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re: Dammit - I got an unexpected $3000 check in the mail

Posted on 4/6/14 at 9:43 am to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 4/6/14 at 9:43 am to
quote:

College savings for the kids?

No kids.
quote:

Max out the HSA if you have one?

Already done.

I guess I shouldn't complain about unexpectedly not being able to deduct on three thousand, but it still annoys me.
Posted by Smalls
Southern California
Member since Jul 2009
10245 posts
Posted on 4/6/14 at 9:48 am to
Take the SO on an unexpected weekend getaway?

What general line of work are you in, BTW?
This post was edited on 4/6/14 at 9:50 am
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35683 posts
Posted on 4/6/14 at 10:01 am to
You have to pay taxes on it anyway so why not start a DRIP with it? You'll probably be in the same boat next year so use the excess to fund the DRIP.
Posted by Dusty Bottoms
Guadalajara
Member since Nov 2006
933 posts
Posted on 4/8/14 at 1:05 pm to
quote:

I guess I shouldn't complain about unexpectedly not being able to deduct on three thousand, but it still annoys me.


No, you should complain. It is an unfair, poorly thought out law that needs to be repealed. And it (1) limited your retirement savings, (2) increased your taxable income, most importantly (3) increased your tax liability $750-$1,000.
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