Search found 74 matches

by CuppedUp
Wed Jun 14, 2017 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Reimbursable business expenses and Mint/Personal Capital
Replies: 3
Views: 3442

Re: Reimbursable business expenses and Mint/Personal Capital

I've been in this situation for a few years. Use the Reimbursable tag on Expense items. That should hide it from budgets. Sometimes you will run into matching issues, where you've tagged the pending transaction but it doesn't match to the final posted transaction. On the income side, current project...
by CuppedUp
Fri Jun 09, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you redeem your credit card cash rewards?
Replies: 54
Views: 5023

Re: How often do you redeem your credit card cash rewards?

As they are available to redeem. Usually after statement closes.

Costco Visa is the outlier where they mail a check annually.

YTD: $6800 ish in cash back.
by CuppedUp
Sat Mar 04, 2017 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card Debt Question (Separation)
Replies: 36
Views: 4122

Re: Credit Card Debt Question (Separation)

FWIW, having been there and done that, I would do the following: - Pay off and close the accounts ASAP. Destroy all cash advance checks. - Open any new accounts as needed after the final divorce decree is entered. Just before filing for divorce my ex wife wrote out cash advance checks for cash to th...
by CuppedUp
Fri Feb 10, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 3105
Views: 602373

Re: What's Your Credit Card Rewards Strategy?

semi related question. Are cash back bonuses from a credit card considered taxable income if you are being reimbursed for the expenses cpenses by a client/employer?
by CuppedUp
Sat Feb 04, 2017 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation of credit card rewards (cash back and signup bonuses)
Replies: 25
Views: 4366

Re: Taxation of credit card rewards (cash back and signup bonuses)

1099 Misc. the reported amount was 1.6 cents/point which was applied towards airfare through the TYP portal.
by CuppedUp
Sat Feb 04, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation of credit card rewards (cash back and signup bonuses)
Replies: 25
Views: 4366

Re: Taxation of credit card rewards (cash back and signup bonuses)

Just received a 1099 from CitiBank for just under $600 which corresponds to the redemption value of TYP from a checking account bonus. This was expected.

Have not received any 1099s from credit card cash back which run over 5k from Citi alone.
by CuppedUp
Sat Jan 28, 2017 10:51 pm
Forum: Personal Finance (Not Investing)
Topic: W2 State Income Question
Replies: 5
Views: 694

Re: W2 State Income Question

I am surprised that you have been able to previously get your employers to split out your wages and withholding based on your physical work location. I would complete your taxes correctly regardless of the W-2 reporting. If you can get your company to change the W-2 then great. If not, then compile...
by CuppedUp
Sat Jan 28, 2017 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: W2 State Income Question
Replies: 5
Views: 694

Re: W2 State Income Question

Thanks. My underlying issue though is that they are overstating the income attributable to state B in this case. I don't want to try and adjust this based on my records since it then doesn't match what is reported on the W2.
by CuppedUp
Sat Jan 28, 2017 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: W2 State Income Question
Replies: 5
Views: 694

W2 State Income Question

Hoping some of the road warriors on the forum can help with an issue I have with my W2. I started a new contract last year with employer 2. This requires weekly travel to a client site in CA. I work in CA Monday to Thursday and work from home on Friday. When I log my time, it's split and allocated t...
by CuppedUp
Sun Oct 30, 2016 6:26 am
Forum: Personal Finance (Not Investing)
Topic: Transfer USD to INR (from the US to India) - cheapest and most reliable method?
Replies: 6
Views: 1132

Re: Transfer USD to INR (from the US to India) - cheapest and most reliable method?

I've used two banks for this transfer. 1. chase bank. Did a wire transfer to my parents checking account in India. Paid Chase a $45 wire transfer fee. Make sure that you decline the option to have chase do the currency conversion. Wire transfer in USD. On the other end, they converted from USD to IN...
by CuppedUp
Fri Aug 12, 2016 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card choice/history quandary - what would you do?
Replies: 12
Views: 1123

Re: Credit Card choice/history quandary - what would you do?

