Search found 373 matches

by tommy85
Sun Mar 17, 2024 1:06 pm
Forum: Investing - Theory, News & General
Topic: Do I need to amend my tax return if I entered a date wrong.
Replies: 4
Views: 860

Re: Do I need to amend my tax return if I entered a date wrong.

RyeBourbon wrote: Sun Mar 17, 2024 12:05 pm Does it change your tax liability? If not, I wouldn't worry about it.
It doesn’t change tax liability but worried if they cross check the vehicle to check eligibility for tax credit and it does not match, IRS would say I don’t have a qualifying vehicle.
by tommy85
Sun Mar 17, 2024 8:46 am
Forum: Investing - Theory, News & General
Topic: Do I need to amend my tax return if I entered a date wrong.
Replies: 4
Views: 860

Do I need to amend my tax return if I entered a date wrong.

I entered the date wrong for clean vehicle placed in service. Instead of 10 for month, I mistyped 01. Do I need to amend my return. I am getting $7500 tax credit for the EV. Thanks.
by tommy85
Thu Feb 29, 2024 11:38 am
Forum: Investing - Theory, News & General
Topic: Consolidating 529 accounts, how to?
Replies: 4
Views: 526

Re: Consolidating 529 accounts, how to?

martincmartin wrote: Thu Feb 29, 2024 11:06 am Try contacting Fidelity and ask them?
I did. They just said I can only do one rollover in a 12 month period.
by tommy85
Thu Feb 29, 2024 11:12 am
Forum: Investing - Theory, News & General
Topic: Consolidating 529 accounts, how to?
Replies: 4
Views: 526

Re: Consolidating 529 accounts, how to?

Darth Xanadu wrote: Thu Feb 29, 2024 11:11 am
tommy85 wrote: Thu Feb 29, 2024 9:03 am I have two 529 accounts with myself as beneficiary for both. One is at Vanguard and other at my state 529 account. I want to consolidate to fidelity. I read about the 12 month rule but also read that if I change the beneficiary, I could work around the limit. Could somebody walk me through how to do this.

Thanks in advance!
I'm not sure but something to keep in mind is that some states have a tax recapture provision if you transfer out of their 529.
Yes, thanks for bringing this up. I have looked into it and my state does not recapture tax deduction.
by tommy85
Thu Feb 29, 2024 9:03 am
Forum: Investing - Theory, News & General
Topic: Consolidating 529 accounts, how to?
Replies: 4
Views: 526

Consolidating 529 accounts, how to?

I have two 529 accounts with myself as beneficiary for both. One is at Vanguard and other at my state 529 account. I want to consolidate to fidelity. I read about the 12 month rule but also read that if I change the beneficiary, I could work around the limit. Could somebody walk me through how to do this.

Thanks in advance!
by tommy85
Fri Jan 05, 2024 8:21 am
Forum: Personal Finance (Not Investing)
Topic: TIME = MONEY: strategies to **SAVE TIME** (even if it costs $)
Replies: 51
Views: 7802

Re: TIME = MONEY: strategies to **SAVE TIME** (even if it costs $)

Paid version of ChatGPT to compose my emails(I do a lot of it and takes substantial time for me since I am always concerned about the tone, grammar etc) and for quick research on a topic I want to know basics of e.g. something happening in news etc.
by tommy85
Thu Dec 28, 2023 2:53 am
Forum: Personal Finance (Not Investing)
Topic: Should I and how to confront a boss who may be undermining my efforts at work?
Replies: 19
Views: 2295

Should I and how to confront a boss who may be undermining my efforts at work?

There are rumors that my boss may be undermining my efforts at work. I don’t know this for sure or what their side of the story is. I would like to know if this is true. I am tempted to approach this issue head on and ask if the rumors are true. Of course I will be professional, level headed and ask if it’s true and what the purpose is. It’s important for me to know since if it is true, I don’t think I should stay at the job. It doesn’t make sense to put efforts into something that is not valued and even worse undone by boss. I know there are very wise folks here, any advice is highly appreciated.
by tommy85
Tue Dec 26, 2023 7:34 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax 2023 offer
Replies: 282
Views: 51735

Re: TurboTax 2023 offer

BobTexas wrote: Tue Dec 26, 2023 6:59 am
A440 wrote: Tue Dec 26, 2023 5:48 am This is the best deal I found for the download version on Amazon today. No $10 gift card like last year. https://www.amazon.com/TurboTax-Softwar ... f9840&th=1
I think a better price is coming in the next few days. I wouldn’t buy at that price. Last year I got the good price on Dec 28th
Agree. According to Slickdeals, it was $46 a month ago for deluxe federal + state download with $10 Amazon gift card. I think we will see better deal.
by tommy85
Fri Dec 01, 2023 6:07 am
Forum: Personal Consumer Issues
Topic: Did Jason Zweig stop writing for WSJ?
Replies: 12
Views: 4621

Re: Did Jason Zweig stop writing for WSJ?

