| Author | Message | ||
Polavaram Comedian Username: Polavaram Post Number: 1504 Registered: 08-2016 Posted From: 24.107.66.177 Rating: N/A |
sorry to hear, you have an option to Rollover to IRA instead of hardship withdrawal anyways its late now NTR-Vajpayee Polavaram Irrigation Project | ||
Sodi Side Hero Username: Sodi Post Number: 3347 Registered: 01-2014 Posted From: 173.169.5.198 Rating: N/A |
Try filing Married but Separately | ||
Dobbey Junior Artist Username: Dobbey Post Number: 99 Registered: 10-2015 Posted From: 73.5.26.197 Rating: N/A |
I got laid off from that job ... New job lo 401k ledu .. only pension plan | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 13147 Registered: 04-2008 Posted From: 72.83.43.126 Rating: N/A |
Ee HSA evary year kattadam valla tax benefit kakunda inka emi use undi? Money future lo medical expenses ki kakunda vere ela anna use chesukogalama? Ippudu ayithe employer vese yr ki $1200 kanna nenu vese danilonchi emee spending ledu. Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Polavaram Comedian Username: Polavaram Post Number: 1503 Registered: 08-2016 Posted From: 66.87.73.45 Rating: N/A |
https://www.google.com/amp/amp.timeinc.net/time/money/509309 9/529-plans-k12-expenses-tax-bill
Gojfling cheyyandi 529 plans and k-12 tution Maa state lo ayithe vundhi MOST 529 plan NTR-Vajpayee Polavaram Irrigation Project | ||
Analog Side Hero Username: Analog Post Number: 4821 Registered: 05-2008 Posted From: 207.43.172.140 Rating: N/A |
California online vethika...private schools allowed ani ledu kada? | ||
Polavaram Comedian Username: Polavaram Post Number: 1502 Registered: 08-2016 Posted From: 66.87.73.45 Rating: N/A |
Same employer kindha work chesthuvunte 401k nunchi partial ga money withdraw cheyya nivvadu, did you take lloan or hardship withdrawl? Mee employer evaro mahanu bavudu NTR-Vajpayee Polavaram Irrigation Project | ||
Polavaram Comedian Username: Polavaram Post Number: 1501 Registered: 08-2016 Posted From: 66.87.73.45 Rating: N/A |
Correct 10k
Mee state ni batti vuntundhi , maa state lo Dec 31 deadline Maj of states ki dec 30 or 31st vuntundhi, konni states diff vuntundhi NTR-Vajpayee Polavaram Irrigation Project | ||
Gotcha Megastar Username: Gotcha Post Number: 28525 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
etti 40k withdraw chesi tax katava. regular tax plus 10% penalty katali. nee tax bracket kuda petigindi since u withdraw 40k. evaru advice icharu neeku to withdraw money from ur 401k? ... | ||
Eureka Junior Artist Username: Eureka Post Number: 265 Registered: 06-2013 Posted From: 69.218.15.5 Rating: N/A |
along with IRA, HSA lokooda dabbulu vesukondi...surplus money thoo invest chesukoovochu | ||
Dobbey Junior Artist Username: Dobbey Post Number: 96 Registered: 10-2015 Posted From: 204.16.161.12 Rating: N/A |
naa paycheck tho paatu. wife ki opt lo uthuthii paychecks $40k run ayyay.. plus 401k nundi 31k withdraw chesaa.. total $175k ayedattu undi.. nenu enakki kattali anukuntaa for the first time.. elaa bayata padaalo cheppandi .. | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 12081 Registered: 04-2015 Posted From: 100.36.224.18 Rating: N/A |
No. there are two types of plans 1) prepaid: basically you are paying into certain no of courses in a semester for your undergraduate program. irrespective of the costs of course at that time, you have already paid for it 2) Investment: In this you are putting money into a fund like 401K which can grow. when its college time, you take the money out and pay for expenses. At this time, you have to pay whatever the course cost is. because your daughter is already in high school, i think he suggested prepaid. its 2500K per kid per family member. If you have 2 kids and both husaband and wife are earning, your contributions till 10K are tax free. If you do above 10k, additional money can be tax free till 10 years. Lest say you contributed 15K from 2018 to 2022, during these years you can have tax relief for only 10K. so 20K you have paid extra. In 2023 and 2024, you can claim another 10K tax relief as these could not be deducted previously. the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Analog Side Hero Username: Analog Post Number: 4819 Registered: 05-2008 Posted From: 207.43.172.140 Rating: N/A |
avuna...is it possible to contribute to prev year now? ( | ||