OP, do you have an Amex credit card or a charge card? If it is a credit card, you should see an option to request a Credit Line increase right on the home page of your account screen. I've used this in the past to get an increase with no credit inquiry. The anecdotal info on the Internet is to ask f...
by CuppedUp
Tue May 31, 2016 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Any problems with netspend
Replies: 63
Views: 7935

Re: Any problems with netspend

triceratop wrote:Sorry everyone, I signed up yesterday. It must have been me. 8-)
I think I'm the ultimate contrary indicator. Signed up for three. Last one was activated today. And the boom drops.
by CuppedUp
Tue Apr 26, 2016 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Why have a formal budget?
Replies: 106
Views: 12391

Re: Why have a formal budget?

How do you manage that? That takes LBYM to a whole new level. My expenses end up ~18-20K per year (excluding stuff like roof repair or buying car). . Sorry about the thread jack. I'm just amazed by this number. If I count up my basic costs I get roughly 13k. Property taxes. 3k Health insurance. 6k ...
by CuppedUp
Tue Apr 26, 2016 10:35 am
Forum: Personal Finance (Not Investing)
Topic: Why have a formal budget?
Replies: 106
Views: 12391

Re: Why have a formal budget?

Dirghatamas wrote:
my total expenses have been 1.5-2% of my gross income in the last couple of years and they have always been less than 10% of my gross income for pretty much

.
How do you manage that? That takes LBYM to a whole new level.
by CuppedUp
Mon Apr 25, 2016 7:50 am
Forum: Personal Consumer Issues
Topic: Reel Lawn Mower
Replies: 14
Views: 1839

Re: Reel Lawn Mower

I had my yard regraded last fall and the soil is still too squishy for a gas push mower.

Found this one in my local Home Depot clearance section last week.

http://www.homedepot.com/p/Scotts-20-in ... /202051457

Does a decent enough job for 90 bucks.
by CuppedUp
Thu Apr 07, 2016 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Transferring large sums to Indian NRI account for Fixed Deposit
Replies: 26
Views: 2718

Re: Transferring large sums to Indian NRI account for Fixed Deposit

Not specific to opening a FD. When i've sent money to mom/dad i just wire it. No restriction on the amount. $45 fee from my bank for international outgoing wire transfer. Just make sure that you ask for the transfer to happen in USD and let the conversion happen on the other end. Usually you get a r...
by CuppedUp
Mon Mar 07, 2016 10:59 am
Forum: Personal Finance (Not Investing)
Topic: 2015 Federal taxes due and amending return
Replies: 8
Views: 998

Re: 2015 Federal taxes due and amending return

Thanks all.

I will file the 1040x in May sometime. Will pay the 1040 amount due.

Seems like it's best to avoid confusing the IRS computers.
by CuppedUp
Mon Mar 07, 2016 9:09 am
Forum: Personal Finance (Not Investing)
Topic: 2015 Federal taxes due and amending return
Replies: 8
Views: 998

2015 Federal taxes due and amending return

i e filed my federal tax return and it has been accepted. Shows a payment due which I will make closer to April 15. Caught an error on the return during a review which results in a smaller amount of tax due. do I file the 1040x now and pay the smaller amount due on the 18th? Or, Pay the original 104...
by CuppedUp
Fri Feb 05, 2016 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Which company can give a addon credit card for my mom living in India?
Replies: 9
Views: 973

Re: Which company can give a addon credit card for my mom living in India?

Hope you do know that most merchants add a 3% transaction fee if you use a CC. No, the CC company charges the merchant a roughly 3% rate. Most places charge the same price regardless of whether you use CC, debit or cash. Nope, not in India. Most merchants make the customers pay that 3% the CC compa...
by CuppedUp
Wed Jan 13, 2016 4:49 am
Forum: Personal Finance (Not Investing)
Topic: Dealing with extremely delayed medical billing
Replies: 44
Views: 9282

Re: Dealing with extremely delayed medical billing

toofache32 wrote:
I am waiting anxiously for the day I can use code V97.33XD "sucked into a jet engine".

