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For questions that relate to the laws, practices, and products of the United States.

3 votes

Paid taxes a year early

1099's and other official tax forms are often reported to the IRS by the issuer, whether or not you include a copy in your return. You should not neglect to include this income in your 2016 return in …
CactusCake's user avatar
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5 votes
Accepted

Interpreting last date of tax submission US

According to USPS: Federal Tax Deadlines. If your tax return is postmarked by April 18, 2017 or October 16, 2017 (extension), the IRS considers it filed on time. Emphasis mine.
CactusCake's user avatar
  • 3,501
2 votes

How can I save on closing costs when buying a home?

Good answers here. I would like to add one more (less obvious) way to save - look for houses that are For Sale By Owner (FSBO). Owner's who are selling without an agent do not have to pay a seller's a …
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3 votes

Are travel cost reimbursements taxable in the United States?

The common sense reason for reimbursed expenses not being taxable is because the transactions you are being reimbursed for were (usually) paid for with after-tax dollars. For example, if you use you …
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  • 3,501
2 votes

I'm hoping to get a green card this summer - am I liable for taxes for all of 2018?

Let's ask the IRS: Alien Residency - Green Card Test You are a resident, for U.S. federal tax purposes, if you are a Lawful Permanent Resident of the United States at any time during the …
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5 votes

Young w/ pension plan: lump sum or annuity?

You could look at it in terms of break even. The annuity pays for itself in 20 months (after you retire) and everything after that is profit. However, that is over-simplifying things somewhat. We all …
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6 votes

Car dealership put my name as the buyer without consent, when I was just the co-signer on th...

I'm a little confused as to what your paperwork actually says, because on the one hand you state we have all the paper work that shows him as buyer but then you go on to ask how can I get my …
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0 votes

How best to apply back Student Loan Refund?

I would pay off #2 and #3 completely. Not only are they the most expensive in terms of interest, but they are the smallest balances, so they could be cleared in full and still leave you a little bit o …
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6 votes

Auto Lease Payment Increase after moving to another state

From state.nj.us: Property Leased in New Jersey Transferred Out of State If a lessee transfers property leased in New Jersey out of State, and the lessee paid New Jersey all the Sales Tax …
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0 votes

Is threatening to close the account a good way to negotiate with the bank?

From the bank's perspective, they are offering a service and within their rights to charge appropriately for that service. Depending on the size of their operation, they may have considerable overhead …
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12 votes

Should I lower my student loan payments to keep my account open (and credit score up)?

I'm going to dissent from the other answers and suggest you keep it open... for now. If the interest is barely $2 a month as you say, and you plan on making your house purchase this time next year, yo …
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7 votes

Foreign priced expenses - actual card charge amount is OK?

Electronic transactions When you receive your credit card statement (or bank statement if you used a debit card), you should see a line for the purchase expressed in the format 11,123 JPY @ 0.0094443 …
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4 votes

Will I get a refund for my insurance renewal?

It sounds like the agent you spoke to may have been confused about your "cancellation" request. Partial refunds apply when you are cancelling mid-term, and might incur a fee as mentioned. It sounds li …
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4 votes
Accepted

Why would a country want to use the currency of some other country?

This is more of an economics question than personal finance. That said, I already started writing an answer before I noticed, so here are a few points. I'll leave it open for others to expand the list …
2 votes
Accepted

Is there a way to undo 401k contributions?

If your goal is simply to maximize employer contributions, you should be fine. As you have observed, there wasn't a way to get fully matched on the 15k that you've already contributed, you were only m …
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