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Paid $1,450 per 100k to Medicare when working and not using Medicare. Now pay $2094 to Medicare (2024).
Shouldn’t Medicare be free for retirees? Something wrong!
Thank you for clearing this up. In the case of the brokerage, if there were yearly taxable dividends (1099 DIV) paid with marital funds would the dividends be marital? In the case of a car, if registration, maintenance, insurance, gasoline, tires, car wash etc. etc. we’re paid with marital funds...
What is the name of your state? New York
Question(s) about estimated tax payments.
Background:
2023 income derived from SS benefits, taxable interest and retirement withdrawal. 2023 tax liability is zero.
2024 income derived from SS benefits, taxable interest and significant RMD withdrawal...
Another thing you might want to verify is that ACH withdrawals from your account take 2-3 business days. Using “bill pay” is actually an ACH withdrawal and will take the same amount of time. At least that is true for my bank.
When I get a bill 6 months after a medical procedure that was represented to be paid by my insurance, I need time to contact the insurance and have them investigate the matter with the biller. In fact I had no responsibility to pay that bill. These things take time. If the biller waits 6 months...
Since there are usually no interest or late payments associated with medical bills, I make them wait 3 or 4 months before I pay the ”full amount” from the time they sent the bill demanding “payment in full”. There is a lot of sabre rattling on their part during that period. The medical...
The green card has expired, his US residency status did not expire. If it were me I would simply reapply for the green card and retain an attorney if necessary. I seriously doubt he will need an attorney.
I was behind a person at the non-US citizen customs entry line at JFK. The customs agent...
See below:
https://www.ag.state.mn.us/consumer/Publications/CondoTownAssoc.asp
i could not locate any information regarding this on the US Department of Justice website.
Thank you for your response.
All of the pre-1987 account funds accrued during the marriage and were contributed by my employer as part of a benefits package. None of the funds were contributed to this account in addition to the employer by my paycheck until later years.
It is pretty logical especially after being confirmed. A 2002 QDRO split the account in half. Does this mean that the ex took half the pre-1987 money? I think the “logical“ answer is yes. That makes the few remaining tax savings not worth the effort of pursuing. The government and ex win!
See below for those who may be interested:
The amount is based on your account balance at the end of the previous year and, generally, the life expectancy factor provided by the IRS in the Uniform Lifetime Table. Your RMD will change every year based on those two numbers. Please note: If you're...
What is the name of your state? New York
I have a tax deferred 403(b) retirement account with pre-1987 and post-1987 contributions. The IRC says that I can exclude the pre-1987 contributions from RMD calculations until age 75 if records are kept. I have received the itemized pre-1987 records...
So, the deal is that you pay 95% of the cost to move the fence to the property line and he pays 5%? He gains more use of his land for his dog? You gain nothing other than paying for a fence you don’t need?
How many more wooden nickels does he have in his pocket?
WHY was the old chain link fence removed for utility work? Are you saying that a new fence in the exact same place as the old chain link fence will not interfere with any future utility work? I must be totally missing something here.
In your account regarding the old chain link fence that was removed because it was obstructing access to the utility company that has an easement; how will this be dealt with if a new fence is put in the same place as the old chain link fence that was removed for utility work?
By OP’s account the son would have bought the car even after being told it was a piece of junk by a mechanic. Never buy a 21 year old car especially if it’s been driven on salted roads in the Northeast. Take a piece of ferrous metal and put it in salt brine for a year and watch the result...
Why not? Technically the employee was on vacation 12 hours that work week and worked 28 hours to make a 40 hour week. Does this violate the FLSA (fair labor standards act)?
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