Forum: Personal Consumer Issues
Topic: iOS 8 update available today
Replies: 65
Views: 8442

Re: iOS 8 update available today

I think it’s pretty crummy that a phone that was considered Apple's premier phone for most of 2011 (the iPhone 4) is now no longer able to be kept up to date with security fixes. Nice 3 year life span there. For those who don’t know, iOS 8 is not compatible with the 4. That phone is ancient in tech...
by goonie
Sun Sep 21, 2014 9:11 am
Forum: Personal Consumer Issues
Topic: iOS 8 update available today
Replies: 65
Views: 8442

Re: iOS 8 update available today

I think it’s pretty crummy that a phone that was considered Apple's premier phone for most of 2011 (the iPhone 4) is now no longer able to be kept up to date with security fixes. Nice 3 year life span there. For those who don’t know, iOS 8 is not compatible with the 4. What are the "security fixes"...
by goonie
Sun Sep 21, 2014 8:34 am
Forum: Personal Consumer Issues
Topic: iOS 8 update available today
Replies: 65
Views: 8442

Re: iOS 8 update available today

I think it’s pretty crummy that a phone that was considered Apple's premier phone for most of 2011 (the iPhone 4) is now no longer able to be kept up to date with security fixes. Nice 3 year life span there. For those who don’t know, iOS 8 is not compatible with the 4. What are the "security fixes"...