Search found 2664 matches

by tomd37
Sun Jan 21, 2018 9:16 pm
Forum: Personal Consumer Issues
Topic: Does anyone subscribe to Kiplinger's, Kiplinger's Retirement Review, or Smart Money?
Replies: 21
Views: 1307

Re: Does anyone subscribe to Kiplinger's, Kiplinger's Retirement Review, or Smart Money?

SteveJ2 - Kiplinger's Personal Finance subscriptions are available from them at $1 per issue. Ralph124cf - In addition to doing my own taxes for 57 years, I have prepared taxes for 14 years in the AARP Foundation Tax-Aide program (Tax Counseling for the Elderly) and the IRS Volunteer Income Tax Assi...
by tomd37
Sun Jan 21, 2018 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Question re 2018 tax rates
Replies: 13
Views: 1429

Re: Question re 2018 tax rates

When it comes to discussing exemptions people need to use correct terminology; a personal exemption is for the taxpayer or spouse, and a dependent exemption is for each person who can be claimed as a dependent. Then there is a standard deduction or itemized deduction. The standard deduction can be i...
by tomd37
Sun Jan 21, 2018 8:37 pm
Forum: Personal Consumer Issues
Topic: Does anyone subscribe to Kiplinger's, Kiplinger's Retirement Review, or Smart Money?
Replies: 21
Views: 1307

Re: Does anyone subscribe to Kiplinger's, Kiplinger's Retirement Review, or Smart Money?

Five - I have had a continuous subscription to Kiplinger's Personal Finance since January 1965 (then called Kiplinger's Changing Times ). I also subscribe to The Kiplinger Tax Letter and Kiplinger's Retirement Report. We all have various reasons why we subscribe to or do not subscribe to various pub...
by tomd37
Mon Jan 15, 2018 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Standard Deduction in 2018
Replies: 16
Views: 2646

Re: Standard Deduction in 2018

Everyone will just have to wait and see if there are any change made to the adjustment amount during 2018 to determine what the actual additional adjustment amount is going to be. That's all a year away!
by tomd37
Sat Jan 13, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Standard Deduction in 2018
Replies: 16
Views: 2646

Re: Standard Deduction in 2018

Deleted
by tomd37
Fri Jan 12, 2018 4:01 pm
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1848

Re: wild bird feed

Nyc - Squirrels are hard to beat, but they can be beat! A squirrel can jump up off the ground as high as six feet and up to eight feet laterally off a building, tree, or fence. I use a bird feeder (2 of them) that prevents their access. It is the Homestead Super Stop-A-Squirrel feeder. You can find ...
by tomd37
Fri Jan 12, 2018 3:38 pm
Forum: Personal Consumer Issues
Topic: Antarctica [anyone traveled there?]
Replies: 34
Views: 2775

Re: Antarctica [anyone traveled there?]

Been there, done that! Way back in 1964 compliments of the United States Navy as a deployment with the Navy Seabees Mobile Construction Battalion Six at McMurdo Station from October '64 to February '65 doing construction work on the then developing base. But then that is not the type of cruise to wh...
by tomd37
Fri Jan 12, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1848

Re: wild bird feed

I have been feeding birds ever since we returned from overseas in 1975. We have lived in coastal Virginia, the Piedmont region of North Carolina, and now in Middle Tennessee. I have five feeders out all year and in the spring through fall one of them is for our annually returning hummers. I have use...
by tomd37
Tue Jan 09, 2018 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: HR Block not counting Child Tax Credit
Replies: 5
Views: 589

Re: HR Block not counting Child Tax Credit

There may be two credits involved; child tax credit on 1040 line 52 (non-refundable) and additional child tax credit on 1040 line 67. I bet they both add up to the $1,000 per child if under the age of 17 at the end of December 2017. Check it out and let us know.
by tomd37
Tue Jan 02, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Keeping a checkbook register
Replies: 95
Views: 5762

Re: Keeping a checkbook register

I am in my early 80s and have had a checking account since age 15. Always reconcile my account monthly and check off reconciled checks in the check register. Two days ago received and reconciled December's statement and found three $100 personal gift checks dating back to mid-October that recipients...
by tomd37
Sun Dec 31, 2017 11:15 pm
Forum: Personal Consumer Issues
Topic: residential gas furnace/air conditioner recommendations
Replies: 15
Views: 896

Re: residential gas furnace/air conditioner recommendations

I used to have a note on my bulletin board but cannot find it now. There are three or four manufacturers that produce virtually identical units but put different labels on them. For example I know Trane and American Standard are made on the same manufacturing line but have very slight differences. G...
by tomd37
Sun Dec 31, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: What is best tax software for free filing - low income retirees?
Replies: 16
Views: 740

Re: What is best tax software for free filing - low income retirees?

