he is also estimating - he has no idea how his investments will perform in 2014
Snails - Response on Threads Part 3
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he is also estimating - he has no idea how his investments will perform in 2014
Yeah. But I think I'm entitled...from what I estimate now....but I can't prove it. They want me to prove a future prediction (and asked for information.)
WTHeck?
WTHeck?
that's more than a lol, frannie - that bear outdid himself
Thank you! Thank you very much!
Like this? ...
Fido is zonked already.
He's here in the computer room....sleeping! I'll have to help him move one more time yet...out of this room...when I go to sleep.
He changes sides pretty well throughout the night by himself, so no problem there.
He's here in the computer room....sleeping! I'll have to help him move one more time yet...out of this room...when I go to sleep.
He changes sides pretty well throughout the night by himself, so no problem there.
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My investments could tank or skyrocket. It's not part of the equation.
I'm doing controlled distributions, keeping any capital gains at or below 16K for the year. And since the gains are "only" between 15-20% of any distribution, it means I could take APPROXIMATELY 80K-106K to live on... which I do not need AT ALL. So... what will happen at tax time is my MAGI will be way below 16K. Now THAT may prove interesting... or not. (It's too late in the day to get into scenarios.)
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~~~~ @ bear
frannie, i use wunderground classic view for keeping tabs on a day to day basis but check out fb https://www.facebook.com/WxRisk for developing events
frannie, i use wunderground classic view for keeping tabs on a day to day basis but check out fb https://www.facebook.com/WxRisk for developing events
On the NY exchange, there is a question along the way that wants to know if 2014 income will be similar to 2012 (yes, 2012). I, of course, said "no".
There is then a series of questions about projected 2014 income. They followed the 1040 form pretty much re: all sources of income (taxable interest, capital gains, state refunds, etc etc etc etc etc). I just put in the applicable-in-2014 numbers from 2012, and used capital gains making up any difference to make the total exactly 16K.
They asked for no proof at all along the way. They HAVE proof because they DO have access to your 2012 information. Job income, unemployment income, and all the rest. But since I said "no" to "will 2014 be similar to 2012", it seemed to satisfy the system.
If you do the $16K thing, you will be eligible for "cost sharing"... and you NEED TO GO WITH SILVER to get ANY cost-sharing benefits.
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