Search found 6631 matches

by Sidney
Mon May 11, 2020 9:53 am
Forum: Personal Consumer Issues
Topic: Need to update my GMail PW
Replies: 12
Views: 918

Re: Need to update my GMail PW

Depends if you are storing the password on your devices or manually entering it every time, and whether you sync all your devices. The password is stored at Google, so any device accessing your GMail account will need the new password once you have changed it at Google. So you will have to manually...
by Sidney
Mon May 11, 2020 9:51 am
Forum: Personal Consumer Issues
Topic: Need to update my GMail PW
Replies: 12
Views: 918

Re: Need to update my GMail PW

I plan to turn on 2FA quite soon but I want to take this in two steps so I don't screw something up.

For the mobile devices, the PW is stored on the device. The Android device is initialized with this account. The iOS device uses the GMail app to access mail, Drive etc -- not via web browser.
by Sidney
Mon May 11, 2020 9:24 am
Forum: Personal Consumer Issues
Topic: Need to update my GMail PW
Replies: 12
Views: 918

Need to update my GMail PW

I need to strengthen my GMail security. I use GMail in Chrome on my desktop, in an Android app on my phone and the GMail app on iPad. Not currently using 2FA but will eventually. First I want to strengthen the PW. Once I change the PW on GMail using the Chrome browser, will the Android and iOS apps ...
by Sidney
Thu Apr 02, 2020 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can I un-file my 2019 taxes in order to get a bigger stimulus check based on my 2018?
Replies: 30
Views: 2880

Re: Can I un-file my 2019 taxes in order to get a bigger stimulus check based on my 2018?

whodidntante wrote:
Thu Apr 02, 2020 4:56 pm
You would have been better off procrastinating, and there is no legal way to change that. Sorry.
Often true.
by Sidney
Fri Mar 27, 2020 7:44 pm
Forum: Personal Investments
Topic: rolling an old 401k into a brokerage account
Replies: 4
Views: 222

Re: rolling an old 401k into a brokerage account

Most major brokerages will take your money.
by Sidney
Sun Feb 16, 2020 5:48 pm
Forum: Personal Investments
Topic: I did not get a 1099R from Vanguard
Replies: 12
Views: 1059

Re: I did not get a 1099R from Vanguard

If the money was all pre-tax and the destination is indeed a Roth IRA, I think the 1099-R is incorrect and needs to be re-issued.
by Sidney
Sat Feb 15, 2020 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Still haven’t received my Consolidated 1099 for Vanguard Brokerage Account
Replies: 53
Views: 3643

Re: Still haven’t received my Consolidated 1099 for Vanguard Brokerage Account

Only 9pm Eastern time. Plenty of time to finish your taxes before midnight.
by Sidney
Wed Feb 12, 2020 12:11 pm
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 27265

Re: Protection Against Home Intruders

Can you not own a double barreled shotgun? Last line of defense. If I were going to keep a shotgun for protection I'd choose a tactical gun like a Mossberg. Short barrel. Easy to maneuver. I also agree with all other posters that if you aren't willing to put in the training time and range work (han...
by Sidney
Wed Feb 12, 2020 8:38 am
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 27265

Re: Protection Against Home Intruders

As for a weapon, I'd choose a 12 gauge over a pistol. buck shot has much less propensity to go through walls. Same here. Pistols are not very accurate. 12-guage barrel can be intimidating and it isn't hit or miss like a single bullet. On the downside, a spread of 00-buckshot may leave quite a bit o...
by Sidney
Mon Feb 10, 2020 11:04 am
Forum: Personal Finance (Not Investing)
Topic: HR Block- Savers Credit
Replies: 3
Views: 289

Re: HR Block- Savers Credit

schutzk21 wrote:
Mon Feb 10, 2020 11:02 am
Is this calendar-year 2019 or does it go through April 2020?
If would include all contributions for 2019 including any made through April, 2020 for the year 2019.
by Sidney
Sat Feb 08, 2020 2:12 pm
Forum: Personal Consumer Issues
Topic: Dangerous to allow Windows 10 desktop PC to have public/real IP address? No NAT/firewall
Replies: 20
Views: 1108

Re: Dangerous to allow Windows 10 desktop PC to have public/real IP address? No NAT/firewall

I don't know the answer to your specific question. But, routers are inexpensive. The question I would ask is "why wouldn't I use one?"
by Sidney
Fri Jan 31, 2020 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: For those of you that include your vehicle(s) in your net worth, how do you determine its value?
Replies: 66
Views: 2644

Re: For those of you that include your vehicle(s) in your net worth, how do you determine its value?