That's a picture of our former State Coordinator for Tennessee, Pat Bryant. She was a great leader in our state Tax-Aide program for a number of years until she reached the years of service limit. Thanks Pat!
by tomd37
Sun Dec 31, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: No earned income, how do you pay tax for pensions, SS and RMDs
Replies: 43
Views: 3603

Re: Retirees: No earned income, how do you pay tax for pensions, SS and RMDs

Lynette - As an older retired couple in our early 80's our income primarily consists of my military pension, our social security benefits, interest, and our RMDs from our traditional IRAs. Upon retirement in 2002 we established a withholding amount from my military pension plus a specific dollar amo...
by tomd37
Sun Dec 31, 2017 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: What is best tax software for free filing - low income retirees?
Replies: 16
Views: 740

Re: What is best tax software for free filing - low income retirees?

Carl53,
There is a similar program Volunteer Income Tax Assistance (VITA) sponsored by the United Way and IRS that is like the AARP Foundation Tax-Aide program. You might check to see if that program is available locally.
by tomd37
Fri Dec 29, 2017 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Will Vanguard/Fidelity automatically deduct QCD from RMD?
Replies: 12
Views: 783

Re: Will Vanguard/Fidelity automatically deduct QCD from RMD?

Lynette - Being in our early 80's and having been involved with RMDs for the past ten to twelve years, we usually take our one-time annual RMD somewhere in the early October time frame. Our first step is to determine how much we are going to give to charity via the QCDs and then contact our Vanguard...
by tomd37
Fri Dec 29, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Will Vanguard/Fidelity automatically deduct QCD from RMD?
Replies: 12
Views: 783

Re: Will Vanguard/Fidelity automatically deduct QCD from RMD?

Lynette - Just want to check with you. Will you have reached the age of 70.5 on or before the date you execute your QCDs? You have to meet that requirement to make those QCDs not taxable.
by tomd37
Thu Dec 28, 2017 12:10 pm
Forum: Investing - Theory, News & General
Topic: Navy Federal CU Benefit
Replies: 3
Views: 680

Re: Navy Federal CU Benefit

Friar1610, I too have two significant dollar certificates maturing on 12/31. What I did yesterday was to establish a new 15-month certificate at the 2.25% APY to which they added the additional 0.5% special 50-year membership bonus for a total APY of 2.75%. The next step was to instruct the represen...
by tomd37
Wed Dec 27, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: Navy Federal CU Benefit
Replies: 3
Views: 680

Navy Federal CU Benefit

I was seeking some certificate (CD) information from NFCU today and was informed of a special benefit that I did not know about. As a member for more than 50 years I am entitled to a one-time 0.5% increase (bump) to any new certificate percentage offering. I seem to remember a similar offering more ...
by tomd37
Sun Dec 24, 2017 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Deduction Question
Replies: 21
Views: 1756

Re: Charitable Deduction Question

Per IRS Publication 17, Chapter 24, Contributions, page 169 "A check you mail to a charity is considered delivered on the date you mail it." Merry Christmas and thanks for the contribution to a charitable organization.
by tomd37
Sat Dec 23, 2017 9:08 pm
Forum: Investing - Help with Personal Investments
Topic: Ever tempted to shut it down once you have “enough”?
Replies: 37
Views: 4239

Re: Ever tempted to shut it down once you have “enough”?

Bob (hesson11) We retired fifteen years ago and began changes to our asset allocation then. Prior to retirement we were 60/40 stocks/bonds. At retirement we went to 50/50 and just three years ago backed down again to 40/60. While we had willingness and ability to maintain the 50/50 allocation, we no...
by tomd37
Sat Dec 23, 2017 8:56 pm
Forum: Personal Consumer Issues
Topic: Appointment Calendars from the past
Replies: 28
Views: 2227

Re: Appointment Calendars from the past

My wife keeps many notes on her monthly calendar and retains the calendars. I recently found a storage box with calendars dating back to the mid 1970's. Sort of a life history for us now in our early eighties!
by tomd37
Sat Dec 23, 2017 8:52 pm
Forum: Investing - Theory, News & General
Topic: NavyFed IRA CDs: 32-months 2.75% APY
Replies: 24
Views: 2217

Re: NavyFed IRA CDs: 32-months 2.75% API

Kitty - With your father having been a member prior to his passing I believe you might be eligible. Be sure to give them a call if at all interested in any of their benefits.
by tomd37
Sat Dec 23, 2017 8:49 pm
Forum: Investing - Theory, News & General
Topic: NavyFed IRA CDs: 32-months 2.75% APY
Replies: 24
Views: 2217

Re: NavyFed IRA CDs: 32-months 2.75% API

Rashen - You don't necessarily have to be in or have been in the Navy. Back in February of this year NFCU opened membership to anyone who has served in the U.S. military and was honorably discharged. Membership is also available to others meeting certain requirements. NFCU is the largest credit unio...
by tomd37
Fri Dec 22, 2017 11:55 pm
Forum: Personal Consumer Issues
Topic: Income tax software, "Tax Slayer".
Replies: 16
Views: 1463

Re: Income tax software, "Tax Slayer".