Yet another reason I am dropping the insurance game in my office and going fee for service.
Maybe for a coroners report.

http://www.cnn.com/2015/12/17/asia/air- ... ne-engine/
by CuppedUp
Tue Jan 12, 2016 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Rewards (Travel)
Replies: 284
Views: 49793

Re: Credit Card Rewards (Travel)

Right now I have 8,100 SPG points. If I get a card with 30k bonus points, I will be close to 40k points, which I will be able to exchange for 50k American Airlines miles. If I get a card with 25k bonus points, I'll have 33.1k points, exchange 20k points for 25k miles, and have 13.1k SPG points left...
by CuppedUp
Wed Jan 06, 2016 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Upping my Cash Back Credit Card Game For Restaurants
Replies: 1
Views: 612

Re: Upping my Cash Back Credit Card Game For Restaurants

USBank Cash+ has restaurants as a 2% category.

IIRC, they have/had Fast Food as a 5% category. The thought of 2k at Mickey D makes me quite sick.

You can pick two 5% categories and 1 2% category each quarter. 5% is limited to 2k spend. 2% is unlimited.
by CuppedUp
Fri Jan 01, 2016 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: How much credit limit is too much?
Replies: 15
Views: 2767

Re: How much credit limit is too much?

Optimal for FICO 08 scores is to have at least 3 open credit card accounts. With a small utilization reported on exactly one card. Most mortgage companies use the FICO 04 model though. This is annoying, because it's very hard for a consumer to get their FICO 04 score and the FICO 08 score tends to ...
by CuppedUp
Thu Dec 31, 2015 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: How much credit limit is too much?
Replies: 15
Views: 2767

Re: How much credit limit is too much?

Definitely don't close the MasterCard just yet. Especially if it has no annual fee. You don't have to ask for 39k with Amex. You can ask for up to 3x your current limit. Computer will counter offer if the 3x isn't auto approved. Edit to add: You can build a solid score without open installment loans...
by CuppedUp
Thu Dec 31, 2015 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: How much credit limit is too much?
Replies: 15
Views: 2767

Re: How much credit limit is too much?

Was the AMEX your only credit card prior to adding the citi? Were you carrying a balance on the Amex? Or paying the statement balance in full when due? If you were paying in full, you can just ask for a credit limit increase on the Amex. It's a Soft Pull CLI usually. You can ask for 3x your current ...
by CuppedUp
Fri Dec 25, 2015 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 109
Views: 15186

Re: Next credit card for a bonus?

You might also explore using AA miles to fly on Qatar Air. That would require the same number of AA miles, but I believe you'll get charged much lower fuel surcharges than you would flying BA. However, Qatar flights don't show up on the AA search engine which makes it tough to make a plan, so you m...
by CuppedUp
Thu Dec 24, 2015 4:46 pm
Forum: Personal Consumer Issues
Topic: Christmas goose?
Replies: 23
Views: 2550

Re: Christmas goose?

What. Canada geese are delicious. As are snows and specks. I don't keep them whole. I break them down to boneless skinless breast. And skinless leg quarters. Remove all silver skin from the breast. Marinate overnight in olive oil, salt, pepper, Rosemary. grill to rare or medium rare. Fork tender and...
by CuppedUp
Thu Dec 24, 2015 4:25 pm
Forum: Personal Consumer Issues
Topic: New Laptop -- Christmas present for me
Replies: 53
Views: 6972

Re: New Laptop -- Christmas present for me

Slight thread hijack. For those with the MacBook, are you able to use Remote Desktop to a Windows machine? My laptop is an aging Dell Precision workstation. It is very large, heavy and has abysmal battery life. But just short of indestructible. I purchased another dell precision from the outlet duri...
by CuppedUp
Thu Dec 24, 2015 1:23 pm
Forum: Personal Consumer Issues
Topic: Accruing Credit Card Points & Miles on Autopilot?
Replies: 18
Views: 2390

Re: Accruing Credit Card Points & Miles on Autopilot?

BankDirect checking or CD for AA miles. As close to set and forget as it gets.
by CuppedUp
Thu Dec 24, 2015 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 109
Views: 15186

Re: Next credit card for a bonus?

