Search found 1540 matches

by samsoes
Fri Apr 16, 2021 5:48 am
Forum: Personal Consumer Issues
Topic: can I get boglehead approval for a 70K truck?
Replies: 69
Views: 3483

Re: can I get boglehead approval for a 70K truck?

Hello All, I pre-ordered a cyber truck (70K) but probably wont be able to get it until the next 2-3 years (huge back log). What the heck is a cyber truck? Sounds like something not real. Tesla truck, google it! Thanks. OP should have said as much in the first place, or at least capitalize the first...
by samsoes
Fri Apr 16, 2021 4:48 am
Forum: Personal Consumer Issues
Topic: can I get boglehead approval for a 70K truck?
Replies: 69
Views: 3483

Re: can I get boglehead approval for a 70K truck?

sjl333 wrote: Fri Apr 16, 2021 2:37 am Hello All,

I pre-ordered a cyber truck (70K) but probably wont be able to get it until the next 2-3 years (huge back log).
What the heck is a cyber truck?

Sounds like something not real.
by samsoes
Mon Apr 12, 2021 11:29 am
Forum: Personal Finance (Not Investing)
Topic: I mailed in my taxes not knowing about the big backlog... Is there anything I can do to cancel that and e-file instead?
Replies: 15
Views: 2009

Re: I mailed in my taxes not knowing about the big backlog... Is there anything I can do to cancel that and e-file inste

No, afraid not. You will have to wait.

IRS' backlog of processing paper returns has been the subject of many, many threads on this site for at least the past year...
by samsoes
Thu Apr 08, 2021 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Do you LOVE your tax professional?
Replies: 19
Views: 1668

Re: Do you LOVE your tax professional?

barliss2 wrote: Thu Apr 08, 2021 5:27 pm So far a bunch of non-answers. Holy moly, people. I thought I trusted yous ;-)
"...yous...?"

Doncha mean y'all...?
by samsoes
Mon Apr 05, 2021 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: APTC elmination for tax year 2020
Replies: 7
Views: 664

Re: APTC elmination for tax year 2020

One can go over the 400% threshold and will have to repay some APTC. The payback amount is capped at 8.5% of income.

Update: the above is for 2021 and 2022 only. Thanks for correcting me!
by samsoes
Sun Apr 04, 2021 10:36 am
Forum: Personal Investments
Topic: WSJ article "How to Know if Your Retirement Savings Are on Track"
Replies: 33
Views: 4545

Re: WSJ article "How to Know if Your Retirement Savings Are on Track"

johnny wrote: Sat Apr 03, 2021 11:52 am I saw this article today in the Wall Street journal and finally took the bait and clicked and read it.

...

https://www.wsj.com/articles/how-to-kno ... hp_jr_pos1
Crashed into the paywall.
by samsoes
Sun Apr 04, 2021 5:02 am
Forum: Personal Finance (Not Investing)
Topic: Any reason to file taxes before May 17?
Replies: 34
Views: 3632

Re: Any reason to file taxes before May 17?

File as early as possible to prevent identity theft by someone fraudulently filing for you first.

In addition: if you file before you croak, someone won't have to file on your behalf.
by samsoes
Sat Mar 27, 2021 4:54 am
Forum: Personal Finance (Not Investing)
Topic: Guard against IRA hackers... keep multiple accounts?
Replies: 13
Views: 1668

Re: Guard against IRA hackers... keep multiple accounts?

GraduateStudent wrote: Sat Mar 27, 2021 2:16 am This article got me thinking: https://www.wsj.com/articles/gao-calls- ... 1615816805
Crashed into the paywall.
by samsoes
Fri Mar 26, 2021 8:36 pm
Forum: Investing - Theory, News & General
Topic: REITS: Vanguard (VNQ) vs Schwab(SCHH): Return of Capital distributions
Replies: 7
Views: 943

Re: REITS: Vanguard (VNQ) vs Schwab(SCHH): Return of Capital distributions

For the 10 or so years I owned VNQ in taxable, the "Return of Capital" distribution -- more often than not -- was incorrectly calculated on each year's initial 1099, and an updated 1099 was issued causing the need to amend both my Federal and State returns. So, I ditched REITS from my taxa...
by samsoes
Tue Mar 23, 2021 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: What is an average retirement a/c worth in America ?
Replies: 228
Views: 22381

Re: What is an average retirement a/c worth in America ?