Hope all is well with him. I do see he is back now after a 6 month break. I always enjoy his writings.
by tommy85
Thu Nov 30, 2023 10:14 pm
Forum: Personal Consumer Issues
Topic: Did Jason Zweig stop writing for WSJ?
Replies: 12
Views: 4621

Did Jason Zweig stop writing for WSJ?

I have not seen the Intelligent Investor articles from Jason Zweig in a while. Did he stop writing the column for WSJ?
by tommy85
Sat Nov 04, 2023 1:06 pm
Forum: Personal Consumer Issues
Topic: My $58 coffee bean burr grinder burned out. Need a new one. Suggestions??
Replies: 58
Views: 4599

Re: My $58 coffee bean burr grinder burned out. Need a new one. Suggestions??

2nd baratza. They are hilt to be fixed so next time it breaks you can either DIY or send it to them and they will fix for nominal price. The customer service is very helpful if you decide to DIY. They even sent the parts for free to me recently.
by tommy85
Sun Oct 29, 2023 10:39 am
Forum: Personal Consumer Issues
Topic: Car totaled - Need new car suggestions!
Replies: 95
Views: 10149

Re: Car totaled - Need new car suggestions!

Bought a model Y 3 weeks ago. Did a 700 mile road trip in the southeast. We did not feel EV slowed us down much. We do have an infant, so needed to make frequent stops anyways. The supercharger network is amazing and the car charges fairly fast. Most of our stops were 20-30 mins just enough time to use bathroom and change diaper and stretch the legs..
by tommy85
Wed Oct 04, 2023 6:51 am
Forum: Personal Consumer Issues
Topic: Considering Tesla model y long range, what do I need to know?
Replies: 141
Views: 20375

Re: Considering Tesla model y long range, what do I need to know?

I am considering buying model y before the end of the year. I will not qualify for $7500 tax credit next year as my income has gone up unless they raise the income bracket which I don’t think will happen. I test drove Kia ev6 and didn’t like the interior. Any advice from existing model y owners regarding the buying process or anything I should know before buying. I have seen some new inventory cars that were discounted by around 5k but they seek fast and keep an eye on local inventory. I am set on buying an EV, will charge at home and mainly use it for daily commute to work. 2nd car is ICE. Thanks in advance You might wait and see what they do with the tax credit dealer transfer guidance if you don't want to lease. In 2024, dealers will be...
by tommy85
Mon Oct 02, 2023 11:06 pm
Forum: Personal Consumer Issues
Topic: Considering Tesla model y long range, what do I need to know?
Replies: 141
Views: 20375

Re: Considering Tesla model y long range, what do I need to know?

After recommendation from several here, I test drove Kia EV6. Preferred Tesla’s minimalist UI than traditional knobs of EV6. Also disliked the haggling and tricks the Kia sales person tried to play on me to sell the car. No haggling, less stressful buying experience of Tesla seems more appealing.
by tommy85
Mon Oct 02, 2023 10:57 pm
Forum: Personal Consumer Issues
Topic: Considering Tesla model y long range, what do I need to know?
Replies: 141
Views: 20375

Re: Considering Tesla model y long range, what do I need to know?

H-Town wrote: Mon Oct 02, 2023 4:38 pm
tommy85 wrote: Sun Oct 01, 2023 8:47 am I am considering buying model y before the end of the year. I will not qualify for $7500 tax credit next year as my income has gone up unless they raise the income bracket which I don’t think will happen. I test drove Kia ev6 and didn’t like the interior. Any advice from existing model y owners regarding the buying process or anything I should know before buying. I have seen some new inventory cars that were discounted by around 5k but they seek fast and keep an eye on local inventory.

I am set on buying an EV, will charge at home and mainly use it for daily commute to work. 2nd car is ICE.

