Search found 1382 matches

by AAA
Tue Apr 21, 2020 9:52 am
Forum: Personal Finance (Not Investing)
Topic: [Fidelity - Responsibility to track down beneficiaries on death]
Replies: 71
Views: 4397

Re: Surprised that there is no esponsibility to track down beneficiaries on death

I'm okay with Vanguard not having responsibility to track down the beneficiaries of one's retirement account (I don't remember if their addresses are even included with their other information) but I don't understand why Vanguard does not allow naming of secondary beneficiaries on joint non-retireme...
by AAA
Sat Apr 11, 2020 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you login and review your investment accounts?
Replies: 68
Views: 2650

Re: How often do you login and review your investment accounts?

Related to this - how often do you check in and download statements or account snapshots? And if you do this, is it in part to have some kind of record should there be a serious systems foulup at your financial institution? I've often wonder if these would be of any actual value given that they coul...
by AAA
Fri Apr 10, 2020 3:36 pm
Forum: Personal Investments
Topic: Do firms automatically adjust stepped-up cost basis?
Replies: 2
Views: 195

Do firms automatically adjust stepped-up cost basis?

If the single owner of a taxable account at Vanguard or Fidelity passes to his/her beneficiaries and they want the items to remain at the firm, I assume that new accounts would be set up in those beneficiaries' names. Does the firm automatically adjust the cost basis of the funds to their stepped-up...
by AAA
Thu Apr 09, 2020 2:15 pm
Forum: Personal Investments
Topic: Another Tax Loss Harvesting Thread
Replies: 1
Views: 133

Another Tax Loss Harvesting Thread

I know about the Wiki and the many threads here, but some of that goes over my head and I am new to this and just want to make absolute sure... So let's say on 3/1/2020 I exchanged stock fund A for sufficiently different stock fund B as fund A had a significant loss. The last reinvestment or purchas...
by AAA
Fri Apr 03, 2020 12:53 pm
Forum: Personal Consumer Issues
Topic: Bathroom / Shower Mold
Replies: 5
Views: 682

Re: Bathroom / Shower Mold

I've tried cleaners, bleach with water... How did you use the bleach? I have a spray bottle with 50/50 bleach/water. If I spray it on the shower walls and let it sit for about 15 minutes (with bathroom door closed and window open) and then rinse it off it usually does the trick. Since the last appl...
by AAA
Thu Mar 12, 2020 1:08 pm
Forum: Personal Investments
Topic: TLH and buying low
Replies: 19
Views: 999

Re: TLH and buying low

lakpr wrote: Thu Mar 12, 2020 10:14 am Of course, you should also refrain from buying the same security, even through inadvertent auto-dividend-reinvesting, for the next 30 days.
And I believe that holds if you also have the same security in a separate tax-sheltered account (IRA, 401K, etc.).
by AAA
Thu Mar 12, 2020 10:01 am
Forum: Personal Investments
Topic: TLH and buying low
Replies: 19
Views: 999

Re: TLH and buying low

So you do the tax loss harvesting on VTSAX (sell all lots that have loss, and make sure all lots bought within the last 30 days are sold) Do not buy any more VTSAX for at least the next 30 days. Can you explain the selling of lots bought within the last 30 days. I thought that such lots could not b...
by AAA
Tue Mar 10, 2020 7:02 pm
Forum: Personal Consumer Issues
Topic: Annual Maintenance on my Audi with little mileage
Replies: 13
Views: 1147

Re: Annual Maintenance on my Audi with little mileage

I was in a similar situation with my six year old Volvo as it only has about 24,000 miles. I had been going in just once a year and all they basically did each time was a state inspection and oil change. This recent visit they gave me a choice and I went with a more thorough servicing, something lik...
by AAA
Tue Mar 10, 2020 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Have to file amended return?
Replies: 1
Views: 152

Have to file amended return?

So I just mailed off my taxes last week and today I get an email from a brokerage that there is an amended 1099-R available for the RMD I took last year. None of the numbers have changed. The only change is that Box 2B, Total Distribution, previously had an X in it and now does not. Is that somethin...
by AAA
Mon Mar 09, 2020 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Should federal tax return forms be stapled to each other? Or not?
Replies: 47
Views: 4200

Re: Should federal tax return forms be stapled to each other? Or not?

