Search found 227 matches

by markfaix
Thu Nov 21, 2019 9:36 pm
Forum: Personal Consumer Issues
Topic: Kindle Paperwhite speed?
Replies: 7
Views: 707

Re: Kindle Paperwhite speed?

Hi all, Thanks for the replies. I have rebooted/restarted the Kindle. The page turns are a little faster, but changing from one book to other is very sloooow. It takes some time, maybe 45-60 secs, to close a book, return to the home page, refresh the home page, then load the next book that I select....
by markfaix
Wed Nov 20, 2019 7:34 pm
Forum: Personal Consumer Issues
Topic: Kindle Paperwhite speed?
Replies: 7
Views: 707

Kindle Paperwhite speed?

I have a Kindle Paperwhite from 2013. I use it regularly, especially for reading at night or outdoors, but lately it seems very laggy and slow to use its functions: to load books, search in a book, highlight, jump around, etc. I'm not sure if it's actually getting slower or if the iPad Kindle is jus...
by markfaix
Wed Nov 13, 2019 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Buyer's agent commission refunds: Hungry Agents, Redfin, others?
Replies: 13
Views: 1569

Buyer's agent commission refunds: Hungry Agents, Redfin, others?

My family is looking to purchase a single family home in suburban Baltimore. We know the area reasonably well, but we would like to use a buyer's agent, based on what we've read in prior threads (more credibilty with sellers' agents, easier scheduling, etc.) Does anyone have recent experience in usi...
by markfaix
Tue Oct 01, 2019 6:28 pm
Forum: Personal Consumer Issues
Topic: Apple iPhone iOS 13 Discussion
Replies: 77
Views: 8734

Re: Apple iPhone iOS 13 Discussion

Foolishly, I installed them when they came out, 4+ days ago.

Never had this level of battery drain with any other iOS update ... but it seems that I'm in the minority as least here.
by markfaix
Tue Oct 01, 2019 12:22 pm
Forum: Personal Consumer Issues
Topic: Apple iPhone iOS 13 Discussion
Replies: 77
Views: 8734

Re: Apple iPhone iOS 13 Discussion

MAJOR battery drain on both 13.1.1 and 13.1.2 for my iPhone 8. Usually I'm at 60% at the end of the day; now I'm 20%. Have done the usual battery conservation techniques: dim display, no location services, reset, etc. No improvement.

Wish I could go back to 12.
by markfaix
Wed Jul 24, 2019 9:28 pm
Forum: Personal Investments
Topic: How to transfer custodial Roth IRA after age 18?
Replies: 5
Views: 511

Re: How to transfer custodial Roth IRA after age 18?

Alan S. wrote:
Wed Jul 24, 2019 8:14 pm
What is the state?
Maryland
by markfaix
Wed Jul 24, 2019 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity customer service declining?
Replies: 17
Views: 2182

Fidelity customer service declining?

I have been a satified Fido customer for over 20 years--until recently. DW and I have our Roths, traditional IRAs, my small business 401k, and almost all of our taxable investments. The service has been uniformly excellent until recently, and I'm debating whether to leave. 1) When I transferred my H...
by markfaix
Wed Jul 24, 2019 6:35 pm
Forum: Personal Investments
Topic: How to transfer custodial Roth IRA after age 18?
Replies: 5
Views: 511

How to transfer custodial Roth IRA after age 18?

A few years ago, I opened a custodial Roth IRA at Schwab for my then 15-year-old son for him to invest his summer job earnings. At the time, the age of majority in my state was 21, so the custodial Roth was scheduled to turn over to his control at age 21. He is now 18, which is now the age of majori...
by markfaix
Tue Apr 16, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax error in handling excess Roth contribution?
Replies: 11
Views: 694

Re: TurboTax error in handling excess Roth contribution?

The IRS computer matching will be looking for that 1099R distribution of 100 to show up on line 4a of Form 1040 for 2018, but since there is no tax due because of no earnings, they might not send an inquiry. If you allow Ttax to assign the excess to 2018, will you still be able to enter the 1099R? ...
by markfaix
Mon Apr 15, 2019 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax error in handling excess Roth contribution?
Replies: 11
Views: 694

Re: TurboTax error in handling excess Roth contribution?

Ok, now it all makes sense. Except we are back to your original problem trying to figure out why Ttax apparently does not think that the contribution returned was for 2017. The 1099R codes are correct, because the 8 code correctly means that if there were any earnings (there isn't since .02 rounds ...
by markfaix
Mon Apr 15, 2019 11:04 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax error in handling excess Roth contribution?
Replies: 11
Views: 694

Re: TurboTax error in handling excess Roth contribution?