Thanks in advance
What's wrong with the current ICE car?
MIL needs a car soon, so planning to give it away to her.
by tommy85
Mon Oct 02, 2023 7:09 am
Forum: Personal Consumer Issues
Topic: Considering Tesla model y long range, what do I need to know?
Replies: 141
Views: 20375

Re: Considering Tesla model y long range, what do I need to know?

RobLyons wrote: Mon Oct 02, 2023 5:59 am I just want to mention the Mercedes EQB300 has a much shorter range - 243 miles and is a slug (7 second 0-60). The EQB350 is quicker with a 6 sec 0-60 but worse range (227) ! In comparison, the model Y long range has 330 miles of range and 0-60 in 4.8 seconds, which helps a lot with highway merging, etc.
This was one of the reasons for preferring Tesla over others. Except Hyundai Ionia and Kia EV6, all others have significantly lower range. Other reasons were:
1. Unknown reliability of competitors
2 Tesla and ID.4 are the only once that directly qualify for tax credit, with others you have to do lease buy out.
by tommy85
Sun Oct 01, 2023 8:51 pm
Forum: Personal Consumer Issues
Topic: Considering Tesla model y long range, what do I need to know?
Replies: 141
Views: 20375

Re: Considering Tesla model y long range, what do I need to know?

Thank you everybody! All good advice! I will test drive some other competitors.
by tommy85
Sun Oct 01, 2023 8:47 am
Forum: Personal Consumer Issues
Topic: Considering Tesla model y long range, what do I need to know?
Replies: 141
Views: 20375

Considering Tesla model y long range, what do I need to know?

I am considering buying model y before the end of the year. I will not qualify for $7500 tax credit next year as my income has gone up unless they raise the income bracket which I don’t think will happen. I test drove Kia ev6 and didn’t like the interior. Any advice from existing model y owners regarding the buying process or anything I should know before buying. I have seen some new inventory cars that were discounted by around 5k but they seek fast and keep an eye on local inventory.

I am set on buying an EV, will charge at home and mainly use it for daily commute to work. 2nd car is ICE.

Thanks in advance
by tommy85
Wed Sep 20, 2023 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard - locked out [Resolved]
Replies: 20
Views: 3476

Re: Vanguard - locked out

DW got locked out too when she did not log in for long enough and Vanguard updated the 2 factor authentication for yubikey to include an extra pin. We called them several times and sent the notarized security removal form and nothing worked. We also did not have her account number. Finally, we asked them to snail mail the most recent statement which they did and first thing I did after getting that mail is move the accounts to Schwab. All the details we needed to provide for the transfer was in the statement like estimated account balance, funds etc. Hope you can also get your money out from Vanguard and at least have access to your money.
by tommy85
Thu Sep 07, 2023 6:58 am
Forum: Personal Finance (Not Investing)
Topic: 529 rollovers, is my understanding correct?
Replies: 3
Views: 624

Re: 529 rollovers, is my understanding correct?

Good point, thank you!

Looks like the gift tax exclusion limit for 2023 is $17,000. So if I rollover less than that, I will not need to keep track of it on my taxes, correct?
by tommy85
Wed Sep 06, 2023 10:58 am
Forum: Personal Finance (Not Investing)
Topic: 529 rollovers, is my understanding correct?
Replies: 3
Views: 624

529 rollovers, is my understanding correct?

Hello, Could somebody please confirm if my understanding on rolling over 529 accounts is correct. I get state tax deduction for contributions to our state's 529 account for contributions up to $20,000. Our state income tax is 5%, so that is a $1000 tax savings per year. However, we do not have good funds available and have high expense ratio. So last year, I contributed to our state plan and then I rolled over my account to Vanguard's 529 account. We do not have tax deduction claw back. So essentially it is a "backdoor" maneuver that saves $1000 in taxes. However since then I have had issues with Vanguard's customer service and trying to move my accounts out from Vanguard. Since my last rollover was with in last 12 months, I under...
by tommy85
Fri Sep 01, 2023 9:32 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 5250
Views: 906742

Re: What are you up YTD? [Year To Date]

YTD: 23.17%(includes contributions)
AA: approx. 80/20.
by tommy85
Mon Aug 28, 2023 7:04 pm
Forum: Personal Consumer Issues
Topic: Best mosquito repellents
Replies: 61
Views: 4952

Re: Best mosquito repellents

A fan!
by tommy85
Sun Aug 20, 2023 2:54 pm
Forum: Personal Investments
Topic: Selling in Schwab MF individual lots
Replies: 18
Views: 1020