The instructions for the 1040-V payment voucher specifically say to leave it and the payment loose in the envelope. Do the 1040 instructions anywhere specifically say to leave it and the associated forms loose?
by AAA
Sun Mar 08, 2020 9:15 am
Forum: Personal Consumer Issues
Topic: Question on Turbotax Question
Replies: 5
Views: 598

Re: Question on Turbotax Question

I would think it's asking if you "stopped when 2019 came" to know whether to continue the interview to input your contracting income in 2019. I don't know why it would care to know the other alternative - that you worked as a contractor in 2019 and then stopped - as that would not affect how your 20...
by AAA
Fri Feb 28, 2020 4:15 pm
Forum: Personal Consumer Issues
Topic: Compatibility of Catalina with Microsoft Office 2011
Replies: 7
Views: 454

Re: Compatibility of Catalina with Microsoft Office 2011

As security issues are a concern for you, are you aware that Microsoft is no longer providing updates for Office for Mac 2011? As a result, I recently uninstalled it and have been using Apple's Pages and Numbers for my relatively light document and spreadsheet needs. I also use the free Libre Office...
by AAA
Wed Feb 26, 2020 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Earned Income Credit
Replies: 8
Views: 684

Re: Earned Income Credit

IRS Pub 970 covers Tax Benefits for Education. It explains Scholarships, Fellowship Grants, etc., and how to file it. Of course it doesn't explain how to enter in H & R Block tax software. I just checked the 1040 that the Block program produced and it did write SCH and the amount on the scholarship...
by AAA
Tue Feb 25, 2020 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Earned Income Credit
Replies: 8
Views: 684

Re: Earned Income Credit

The stipend used for living expenses, if that means nontaxable scholarship, is reported on line 1, wages, with SCH notation on the line to the left. If using commercial tax SW , it takes some fishing to find the screen to enter this. For my son using TurboTax, it was under credits and deductions, I...
by AAA
Tue Feb 25, 2020 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Earned Income Credit
Replies: 8
Views: 684

Re: Earned Income Credit

Let me see if I have parsed this right. He received $20k, $9k treated as wages and $11k treated as scholarship income. Did the $11k scholarship income cover tuition, or living expenses? He got the $11k stipend plus a tuition scholarship so the stipend was used for living expenses. If tuition, it's ...
by AAA
Tue Feb 25, 2020 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Earned Income Credit
Replies: 8
Views: 684

Re: Earned Income Credit

Did he get a 1098T? Are you saying 2018 he made 20k which was reported in Box 1, and in 2019 something changed about the way he was paid/funded? I don't believe there was a 1098-T as the school covers his tuition. Usually he teaches for this support, and the full amount of what they pay him is ente...
by AAA
Tue Feb 25, 2020 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Earned Income Credit
Replies: 8
Views: 684

Earned Income Credit

I'm helping a graduate student with his income taxes. He typically has had teaching assistantships for which his W-2 showed a Box 1 amount of about $20,000. Last year he had a fellowship of about $11,000 for one term - no teaching duties - and his 2019 W-2 Box 1 amount was about $9,000, so it wasn't...
by AAA
Mon Feb 24, 2020 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Pennsylvania - question about credit for tax paid to another state
Replies: 7
Views: 482

Re: Pennsylvania - question about credit for tax paid to another state

ivk5 wrote: Sun Feb 23, 2020 3:07 pm Isn’t it moot anyway, since NYS tax alone surely exceeds PA tax on same income?
Actually, you are correct. It's the same income that is used for NYS and NYC so if I redo Schedule G just claiming credit for NYS taxes paid, there is still no PA tax due.
by AAA
Mon Feb 24, 2020 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Pennsylvania - question about credit for tax paid to another state
Replies: 7
Views: 482

Re: Pennsylvania - question about credit for tax paid to another state

NY City income tax only applies to a NY State statutory resident if the individual is also a NY City statutory resident. A NY statutory resident pays tax to NY on all income from all sources, but PA will likely only allow a credit (up to the amount of PA tax) on earnings in NY or income derived fro...
by AAA
Mon Feb 24, 2020 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Pennsylvania - question about credit for tax paid to another state
Replies: 7
Views: 482

Re: Pennsylvania - question about credit for tax paid to another state

No first hand experience. But I took a look out of curiosity- it seems the instructions explicitly say “PA income tax law does not allow a resident credit for taxes paid to political subdivisions of other states“ so I would think that answers it. Isn’t it moot anyway, since NYS tax alone surely exc...
by AAA
Sun Feb 23, 2020 12:04 pm
Forum: Personal Consumer Issues
Topic: Do You Avoid Advertisements & Commercials?
Replies: 84
Views: 4865

Re: Do You Avoid Advertisements & Commercials?

