Lounging By The Beach - Part 4

[JustaGuy]

Hello Pothole.



Yes, jj, my mom is on SS, but I haven't volunteered to do her taxes yet.

p.s. I'm sure your SS rep explained to you the amount you receive depends on when you start the payments. Even if you started it, you can still give it back and wait to receive a bigger payment at a higher age. It's a "gamble".

 

[potholerepairman]

Thanks. I don't know all the loopholes.

The way I understand it, the government expects you to make a certain level of income as a retiree. If your income including SS payments exceed that amount, they want additional taxes. VG's friend could be getting income from other sources.

hello Jus, that guidance is golden

 

[100%VG]

Hi VG.

Don't mind me. I'm hovering.

Aloha, JaG. How you do dat?

Thanks. I don't know all the loopholes.

The way I understand it, the government expects you to make a certain level of income as a retiree. If your income including SS payments exceed that amount, they want additional taxes. VG's friend could be getting income from other sources.

She is, from one source, but it's never as much as they Claim it is. She has to Prove what she earned. Why don't they just look at the Fed. Tax Return?

 

[jj2]

Hello Pothole.



Yes, jj, my mom is on SS, but I haven't volunteered to do her taxes yet.

Well shame on you!!

I DON"T BLAME YOU!!!!!!!!!!!!!

 

[jj2]

Aloha, JaG. How you do dat?



She is, from one source, but it's never as much as they Claim it is. She has to Prove what she earned. Why don't they just look at the Fed. Tax Return?

That would be the smart thing to do which is why they probably don't!

Sort of the same thing as a doctor reading your file.

 

[100%VG]

A few years back in Las Vegas, Cheap Trick along with several other music celeb's with a full orchestra put on the first live production of Sgt. Peppers lonely hearts club band album... I was there and it was incredible.

I saw Cheap Trick live in NOLA back in the late 70's. They were awesome then. I'll bet is was a fantastic show!!!

 

[JustaGuy]

Aloha, JaG. How you do dat?



She is, from one source, but it's never as much as they Claim it is. She has to Prove what she earned. Why don't they just look at the Fed. Tax Return?

Who is bugging her about taxes, SS or the IRS? I'm sure the IRS already has her tax return. I don't know about the SS auditing process, haven't heard it.

Well shame on you!!

I DON"T BLAME YOU!!!!!!!!!!!!!

If I do that for her, she'll just give you know who the credit too.

 

[jj2]

Who is bugging her about taxes, SS or the IRS? I'm sure the IRS already has her tax return. I don't know about the SS auditing process, haven't heard it.



If I do that for her, she'll just give you know who the credit too.

Am I being dense here? Who?

 

[100%VG]

Who is bugging her about taxes, SS or the IRS? I'm sure the IRS already has her tax return. I don't know about the SS auditing process, haven't heard it.

It's SS trying to pay less by demanding she give some of it back. She Proves what she made and that's the end of it, or it has been.

 

[potholerepairman]

Hello Pothole.



Yes, jj, my mom is on SS, but I haven't volunteered to do her taxes yet.

p.s. I'm sure your SS rep explained to you the amount you receive depends on when you start the payments. Even if you started it, you can still give it back and wait to receive a bigger payment at a higher age. It's a "gamble".

Thats a point that blew up a siblings love of the 47%,
my mom having to play the stockmarket(lottery) for catfood at an old age.the fact is scared a hard core gives me hope

 

[Sgt. Pepper]

Aloha, JaG. How you do dat?



She is, from one source, but it's never as much as they Claim it is. She has to Prove what she earned. Why don't they just look at the Fed. Tax Return?

I could answer that but I won't. Why? Because I'm here to bring "Joy to the World"... and because "you know I love the ladies."

 

[Glam]

Good evening, Beachers.....all of my bellies are full. I ate too much dinner.

Have no idea who is here.....so hello to all.

 

[potholerepairman]

 

[jj2]

Hello Glam.

How did you know my belly was full?

 

[100%VG]

Good evening, Beachers.....all of my bellies are full. I ate too much dinner.

Have no idea who is here.....so hello to all.

Hello Glam. Glad all you Bellies are full. I'll be eating later.

 

[JustaGuy]

Am I being dense here? Who?

I thought we just talked about this couple days ago? Mom thanked me for making her good money with her portfolio, adding on that she thanks a higher power. I told her I spent years studying investing.

 

[Sgt. Pepper]

I saw Cheap Trick live in NOLA back in the late 70's. They were awesome then. I'll bet is was a fantastic show!!!

Ahhh, Orleans. If I could tell you some stories. lol The jazz festival in April and mardi gras. I haven't been back since Katrina and doubt I'll go back, but I've had my times there. One cannot explain what it is like to be there during mardi gras.... it's incredible. Actually, I have photos... it's amazing what cheap plastic beads can do. lol

 

[Glam]

Hello Glam.

How did you know my belly was full?

Are your bellies full too, jj? This is how I feel!

 

[jj2]

I thought we just talked about this couple days ago? Mom thanked me for making her good money with her portfolio, adding on that she thanks a higher power. I told her I spent years studying investing.

Yes we did. I was trying to think of someone of on this earth!

Besides that was a couple days ago!

 

[JustaGuy]

Thats a point that blew up a siblings love of the 47%,
my mom having to play the stockmarket(lottery) for catfood at an old age.the fact is scared a hard core gives me hope

I couldn't like that post for the "cat food" part. The SS was never meant to cover full retirement expenses. I do not include SS in my projections, just in case.