Jack FFR1846 wrote: Tue Mar 23, 2021 6:41 pm The ultimate goal is to have on the order of 25 times your annual spending in liquid assets at retirement. Average would not help unless your spending is indeed average.

What does a/c mean?
Air conditioner?
Alternating current?
Access code?
???
by samsoes
Mon Mar 22, 2021 1:56 pm
Forum: Personal Consumer Issues
Topic: Solar Cost Estimate
Replies: 19
Views: 1288

Re: Solar Cost Estimate

Hello, I received a quote for solar installation of $49,493 (without tax credit) for a 12.87 kW system (39 panels [330W modules]). After tax credit system cost is $36,625. This would account for my systems utility offset of 101%. Cost per KW is approx. $3.87 and $2.84 before tax credit and after ta...
by samsoes
Fri Mar 19, 2021 1:25 pm
Forum: Personal Investments
Topic: Buying Vanguard ETFs on taxable account few days before dividend announcement
Replies: 6
Views: 629

Re: Buying Vanguard ETFs on taxable account few days before dividend announcement

While we're on the subject, has anyone been able to find a list of Vanguard distribution dates for 2021? Never mind distribution amounts, just the scheduled dates. I've scoured various websites and can't find such information. It's puzzling why they keep even the schedule so elusive. :confused (Sch...
by samsoes
Fri Mar 19, 2021 11:52 am
Forum: Personal Investments
Topic: Buying Vanguard ETFs on taxable account few days before dividend announcement
Replies: 6
Views: 629

Re: Buying Vanguard ETFs on taxable account few days before dividend announcement

While we're on the subject, has anyone been able to find a list of Vanguard distribution dates for 2021? Never mind distribution amounts, just the scheduled dates. I've scoured various websites and can't find such information. It's puzzling why they keep even the schedule so elusive. :confused (Schw...
by samsoes
Sun Mar 14, 2021 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: IRS $10,200 unemployment exclusion instructions are out
Replies: 32
Views: 3448

Re: IRS $10,200 unemployment exclusion instructions are out

Any word on how to handle the situation if one has already filed for 2020 (including > $11,000 in unemployment income)? Am in the same boat The instructions talk about doing stuff to 1040 so I guess amendment is the only way. So now we wait for tax software products to revise Schedule 1 Line 8 as p...
by samsoes
Sun Mar 14, 2021 3:18 pm
Forum: Personal Consumer Issues
Topic: Happy Pi Day! (And what pie?)
Replies: 36
Views: 2132

Re: Happy Pi Day! (And what pie?)

Bylo Selhi wrote: Sun Mar 14, 2021 3:02 pm
samsoes wrote: Sun Mar 14, 2021 1:53 pm Pi day occurred at 3/14/15 9:26:54. Won't happen again for a hundred years.
According to International Standard ISO 8601 today is 2021-03-14. So π day can't ever happen :twisted:
Sorry, I never bought into that whole Y2K compliance nonsense.
by samsoes
Sun Mar 14, 2021 1:57 pm
Forum: Personal Consumer Issues
Topic: Re-cycling very old PC-s (not MACs) ..how about using Staples?
Replies: 37
Views: 2709

Re: Re-cycling very old PC-s (not MACs) ..how about using Staples?

Pull out the hard drives, place them in old pillowcases and smash them to smithereens, using a rock, hammer, etc. Then bring the PC's (less the hard drives) to Staples for recycling without any worries. Put the pieces of the hard drives in the trash, spread across several trash pickups.
by samsoes
Sun Mar 14, 2021 1:53 pm
Forum: Personal Consumer Issues
Topic: Happy Pi Day! (And what pie?)
Replies: 36
Views: 2132

Re: Happy Pi Day! (And what pie?)

