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I'm 71 and earned a very high salary. I started SS benefits
I'm 71 and earned a very high salary. I started SS benefits at age 70. My wife is 60 and earns about 35K per year. Should she take benefits at age 62 or wait. We don't need the money because I own my … read more
emc011075
emc011075
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I have an unusual situation on taxes, I'm 60 years old I
I have an unusual situation on taxes , I'm 60 years old I have lived with someone for 25 years she worked I stayed home I did not have an income she did not want me to work she supported me and claime… read more
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I am living in NYC in a rent stabilized apartment. I am
I am living in NYC in a rent stabilized apartment. … read more
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I am 61 my wife 63 and we want to quit working but not take
I am 61 my wife 63 and we want to quit working but not take SS until 70 (will be $70k/yr). We have a million dollars. Cash $80,000 T-IRA $300K, Roth $350K (paying 0 taxed $35,000yr. Any Exp $65k/yr. T… read more
Lev
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I need to find out if my social security retirement amount
I need to find out if my social security retirement amount will be affected by the so-called "windfall" provision, and if yes, how? … read more
Lane
Lane
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I am presently retired and receive a pension from the State
I am presently retired and receive a pension from the State of MA although i live in CT. My wife is planning on retiring in June of 2018 and will receive a pension from the state of CT. I also receive… read more
Lev
Lev
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How to know if I qualify for health coverage tax credit?
We are retired and draw $2,815 combined monthly benefits from social security and a monthly pension of $2,074.50 from IBM. Our monthly insurance premium is $1,700. Do we qualify for a health coverage … read more
Mark Taylor
Mark Taylor
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Masters
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Im 64, recently paid off my mortgage and want to put the
Customer: ***** *****, im 64, recently paid off my mortgage and want to put the same amount as my monthly payments in an IRA, i already have one at work. I intend to retire at 73. … read more
Robin D.
Robin D.
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first time home borrower. 700K net worth with cash, stocks
first time home borrower. 700K net worth with cash, stocks bonds & 3 rental homes. 2012 AGI $265k 2013 AGI $122k 2013 Wife on maternity; husband income went from $107k 2012 to 72k 2013 from K-1s at pr… read more
Lev
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My daughter (single person filer) just switched this month
My daughter (single person filer) just switched this month from an employee receiving a W-2 to an independent contractor who will now get her income reported in a 1099. Another complication: her new j… read more
Megan C
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I am about to start working in Manhattan NY, living in Queens
I am about to start working in Manhattan NY, living in Queens NY. My annual salary is 200,000$. I have 3 kids, aged 4, 8 and 11. My wife is not an American citizen, and she is working at a foreign mis… read more
Lev
Lev
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My wife will be retiring in a couple years and both qualify
My wife will be retiring in a couple years and both qualify for Social Security. Our statements show that if we retire at 66 I will get $2050 per month and she will get $1950 per month. We have a busi… read more
R. Klein, EA
R. Klein, EA
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My Mum is going into a retirement village and her Unit will
My Mum is going into a retirement village and her Unit will be sold. We need $200,000 for her entry feee and wish to place $300,000 into a Term Deposit. My Mum wishes to split the balance between my B… read more
Expert
Expert
We had income of $66,589 for 2011 (married file jointly) My
We had income of $66,589 for 2011 (married file jointly) My wife will be taking her pension about $565/month and a lump sum $19,000.00 +. She will continue to work for 2012. We will probably make a li… read more
R. Klein, EA
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Master's Degree
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I plan on withdrawing next year (2012) $200k from my IRA account
I plan on withdrawing next year (2012) $200k from my IRA account to pay off my mortgage note of $155k. My only income is social security & a monthly pension of approximately $40k total yearly. I'm 62 … read more
Stephanie B.
Stephanie B.
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I am 66 years old and will retire from my full time job on
I am 66 years old and will retire from my full time job on July 1 2012. I am also drawing my social security while continuing to work. My base salary is 43,000 annually. My wife, age 64, has a base an… read more
Bill
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I am involved in a hateful divorce. My wife is a teacher
I am involved in a "hateful divorce. My wife is a teacher who is retiring in June of this year in the state of KY. I know that teacher's pensions have been ruled by the state Supreme Court to be part … read more
Stephen G.
Stephen G.
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Bachelor's Degree
12,094 satisfied customers
The pension payments are small. One is for about $1,005, and
The pension payments are small. One is for about $1,005, and one is for $105.00. We have received both checks now for Jan. through March 2010. I am hoping we don't have to pay estimated tax. We just w… read more
Bill
Bill
Master's Degree
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