Personal Finance (Not Investing) • Best way to keep money in a main checking...
I can’t imagine waiting for a 30 day paper statement to come in the mail to make sure everything is kosher.Statistics: Posted by JBTX — Thu Feb 22, 2024 3:37 pm — Replies 35 — Views 968
View ArticlePersonal Investments • Using withholding on Roth conversion instead of...
See footnote 2 of the IRS rollover chart which seems to say it applies to rollovers from traditional to Roth.When I look at tIRA to Roth I only see footnote 3?Looking again, you're right. I must have...
View ArticlePersonal Consumer Issues • What inferior good do you love?
The talk above about Olive Garden reminded me about Fazoli's. I think they're pretty good for an inferior product. They also come around with breadsticks. Too bad they have closed so many around the...
View ArticlePersonal Finance (Not Investing) • Tax Form 1116 rejected by IRS
Schwab 1099 Supplement form shows Foreign Tax Paid and Dividends Amount, WF Supplement does not show dividends amount for foreign-only income so I have to calculate it manually by going line by line...
View ArticleInvesting - Theory, News & General • International (Non-US) versus US...
I sold all my international holdings and started investing only in US equities (VTI and QQQ) following the March 2020 crash - best decision I have made and more importantly, something that I am more...
View ArticlePersonal Finance (Not Investing) • Cost basis
Thanks!Statistics: Posted by rockylou — Thu Feb 22, 2024 3:42 pm — Replies 4 — Views 134
View ArticlePersonal Consumer Issues • HVAC Replacement - Connecticut - Trane + thermo...
What I am looking for today is to get a XR13 (basic single stage A/C) + Thermo Pride Oil furnace and move on.I welcome boglehead members who have installed XR13 or/and Thermo Pride oil furnace in the...
View ArticlePersonal Finance (Not Investing) • Underpayment Penalties IRA to ROTH Conversion
Federal taxes are pay as you go. If you do a taxable ROTH conversion of 140k in the first quarter of this year, I assume that this means that you must also pay the taxes due on that conversion in the...
View ArticlePersonal Finance (Not Investing) • Debit card vs. credit card at the ATM
The two cards have the same PIN. In retrospect, that was a mistake, and I should change one of them. I didn't think about it because I don't ever remember using the PIN on a credit card.I accidently...
View ArticlePersonal Consumer Issues • Vanguard: how to see year end info for each...
All of our Vanguard accounts - taxable & IRA - are in brokerage accounts. [...] But good grief, how difficult would it be for Vanguard to display not only each month's activity, but the sun of...
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Personal Finance (Not Investing) • When to draw pension?
Currently my spouse and I are 50, and plan to retire at 58 together. (Due to medical issues and just the desire to be done) We have adequate non- retirement savings to pay all our expenses for 18...
View ArticlePersonal Investments • Planning for RMDs
Depending on your age and situation, it might be more advantageous to do a ROTH conversion instead of just pulling the money out of the IRA. If you won't need the money for at least five years and you...
View ArticleForum Issues and Administration • Line16 & Line17 from Form 8606
In FY2023, did a backdoor Roth and Roth conversion.FreeTax USA shows unfamiliar numbers on Form 8606.I don't know where the *Line16 and *Line17 numbers are coming from.Also Publication 590-B Worksheet...
View ArticlePersonal Investments • IRMAA help
I truly appreciate all the input Advice given me. Thank you.Statistics: Posted by Ninja — Fri Feb 23, 2024 3:51 pm — Replies 7 — Views 391
View ArticlePersonal Investments • Investment Strategy when approaching Retirement.
With a 4% SWR and paying 1.6%, you are giving away 40%.It’s critical in my opinion for the OP to understand this and to figure out how to articulate it to their spouse. 1.6% might seem small, but it...
View ArticleUS Chapters • Post your Financial Milestone Announcements Here
One fourth of my way to the two comma club. Feels Great!Half way to the two comma club, yayMeYou're making good progress. Hitting the two comma club could come earlier than you...
View ArticlePersonal Investments • 401K Fund Selection
For Wife account, those are some of the best low cost options I've ever seen. You could go target date fund, Global stock + aggregate bonds, or S&P500, EAFE and Aggregate bonds. For you, target...
View ArticlePersonal Consumer Issues • Advice for buying a car in 2024
Seemingly every other car where I live is a Land Rover or Range Rover, which also makes me feel they cannot be total junk. If I bought a used one, it would have <20,000 miles and ideally CPO, so...
View ArticlePersonal Finance (Not Investing) • FreeTaxUSA does not support Form 1116,...
As has been mentioned in some message threads in the past here at Bogleheads.org, FreeTaxUSA STILL does not support Schedule B of Form 1116 (Foreign Tax Carryover Reconciliation Schedule). This form...
View ArticlePersonal Investments • Meeting with "fiduciary" CFP results
There can be more than one acceptable answer. There is no optimal answer. Tax laws change, economic cycles happen, wars disrupt economies and lives. Perhaps he was not aware of your realized gains in...
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