Happy Pi Day! 🍷 🍷 ... and what special pie are you cooking today? Anything especially relevant to pi itself? I'm starting with a pumpkin pie. Those tasty spices deserve to be enjoyed more often than at the traditional Thanksgiving time. Thanks, and Cheers! RM Pi day occurred at 3/14/15 9:26:54. Won...
by samsoes
Sun Mar 14, 2021 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: IRS $10,200 unemployment exclusion instructions are out
Replies: 32
Views: 3448

Re: IRS $10,200 unemployment exclusion instructions are out

Any word on how to handle the situation if one has already filed for 2020 (including > $11,000 in unemployment income)? Am in the same boat The instructions talk about doing stuff to 1040 so I guess amendment is the only way. So now we wait for tax software products to revise Schedule 1 Line 8 as p...
by samsoes
Sun Mar 14, 2021 12:00 pm
Forum: Personal Investments
Topic: MYGA Question
Replies: 23
Views: 1698

Re: MYGA Question

What is "MYGA?" multi year guaranteed annuity: https://www.google.com/search?sitesearch=bogleheads.org&q=myga What is "MYGA?" Check here too. https://www.bogleheads.org/wiki/Fixed_annuity Thank you both, but having to cross-reference non-intuitive acronyms -- especially whil...
by samsoes
Sun Mar 14, 2021 11:57 am
Forum: Personal Finance (Not Investing)
Topic: IRS $10,200 unemployment exclusion instructions are out
Replies: 32
Views: 3448

Re: IRS $10,200 unemployment exclusion instructions are out

Any word on how to handle the situation if one has already filed for 2020 (including > $11,000 in unemployment income)?
by samsoes
Sat Mar 13, 2021 11:27 am
Forum: Personal Investments
Topic: MYGA Question
Replies: 23
Views: 1698

Re: MYGA Question

What is "MYGA?"
by samsoes
Fri Mar 12, 2021 11:49 am
Forum: Personal Finance (Not Investing)
Topic: No Tax Refund Yet (Approaching 21 Days)
Replies: 31
Views: 1913

Re: No Tax Refund Yet (Approaching 21 Days)

Easier said than done, and without the joy of a large tax refund, but this makes the point of owing instead of getting a refund.
by samsoes
Thu Mar 11, 2021 2:56 pm
Forum: Investing - Theory, News & General
Topic: American Rescue Plan Act of 2021 Signed
Replies: 72
Views: 8100

Re: American Rescue Plan Act of 2021 Signed

The latest Covid relief bill has been signed into law . The thing I find most interesting about this law is the cap of 8.5% of income for health insurance premiums. As someone who is nearing possible early retirement, that goes a long way towards removing the specter of unaffordable health insuranc...
by samsoes
Thu Mar 11, 2021 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Does the COVID Relief Legislation change COBRA?
Replies: 9
Views: 666

Re: Does the COVID Relief Legislation change COBRA?

A friend of mine plans to retire this summer and wants to use COBRA as long as possible before his Medicare eligibility in March 2024. Does the COVID Relief Legislation change any COBRA options that may help him? Possibly. There are 30 references to COBRA in the text of the bill: https://www.congre...
by samsoes
Thu Mar 11, 2021 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: ACA subsidy cliff now going away! Yay!
Replies: 155
Views: 17599

Re: ACA subsidy cliff now going away! Yay!

LadyGeek wrote: Thu Mar 11, 2021 2:12 pm The president has signed the bill into law. This thread is unlocked to continue the discussion.

This thread is now in the Personal Finance (Not Investing) forum (ACA subsidy).
Can this one be unlocked now? viewtopic.php?f=2&t=342727
by samsoes
Wed Mar 10, 2021 6:20 am
Forum: Personal Investments
Topic: For those with bond heavy AAs...how you feeling?
Replies: 55
Views: 5771

Re: For those with bond heavy AAs...how you feeling?

Peaceful wrote: Fri Mar 05, 2021 11:39 am I'm 60/40 stocks/bonds right now and I'm going to try to hold it there. Since the GFC I've fluctuated ...
What's a GFC?
by samsoes
Wed Mar 03, 2021 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: E-filing tax return
Replies: 11
Views: 759

Re: E-filing tax return

Kookaburra wrote: Tue Mar 02, 2021 11:13 pm In the past, I’ve always filled out my tax forms by hand and snail-mailed them in. This includes attaching W-2s and 1099s (if tax is withheld).

If one were to e-file their return, how do they transmit the W-2 and 1099s?
Welcome to the 1990's! :sharebeer
by samsoes
Sun Feb 28, 2021 3:50 pm
Forum: Personal Consumer Issues
Topic: Do I need new tires?
Replies: 106
Views: 4681

Re: Do I need new tires?