Thanks, but there is a conflict between your first post and your most recent regarding WHEN contributions were made for each year. The 1099R coding indicates the return of a contribution made in 2018 but cannot specify whether it was FOR year 2017 or 2018. However, you indicated in your first post ...
by markfaix
Sun Apr 14, 2019 6:28 pm
Forum: Personal Consumer Issues
Topic: How to fix jerky images on streaming TV?
Replies: 29
Views: 1798

How to fix jerky images on streaming TV?

After cutting the cord, I subscribed to YouTube TV with a Roku Streaming Stick+. Streaming to our 4 year old Vizio 52" TV has been problematic. Especially when watching sports, the images often become herky/jerky and robotic. I presume this is from buffering/interruptions in the streaming signal. I ...
by markfaix
Fri Apr 12, 2019 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax error in handling excess Roth contribution?
Replies: 11
Views: 694

Re: TurboTax error in handling excess Roth contribution?

What was the year on that 1099R, the amounts in Box 1 and 2a, and code in Box 7? 1099-R 2018 Box 1 Gross distribution $100.02 Box 2a Taxable amt $0.02 Box 7 Dist codes 8J (8=return of contribution taxable in 2018; J=early dsitribution from Roth IRA) The initial contribution was made in 01/2018 for ...
by markfaix
Fri Apr 12, 2019 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax error in handling excess Roth contribution?
Replies: 11
Views: 694

Re: TurboTax error in handling excess Roth contribution?

RickBoglehead wrote:
Fri Apr 12, 2019 8:27 pm
Did he enter the form sent that indicated the $100 return of contribution? TT is looking for that.
Yes, he entered the 1099-R documenting returning of the $100 excess contribution.
by markfaix
Fri Apr 12, 2019 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: TurboTax error in handling excess Roth contribution?
Replies: 11
Views: 694

TurboTax error in handling excess Roth contribution?

I am posting on behalf on my minor son. In 1/2018, my son contributed $4100 to a Roth IRA for tax year 2017. He then found out his W-2 income would be $4000, so he withdrew the $100 excess contribution from his Roth in 3/2018. In 1/2019, my son contributed $3000 to his Roth for tax year 2018. His 20...
by markfaix
Thu Feb 07, 2019 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Taxable grant on 1099G Box 6 OK to contribute to Roth?
Replies: 5
Views: 330

Re: Taxable grant on 1099G Box 6 OK to contribute to Roth?

The payment looks like stipends to help pay for part of his living expenses. What did the NIH tell him about the payment? I don't think it qualifies as earned income even though he might have a good learning experience. The NIH gave him an offer letter for the summer job stating his salary would be...
by markfaix
Thu Feb 07, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Taxable grant on 1099G Box 6 OK to contribute to Roth?
Replies: 5
Views: 330

Taxable grant on 1099G Box 6 OK to contribute to Roth?

My son, age 17, was paid ~$3000 in 2018 for an NIH internship. His earnings were reported on form 1099-G, box 6 (taxable grants), not a W-2. Is this money acceptable as compensation for Roth contributions? Should I put it onto Sch C? TurboTax does not consider it as eligible. The money is NOT a scho...
by markfaix
Wed Feb 06, 2019 2:29 pm
Forum: Personal Investments
Topic: How to file 1040 with $50 "excess" HSA contribution subsequently withdrawn
Replies: 8
Views: 616

Re: How to file 1040 with $50 "excess" HSA contribution subsequently withdrawn

I screwed up something, which may make things more complicated. I am the sole shareholder/employee of an S Corp. When I got the "excess" contribution back, I ptu it back into the S Corp, so my W-2 Box 14 has "S Corp HSA $6850.00" instead of $6900. Is it better to file a corrected W-2? Or can I just...
by markfaix
Fri Feb 01, 2019 5:33 pm
Forum: Personal Investments
Topic: How to file 1040 with $50 "excess" HSA contribution subsequently withdrawn
Replies: 8
Views: 616

Re: How to file 1040 with $50 "excess" HSA contribution subsequently withdrawn

In 2018, I contributed $6900 to my HSA. I had a family HDHP for the entire year. In March, when the IRS lowered the maximum allowed contribution to $6850, I withdrew $48 (the $50 initial contribution, less $2 capital losses). Of course, the IRS later raised the max contribution limit back to $6900....
by markfaix
Thu Jan 31, 2019 8:06 pm
Forum: Personal Investments
Topic: How to file 1040 with $50 "excess" HSA contribution subsequently withdrawn
Replies: 8
Views: 616

