Search found 1420 matches

by earlyout
Sat Nov 10, 2007 9:18 pm
Forum: Personal Investments
Topic: Logging wooded acerage, taxes owed?
Replies: 22
Views: 4426

Try Fairmark

Springman,

If you want to pursue anonymous opinions, you might want to post your question on the Fairmark forum. There are some failry savvy tax people there that may give you some additional input.

EO
by earlyout
Fri Nov 09, 2007 3:31 pm
Forum: Personal Investments
Topic: Ken Schwartz et al. More on Roth Conversion
Replies: 11
Views: 2396

Income limits on Roth conversion

Beth,

Ken's response mentions the $100,000 modified AGI limit for converting a TIRA to a Roth. This modified adjusted gross income does not include the amount you convert from a traditional to a Roth IRA. The Fairmark site has the details.

EO
by earlyout
Thu Nov 08, 2007 4:54 pm
Forum: Personal Investments
Topic: Voluntary suspension of SS and spousal benefits
Replies: 2
Views: 922

File and suspend

John,

Jim Mahaney's recent paper on delaying SS until age 70 also has a reference you could use with SSA. The paper is referenced in the third or fourth response in this recent thread.

EO
by earlyout
Sun Nov 04, 2007 11:02 am
Forum: Investing - Theory, News & General
Topic: What is a 4% SWR?
Replies: 8
Views: 2558

Taxes and expenses from the 4%

I think the common understanding of the "not adjusted for transaction costs and taxes" caveat in the Trinity study is that taxes and investment expenses are paid from the 4% withdrawn from the portfolio. The 4% is not adjusted upward to pay these costs.

EO
by earlyout
Mon Oct 22, 2007 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with Vista E-mail System
Replies: 12
Views: 2817

Bob,

Thanks for posting the easy way do accomplish this task. I thought there must be a simple way to do it but I could not find it.

EO
by earlyout
Sun Oct 21, 2007 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with Vista E-mail System
Replies: 12
Views: 2817

Re: Need help with Vista E-mail System

Our new computer came with MS Vista. We are new to Vista. The mail system has changed from Outlook Express to Windows Mail. We had to key in the Address Book data and they end up being sorted alpha by first name. They were by last name in Outlook Express.. Can someone give me instructions to get th...
by earlyout
Fri Oct 05, 2007 8:18 am
Forum: Personal Investments
Topic: Quick Roth IRA Question
Replies: 3
Views: 1331

Quick response

Mark, As I recall, Roth contributions are not reported on your tax returns. If you use a tax preparation program the program may have you input the amount but it does not enter into the actual calculation of your tax bill. You have until your tax deadline to make the Roth contribution. This would be...
by earlyout
Mon Sep 24, 2007 2:59 pm
Forum: Forum Issues and Administration
Topic: Spell Checking
Replies: 14
Views: 4763

No ads

As long as we are extolling the benefits of Firefox, we should not forget how pleasant it is to view websites (including M*) with no ads or popups. Firefox with AdBlock Plus does a wonderful job!

EO
by earlyout
Thu Sep 20, 2007 6:49 pm
Forum: Personal Investments
Topic: Relocating to Foreign Country
Replies: 14
Views: 4445

Mail Forwarders

I was overseas in the '80s and don't recall the name of the company. My U.S. address was a PO Box in Houston and mail and packages were delivered by DHL to our offices overseas. I think it was in the range of $200 to $300 per year.

The easiest way may be to google "Mail Forwarders country".

EO
by earlyout
Thu Sep 20, 2007 1:03 pm
Forum: Personal Investments
Topic: Relocating to Foreign Country
Replies: 14
Views: 4445

US Citizen?