except for Yankees games, I pretty much exclusively watch DVR, saves me 15 minutes per hour of TV watching plus avoids an unnecessary wanting to spend money on something I may see. Just curious, why not also baseball games to skip through the commercials between innings, the relief pitcher warming ...
by AAA
Sun Feb 23, 2020 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Pennsylvania - question about credit for tax paid to another state
Replies: 7
Views: 482

Pennsylvania - question about credit for tax paid to another state

A PA resident has earnings from work in New York City. The person is considered a statutory resident of NY state for tax purposes while maintaining a domicile in PA (in NY for school). The NY state form also calculates the tax due for NYC and the sum of the two is the tax due on the return. When doi...
by AAA
Fri Feb 21, 2020 9:46 pm
Forum: Personal Consumer Issues
Topic: Do You Avoid Advertisements & Commercials?
Replies: 84
Views: 4865

Re: Do You Avoid Advertisements & Commercials?

except for Yankees games, I pretty much exclusively watch DVR, saves me 15 minutes per hour of TV watching plus avoids an unnecessary wanting to spend money on something I may see. Just curious, why not also baseball games to skip through the commercials between innings, the relief pitcher warming ...
by AAA
Thu Feb 20, 2020 6:55 pm
Forum: Personal Investments
Topic: Everything in Vanguard
Replies: 26
Views: 3223

Re: Everything in Vanguard

In other words, print off a statement once in a while to prove your assets to Vanguard/Government in case the sky fell. I've wondered about the value of doing this (other than for one's own informational purposes). Do you really think that if you presented Vanguard with a printout they would just a...
by AAA
Mon Feb 10, 2020 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: missing tax docs questions
Replies: 17
Views: 1464

Re: missing tax docs questions

I'd wait a few days before assuming the W-2 is missing. We're waiting on one ourselves. The employer says they have to be sent out by January 31 and to give it a couple of weeks.
by AAA
Sun Feb 09, 2020 9:30 am
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

It would seem from this that if a company follows good practices for setting up their password database it would be extremely difficult if not impossible for a hacker to make any use of it.
by AAA
Sat Feb 08, 2020 6:17 pm
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

I have found this thread very useful and I have a question - if a hacker steals the password database of a company, it appears that what they get is a collection of encrypted passwords (provided the company was not foolish enough to just store the passwords unencrypted). And then what I understand h...
by AAA
Wed Feb 05, 2020 7:59 pm
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

This thread has got me reading a lot of articles on password security. There seems to be somewhat contradictory advice, maybe because some of the articles are out of date. For instance, while some articles recommend it, it's apparently now a bad idea to substitute symbols in common words, e.g., hou$...
by AAA
Tue Feb 04, 2020 2:33 pm
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

AFAIK "encrypted flash drives" are a bit of a gloss over what's really happening (a drive w/ some small, probably un-audited, poorly implemented encryption software, hiding an encrypted partition) - I imagine an attacker would just image the flash drive, then mount a brute force against the image (...
by AAA
Tue Feb 04, 2020 2:12 pm
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

A lot of this discussion has to do with the consequences of a hashed database getting stolen. In that case, it's my understanding that the hacker has a list of encrypted passwords that he tries to match with his guesses. What about the case where you have an encrypted flash drive that requires a pas...
by AAA
Tue Feb 04, 2020 11:41 am
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

Even better is to pad with something meaningful to you but unlikely gibberish to a cracking program. So in keeping with yesterday's super bowl, let's say you're a big fan of the Chiefs. One very solid variation would be: Ikcccankccrememberkccthiskccpassword I simply replaced the (implied) spaces wi...
by AAA
Mon Feb 03, 2020 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Lifetime Learning tax credit
Replies: 9
Views: 742

Re: Lifetime Learning tax credit

Thanks for the quick reply. I just want to make absolutely sure I understand this. If a parent paid qualifying expenses directly to the school for a child not claimed as a dependent on the parent's return (and in fact not qualified to be a dependent) then that child can claim the LL credit on their...
by AAA
Mon Feb 03, 2020 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Lifetime Learning tax credit
Replies: 9
Views: 742

Re: Lifetime Learning tax credit

It doesn't matter. Even if paid directly to the educational institution, expenses paid by someone else are treated as if they were paid by the student. Thanks for the quick reply. I just want to make absolutely sure I understand this. If a parent paid qualifying expenses directly to the school for ...
by AAA
Mon Feb 03, 2020 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Lifetime Learning tax credit
Replies: 9
Views: 742

Lifetime Learning tax credit

Just wanted to understand how this works and how one can legally qualify for this credit. So it appears that if you are not someone else's dependent you may claim the credit for qualified expenses you paid for yourself, your spouse or your dependent. A couple of scenarios: 1. Non-dependent child pai...
by AAA
Mon Feb 03, 2020 12:35 pm
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

kevinf wrote: Mon Feb 03, 2020 12:23 pmand not anything that uses "password" anywhere.
I guess that advice would apply to pa$$w0rd also.
by AAA
Mon Feb 03, 2020 12:09 pm
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