How to file 1040 with $50 "excess" HSA contribution subsequently withdrawn

In 2018, I contributed $6900 to my HSA. I had a family HDHP for the entire year. In March, when the IRS lowered the maximum allowed contribution to $6850, I withdrew $48 (the $50 initial contribution, less $2 capital losses). Of course, the IRS later raised the max contribution limit back to $6900. ...
by markfaix
Mon Jan 14, 2019 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Maryland 529 College Investment Plans
Replies: 37
Views: 5275

Re: Maryland 529 College Investment Plans

I'm a Maryland resident and have one account per child for our three children. I contribute $5,000 per child ($2,500 per parent). I don't do anything special to mark the contribution's owner, though. I claim the full amount on our taxes (Married filing jointly). If we get audited, I would think it ...
by markfaix
Sun Jan 13, 2019 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: S corp tax software: Taxact or Turbotax?
Replies: 5
Views: 446

Re: S corp tax software: Taxact or Turbotax?

I use TurboTax Business for my 1120s and the schedules you mention. It works fine but it's a bit less friendly than the TurboTax personal editions for the 1040. I think that's largely because there's more potential complexity in the return. If you have a prior year CPA prepared 1120s to use as a mo...
by markfaix
Sat Jan 12, 2019 9:04 pm
Forum: Personal Consumer Issues
Topic: Leave negative eBay feedback for item not received?
Replies: 7
Views: 657

Re: Leave negative eBay feedback for item not received?

Thanks all! I didn't realize sellers can't leave neg feedback. I left neg feedback for the seller.
by markfaix
Sat Jan 12, 2019 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: S corp tax software: Taxact or Turbotax?
Replies: 5
Views: 446

S corp tax software: Taxact or Turbotax?

I am a sole owner/employee of a small business S corp. I wanted to try to do our own 1120S federal and state as my overpriced CPA is getting too expensive. I need to do Sch L (balance sheet) and Sch M-1 and M-2. Any recommendations? Reviews are terrible for Taxcut, and mixed for Taxact and Turbotax ...
by markfaix
Sat Jan 12, 2019 4:15 pm
Forum: Personal Consumer Issues
Topic: Leave negative eBay feedback for item not received?
Replies: 7
Views: 657

Leave negative eBay feedback for item not received?

I purchased an item on eBay in December. The seller never sent notification of shipment and didn't respond to my messages. I filed a case with eBay and got my money back. Should I also post a negative feedback? In the one other time I posted a negative feedback for failure to deliver the item, the s...
by markfaix
Fri Jan 11, 2019 1:01 pm
Forum: Personal Consumer Issues
Topic: Banff/Lake Louise vacation-suggestions?
Replies: 16
Views: 1043

Banff/Lake Louise vacation-suggestions?

After saving our pennies, our family is planning a three generation (ages 78 through 9) one week vacation in the Canadian Rockies in June. My idea of a good vacation is a relaxed pace, light-schedule vacation at a beach or beautiful outdoor area. I *hate* large crowds, long lines, tour buses, etc. F...
by markfaix
Fri Jan 04, 2019 6:23 pm
Forum: Investing - Theory, News & General
Topic: Change 529 beneficiary from parent to child - tax consequences?
Replies: 1
Views: 275

Change 529 beneficiary from parent to child - tax consequences?

To maximize my state (MD) tax deduction for 529 contributions, DW and I both own 529 accounts for the benefit of each of our children, and also for the benefit of each other. For the 529s where DW/I are the beneficiaries, we plan to eventually change the beneficiary from DW/me to our children. 1) Ma...
by markfaix
Thu Jan 03, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant CU 3/2.5% Visa application process
Replies: 18
Views: 1491

Re: Alliant CU 3/2.5% Visa application process

In addition to customer service, any issues with slow posting of payments. For example, you have a $5K credit limit, you spent $1K, you pay the $1K, so your balance is $0, but your credit limit is still $4k for another week.
by markfaix
Thu Jan 03, 2019 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant CU 3/2.5% Visa application process
Replies: 18
Views: 1491

Re: Alliant CU 3/2.5% Visa application process

How has the customer service been? Lots of complaints about unhelpful CSRs.

