billjam’s Activity

Sun Apr 5


Boards Post

billjam replied to the Tax Strategies board. 10:34 AM

Re: Withholding Rules

Opv, like you I have a spreadsheet that usually is accurate within $100 of tax owed. My income comes from SS, IRA distributions, and investment income. The latter is hard to estimate, at least the capital gains. Long ago I opted to skip withholding [more]

Wed Apr 1


Boards Post

billjam replied to the Tax Strategies board. 5:51 PM

Re: Paying tax on IRA distributions

Depending on your other income, IRA distribution may trigger taxes on Social Security benefit. Assuming you are not already taxed on 85% of your SS benefit, every $ of IRA distribution would make 85 cents of SS taxable until you hit the max. In that [more]

Sun Dec 14


Boards Post

billjam posted to the Retired Fools board. 11:08 AM

SS Benefit Change Notice

SO got her notice a couple weeks ago. It included a Medicare Part B penalty rate, which she is protesting, and local office thinks will be recinded. I still haven't gotten my benefit change notice. I won't have any Medicare issue so I wouldn't have [more]

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Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 1845
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Threads Started 376
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Most Frequent Board Retired Fools
Very First Post Re: Up, down or sideways? (3/28/1999)
Percentage of Posts Rec'd 45.64 %
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