A few days ago I went for a 50,000 mile service, on my 2016 Toyota Corolla le. The service guy at the dealership said 50,000 miles, is time for new tires. I had been thinking of waiting to 60,000. Tire depth is 4/32. Should I wait? Or dump my coffee and rush to get tires? Rule #1: Never, ever purch...
by samsoes
Sun Feb 28, 2021 10:45 am
Forum: Personal Consumer Issues
Topic: Do I need new tires?
Replies: 106
Views: 4681

Re: Do I need new tires?

I agree with 4/32nds tread depth along with age and condition of tires. The penny is not an adequate test based on data I've read. The new test is using a quarter. I guess it all depends on the distance from the rim of the coin to the deceased president's head, and the condition of the coin. (I sus...
by samsoes
Sun Feb 28, 2021 10:08 am
Forum: Personal Consumer Issues
Topic: Do I need new tires?
Replies: 106
Views: 4681

Re: Do I need new tires?

A few days ago I went for a 50,000 mile service, on my 2016 Toyota Corolla le. The service guy at the dealership said 50,000 miles, is time for new tires. I had been thinking of waiting to 60,000. Tire depth is 4/32. Should I wait? Or dump my coffee and rush to get tires? Rule #1 about purchasing n...
by samsoes
Sat Feb 20, 2021 3:07 pm
Forum: Personal Consumer Issues
Topic: Retiring to Vermont/New Hampshire area
Replies: 91
Views: 7104

Re: Retiring to Vermont/New Hampshire area

Do you like high state taxes? If not, stay away from Vermont. Making broad generalizations about state taxes really does not accurately illustrate real costs of living in any state. It does in this case. Can you tell me what knowledge and experiences you have had in Vermont to have this opinion tha...
by samsoes
Sat Feb 20, 2021 11:16 am
Forum: Personal Consumer Issues
Topic: Retiring to Vermont/New Hampshire area
Replies: 91
Views: 7104

Re: Retiring to Vermont/New Hampshire area

TT wrote: Sat Feb 20, 2021 10:54 am
samsoes wrote: Sat Feb 20, 2021 10:15 am Do you like high state taxes? If not, stay away from Vermont.
Making broad generalizations about state taxes really does not accurately illustrate real costs of living in any state.
It does in this case.
by samsoes
Sat Feb 20, 2021 10:15 am
Forum: Personal Consumer Issues
Topic: Retiring to Vermont/New Hampshire area
Replies: 91
Views: 7104

Re: Retiring to Vermont/New Hampshire area

Do you like high state taxes? If not, stay away from Vermont.
by samsoes
Sat Feb 20, 2021 6:03 am
Forum: Personal Consumer Issues
Topic: Summer vacation in Colorado
Replies: 28
Views: 2594

Re: Summer vacation in Colorado

We want to escape the California desert heat this summer and spend a month or longer in Colorado. Our interests are Pickleball, electric cycling, kayaking, hiking and general exploring. We need pet friendly accommodations and are planning to stay in a VRBO . So far, Boulder seems like a great place...
by samsoes
Thu Feb 18, 2021 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: E-filing form 1116 [FreeTaxUSA]
Replies: 122
Views: 9877

Re: Can't E-file form 1116

Since I must carefully engineer my income to qualify for ACA subsidies, and since foreign taxes are a hidden distribution that aren't known until the 1099 is issued (dividend income increases beyond what was actually paid by the same amount of the foreign tax), I made the decision to divest myself o...
by samsoes
Thu Feb 18, 2021 6:55 pm
Forum: Personal Finance (Not Investing)
Topic: What a difference an RMD makes!
Replies: 13
Views: 2742

Re: What a difference an RMD makes!

Just finished my taxes yesterday.
For the first time since I was a teenager, I paid -0- in Federal income tax and have officially joined the 47% club of folks who don't pay any!

What a country! :beer
by samsoes
Sun Feb 14, 2021 6:52 am
Forum: Personal Finance (Not Investing)
Topic: Pulled the trigger on a solar install
Replies: 37
Views: 4890

Re: Pulled the trigger on a solar install

I think this is a very fair and simple way to do it. I wouldn’t call it “fair” really. It is hugely advantageous to you! Typically utility generation runs 2-4 cents per KWh. 4 cents???! Where? I pay 19 cents last I checked, and I’ve never seen or heard of anywhere in the northeast that’s below 15. ...
by samsoes
Sat Feb 13, 2021 5:29 pm
Forum: Personal Investments
Topic: Does Anyone Confirm Dividend Amounts?
Replies: 27
Views: 2440

Re: Does Anyone Confirm Dividend Amounts?