There are also non credit card options for AA miles. Citigold checking account for 50k mile bonus. BankDirect checking or CD accounts for bonus miles. Fidelity taxable brokerage account for 50k bonus miles. The citi checking offer is for accounts opened through 12/31. You have a week to get it opene...
by CuppedUp
Wed Dec 23, 2015 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 109
Views: 15186

Re: Next credit card for a bonus?

The Citigold acct gave us 50k bonus It deducted a $100 off the annual fee on the Prestige It comes with a $250 airline credit each year (we got it for 2015 and will get it for 2016). Refunds global entry:$100 Lounge access if that's important Thus with the checking and Prestige card combo we got 10...
by CuppedUp
Wed Dec 23, 2015 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 109
Views: 15186

Re: Next credit card for a bonus?

After some reading and searching, I am considering getting: o Citi® Gold / AAdvantage® World MasterCard® - 25k AA miles after spending $750 in 3 months o The Starwood Preferred Guest® Credit Card from American Express – 25k pts after spending $3k in 3 months Both wave first-year annual fee, and tog...
by CuppedUp
Wed Dec 23, 2015 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Excess after tax 401k contribution - Help
Replies: 19
Views: 1710

Re: Excess after tax 401k contribution - Help

Thanks Alan and ERISA.

Haven't heard anything from benefits/payroll. I could use the cash now rather than waiting for months.
by CuppedUp
Sat Dec 19, 2015 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 109
Views: 15186

Re: Next credit card for a bonus?

There are two bonus offers for citigold checking account through 12/31. One is 50k typ. The other is 50k AA miles. Just need to do one bill pay for two consecutive months. AA offer might have a debit card spend requirement. You can fund the checking account with a credit card. Barclays miles card wo...
by CuppedUp
Sat Dec 19, 2015 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Excess after tax 401k contribution - Help
Replies: 19
Views: 1710

Re: Excess after tax 401k contribution - Help

Thanks everyone. Ive called their attention to it. They're researching how and what to do to correct. I've been doing periodic in service withdrawals and rolling over to a Roth IRA. I'll start after tax contributions again in 2016 but am assuming that any further in Service withdrawals are on hold ...
by CuppedUp
Sat Dec 19, 2015 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Excess after tax 401k contribution - Help
Replies: 19
Views: 1710

Re: Excess after tax 401k contribution - Help

I wouldn't be surprised if you were the first one to exceed the limit based on after-tax contributions or at least the first one to do so and brought it to their attention. We Bogleheads do seem to push the envelope :greedy To go where no one has gone before. Wouldn't surprise me. Like I said, they...
by CuppedUp
Sat Dec 19, 2015 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Next credit card for a bonus?
Replies: 109
Views: 15186

Re: Next credit card for a bonus?

You get one Amex lifetime bonus per personal card. The good offers are PRG @ 50k, Plat @ 100k for the personal cards. If you want to hit the Citi thank you points, get the Premier for 50k. Or the Citi AA Plat for 50k AA miles (think there is a 60k mile offer floating around for this one now). Either...
by CuppedUp
Sat Dec 19, 2015 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Excess after tax 401k contribution - Help
Replies: 19
Views: 1710

Re: Excess after tax 401k contribution - Help

Thanks everyone. Ive called their attention to it. They're researching how and what to do to correct. I've been doing periodic in service withdrawals and rolling over to a Roth IRA. I'll start after tax contributions again in 2016 but am assuming that any further in Service withdrawals are on hold u...
by CuppedUp
Sat Dec 19, 2015 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Excess after tax 401k contribution - Help
Replies: 19
Views: 1710

Re: Excess after tax 401k contribution - Help

Are you at least age 50 and qualify for a catchup contribution? This could help. In general, if you exceed the annual additions limit, the plan must make a corrective distribution by 12/31 of the following year. The plan document likely dictates which source to be refunded. I assume it would be the...
by CuppedUp
Sat Dec 19, 2015 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Excess after tax 401k contribution - Help
Replies: 19
Views: 1710

Re: Excess after tax 401k contribution - Help

Thanks. I'd have preferred to not have had this problem in the first place.

Noticed it when my DD this week was missing.

