Search found 6726 matches

by HueyLD
Mon Apr 22, 2019 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Assisted living and nursing home expenses
Replies: 26
Views: 1191

Re: Assisted living and nursing home expenses

Trying to convince a parent to leave his/her familiar environment for decades is never an easy task. My siblings went thru the process but couldn't get our parents to move. They finally agreed to move after an accident at home that almost took our mom's life. So, it is possible to get a parent who i...
by HueyLD
Mon Apr 22, 2019 5:20 pm
Forum: Personal Consumer Issues
Topic: Central A/C Question
Replies: 5
Views: 445

Re: Central A/C Question

My question to the OP is: "Why do you need to run A/C when it is 60F?"
by HueyLD
Mon Apr 22, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: Living Overseas for 4 Months/Year for Regional Travel (Retirement)
Replies: 25
Views: 1042

Re: Living Overseas for 4 Months/Year for Regional Travel (Retirement)

My wife and I aspire to spend extended periods abroad in retirement. We are years away and haven't begun planning in any significant way. I've always been a bit fuzzy on the rules about extended US travel and US citizenship. As permanent citizens, will we have any issues should we spend, say, 6-12 ...
by HueyLD
Mon Apr 22, 2019 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Assisted living and nursing home expenses
Replies: 26
Views: 1191

Re: Assisted living and nursing home expenses

You are looking for a place near you, right? Like 10-15 minutes away from your front door? Because emergencies happen routinely to residents of AL and NH, and you'll need to be able to respond quickly. No, it's near my mother's current residence, to which I travel by air. I have some thinking to do...
by HueyLD
Mon Apr 22, 2019 9:54 am
Forum: Personal Finance (Not Investing)
Topic: State taxes when moving to a new state
Replies: 4
Views: 321

Re: State taxes when moving to a new state

Do both before moving to AZ.

Yes, AZ will tax you to the max if you so after the move. There is no tax break for QDI or capital gain.
by HueyLD
Sat Apr 20, 2019 1:11 pm
Forum: Personal Consumer Issues
Topic: I need advice on cleaning a toilet. How to you clean this part of the toilet? What is the best thing to use?
Replies: 32
Views: 3317

Re: I need advice on cleaning a toilet. How to you clean this part of the toilet? What is the best thing to use?

Another very good and inexpensive cleaning product for the hard to work down in that slot where the water comes out (and also on the downhill side).

The Works is much better than the other liquids like Clorox or Lysol. You can get it at Walmart.

https://www.theworkscleans.com/toiletcleaner.html#
by HueyLD
Sat Apr 20, 2019 12:20 pm
Forum: Personal Consumer Issues
Topic: I need advice on cleaning a toilet. How to you clean this part of the toilet? What is the best thing to use?
Replies: 32
Views: 3317

Re: I need advice on cleaning a toilet. How to you clean this part of the toilet? What is the best thing to use?

Pumie scouring sticks at Walmart. Works well without chemical and inexpensively. https://www.walmart.com/ip/US-Pumice-Heavy-Duty-Scouring-Stick-Pack-of-4/772660938?wmlspartner=wlpa&selectedSellerId=11059&adid=22222222227253220826&wl0=&wl1=g&wl2=t&wl3=343266064308&wl4=pla-529908442759&wl5=1013442&wl6...
by HueyLD
Sat Apr 20, 2019 11:06 am
Forum: Personal Investments
Topic: Vanguard security
Replies: 22
Views: 1288

Re: Vanguard security

I do not use browser extensions. VG IT guy asked that questions too but he could not fix the reported problem.

I forgot what he asked me to do. He asked me to type in certain commands but nothing we tried worked.

FWIW, the 2FA system works as designed with my other brokerage.
by HueyLD
Sat Apr 20, 2019 9:49 am
Forum: Personal Investments
Topic: Vanguard security
Replies: 22
Views: 1288

Re: Vanguard security

Vanguard's 2FA system does not work consistently. I have mine set up to only send a code when it does not recognize the device. It works fine on iPads, but it doesn't work as expected on my Win 10 laptop. No matter what I do, it always sends a code when I access VG using my laptop. Their IT employee...
by HueyLD
Fri Apr 19, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: The reality of borrowing from your 401k for home mortgage
Replies: 48
Views: 3055

Re: The reality of borrowing from your 401k for home mortgage

- I plan on taking the house loan in my name only, thus fiancee's income isn't a part of the "salary history" used by banks, but ultimately her income will support the payments indirectly, thus should be considered in how much of a house we shouldn't buy. What would happen if you two should break u...
by HueyLD
Thu Apr 18, 2019 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 Interest on savings bond for kid
Replies: 3
Views: 305

Re: 1099 Interest on savings bond for kid

In 2018, we cashed in a number of savings bonds, with a small total aggregate value (low hundreds), for our 3 kids. I believe the resulting sums went into their bank/investment accounts. The savings bonds were, IIRC, mostly jointly titled in the standard fashion (I forget the exact phrasing) for a ...
by HueyLD
Thu Apr 18, 2019 1:13 pm
Forum: Personal Investments
Topic: SSA Retirement and Child-in-Care Spousal Benefits
Replies: 10
Views: 467

Re: SSA Retirement and Child-in-Care Spousal Benefits

Child is 13 and will collect until 18, that is five years. Wife will collect wife’s benefits until child is 16, that is three years.