I personally did not have too much of a problem going to TaxSlayer last year in Tax-Aide, but then Tennessee does not have the same type of income tax that most other states have so that may have affected my thinking. So far I like some of the changes I have seen in this year's version. We'll see ho...
by tomd37
Thu Dec 21, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Planning - 11 days to donate "stuff" from garage/basement
Replies: 27
Views: 2037

Re: Tax Planning - 11 days to donate "stuff" from garage/basement

pshonore is absolutely correct. You best look at the instructions for Form 8283 as they are very detailed as to when it is needed and what documentation might be needed to support it. I speak from many years experience in the VITA/TCE programs as do others responding.
by tomd37
Thu Dec 21, 2017 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Tax Planning - 11 days to donate "stuff" from garage/basement
Replies: 27
Views: 2037

Re: Tax Planning - 11 days to donate "stuff" from garage/basement

If you are considering donations to charity I suggest you read and/or obtain a copy of IRS Publication 561 available online and for ordering a hard copy at www.irs.gov. My general comment to taxpayers making such contributions is "Don't mess with the IRS". Once on your back they are hard to get rid ...
by tomd37
Sat Dec 16, 2017 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Amended Returns ? - Alan S.
Replies: 4
Views: 701

Amended Returns ? - Alan S.

Alan - Over the years I have seen differing comments as to what documents should be included when you mail in an amended return for any given year. I know you have to include any Schedules that might be changed or added as a result of the submission of a 1040X. It has been my understanding for many ...
by tomd37
Sat Dec 16, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: US Postal Service Informed Delivery
Replies: 30
Views: 1896

Re: US Postal Service Informed Delivery

Let's not confuse USPS with UPS
by tomd37
Sat Dec 16, 2017 3:00 pm
Forum: Personal Consumer Issues
Topic: US Postal Service Informed Delivery
Replies: 30
Views: 1896

Re: US Postal Service Informed Delivery

OP here again. Informed Delivery email started up again today. Who knows what is going on! :confused
by tomd37
Sat Dec 16, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: US Postal Service Informed Delivery
Replies: 30
Views: 1896

Re: US Postal Service Informed Delivery

As good as it had been working until just recently, I suspect it has something to do with the volume of mail at the holiday period and maybe some locations have temporarily stopped it. At least I hope it is a temporary stoppage.
by tomd37
Fri Dec 15, 2017 4:25 pm
Forum: Personal Consumer Issues
Topic: US Postal Service Informed Delivery
Replies: 30
Views: 1896

US Postal Service Informed Delivery

Does anyone know what has happened to the USPS Informed Delivery system this week? I have not been receiving any email notifications this week nor can I access the system through www.usps.com. :annoyed
by tomd37
Fri Dec 15, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: What are your favorite tax deductions and credits for 2017?
Replies: 33
Views: 2190

Re: What are your favorite tax deductions and credits for 2017?

As an elderly couple in excellent health with no adjustments to income, two personal exemptions and zero dependent exemptions, no qualifying itemized deductions, no tax credits of any type, and no other taxes our favorite reduction to income is the Qualified Charitable Distribution. This QCD, which ...
by tomd37
Mon Dec 11, 2017 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Gift Card From Employer
Replies: 13
Views: 1420

Gift Card From Employer

Reportable income by recipient and/or business expense by donor? Today I arrived at my local Costco store fifteen minutes prior to the normal opening hour of 10am thinking I could get in early ahead of the crowd to get new reading glasses. Upon arrival I was amazed to see virtually the entire parkin...
by tomd37
Mon Dec 11, 2017 5:18 pm
Forum: Investing - Theory, News & General
Topic: Contribution to family member's IRA
Replies: 4
Views: 553

Re: Contribution to family member's IRA

Deleted - Did not read initial post correctly. Sorry
by tomd37
Sun Dec 10, 2017 9:33 pm
Forum: Personal Consumer Issues
Topic: Best Parmesan Cheese for Salad
Replies: 29
Views: 1732

Re: Best Parmesan Cheese for Salad

FB01 - I shop at Publix supermarket and they carry it.
by tomd37
Sun Dec 10, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Navy Federal CU Special Certificate
Replies: 7
Views: 1930

Re: Navy Federal CU Special Certificate

Have seen some other good offers, but for this 15-month time period and APY I have not found anything better yet..... :moneybag
by tomd37
Sun Dec 10, 2017 8:52 pm
Forum: Personal Consumer Issues
Topic: Best Parmesan Cheese for Salad
Replies: 29
Views: 1732

Re: Best Parmesan Cheese for Salad

:thumbsup to the Pecorino Romano. Very tasty even in some of my wife's excellent homemade soups
by tomd37
Sat Dec 09, 2017 7:36 pm
Forum: Personal Consumer Issues
Topic: What MPG App Do You Use To Track Fuel Usage ?
Replies: 61
Views: 2572

Re: What MPG App Do You Use To Track Fuel Usage ?