Alochinchu Side Hero Username: Alochinchu Post Number: 2229 Registered: 03-2008 Posted From: 65.51.27.4 Rating: N/A |
upto 10K.. | ||
Jai_ycp Hero Username: Jai_ycp Post Number: 12077 Registered: 04-2015 Posted From: 100.36.224.18 Rating: |
and top of all keep voting or campaigning for republicans. The worst they can do is not raise taxes on you where as democrats the best they can do is not raise taxes the story of YCP and TDP in 2014 (AP)- http://goo.gl/zgrYmQ http://goo.gl/gn6XL5 the story of TDP in 2014 (T) - http://goo.gl/nyu1Wu | ||
Gotcha Megastar Username: Gotcha Post Number: 28520 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
some tips save ur reciepts from donating to goodwill participate in 401k update dependent settings to 0 so u will be taxed more and dont end up paying back. buy a house ... | ||
Polavaram Comedian Username: Polavaram Post Number: 1500 Registered: 08-2016 Posted From: 66.87.73.45 Rating: N/A |
Ee year trumpeshwara rao goru rules marcharu You can use 529 contribution ni private elemantary and high schools ki vadacchu NTR-Vajpayee Polavaram Irrigation Project | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 13133 Registered: 04-2008 Posted From: 70.191.59.106 Rating: N/A |
Yes, she is in 9th grade. Meeru ichina link lo deep info ledu, Oka account ki wife and husband iddaru contribute cheyyacha or cherokati open chesi okarike use cheyyacha? Prepaid plans ante enti and idi 529 ki additional ga contribute chyeyacha? Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Alochinchu Side Hero Username: Alochinchu Post Number: 2228 Registered: 03-2008 Posted From: 65.51.27.4 Rating: N/A |
single.. 0 exemption petteyi.. all set.. | ||
Gochi Side Hero Username: Gochi Post Number: 3215 Registered: 12-2006 Posted From: 159.53.46.143 Rating: N/A |
This is called marriage penalty...like others said, max out your 401k,mee wife ki 401k undannaaru aabatti, akkada max out cheseyyandi, year ki 18,500 daaka contribute cheyyochu...HSA unte, start contributing there...alaane IRA etc.. veetannitikante mundu mee W4 change cheskondi...go with zero deductions for one person and may be 1 for the other..u will get lesser pay every month but u will end up not paying at the end of the year... | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 37224 Registered: 02-2009 Rating: N/A |
https://www.virginia529.com/new-savers/benefits/ out of state colleges kee you can use the money to pay room/boarding fees keep the money for graduate school or transfer to grand kids rules are getting more lenient every year they want ppl to invest in these plans...plan management is a big business ...more money in the plans, the more money goes to plan managers so states keep revising rules to attract more ppl i think your kid is in high school you might want to check prepaid plans to begin with | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 13131 Registered: 04-2008 Posted From: 70.191.59.106 Rating: N/A |
Ee money only VA college ke use avutunda or vere state ki vellina use chesukovacha? Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Hero Hero Username: Hero Post Number: 11370 Registered: 09-2009 Posted From: 38.101.193.194 Rating: N/A |
buy town home...you sell after 7 years | ||
Mikkymouse Hero Username: Mikkymouse Post Number: 13130 Registered: 04-2008 Posted From: 70.191.59.106 Rating: N/A |
Health Insurance katte vallu HSA lo pettandi, YR ki $6k . Nuvve unna kannulatho mare vanka choodanani reppa venuka ninne ella kaalam dhachani... | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 37221 Registered: 02-2009 Rating: N/A |
The top marginal income tax rate in Virginia is 5.75%, meaning you can save $230 each time you deduct $4,000 from your Virginia AGI so 230 dollars saved from taxes  | ||
Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 37220 Registered: 02-2009 Rating: N/A |
in theory, this should work , i would do my own research Virginia 529 (college savings ) account open cheyyi in your name as account holder put wife as beneficiery "Virginia taxpayers who are Virginia529 account owners can deduct their contributions up to $4,000 per account, per year, with unlimited carry forward to future tax years." next year when you file returns, 4k deduct cheyyi from VA taxes . then when you have kid(s) , transfer the account beneficiary from wife to kid | ||