Turns out their system cuts off deferrals and catch up contributions at 18/6. However, it does not apply the same cutoff to the 53k limit.
by CuppedUp
Fri Dec 18, 2015 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Excess after tax 401k contribution - Help
Replies: 19
Views: 1710

Excess after tax 401k contribution - Help

Whats the cleanest way to correct excess after tax contributions to a 401k? Payroll run today has put me over 53k for 401k contribs.

Benefits dept was unaware of the 53k limit. :confused

Can i just have Fido cut me a check next week? Will that break something with 1099-R coding and such?
by CuppedUp
Wed Nov 11, 2015 5:30 am
Forum: Investing - Help with Personal Investments
Topic: After-Tax 401k Losses
Replies: 7
Views: 1083

Re: After-Tax 401k Losses

Hi All, Just curious what happens to losses in your after-tax 401K after you do the conversion Roth IRA. Does it just disappear or does the account keep track of it and future gains are offset by it? For Example: Day 1: I contribute $10K to after-tax 401K Day 2: Market tanks! after-tax 401K losses ...
by CuppedUp
Mon Nov 09, 2015 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Charge cards- when do you have to pay?
Replies: 33
Views: 3558

Re: Charge cards- when do you have to pay?

As far as airlines credit, you pick an airline program when you get the card. Say American Airlines. I think the airline that you pick is per calendar year. You can switch come January. Then use the plat card to buy a gift card on the AA website. Buy 2x100$ amounts. You'll see the charge followed by...
by CuppedUp
Mon Nov 09, 2015 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Charge cards- when do you have to pay?
Replies: 33
Views: 3558

Re: Charge cards- when do you have to pay?

I have the Amex PRG and the Citi Prestige cards. Amex PRG has a 195 annual fee. It reimburses 100 a year for airline incidentals. There are points which can be transferred for travel redemptions. Citi Prestige has a 450 annual fee. Reimburses 250/year in airline fees. Reimburses global entry fees. 1...
by CuppedUp
Mon Nov 09, 2015 6:41 am
Forum: Personal Finance (Not Investing)
Topic: Charge cards- when do you have to pay?
Replies: 33
Views: 3558

Re: Charge cards- when do you have to pay?

Similar to a credit card. Statement closes and you have approx 20 days before payment of statement balance is due. Amex gives you an option on their auto pay setup where you pick how many days after statement close the auto pay processes. For ex, my statement closed yesterday. Payment will happen on...
by CuppedUp
Sat Oct 31, 2015 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much of your total income are you worth?
Replies: 51
Views: 8665

Re: How much of your total income are you worth?

0.25. Medicare earnings to liquid. Eye opening and more than mildly depressing.
by CuppedUp
Fri Oct 09, 2015 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Back Door Roth - Basis Question (Alan S)
Replies: 0
Views: 400

Mega Back Door Roth - Basis Question (Alan S)

In an earlier thread, Alan S said this: FOLLOWING is added for anyone's information since we are now looking at a good possibility that the after tax sub account may have a LOSS when the rollover is done. Should you discover that you have a net loss before requesting the rollover, I suggest leaving ...
by CuppedUp
Wed Oct 07, 2015 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: [How do I] short a stock
Replies: 28
Views: 3052

Re: [How do I] short a stock

"He who sells what isn't his'n, must buy it back or go to pris'n."

- Daniel Drew
by CuppedUp
Mon Oct 05, 2015 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: 401(k) contributions ala livesoft
Replies: 1
Views: 481

401(k) contributions ala livesoft

Someone in my benefits office must be a livesoft admirer. I've been in the plan since July this year and usually contributions show up in my account on Tuesdays. However, when there is an RBD, the contributions show up that day. Ex. 07/07 07/14 07/22 07/28 08/04 08/11 08/18 08/24 <-- RBD 09/01 <-- R...
by CuppedUp
Wed Sep 30, 2015 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Should my husband become a US citizen?
Replies: 102
Views: 10033

Re: Should my husband become a US citizen?

Quasi related to the OP question. After 20 years in the US I'm one step closer to citizenship. Did the interview earlier this month and waiting for the oath ceremony.

One unexpected side effect is that I'm able to help DS with his 5th grade social studies assignments.