The total is 8 years of benefits.
by HueyLD
Thu Apr 18, 2019 11:39 am
Forum: Personal Investments
Topic: SSA Retirement and Child-in-Care Spousal Benefits
Replies: 10
Views: 467

Re: SSA Retirement and Child-in-Care Spousal Benefits

A few important issues to address. 1) A child is a person which means his benefits may be taxed. For example, if the child is receiving $40k of tax exempt interest from a trust fund set up by his great grandmother, part of his SS benefits will be taxable, even if the tax exempt interest isn’t. 2) Th...
by HueyLD
Thu Apr 18, 2019 7:45 am
Forum: Personal Consumer Issues
Topic: Smoke detectors
Replies: 36
Views: 1686

Re: Smoke detectors

TexasPE, If a short person gets a taller ladder, then it may be too heavy for that person to even carry it. And stretching can be hazardous to one's life. Moreover, getting a taller person to do the work may require a service call and $100. I have a better way of handling the height, but I won't tel...
by HueyLD
Thu Apr 18, 2019 6:41 am
Forum: Personal Consumer Issues
Topic: Am I getting the runaround from my dentist?
Replies: 19
Views: 1927

Re: Am I getting the run-around from my dentist?

They file the claim as a courtesy but they don't have to. If this does not yield satisfactory results then you should file it yourself and fight the insurance yourself. That is the kind of healthcare provider I will never use. I am lucky in that I have never encountered a health professional so ful...
by HueyLD
Thu Apr 18, 2019 6:23 am
Forum: Personal Consumer Issues
Topic: Smoke detectors
Replies: 36
Views: 1686

Re: Smoke detectors

I bought a platform ladder (something like this) https://www.lowes.com/pd/Werner-8-ft-Fiberglass-Type-1A-300-lbs-Capacity-Podium-Step-Ladder/1000075179 that works for me - it gives me a stable working platform to change smoke detector batteries, work on ceiling fans, etc. So, is it safe to stand on...
by HueyLD
Wed Apr 17, 2019 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Jury Duty questions
Replies: 20
Views: 2060

Re: Jury Duty questions

I became US citizen few years back. Just received jury duty notice in mail today. It says I will know only on June 10th or so about the next steps. Have already made travel reservations to be out of the country from Jul 10 to Jul 31st. What will happen if I'm asked to appear on these dates? You hav...
by HueyLD
Sat Apr 13, 2019 5:13 pm
Forum: Investing - Theory, News & General
Topic: For those who were wondering what really happened...
Replies: 17
Views: 6531

Re: For those who were wondering what really happened...

A lot of people have asked or wondered what really happened three years ago that caused me to leave Portfolio Solutions. Now that a non-compete is over, I opened up to ThinkAdviser reporter Bernice Napach. Hold on to your hats! Rick Ferri Is Back in Business, Challenging the AUM Fee Model Rick Ferr...
by HueyLD
Sat Apr 13, 2019 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Applying for Medicare / Any Problems Submitting Requested Documents?
Replies: 10
Views: 341

Re: Applying for Medicare / Any Problems Submitting Requested Documents?

If your SSA account is already set up, you simply log in when prompted. No unfreezing is required.
by HueyLD
Sat Apr 13, 2019 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Re: Applying for Medicare / Any Problems Submitting Requested Documents?
Replies: 10
Views: 341

Re: Applying for Medicare / Any Problems Submitting Requested Documents?

I don't know why I didn't think of this earlier. I'll ask you guys! Turning 65 in early August, 2019. I will - of course - be applying for Medicare (A & B), on-line (?) next month (early May). My question - I'm hesitant regarding sending my original birth certificate via the mail (and, getting it b...
by HueyLD
Sat Apr 13, 2019 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Geico price too low??
Replies: 13
Views: 1133

Re: Geico price too low??

