Recent content by cathy63

I do many tax returns for people who have mortgages with Mr Cooper. I can't speak to their mortgage servicing abilities, but I can tell you that they seem to provide accurate and timely 1098 forms.

How's your German? This ship is the only one I see on the port schedules for Cuba: Kombikreuzfahrt: Kuba, Karibik, Kanaren, Kapverden MS HAMBURG | PLANTOURS Kreuzfahrten

I think I mentioned the new law back on page 1 or 2 of this thread, or maybe it was another thread on tipping. I've been following a lot of the online commentary about the change and it's mind boggling that so many restaurant owners are saying that since they'll have to raise prices to cover the...

Hmm. If you want to give cruising another try, I would definitely recommend the Paul Gauguin in Tahiti. It's a small ship in an amazingly beautiful part of the world. I really enjoyed having an archeologist on board who gave talks about the work he'd done in the area and led some of the more...

They have your name, address, DL number, birth date (from the DL), and an old CC #. That's enough to ding your credit report.

Roth 401(k) RMDs are not taxable. When the law creating Roth 401(k)s was written, they originally had the same RMD requirements as regular 401(k)s. This was more of an oversight than an intentional way to get money out of these accounts. The SECURE 2.0 Act straightened things out and made it...

This would not be a "backdoor" conversion. It's just a normal conversion. Yes, you can convert the entire amount all at once if you want to. Yes, you can convert the entire principal from the tIRA to Roth IRA and pay the tax from other funds. Will you actually owe tax on the entire amount...

If she claimed on her own record before he claimed on his, then I don't think her prior claim would automatically be adjusted after he applied. I think she has to apply for benefits on his record once he starts collecting. They should probably visit an SS office to make sure they are both...

Charging nothing or $1 makes no difference from a tax perspective. I don't know if it matters from a legal perspective. To the IRS, what matters is the amount the neighbor and/or the farmer would have to pay for the use of similar property if the owner weren't trying to be a nice guy. Take...

The newer statements show the earnings that were taxed, but not the amount of tax paid, which is what Time2 is looking for. I don't think there's any way to get the itemized info on amounts you and your employer paid into SS, only the totals which are shown at the bottom of the statement. You...

It is tragic and sadly, you can't protect your kids by living in an area where people have $600K homes. All you can do is have compassion and sympathy for the family, and keep talking to your own kids about the choices they'll have to make as they get older. We went through something similar...

I think he meant they each have homes valued at over $600K.

You might be able to get a break on your property tax if your state/county has an exemption or discount for land that's used for agricultural purposes. Whatever you do pay in property tax for the land is deductible on Schedule A of your federal tax return subject to the $10K limit for state and...

The letter may have been lost in the mail. If you have an irs.gov account, then click on Notices and Letters and see if there's any info there. That may save you the time and effort of combing through transcripts. If you do need to read the transcripts, then addition to SecondCor521's advice on...

Just because you receive a 1099-R doesn't mean that you have to pay tax on the amount withdrawn. When a withdrawal is taken from an IRA, then the "taxable amount not determined" box on the 1099-R will be checked. That means some or all of the amount withdrawn might be taxable, but the custodian...