Only on an asset list that I provide to the lawyer who keeps my will. But I don't value it. I list the house at assessed value. That is close enough for estate work.
by Sidney
Sun Dec 22, 2019 8:52 pm
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 28020

Re: Tax Law Changes for 2020

In regards to the new RMD Age starting at 72 years, the ratio for the distribution increases as you now have fewer expected years to live. Something to consider when the time comes; and, when evaluating the “benefits” of this law change. Some of us will just be taking larger sums later rather than ...
by Sidney
Wed Dec 11, 2019 11:51 am
Forum: Personal Finance (Not Investing)
Topic: RMD in 1st year it is required
Replies: 22
Views: 2014

Re: RMD in 1st year it is required

OP, to answer your specific question, my understanding is that the RMD is based on the prior December 31 balance. See IRS Pub 590B
by Sidney
Fri Sep 06, 2019 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Charitable gift annuity
Replies: 14
Views: 670

Re: Charitable gift annuity

We are in the process of making a donation of appreciated assets to our alma mater. I was asked if we wanted to receive the annuity payments as two life or joint and survivor. Can anyone address any pros/cons, tax implications, etc. of one method versus the other? Thanks for any help, Drelk3 Settin...
by Sidney
Sat Aug 03, 2019 6:56 am
Forum: Personal Investments
Topic: Does it bug anyone else that Vanguard only has money market for cash?
Replies: 101
Views: 9360

Re: Does it bug anyone else that Vanguard only has money market for cash?

I'm not sure how they handle IRAs as I don't have one there currently (they do advertise FDIC insurance for them though), but for taxable, I think CMA is the only FDIC insured option. You can use it as a brokerage account. FCASH seems like it would be, but I asked support and it sounds like it's ba...
by Sidney
Thu Jul 04, 2019 10:22 am
Forum: Personal Investments
Topic: Vanguard Wellsley
Replies: 23
Views: 4227

Re: Vanguard Wellsley

The average duration of the bond holdings in Wellesley is about 7 years. Longer than I prefer but if that meets your plan, Wellesley might be a good choice.
by Sidney
Thu Jun 27, 2019 5:23 pm
Forum: Personal Investments
Topic: Do I need a financial advisor to protect myself from myself?
Replies: 46
Views: 5062

Re: Do I need a financial advisor to protect myself from myself?

if you really need a gatekeeper, someone else (Vanguard for one) will do it for a lot less.
by Sidney
Tue Jun 04, 2019 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Required Minimum Distributions
Replies: 61
Views: 6116

Re: Required Minimum Distributions

Ron wrote:
Tue Jun 04, 2019 1:33 pm
Our combined distributions/cap gains beat the average for the S&P over the last five years https://www.multpl.com/s-p-500-dividend ... le/by-year since we started keeping records on that factor of our investments.
How did it do vs. indexes on total return?
by Sidney
Sat May 18, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Debt: Student loan or cabin
Replies: 36
Views: 3173

Re: Debt: Student loan or cabin

student loan. It has higher rate.
by Sidney
Wed May 15, 2019 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Bank called my business manager
Replies: 49
Views: 5649

Re: Bank called my business manager

Banks are increasingly under scrutiny regarding money laundering. This is normal.
by Sidney
Thu May 09, 2019 4:39 pm
Forum: Personal Consumer Issues
Topic: Best practices - Car radio/CD player replacement
Replies: 13
Views: 975

Re: Best practices - Car radio/CD player replacement

If it is only the CD mechanism and there is an AUX input jack, I'd consider just using a smartphone and a service like Spotify. My CD mechanism got jammed so that is what I do now. I can download as much as I need to my phone. Frankly, I was getting tired of my CDs anyway.
by Sidney
Wed May 01, 2019 11:31 am
Forum: Personal Consumer Issues
Topic: Hiring a contractor to cut down some trees....what should I be aware of?
Replies: 89
Views: 5801

Re: Hiring a contractor to cut down some trees....what should I be aware of?

Yes, you should check to see if you city/town requires any permit to remove trees. Good point. We have to get approval for basically anything bigger than your little finger. That includes dead trees as well unless the dead tree is deemed by a certified tree service as likely to cause imminent prope...
by Sidney
Mon Apr 29, 2019 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Earned income for 9 year old
Replies: 52
Views: 3727

Re: Earned income for 9 year old

If I am paying an adult to look after my dog, I don't expect that adult to sub-contract to anyone - much less a 9 year old.
by Sidney
Mon Apr 29, 2019 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Is brokerage withholding treated as tax paid throughout the year, just like wage withholding?
Replies: 18
Views: 1191

Re: Is brokerage withholding treated as tax paid throughout the year, just like wage withholding?