The OP may want to contact an independent agent in his area. If your insurance score is high, you can get good coverage at reasonable prices with a highly rated firm. Using an independent agent can save you a lot of time. P.s. There are a few companies to my knowledge that price their premiums annua...
by HueyLD
Sat Apr 13, 2019 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Contributions to grandchild's IRA
Replies: 6
Views: 439

Re: Contributions to grandchild's IRA

Can I setup a Roth IRA account for a grandchild and then directly contribute, an amount that does not exceed his or her's earned income, to that account? In this case, the grandchild does not owe any income taxes. But if they did, would they be eligible for the Retirement Income Tax Credit? Should ...
by HueyLD
Sat Apr 13, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block, no de minimis election?
Replies: 7
Views: 608

Re: H&R Block, no de minimis election?

Create your own statement to the effect and file it with your tax return.
by HueyLD
Sat Apr 13, 2019 12:29 am
Forum: Personal Finance (Not Investing)
Topic: How to transfer Ibonds from Treasury Direct?
Replies: 6
Views: 564

Re: How to transfer Ibonds from Treasury Direct?

No, your heirs are not required to deal with the TD. You can start liquidating your I bonds now and do so over a few years to spread out the tax hit.

It is a pain when someone dies, even though it is harder dealing with certain institutions than others. But TD is not the most difficult one.
by HueyLD
Fri Apr 12, 2019 12:06 pm
Forum: Personal Investments
Topic: Fidelity Private Service?
Replies: 9
Views: 621

Re: Fidelity Private Service?

It is an offer you do not have to accept.
by HueyLD
Fri Apr 12, 2019 9:18 am
Forum: Personal Finance (Not Investing)
Topic: What to do with Home Sale profits?
Replies: 28
Views: 2000

Re: What to do with Home Sale profits?

We will soon be selling our primary residence of 10 years. I’d estimate we will walk away with around $100K profit after all costs. 1) Would that $100K be tax-free only if we rolled that amount into a new primary residence? Or is it tax free no matter what we do with it? (I have heard it both ways ...
by HueyLD
Thu Apr 11, 2019 7:08 am
Forum: Personal Finance (Not Investing)
Topic: Tax Return lost in mail, do I simply refile?
Replies: 29
Views: 2333

Re: Tax Return lost in mail, do I simply refile?

I did have clients whose tax returns were lost in the mail. It was worse when a balance due check was enclosed. The clients incurred stop pay fees (not small amounts) in addition to the cost of additional mailing. The worst part was all the mental anxiety. Those were to state tax authorities where a...
by HueyLD
Wed Apr 10, 2019 11:34 am
Forum: Personal Investments
Topic: Another AT&T Time Warner Acquisition Question [cost basis]
Replies: 3
Views: 231

Re: Another AT&T Time Warner Acquisition Question [cost basis]

Yes. Read the examples and compute your own numbers.
by HueyLD
Wed Apr 10, 2019 11:10 am
Forum: Personal Finance (Not Investing)
Topic: MFS split income/deduction/credit
Replies: 6
Views: 470

Re: MFS split income/deduction/credit

OP,

You need to switch to the forms mode and pull up form 8958. That's where you can easily enter allocations by types of income and expenses to your spouse. The interview mode is simply too tedious.
by HueyLD
Tue Apr 09, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Return lost in mail, do I simply refile?
Replies: 29
Views: 2333

Re: Tax Return lost in mail, do I simply refile?

My 1040 was mailed on 3/28 and sent certified from CO to CA. Last destination shown in USPS tracking was NY on 4/4. Since then status has only shown that its in transit, arriving late. I contacted USPS and they opened a case but haven't got back yet with any info. Assuming the worst, that my tax re...
by HueyLD
Tue Apr 09, 2019 3:13 pm
Forum: Personal Investments
Topic: Another AT&T Time Warner Acquisition Question [cost basis]
Replies: 3
Views: 231

Re: Another AT&T Time Warner Acquisition Question [cost basis]

ATT has provided an excellent guide for the merger. You need to go to the source, not CompuShares.

https://investors.att.com/~/media/Files ... osure.pdfw
by HueyLD
Tue Apr 09, 2019 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Social Security survivor benefit
Replies: 9
Views: 1210

Re: Social Security survivor benefit

If the OP's wife makes $100k and is under FRA, the the earning test applies to her. The earnings test also applies to the CHILDREN, but It is doubtful that any of kids are making $100k. If the OP should die, his wife shouldn’t even bother to apply, but the children should. The children would split t...
by HueyLD
Tue Apr 09, 2019 5:23 am
Forum: Personal Finance (Not Investing)
Topic: MFS split income/deduction/credit
Replies: 6
Views: 470

Re: MFS split income/deduction/credit

https://ttlc.intuit.com/questions/1901162-married-filing-separately-in-community-property-states “Married filing separately in community property states Filing taxes in community property states (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, Wisconsin) as married fili...
by HueyLD
Mon Apr 08, 2019 9:02 am
Forum: Personal Investments
Topic: Bug in H&R Block tax software calculation - any way to notify them?
Replies: 10
Views: 822

Re: Bug in H&R Block tax software calculation - any way to notify them?