No, you attack the low hanging fruit first, then move on to supersets. It's quick to just blow through dictionary attacks, rainbow tables, and brute force standard character sets. Using my above example, how about something like this: Icanrememberthispassword.!!!!!!!!!!!!!!!!!!!! (trying to combine...
by AAA
Mon Feb 03, 2020 10:06 am
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

The 1st is definitely better. While both are lengthy, which is good, the 1st has a much larger character set and more possible combinations. Also, you should not use words found in dictionaries whether English, Spanish, French, any words not just English words. As I mentioned, I know that the first...
by AAA
Mon Feb 03, 2020 8:18 am
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

I have a general question about passwords. To my understanding, password length is the most important factor but of course many sites require you to use a combination of lower and upper case, numbers and symbols. Why is that so? As a hacker doesn't know beforehand that you are only using letters, he...
by AAA
Sat Feb 01, 2020 8:55 pm
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

What is a big no no, however, is bypassing the router entirely and connecting directly into the cable-modem. For the sake of the uninitiated - can you expound on this? In particular I have a Fios box, which I assume is the cable modem, but it also provides WiFi (which is what I thought a router doe...
by AAA
Sat Feb 01, 2020 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Out of state Tax confusion
Replies: 12
Views: 1030

Re: Out of state Tax confusion

Residency is a tricky issue.I know of a case where the person's original state still considers him to be a resident of that state (because he is in the other state to attend school) but he works in that other state and after one year there the other state considers him a resident for tax purposes.
by AAA
Sat Feb 01, 2020 8:34 am
Forum: Personal Finance (Not Investing)
Topic: Out of state Tax confusion
Replies: 12
Views: 1030

Re: Out of state Tax confusion

You will need to do some research to determine how to do this or you can use tax software to do it for you. My experience, admittedly from a few years ago, is that the typical consumer tax programs are not at their best with multi-state situations. Maybe they've improved over time and someone who h...
by AAA
Fri Jan 31, 2020 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Transferring securities to a brokerage firm
Replies: 15
Views: 740

Re: Transferring securities to a brokerage firm

Personally I would think that they are being too nosy and if they don't accept a redacted statement I would just take my business elsewhere. I don't know what reason you have for wanting to transfer fund shares to Chase, but I guess it will come down to how important that reason is vs. your desire t...
by AAA
Fri Jan 31, 2020 10:40 am
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

Are you referring to gmail? Doesn't Google scan emails? Of course, but that is (ostensibly) via an automated algorithm to target ads. That's a different (yet valid) concern then security against outside attackers. But a mechanism for scanning your emails could morph into a security issue if there a...
by AAA
Fri Jan 31, 2020 9:15 am
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

I'm not the biggest fan of Google, but they have arguably the best cyber security team on the planet, and they spend hundreds of millions on security improvements every year. There's no way ProtonMail, FastMail, Verizon, Comcast, or Joe's Email House can possibly compete with that. Are you referrin...
by AAA
Thu Jan 30, 2020 10:57 am
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

Did you mean Microsoft 2010 Word and Excel? Is Microsoft continuing to do security updates for this version? If not, I would delete them. I'm not the OP but, yes, Microsoft still does updates for Office 2010: https://docs.microsoft.com/en-us/officeupdates/office-updates-msi . Then again, its End Of...
by AAA
Thu Jan 30, 2020 8:58 am
Forum: Personal Consumer Issues
Topic: Cybersecurity and passwords
Replies: 167
Views: 12546

Re: Cybersecurity and passwords

I assume the longer the better, but what is a reasonable minimum number of characters for a secure password (provided it uses sufficiently random characters)?
by AAA
Wed Jan 29, 2020 9:48 am
Forum: Forum Issues and Administration
Topic: Cancel out of "Post Reply"
Replies: 3
Views: 631

Cancel out of "Post Reply"

The options are Save draft, Preview and Submit. Is there a way to simply cancel out of a reply in case you change your mind and decide not to post?
by AAA
Wed Jan 29, 2020 7:42 am
Forum: Personal Consumer Issues
Topic: Tipping advice
Replies: 40
Views: 3456

Re: Tipping advice

delete
by AAA
Wed Jan 29, 2020 7:42 am
Forum: Personal Consumer Issues
Topic: Tipping advice
Replies: 40
Views: 3456

Re: Tipping advice

delete