Online reviews also complain of slow posting of payments, eg, you have a $5K credit limit, you spent $1K, you pay the $1K, so your balance is $0, but your credit limit is still $4k for 1 week.
by markfaix
Wed Jan 02, 2019 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Alliant CU 3/2.5% Visa application process
Replies: 18
Views: 1491

Alliant CU 3/2.5% Visa application process

I am considering applying for this card to replace my Fidelity 2% cashback Visa, but when I read the previous thread about the onerous application process, it gave me pause. Has anyone, especially those with self employment income, recently applied for and been approved for this card? What was the p...
by markfaix
Mon Dec 31, 2018 4:28 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th [2018]
Replies: 1066
Views: 104878

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

FYI, Fidelity does not reimburse account closure/transfer fees from another custodian
viewtopic.php?f=1&t=268222&newpost=4291 ... ead#unread
by markfaix
Mon Dec 31, 2018 3:55 pm
Forum: Personal Investments
Topic: Fidelity HSA: NO reimbursement for outside custodian transfer fee
Replies: 1
Views: 388

Fidelity HSA: NO reimbursement for outside custodian transfer fee

Like many others, I was excited to transfer my HSA from my prior custodian to Fidelity. The Fidelity rep had promised in an online chat that Fidelity would reimburse the account closing fee from my prior custodian. Despite my keeping and submitting my record of the online chat, two Fidelity reps tol...
by markfaix
Fri Dec 28, 2018 12:41 pm
Forum: Personal Investments
Topic: 529 strategy debate
Replies: 2
Views: 419

Re: 529 strategy debate

There is a strategy called "value averaging," after a book by Mike Edleson. Instead of investing a fixed dollar amount at prespecified intervals ("dollar cost averaging"), with value averaging you invest at regular intervals whatever dollar amount is needed to bring the total account balance up to a...
by markfaix
Thu Nov 29, 2018 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: S corp deduction for 2 separate health insurance policies
Replies: 3
Views: 264

Re: S corp deduction for 2 separate health insurance policies

Is it permissible to treat health insurance payments for our son's college health insurance in the same manner as with the family plan? ie, if we drop him from the family health insurance, can I have the S corp pay for his health insurance, and then can I deduct his health insurance premiums on my ...
by markfaix
Thu Nov 29, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: S corp deduction for 2 separate health insurance policies
Replies: 3
Views: 264

S corp deduction for 2 separate health insurance policies

I am the sole employee/owner of a S corp. My reasonable W-2 salary includes payments for health insurance for myself and my dependents, as paid by the S corp on my behalf. I deduct these health insurance payments on form 1040, line 27. This is standard protocol for single shareholder/employees of S ...
by markfaix
Sun Nov 18, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: My car was totaled. Do any of you have experience with this process?
Replies: 48
Views: 3071

Re: My car was totaled. Do any of you have experience with this process?

This was my experience with Erie Insurance when my car was totaled. The adjuster looked at newspaper/online ads for cars on sale that were similar to mine. Then he did an adjustment for mileage, etc., similar to a real estate appraisal with comparable properties. Because they use the asking price fo...
by markfaix
Fri Nov 16, 2018 7:21 pm
Forum: Personal Investments
Topic: Transfer Saturna HSA to Fidelity?
Replies: 3
Views: 438

Transfer Saturna HSA to Fidelity?

For Saturna HSA holders, are you planning to transfer your account to Fidelity? I have a brokerage account with them already and am happy with them. Despite the $75 transfer out fee from Saturna, I'm thinking about transferring given Fido's service, $0-5 commissions, and the ability to further conso...
by markfaix
Sat Sep 29, 2018 8:54 pm
Forum: Personal Consumer Issues
Topic: Xfinity Mobile experiences in Maryland/DC area?
Replies: 1
Views: 313

Xfinity Mobile experiences in Maryland/DC area?

Am thinking about switching from Verizon Wireless to Xfinity Mobile, which is a Verizon MVNO. $12/GB/month for a low data user like me is tempting! Any experiences on reliability and data speed for those who live in the Maryland/DC area? I mostly use data for Waze/GPS apps. Other times, I have WiFi ...
by markfaix
Wed Aug 15, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 162
Views: 11412

Take auto loan 0.9% if I can afford cash?

I will be buying a car soon. I can afford to pay cash up front. The dealer says I’m eligible for 0.9% financing for 3 years. No change in price whether paying by cash or loan. Would you take a car loan that you didn’t need? My only other debt is a home mortgage with after tax interest rate of 1.7% d...
by markfaix
Sat Aug 04, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: LAPTOP: Huawei Matebook Pro vs. Dell XPS
Replies: 13
Views: 1729

Re: LAPTOP: Huawei Matebook Pro vs. Dell XPS

I admit that this is a little paranoid, but I would not buy a Huawei computer because of concerns about back-doors . Meanwhile, I'm typing this on a new Dell XPS 13 running Linux. It's fine. It doesn't really measure up to my old Macbook Pro, but the total cost saved me the equivalent of a Macbook ...
by markfaix
Sun Jun 24, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: Buy year end 2018 van vs. 2019 model
Replies: 7
Views: 968

