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Tax Planning
how much money should i save each month out of my social security which is 1800
Submitted Feb 10, 2012
I am a medical student with a lack of credit history. My credit report only has my student loans for medical school and a couple of collections account (less than $400) that were paid 3-4 years ago. (Dispute with Medical Insurance about coverage). I would like to build my good credit as fast as possible. I applied for a normal credit card through Chase but I was...
Submitted Feb 9, 2012
My husband was killed a car accident almost 3 years ago. He was 60 years old at the time. When can I apply for his social security survivor benefits?
Submitted Feb 8, 2012
Finishing up physician fellowship soon and looking to buy land and then build a home...$750-900,000 range for the total loan. In Florida...do you have ideas/suggestions/experience with physician loans? I am thinking of going for a Fifth Third offer, I''ve ran into their offer on www.dochero.com. I appreciate any kind of help and advice. Thank you in advance.
Submitted Feb 5, 2012
Good day, I live in South Africa and have a family friend living in New York. He wants to do further studies, I wish to open an account for him to transfer the money into. Please advise me, what type of account I can open from SA. I want to have full access and control of the money. I wish to transfer the money from that account to his personal savings account. Is...
Submitted Feb 1, 2012
My ex-husband is required to submit his tax return to me every year since he owes me alimony which I would receive based upon a formula related to a certain amount of yearly income, should he exceed that base amount. For the last several years he has claimed gambling winnings in excess of $100,000 with gambling losses in the same exact amount. Does he have to file...
Submitted Jan 31, 2012
My 88 yr old father transferred ownership of 3 tax deferred annuities that he does not need to me in 2011. He remains as annuitant. There have never been any withdrawals or dispersements. He understands that he will pay income tax on the earned interest due to the ownership transfer. What are the tax consequence for me? I received a 1099R, copy C as recipient of the...
Submitted Jan 31, 2012
My father in law has a line of credit at 1.5 % interest. My mortgage is at 6.25%. He''s offered to pay off the morthgage and I could just make payments on the line of credit. Can you see pro''s and con''s in this arrangement. Tax implications, etc...
Submitted Jan 30, 2012
Wanting to rebuild my credit.Is getting a credit card from my credit union, secured by my savings,a good idea? will it help me obtain a future auto loan?I get mixed opinions. Are all businesses required to report to credit agencies. It was suggested that I should go to RENT TO OWN or Aarons make a purchase on an item priced $500 or more. Make certain that payments...
Submitted Jan 30, 2012
To file 2011 taxes, can you still put $5,000 in Rother IRA?
Submitted Jan 25, 2012
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