Re: Selling in Schwab MF individual lots

increment wrote: Sun Aug 20, 2023 1:53 pm
tommy85 wrote: Sun Aug 20, 2023 1:51 pm I read if you have not sold ever, they can change it retroactively as well.
Have you read this in the case of "they" = "Schwab"? As far as I know, Schwab declines to change it retrospectively. They apply the choice to future purchases only.
Yes, “they” is “Schwab”. I read it on the forum here and called and asked their cost basis team and the representative looked into it and said it appears my account qualifies for retroactively changing cost basis and asked to submit a request in writing which I have done and waiting for them to process. I was told it may take a week and I am still with in the time frame.

viewtopic.php?t=391641
by tommy85
Sun Aug 20, 2023 1:51 pm
Forum: Personal Investments
Topic: Selling in Schwab MF individual lots
Replies: 18
Views: 1020

Re: Selling in Schwab MF individual lots

I am in the process of changing my cost basis. I read if you have not sold ever, they can change it retroactively as well. I submitted a letter requesting that but it has not happened yet. Fingers crossed 🤞🏾
by tommy85
Sun Aug 20, 2023 9:47 am
Forum: Personal Consumer Issues
Topic: Upcoming international travel with an infant, any advice?
Replies: 46
Views: 3634

Re: Upcoming international travel with an infant, any advice?

Thank you! I understand medical advice is not allowed and I am not seeking for one. I am asking more about logistics like getting bassinet, stroller, car seat, class of ticket etc. I am sure there are many here that have experience and are very smart people and just trying to get some advice from them.
by tommy85
Sun Aug 20, 2023 6:11 am
Forum: Personal Consumer Issues
Topic: Upcoming international travel with an infant, any advice?
Replies: 46
Views: 3634

Re: Upcoming international travel with an infant, any advice?

tibbitts wrote: Sun Aug 20, 2023 12:10 am It must be obvious since nobody has asked, but why do you want to fly internationally with an 8-month-old?
Visiting family
by tommy85
Sat Aug 19, 2023 4:16 pm
Forum: Personal Consumer Issues
Topic: Upcoming international travel with an infant, any advice?
Replies: 46
Views: 3634

Re: Upcoming international travel with an infant, any advice?

Any advice on 3 economy seats vs 2 business seats with infant sharing seat with one of the parents. DW is petite:)
by tommy85
Sat Aug 19, 2023 4:06 pm
Forum: Personal Consumer Issues
Topic: Upcoming international travel with an infant, any advice?
Replies: 46
Views: 3634

Re: Upcoming international travel with an infant, any advice?

halfnine wrote: Sat Aug 19, 2023 3:46 pm
stan1 wrote: Sat Aug 19, 2023 3:29 pm You might want to try to reserve coach bulkhead seats with an attached bassinet.
Only offered by certain airlines on certain planes.
This.

And additionally for the OP there is an incredibly thorough article on flying with children here.
Thanks!
by tommy85
Sat Aug 19, 2023 3:32 pm
Forum: Personal Consumer Issues
Topic: Upcoming international travel with an infant, any advice?
Replies: 46
Views: 3634

Re: Upcoming international travel with an infant, any advice?

runningshoes wrote: Sat Aug 19, 2023 3:30 pm Not sure of your routing and carrier, but Premium Economy is a good investment for longer flights. Not Economy plus with a few more inches of space but rather a dedicated area in the plane with larger seats and some recline to help rest. You also didn't mention if you were buying a seat for the infant, but I assume the answer is yes. If not, it should be.

When we flew on long flights with the boys, we always got new toys/stuff so they were occupied and not bored with their regular items. [Medical advice removed by admin LadyGeek]
I was thinking about buying him a separate seat. I don't think holding him in lap for 24 hours would be very comfortable..
by tommy85
Sat Aug 19, 2023 3:18 pm
Forum: Personal Consumer Issues
Topic: Upcoming international travel with an infant, any advice?
Replies: 46
Views: 3634

Upcoming international travel with an infant, any advice?

We are planning an international trip to Asia early next year and this will be our first time flying with our little one. He will be around 8 months. So far we have flown economy, will upgrading to business class be worth it with the infant? We can afford business class ticket but the boglehead in me is finding it hard to imagine spending 6-8K per person per ticket. Any other advice that would make the travel with the infant more comfortable?