Living abroad as a U.S. citizen can lead to messy income tax situations. If you are a U.S. citizen, it makes no difference what country you live in. Whether or not you have to file a U.S tax return depends on your income, your filing status, your age, etc. The same rules apply as if you were living ...
by earlyout
Thu Sep 06, 2007 8:24 am
Forum: Personal Investments
Topic: When To Take Social Security
Replies: 31
Views: 9343

SSA Benefit Estimates

I am somewhat nervous about how Social Security calculating benefits as a function of earnings history though, and I am not sure about what happens when an earnings history shows $X for 2004, 5, 6, 7 but ZERO for 2008, 9, 10, and 11. Any wisdom? nispirus The annual estimates provided by SSA for you...
by earlyout
Mon Sep 03, 2007 12:46 pm
Forum: Personal Investments
Topic: Help! How do taxes for a Roth IRA conversion work?
Replies: 17
Views: 4545

Regular Income

Ted, The amount your convert from a traditional to a Roth IRA will be treated as regular income by the IRS. If it will push you into the 25% bracket you may want to consider converting only part of it this year and do the rest next year. There is no FICA tax on the conversion amount. Fairmark has a ...
by earlyout
Sat Sep 01, 2007 8:54 am
Forum: Investing - Theory, News & General
Topic: FRI:Structuring Income For Retirement
Replies: 12
Views: 3334

A little bit of skepticism is usually a good thing. See the thread on this paper in the M* IDR forum.

EO
by earlyout
Thu Aug 02, 2007 7:49 pm
Forum: Personal Investments
Topic: Tax question
Replies: 3
Views: 1613

All of it taxed at 15%

My understanding is that if you are in the 25% or higher federal bracket in 2008, you would be taxed at 15% on all of your LTCG and QDs. If your other taxable income is less than the top of the 15% income tax bracket, then LTCG/QD that would take you to the top of the 15% bracket would be subject to...
by earlyout
Wed Jun 27, 2007 4:59 pm
Forum: Personal Investments
Topic: Capital gains tax holiday
Replies: 8
Views: 3302

Re: How does this work?

In 2008, if you have 5000 in capital gains, and are in the 10% (15%?) tax bracket, my understanding is that you will pay no tax on that 5000. If you add another 100 in CG, and this moves you into the next tax bracket, will all that 5000 become taxable? Dick My understanding of the current situation...
by earlyout
Wed May 30, 2007 8:07 am
Forum: Personal Investments
Topic: Social Security Question
Replies: 5
Views: 2428

Let's clarify the taxes

For married filing joint, when other income plus 1/2 of the SS is over $32000 the SS benefit starts to be taxed. The amount of SS that is taxed increases to a maximum of 85% of the SS as income increases. In your case, taxable income is $8500 from working, $14000 interest and $22,200 from pensions f...
by earlyout
Tue May 29, 2007 9:56 am
Forum: Personal Investments
Topic: Social Security Question
Replies: 5
Views: 2428

Taxed SS

Vinny, Based on my calculations, if all of the income you mention is taxable and you use the standard deduction, 85% ($10,200, the max) of the SS benefit will be taxed in 2007. If you remove the $8500 of income from working, only 43% of the SS will taxed. Total federal income tax with the job would ...
by earlyout
Sun May 20, 2007 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Firefox
Replies: 27
Views: 12086

Which version?

I am using Firefox 2.0 with Vista and bookmarks in the sidebar are the text explanations, not the icons. I could not find anything that would switch between icons and text descriptions.

Are you using Vista? Which version of Firefox?

EO
by earlyout
Sun Apr 22, 2007 9:36 pm
Forum: Forum Issues and Administration
Topic: Wish list
Replies: 27
Views: 14973

link to home page

A simple link somewhere to get back to the diehards.org home page would be very useful. Rob also mentioned this about a month ago.

Thanks.
by earlyout
Tue Mar 06, 2007 9:00 pm
Forum: Investing - Theory, News & General
Topic: Excel add-in for MSN Money quotes
Replies: 17
Views: 8568

Not available for Excel 2000

TnGuy -- The add-in is not available (won't work) for Excel 2000. If you want a challange, and like to write VBA code, Gummy has some good examples that you can modify to pull quotes into Excel 2000.

EO