Holding international stock funds in a taxable account gives you foreign tax credit, but claiming it on IRS Form 1116 has become too much hassle.
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If you’re self-employed on ACA health insurance, TurboTax and H&R Block software may give wrong numbers for the subsidy. Use this calculator instead.
If you did an unplanned backdoor Roth, clean up and make it planned from now on.
A long box spread can be a good alternative to buying a Treasury note or a CD if you don’t screw up your order. Here’s how to do it at Fidelity.
A short box spread trade effectively gets you a loan at a low fixed rate for a fixed term. Don’t do it if there’s any chance you’ll make a mistake.
You need some patience to find the right place in TurboTax for the $300/$600 charity donation deduction for 2021 when you take the standard deduction.
Do this trick when you buy I Bonds and use a secure password stored in a password manager instead of the virtual keyboard on the TreasuryDirect website.
This article was inspired by a post made by Kevin M on the Bogleheads forum. You may have heard of this rule of thumb about retirement savings priorities: Contribute to 401k (or 403b) to get the full employer match Maximize Roth IRA Maximize 401k (or 403b) Invest in taxable account Kevin asked why a Roth […]
Most people are better off contributing to a traditional 401k, not a Roth 401k. Here’s why.
You can report accrued interest from your I Bonds every year but it gets complicated in real life. Keep it simple and go with the default.