For the past thirty years I have kept an "At-a-Glance" Auto Record in each of my two cars. I record the information each time I purchase gasoline (only once a month now) in each car and keep a separate Excel spreadsheet on all other expenses. As an interesting matter, to me at least, we purchased a ...
by tomd37
Sat Dec 09, 2017 5:19 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 73
Views: 6256

Re: Best vehicle for seniors?

ssquared - Toyota Venza is no longer available. Went out two or three years ago. Mine is seven years old with 35,000 miles. Easy to get in and out of but backing up visibility to the rear is terrible. I miss my old VW Passat pure wagons
by tomd37
Thu Dec 07, 2017 5:10 pm
Forum: Personal Consumer Issues
Topic: sharing cost of tree cutting
Replies: 31
Views: 1670

Re: sharing cost of tree cutting

It is my understanding he has the right to cut any limbs that reach over his property line. Whether or not his trimming will be of such standards so as not to impact the appearance and quality of your tree is yet another question.

Solution - Split the cost and get a proper job done.
by tomd37
Wed Dec 06, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: Holiday Tipping
Replies: 30
Views: 2375

Re: Holiday Tipping

Luckywon - The pay I refer to is $26K annually.
by tomd37
Wed Dec 06, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Worth it to Amend incorrect CPA prepared tax returns?
Replies: 33
Views: 1927

Re: Worth it to Amend incorrect CPA prepared tax returns?

Panhead - Look at the wording of the 1040 signature section "Under the penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and accurately list all amounts and sources of income...
by tomd37
Wed Dec 06, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: Holiday Tipping
Replies: 30
Views: 2375

Re: Holiday Tipping

I do tip the three workers on the truck of my privately owned trash collection company (as opposed to a municipal collection) usually $25 to $30 each. I am retired so I am available to present the cash personally rather than leaving it on the trash container (for others to come by and take while sti...
by tomd37
Mon Dec 04, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Navy Federal CU Special Certificate
Replies: 7
Views: 1930

Re: Navy Federal CU Special Certificate

FriarJ,
Once again we are very similar. Our two 3% 5-month certificates mature on 12/31. Was hoping for a similar offering sometime this month but it does not now appear that way.

Fair winds and a following sea my friend.
by tomd37
Mon Dec 04, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Navy Federal CU Special Certificate
Replies: 7
Views: 1930

Navy Federal CU Special Certificate

Just noticed on the NFCU website that effective today they are offering a Special 15-month Certificate (Share Only) with a $50 minimum deposit and $50,000 maximum with additional deposits allowed at any time, subject to the maximum balance. The APY is 2.25% According to my records in December of las...
by tomd37
Thu Nov 30, 2017 9:42 am
Forum: Investing - Theory, News & General
Topic: Vanguard Online Access This AM
Replies: 1
Views: 236

Re: Vanguard Online Access This AM

Sorry for the post. After five minutes of trying to access it I now have access. :?
by tomd37
Thu Nov 30, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: Vanguard Online Access This AM
Replies: 1
Views: 236

Vanguard Online Access This AM

Is anyone having problems accessing their online account this morning? I cannot access mine.
by tomd37
Sun Nov 26, 2017 2:04 pm
Forum: Personal Consumer Issues
Topic: Removing stains from outdoor masonry
Replies: 6
Views: 409

Re: Removing stains from outdoor masonry

Is that "Karcher"? If so I would agree that's a good one for that type of work.
by tomd37
Sat Nov 25, 2017 11:43 pm
Forum: Personal Consumer Issues
Topic: Furniture
Replies: 22
Views: 1989

Re: Furniture

We have a couple of major pieces of Ethan Allen "Classic Manor" dining room furniture sitting downstairs right now that were purchased in 1967, the second year of our marriage. Except for the fact they are no longer in style by today's desires, nobody would guess they are fifty years old. We have mo...
by tomd37
Thu Nov 23, 2017 11:42 pm
Forum: Personal Consumer Issues
Topic: Honda CR-V vs Subaru Outback
Replies: 24
Views: 2663

Re: Honda CR-V vs Subaru Outback

Is anybody reading the recent posts about the Subaru windshield issues (breaking easily when Eye-Sight option installed). Something with that windshield is making them much more vulnerable to rock damage (breaking them). :thumbsdown