Thanks in advance
by tommy85
Tue Aug 15, 2023 8:20 pm
Forum: Personal Consumer Issues
Topic: 3 Day Trip - New Orleans
Replies: 43
Views: 3492

Re: 3 Day Trip - New Orleans

Definitely try chargrilled oysters. ACME in French quarters and Dragos in Metairie are good options. Commanders Palace is excellent upscale restaurant, best restaurant I have been to for what it’s worth. They have $0.50 martini Thursdays and Fridays for lunch I believe. Heard Shaya in Garden district to be good but haven’t been there yet. Agree with muffaletta, Central Grocery was closed for a while, not sure they are open now but Verti Marte on Royal St is good.
by tommy85
Wed May 17, 2023 6:18 am
Forum: Personal Finance (Not Investing)
Topic: Significant Hail Damage (Auto)
Replies: 11
Views: 1307

Re: Significant Hail Damage (Auto)

I am going through this now. I suspect they will total the car and offer you actual cash value. The extent of damage you are describing will easily cost more than what you paid for the car. You can however keep the car, they will minus the salvage value from actual cash value and give you the rest which is what decided to do. They will likely low ball you initially. Make sure they use the correct trim for comparison cars and also do your research and see what comparable cars are selling around you. Keep in mind they pay you actual cash value which is listed sale price minus dealer profit, mark up etc.
by tommy85
Mon May 15, 2023 10:20 pm
Forum: Personal Consumer Issues
Topic: Considering buying 2023 Honda Odyssey Touring, any advice?
Replies: 13
Views: 1768

Re: Considering buying 2023 Honda Odyssey Touring, any advice?

fundseeker wrote: Sat May 13, 2023 11:36 am Tommy85, You may find information in this thread helpful, especially about buying (if you’re so inclined) the Hondacare extended warranty online, and not until just before your factory warranties ends.

viewtopic.php?t=404002
Thanks! Appreciate it.

Tom
by tommy85
Sun May 14, 2023 10:21 pm
Forum: Personal Investments
Topic: Locked out for months and Support claims no human can override system [Vanguard]
Replies: 66
Views: 9122

Re: Locked out for months and Support claims no human can override system [Vanguard]

I suspect this is just another case of an OP not realizing they aren’t giving us the correct info: I called Vanguard Support. Several times now. The only number is a call center (the voices and phones are loud in the background). After all the time-wasting of trying different browsers and deleting cookies (which I had already done but did again because Support can only read through their cue cards), I was repeatedly told that the system had locked me out (obviously) and no human being can override the system (just as obviously, untrue). I asked to be transferred to a supervisor but was told none were available . . . I’ve never had a noisy background when talking to Vanguard. I’ve only been locked out when I messed up my password 3 times wh...
by tommy85
Sun May 14, 2023 10:19 pm
Forum: Personal Investments
Topic: Locked out for months and Support claims no human can override system [Vanguard]
Replies: 66
Views: 9122

Re: Locked out for months and Support claims no human can override system [Vanguard]

I recently transferred our accounts to Schwab after DW got her account locked and Vanguard customer care couldn’t help us. I did in kind transfer from Schwab side. They needed the Vanguard account number which I did not have, so called Vanguard customer care to mail me my last statement to my home address. Moved all the money out of Vanguard without any issue. Vanguard mailed me a letter few days later saying they closed the accounts.
by tommy85
Fri May 12, 2023 5:33 pm
Forum: Personal Consumer Issues
Topic: Considering buying 2023 Honda Odyssey Touring, any advice?
Replies: 13
Views: 1768

Considering buying 2023 Honda Odyssey Touring, any advice?

Dear friends,

I am considering buying a minivan and have narrowed down to Honda Odyssey. Toyota Siennas are hard to find and are selling above MRSP and I am not wiling to pay above MSRP. I am not considering Pacifica as I am not confident of Chrysler's reliability. Odyssey on the other hand are more available and i have negotiated the price down to $1000 below MSRP and trying to get to $1500 below MSRP. Any advice before I bite the bullet and commit to buying it?

Tom
by tommy85
Fri Apr 14, 2023 5:57 pm
Forum: Personal Consumer Issues
Topic: Totaled car value determination with uncommon trim level
Replies: 9
Views: 1248

Re: Totaled car value determination with uncommon trim level

Your post looks like something I could have written. I am exactly in the same situation. Got a higher trim car that is relatively rare totaled and insurance used base model for the valuation. I found my trim cars on auto trader, Carmax, carvana and cars.com and sent it the insurance company. They are currently reviewing them. Will see what they come back with and keep you posted here.
by tommy85
Wed Apr 12, 2023 1:00 pm
Forum: Investing - Theory, News & General
Topic: How many of you are staying the course with bonds?
Replies: 190
Views: 25907

Re: How many of you are staying the course with bonds?