Would this strategy fly? Late December, do a distribution from an IRA that matches one's tax liability and specify 100% withholding. In January, use money in taxable to do an indirect rollover to another IRA account to put the funds back into an IRA. Thus the distribution would not generate any taxa...
by Sidney
Wed Apr 24, 2019 7:43 am
Forum: Personal Consumer Issues
Topic: Which WAP to replace Airport Extreme - please no mesh recommendations
Replies: 116
Views: 6560

Re: Which WAP to replace Airport Extreme - please no mesh recommendations

I got some Ethernet extension cables yesterday (the cables are in conduit, a bit short, and not easy to replace). I will try some configurations later. My current configuration has NAT coming from the Fios router and every Airport set to Bridge mode, with Sunroom and Office wired to the back of Dow...
by Sidney
Tue Apr 23, 2019 3:26 pm
Forum: Investing - Theory, News & General
Topic: Marcus-13 month no penalty CD
Replies: 6
Views: 1176

Re: Marcus-13 month no penalty CD

They may have data that shows that people who put money in CDs are less likely to withdraw than savings accounts.
by Sidney
Wed Apr 17, 2019 10:15 am
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 11923

Re: seriously thinking about leaving S. CA but where to?

I am retired so I can move anywhere in the country. I have spent countless hours searching for a place to live. Originally , I was searching for a state free of taxes. But it doesn't matter anymore. I just want to leave CA but not sure where. Any suggestions based on the criteria Criteria: 1/ Good ...
by Sidney
Sun Feb 24, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Must foreign tax credit be applied before child tax credit?
Replies: 5
Views: 585

Re: Must foreign tax credit be applied before child tax credit?

according to the IRS 21.6.3.4.1 (10-01-2018) Nonrefundable Credits Procedures Nonrefundable credits are applied in the order that they appear in this section, unless stated otherwise in the specific credit section, form instructions, or publication: Form 1116, Foreign Tax Credit (Individual, Estate ...
by Sidney
Mon Feb 18, 2019 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: State Refund - reporting on 1040
Replies: 12
Views: 1004

Re: State Refund - reporting on 1040

Yes, I understand the math but it seems to contradict the principle of no-benefit/no-tax which is stated in more than one IRS document. That statement is apparently not correct. You can have no benefit and still pay taxes on the refund.
by Sidney
Mon Feb 18, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: State Refund - reporting on 1040
Replies: 12
Views: 1004

Re: State Refund - reporting on 1040

ofckrupke wrote:
Mon Feb 18, 2019 5:37 pm
It may be true that no (federal tax) benefit was derived, but you haven’t established this in the topic.
Had I paid $750 less with the extension, there would have been no refund. Doing so would have had no impact on my 2017 Federal taxes.
by Sidney
Mon Feb 18, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: State Refund - reporting on 1040
Replies: 12
Views: 1004

Re: State Refund - reporting on 1040

IRS Publication 525 page 22 under "Recovery for 2 or more years" shows how to handle this. Essentially, the $750 refund is considered to come evenly from the entire $14000 in payments. $643 (86%) from payments made in 2017 and $107 (14%) from the extension payment made in 2018. If you itemized in 2...
by Sidney
Mon Feb 18, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: State Refund - reporting on 1040
Replies: 12
Views: 1004

Re: State Refund - reporting on 1040

It depends. What State and Local Taxes (SALT), if any, are you reporting on your 2018 taxes? Since the $750 wasn't paid in 2017 and thus didn't affect your 2017 taxes, then you don't have to report based on that factor. Also... If you don't itemize, then no, you don't have to report this refund as ...
by Sidney
Mon Feb 18, 2019 11:17 am
Forum: Personal Finance (Not Investing)
Topic: State Refund - reporting on 1040
Replies: 12
Views: 1004

State Refund - reporting on 1040

Here is a rounded example similar to mine. Combined estimated state tax payments and withholding remitted in 2017: $12,000 Payment for 2017 remitted with Extension filed 4/15/18: $2,000 State return filed in October. Refund of $750. Is it correct to conclude that because I could have filed an extens...
by Sidney
Wed Feb 06, 2019 1:37 pm
Forum: Personal Investments
Topic: Roth IRA tax question.
Replies: 19
Views: 1005

Re: Roth IRA tax question.