No, but I'm certain someone here has. Some BHers have way too much time on their hands :D Some of us diligently research and track upcoming dividends ahead of the actual payouts because we need to carefully control our income in order to receive/maximize ACA subsidies. Some dividends don't pay unti...
by samsoes
Sat Feb 13, 2021 11:18 am
Forum: Personal Investments
Topic: Have you gotten your 2021 Schwab 1099 yet?
Replies: 39
Views: 2823

Re: Have you gotten your 2021 Schwab 1099 yet?

You may wish to check Tax Center on their website. My consolidated 1099 was there this morning. When I read this, I became excited ... for nothing. The Tax Center has a message holding fast to the 2/19 date. I have only Schwab and VG index funds in the account. :confused My reply was to the poster ...
by samsoes
Sat Feb 13, 2021 8:29 am
Forum: Personal Investments
Topic: Have you gotten your 2021 Schwab 1099 yet?
Replies: 39
Views: 2823

Re: Have you gotten your 2021 Schwab 1099 yet?

galawdawg wrote: Sat Feb 13, 2021 6:00 am You may wish to check Tax Center on their website. My consolidated 1099 was there this morning.
When I read this, I became excited ... for nothing. The Tax Center has a message holding fast to the 2/19 date.
I have only Schwab and VG index funds in the account. :confused
by samsoes
Mon Feb 08, 2021 6:55 am
Forum: Forum Issues and Administration
Topic: Site Migration - 2021-02-09 at 05:30 EST [Site offline]
Replies: 51
Views: 4102

Re: Site Migration - 2021-02-08 at 06:30 EST [Site offline]

BionicBillWalsh wrote: Sun Feb 07, 2021 8:32 pm The dreaded Y21K prophecy that has long been foretold is upon us...
Wow, that's unexpected, since it's 18,979 years early!
Who wouldda thunk!

(Y21K = year 21,000.)
by samsoes
Sat Feb 06, 2021 6:14 am
Forum: Personal Consumer Issues
Topic: COVID habits you will keep...?
Replies: 95
Views: 3897

Re: COVID habits you will keep...?

Since the pandemic, I have not been returning empty bottles and cans back to the supermarket for the 5c deposit, something I was always diligent about. Instead, I've been bringing them to the local Catholic school once a month when they collect them as a fundraiser. I will continue that practice pos...
by samsoes
Wed Feb 03, 2021 12:47 pm
Forum: Investing - Theory, News & General
Topic: Holding Physical Gold for "Insurance"
Replies: 21
Views: 816

Re: Holding Physical Gold for "Insurance"

hi_there wrote: Wed Feb 03, 2021 12:43 pm I read that if you go to a dangerous country, you should wear a Rolex as it can be used to bargain for your life in an emergency.
You may be followed from the airport and have to negotiate for your life quicker than you otherwise would have were you not wearing a Rolex.
by samsoes
Mon Feb 01, 2021 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP question - switching plans
Replies: 1
Views: 116

Re: HDHP question - switching plans

I am recently self employed and moved to an HDHP for January and funded an HSA. I just secured a job where they are going to give me healthcare. So effectively I may only be on the HDHP for one month. Do I need to worry about my HSA or am I fine? Worry? You can only fund your HSA 1/12 of the annual...
by samsoes
Fri Jan 29, 2021 6:36 am
Forum: Investing - Theory, News & General
Topic: Is there any doubt now that we are in a bubble?
Replies: 61
Views: 4830

Re: Is there any doubt now that we are in a bubble?

Who cares if we are in a bubble or not!
We stay the course and follow our IPS, correct?
by samsoes
Wed Jan 27, 2021 5:52 pm
Forum: Investing - Theory, News & General
Topic: What Do You Consider a "Really Bad Day"?
Replies: 59
Views: 5001

Re: What Do You Consider a "Really Bad Day"?

Who cares!
We don't market-time around here, remember??
by samsoes
Mon Jan 25, 2021 6:55 am
Forum: Personal Consumer Issues
Topic: Where do you buy your pet supply?
Replies: 29
Views: 1310

Re: Where do you buy your pet supply?

Chewy failed during the initial months of the pandemic last spring. Looks like they don't have a robust setup in place to handle changes in the economy. Amazon and Petco worked much better.