Re: Buy year end 2018 van vs. 2019 model

RickBoglehead wrote:
Sun Jun 24, 2018 7:10 pm
How long will you keep it? A 2018 will be depreciated for resale a year more, even if the same physical age.
We would expect to keep it 8-10 yrs, 150-200K miles.
by markfaix
Sun Jun 24, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: Buy year end 2018 van vs. 2019 model
Replies: 7
Views: 968

Buy year end 2018 van vs. 2019 model

We are planning to replace DW's Honda Odyssey with >200K miles with another Odyssey. DW had proposed buying a new one when the first 2018 models came out last year, but I was reluctant because the 2018 Odyssey was a brand new redesign, and conventional wisdom warns against buying the first year mode...
by markfaix
Sat Apr 21, 2018 10:12 am
Forum: Personal Finance (Not Investing)
Topic: How do I make sure IRS receives my manual tax return ?
Replies: 89
Views: 11017

Re: How do I make sure IRS receives my manual tax return ?

Spectec Not to thread jack, but awhile back you had advocated paper filing over e-filing, for various reasons. If I remember correctly, you felt it reduced audit risk, and you got special permission from the IRS to paper file for your clients. Do you still maintain the same position and practice? Th...
by markfaix
Mon Apr 16, 2018 7:39 am
Forum: Personal Consumer Issues
Topic: Ogden UT/Salt Lake City summer children's activities?
Replies: 8
Views: 1076

Ogden UT/Salt Lake City summer children's activities?

In July, DW has a weeklong course at Weber State University in Ogden, UT, outside of Salt Lake City. I'll be tagging along with 2 of our children, ages 8 and 10. Any suggestions on activities for me to do with the kids? Looking mostly for daytime activities. Maybe one overnight trip is possible, but...
by markfaix
Wed Apr 04, 2018 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Maryland 529 College Investment Plans
Replies: 37
Views: 5275

Re: Maryland 529 College Investment Plans

This is a relatively specific question and I'm not sure if anyone will know, but thought I'd ask. I currently have separate 529 College Investment Plans for my 2 children and file my taxes as "Married filing Jointly" with my wife. My understanding of these accounts is that you can deduct up to $250...
by markfaix
Wed Mar 21, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Business Use of Car - Personal Property Tax
Replies: 4
Views: 478

Re: Business Use of Car - Personal Property Tax

If I use the standard mileage deduction for business use of my car, which also has some personal use, am I still allowed to deduct the business use of the personal property tax? I read that the personal property tax could be the sales tax of a newly purchased car. So if I purchased a car in 2017, c...
by markfaix
Mon Mar 19, 2018 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Would you switch investment advisor to save $3000+/yr?
Replies: 24
Views: 3791

Re: Would you switch investment advisor to save $3000+/yr?

Hi MarkFaix, I am curious if you ended up with Derek Tinnin (or if anyone else has used Derek). My wife and I are thinking of going with him. We've been with am AUM advisor and really liked Derek's style and his investment & fee philosophy. Has anyone used him and if so, can you share your experien...
by markfaix
Fri Mar 16, 2018 10:04 am
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]
Replies: 128
Views: 19877

Re: HSA family max contribution lowered to $6850 for 2018

Hold on. Do NOT rush to remove excess contributions: I do not know of any HSA custodian who doesn't charge to remove excess contributions and their earnings, typically $20 - $25. It is far less expensive to file form 5329 with your 2018 tax return and pay a $50 * 6% = $3 excise tax, stay $50 under ...
by markfaix
Mon Mar 05, 2018 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: How to delete/diminish/replace Quicken and minimize time tracking finances?
Replies: 45
Views: 3344

Re: How to delete/diminish/replace Quicken and minimize time tracking finances?

Based on feedback from DW, I need to spend less time tracking our family's finances and more time/energy with family. I would like to see how other balance their checkbook etc. My current system: * Enter checks into Quicken, reconcile 3-4x/month * Download credit card transactions into Quicken and ...
by markfaix
Mon Mar 05, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: How to delete/diminish/replace Quicken and minimize time tracking finances?
Replies: 45
Views: 3344

How to delete/diminish/replace Quicken and minimize time tracking finances?

Based on feedback from DW, I need to spend less time tracking our family's finances and more time/energy with family. I would like to see how other balance their checkbook etc. My current system: * Enter checks into Quicken, reconcile 3-4x/month * Download credit card transactions into Quicken and a...