I stayed the course too and timely article in WSJ today that talks about return of bonds.

https://www.wsj.com/articles/the-60-40- ... r-b4892aac

The title basically says what the entire article is about. Key sentence: “ A portfolio with 60% of its money invested in U.S. stocks and 40% in the Bloomberg U.S. Aggregate bond index has gained 5.9% in 2023 as of Monday, according to Dow Jones Market Data, building on a 5.3% advance in the fourth quarter. Last year, the portfolio fell 16%, its worst year since 2008.
by tommy85
Sat Apr 08, 2023 8:26 pm
Forum: Investing - Theory, News & General
Topic: 529 transfer question
Replies: 6
Views: 1000

Re: 529 transfer question

Geologist wrote: Fri Apr 07, 2023 9:41 am Aren't 529 accounts state-based? If that is the case, then how can you say you moved your 529 to Vanguard? You may have moved it to a state that has Vanguard as its 529 vendor (or as a choice).

You now want to move to another state (not move from Vanguard per se). I think you need to get the terminology correct.
Yes it was to Nevada that is managed by vanguard. I did not specify it since I did not think it was relevant to my question. I did explain the reason for double move because I didn’t want someone to say “why are you doing it, leave it as is” 😂
by tommy85
Fri Apr 07, 2023 7:02 am
Forum: Investing - Theory, News & General
Topic: 529 transfer question
Replies: 6
Views: 1000

529 transfer question

I understand we can transfer 529 from one state to another once in a 12 month period with out penalty. For example let's say I have three 529 accounts, A, B and C. Can I transfer from account A to B and then B to C in the same 12 months?

Reason I am trying to do this is I had recently moved the 529 to Vanguard but got my DW's account locked and the customer service has been incredibly unhelpful in solving the issue. So I am just fed up with vanguard and moving all my accounts out.
by tommy85
Thu Apr 06, 2023 6:25 am
Forum: Personal Investments
Topic: Transferring funds from Schwab to Vanguard
Replies: 5
Views: 879

Re: Transferring funds from Schwab to Vanguard

After having a bad customer service issue with Vanguard, I am moving our taxable and Roth IRAs from Vanguard to Schwab. Think hard if you really want to move to Vanguard before doing it.
by tommy85
Wed Apr 05, 2023 9:44 pm
Forum: Personal Consumer Issues
Topic: Coffee On The 'Net?
Replies: 49
Views: 5001

Re: Coffee On The 'Net?

Roast your own coffee!
by tommy85
Sat Mar 25, 2023 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Can somebody explain dependent care FSA, child and dependent care tax credit and child tax credit?
Replies: 12
Views: 951

Re: Can somebody explain dependent care FSA, child and dependent care tax credit and child tax credit?

Sure, I'll do my best to explain these terms in a simple way! Dependent Care FSA (Flexible Spending Account): Imagine you have a special piggy bank that you can use to save money for taking care of your baby. The money you put in this piggy bank is taken from your salary before taxes are deducted, so you don't have to pay taxes on this money. You can use this money to pay for things like daycare or babysitters while you work or look for work. But remember, you can only save a limited amount of money in this piggy bank each year, and if you don't use it all, you might lose some of it. Child and Dependent Care Tax Credit: Think of this as a coupon that you can use to pay less in taxes. When you pay for someone to take care of your baby while...
by tommy85
Sat Mar 25, 2023 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Can somebody explain dependent care FSA, child and dependent care tax credit and child tax credit?
Replies: 12
Views: 951

Can somebody explain dependent care FSA, child and dependent care tax credit and child tax credit?

We have a baby on the way, I am confused by dependent care FSA, child and dependent care tax credit and child tax credit. I looked for them in Bogleheads wiki and did not find them. Can somebody explain to me like I am 5?

Thanks in advance!
by tommy85
Thu Mar 23, 2023 2:40 pm
Forum: Personal Consumer Issues
Topic: [Umbilical] Cord Blood Banking
Replies: 26
Views: 3913

Re: Umbilical cord blood storage service

I understand, I am not asking for whether or not to do it. Simply asking for what company to use. I thought that would be more of consumer issue but if not allowed mods please lock the thread!