The IRS publications are very difficult to understand. https://www.irs.gov/publications/p590b Is it true that any and all Roth IRA distributions, from a 5 year or older Roth, taken after age 59 1/2 are tax free? This is my understanding. Contributions were taxed at entry, so should not be taxed at ...
by Sidney
Sat Feb 02, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Were you 100% debt free at retirement
Replies: 163
Views: 12253

Re: Were you 100% debt free at retirement

I've been debt free for my entire life except for a brief time when they loaned me money to pay for college tuition. My parents grew up in the depression-era and were extremely anti-debt.
by Sidney
Sat Feb 02, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Interest Deductibility on Vacation home in LLC
Replies: 4
Views: 465

Re: Interest Deductibility on Vacation home in LLC

As best I can recall, in recent years it has never been possible to deduct mortgage interest on a second home (that is for personal use, not a rental) nor is it possible to do it under the new law. The use of a LLC would not change that. Hopefully one of the tax "experts" here will chime in as well...
by Sidney
Sat Feb 02, 2019 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Interest Deductibility on Vacation home in LLC
Replies: 4
Views: 465

Re: Interest Deductibility on Vacation home in LLC

As best I can recall, in recent years it has never been possible to deduct mortgage interest on a second home (that is for personal use, not a rental) nor is it possible to do it under the new law. The use of a LLC would not change that.

Hopefully one of the tax "experts" here will chime in as well.
by Sidney
Tue Jan 29, 2019 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Can you put interest income in a SEP IRA?
Replies: 3
Views: 215

Re: Can you put interest income in a SEP IRA?

I can't find any information on what qualifies to be put in a SEP IRA account. Last year I opened several checking accounts to get the sign-up bonuses. This income is reported on a 1099-INT. Can I contribute the money (up to the contribution maximum, 20% of self-employment earnings) into a SEP IRA?...
by Sidney
Mon Jan 28, 2019 11:18 pm
Forum: Personal Consumer Issues
Topic: Need help with computer crash!
Replies: 90
Views: 4693

Re: Need help with computer crash!

I had a noisy "crash" a couple of computers ago. The screen went blank. It turned out that it was the video card. The fan died noisily ( a loud screech) and then the video card overheated and died. I replace the video card and it started up normally. I don't know if they still have fans on video car...
by Sidney
Mon Jan 28, 2019 11:14 pm
Forum: Investing - Theory, News & General
Topic: Why do companies rarely issue new stock?
Replies: 45
Views: 3072

Re: Why do companies rarely issue new stock?

Debt has been extremely cheap for quite a while so it is a cost effective way to raise capital.
by Sidney
Thu Jan 24, 2019 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Gift
Replies: 26
Views: 1595

Re: Cash Gift

My wife and I are being gifted a large amount of cash (over $150K) to purchase a home by an older relative and are worried how this will be looked upon by the IRS and the government. This relative is not very trusting of banks and therefore stored a lot money in Cash. Can anyone tell me how this wi...
by Sidney
Mon Jan 21, 2019 2:57 pm
Forum: Personal Consumer Issues
Topic: Android App for ICE meds, emergency contacts, etc.
Replies: 5
Views: 495

Re: Android App for ICE meds, emergency contacts, etc.

TravelGeek wrote:
Sun Jan 20, 2019 11:19 am
Perhaps this helps?

https://support.google.com/nexus/answer/7055029?hl=en

I should probably do this myself. Added to Todoist ;)
Thanks; will have to rummage around. This references Android 9 and I am at 6. Could be that it is in another part of the settings.
by Sidney
Sun Jan 20, 2019 8:47 am
Forum: Personal Consumer Issues
Topic: Android App for ICE meds, emergency contacts, etc.
Replies: 5
Views: 495

Re: Android App for ICE meds, emergency contacts, etc.

My Samsung S9 allows me to do this all without using a third party app. Three emergency contact numbers can be added along any medical info I want to provide like medical conditions, allergies, meds, blood type or other pertinent info. How would someone get this if you were incapable of unlocking y...
by Sidney
Sat Jan 12, 2019 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: How Long Should I Keep Financial Records of Deceased Relatives
Replies: 20
Views: 1635

Re: How Long Should I Keep Financial Records of Deceased Relatives

I keep the valuation reports as of the date of death for the securities transferred to the beneficiaries of the estate in case one of them needs information for stepped up basis. They received this when the transfers were made but these reports are small so not a big deal to retain in case they misp...
by Sidney
Fri Jan 04, 2019 3:04 pm
Forum: Personal Consumer Issues
Topic: Which iPhone: 8 or XR?
Replies: 45
Views: 3766

Re: Which iPhone: 8 or XR?

Given the big miss on volume, won't Apple be under pressure to bring prices down? If so, it would seem like it makes sense to wait a while on shopping for iPhones.
by Sidney
Sat Dec 29, 2018 6:17 pm
Forum: Investing - Theory, News & General
Topic: Receiving shares in payment for a sell
Replies: 3
Views: 270

Re: Receiving shares in payment for a sell

Often the stock portions are structured to be not taxable for the shareholder. I'd suggest looking at the proxy statement that was issued about the transaction. Normally they spell it out.