Rajusk Legend Username: Rajusk Post Number: 61042 Registered: 02-2008 Posted From: 170.74.248.19 Rating: N/A |
vonly other choice is donating some money | ||
Moviebuff001 Side Hero Username: Moviebuff001 Post Number: 5493 Registered: 06-2013 Posted From: 104.129.194.184 Rating: N/A |
On W4, I have always selected Married but withhold at higher single rate. Also, I run Tax estimator https://www.hrblock.com/tax-calculator/#/en/te/aboutYou every year in the beginning and then around October to see if enough taxes are being withheld. If it is not enough, I add additional amount to withhold on W4. | ||
Polavaram Comedian Username: Polavaram Post Number: 1499 Registered: 08-2016 Posted From: 66.87.73.45 Rating: N/A |
Along with traditional ira You can contribute to 529 plans too Fed tax benefit vundadhu kaani konni state lo state tax exemption vuntundhi NTR-Vajpayee Polavaram Irrigation Project | ||
Sachin Legend Username: Sachin Post Number: 43021 Registered: 04-2008 Posted From: 108.171.130.163 Rating: N/A |
ado doola annai | ||
Alochinchu Side Hero Username: Alochinchu Post Number: 2227 Registered: 03-2008 Posted From: 65.51.27.4 Rating: N/A |
then no other option.. why it is bothering you to pay during filing.. keep aside some money.. | ||
Sachin Legend Username: Sachin Post Number: 43020 Registered: 04-2008 Posted From: 108.171.130.163 Rating: N/A |
sorry...right now 1 undi... | ||
Mahiz Comedian Username: Mahiz Post Number: 1388 Registered: 10-2012 Posted From: 69.25.174.165 Rating: N/A |
sorry this is in case if you are covered by employer plan .. if you are not covered by any employer plan .. you can do until 5500 | ||
Sachin Legend Username: Sachin Post Number: 43019 Registered: 04-2008 Posted From: 108.171.130.163 Rating: N/A |
i think thst waht we have right now | ||
Mahiz Comedian Username: Mahiz Post Number: 1387 Registered: 10-2012 Posted From: 69.25.174.165 Rating: N/A |
traditional ira mostly manaki tax exemption undhadhu .. it is for below 67,000 annual income unna valaki matrame | ||
Alochinchu Side Hero Username: Alochinchu Post Number: 2226 Registered: 03-2008 Posted From: 65.51.27.4 Rating: N/A |
idharu exemption 0 pettukondi.. | ||
Rajusk Legend Username: Rajusk Post Number: 61041 Registered: 02-2008 Posted From: 170.74.248.19 Rating: N/A |
you have to pay tax if you withdraw before turning 59.5 anta.. but contributions are already post-tax kabatti..the rate may be different or penalty may be different otoh, totally different topic, thought of asking you..how is Babolat Pro-Lite GT series racquet | ||
Sachin Legend Username: Sachin Post Number: 43018 Registered: 04-2008 Posted From: 108.171.130.163 Rating: N/A |
idi manam eppudainaaa return theeskobvachaaa? theesthe fine plus tax kattalaaa? | ||
Rajusk Legend Username: Rajusk Post Number: 61040 Registered: 02-2008 Posted From: 170.74.248.19 Rating: N/A |
max 5500 eseyi.. | ||
Polavaram Comedian Username: Polavaram Post Number: 1498 Registered: 08-2016 Posted From: 66.87.73.45 Rating: N/A |
I meant traditional ira NTR-Vajpayee Polavaram Irrigation Project | ||
Polavaram Comedian Username: Polavaram Post Number: 1497 Registered: 08-2016 Posted From: 66.87.73.45 Rating: N/A |
Employer ivvaka pitge Traditional 401k limit 5500 or 6000 vundhi You can contribute to that NTR-Vajpayee Polavaram Irrigation Project | ||
Siloan Legend Username: Siloan Post Number: 53268 Registered: 03-2008 Posted From: 132.174.20.41 Rating: N/A |
nuvvu contriubute chesi tax save jeyyatla ...adhe contribution anuko | ||
Sachin Legend Username: Sachin Post Number: 43017 Registered: 04-2008 Posted From: 108.171.130.163 Rating: N/A |
employer 401k ivvad | ||
Siloan Legend Username: Siloan Post Number: 53267 Registered: 03-2008 Posted From: 205.160.169.248 Rating: N/A |
nuvvu kooda 401k kottinchu | ||
Sachin Legend Username: Sachin Post Number: 43016 Registered: 04-2008 Posted From: 108.171.130.163 Rating: N/A |
someone please help me... wife and I iddaram payroll lo single gane tax kadathannam..no dependents...kani end of the year joint file chetshunte reverse lo malli tax kattalsi vasthandi . because household gross incomes falls in different tax bracket than our individual ones... thanaki 401k cut avuthidni..i have none... ee reverse kottinchukokundaa em steps theeskovacho suggest cheyandi... |