O.k.

While you are reviewing the returns, do check your state credit if any.

Some states give DCC based on a % of the federal DCC.
by HueyLD
Mon Apr 08, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Taxes (itemize or not?)
Replies: 16
Views: 1194

Re: Taxes (itemize or not?)

CAsage,

In some states, one must use the same deduction for both federal and state. In other words, a taxpayer in those states has to use either standard deduction on both returns or itemized deduction on both returns.
by HueyLD
Mon Apr 08, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Taxes on death in atypical investment situation
Replies: 7
Views: 613

Re: Taxes on death in atypical investment situation

Fire wicket wrote:
Sun Apr 07, 2019 10:23 pm
There is no basis step up? Is this some special circumstance? Everything I have been reading states there is a step up?
If you die first, yes she will get a basis step-up on YOUR individual brokerage account.

However, she could go first and in that scenario you do not get a basis step-up.
by HueyLD
Mon Apr 08, 2019 8:34 am
Forum: Personal Investments
Topic: Bug in H&R Block tax software calculation - any way to notify them?
Replies: 10
Views: 822

Re: Bug in H&R Block tax software calculation - any way to notify them?

Is child B a qualifying child for DCC? For example, under the age of 13, etc.?
by HueyLD
Sun Apr 07, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on death in atypical investment situation
Replies: 7
Views: 613

Re: Taxes on death in atypical investment situation

If she dies first, you get no basis step-up for your individual taxable brokerage account.
by HueyLD
Sun Apr 07, 2019 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: IRS 2% bounced check fee!!
Replies: 41
Views: 4928

Re: IRS 2% bounched check fee!!

There are numerous ways to prevent a check from bouncing when there are insufficient funds in your primary checking account. Most are free and others might cost you one day interest on the balance, which unsurprisingly will be vastly less than 2%. You can even order them from best to worst options....
by HueyLD
Sun Apr 07, 2019 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on death in atypical investment situation
Replies: 7
Views: 613

Re: Taxes on death in atypical investment situation

For liability purposes my wife and I have both joint and separate brokerage accounts. If I were to die, I am trying to gain clarity on the tax implications of her inheriting my individual brokerage account. I understand the cost basis is stepped up to the asset valuation at time of death. If she we...
by HueyLD
Sat Apr 06, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Paying taxes owed via Turbotax or irs.gov?
Replies: 9
Views: 635

Re: Paying taxes owed via Turbotax or irs.gov?

I suggest that you use IRS Direct Pay for one time payment and set up EFTPS to take care of recurring future payments such as quarterly estimated tax payments.
by HueyLD
Fri Apr 05, 2019 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Problems with I Bonds for Tax Refund?
Replies: 7
Views: 547

Re: Problems with I Bonds for Tax Refund?

Flobes,

Despite your efforts, you still didn’t get your paper I bonds that year, right?

Yuck, that’s not good.

Nowadays, tax refund is the only way to purchase paper I bonds and it shouldn’t be so difficult.
by HueyLD
Fri Apr 05, 2019 2:43 pm
Forum: Personal Investments
Topic: Selling Series I Bonds
Replies: 31
Views: 2562

Re: Selling Series I Bonds

Per Treasury Reguation 31 CFR §363: "§363.167 How will a converted savings bond be registered? The registration of the converted bond will be the same as on the definitive bond, provided that it was registered properly in an authorized form of registration. We will change a definitive savings bond t...
by HueyLD
Fri Apr 05, 2019 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Selling Breast Milk - 1099-MISC SCH C or Line 21?
Replies: 40
Views: 3614

Re: Selling Breast Milk - 1099-MISC SCH C or Line 21?

You need to go back to the 1099-MISC input screens and answer each and every question VERY SLOWLY!! One of the questions says: “Does one of these uncommon situations apply?” If you answer the question correctly, it will ask you a few more questions and put the $1068 on line 21. Yes, TT knows what it...
by HueyLD
Fri Apr 05, 2019 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Selling Breast Milk - 1099-MISC SCH C or Line 21?
Replies: 40
Views: 3614

Re: Selling Breast Milk - 1099-MISC SCH C or Line 21?

Did you flip over form 1099-misc and read the instructions on the back of the form for line 7 as follows: “If you are not an employee but the amount in this box is not SE income (for example, it is income from a sporadic activity or a hobby), report this amount on the “Other income” line of Schedule...
by HueyLD
Thu Apr 04, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Annual Income Requests
Replies: 15
Views: 2211

Re: Annual Income Requests

retiredjg wrote:
Thu Apr 04, 2019 8:45 am
Likely they are going to use that information to sell you something.
Bingo!