I think that generation of graphics cards had issues with the fans seizing, and it is easier just to get the exact same thing on eBay, then I don’t have to deal with tracking down and installing new drivers.</p>
<p>I was helping DS with his return last night, and was disappointed to find out Schwab included no basis information for the mutual funds I sold in his college fund last year - even for purchases as recently as 2011. I had to dig out the spreadsheets and figure it out.</p>
<p>Does the IRS still let you put VARIOUS as the acquisition date when you have multiple purchases spread out over the years that you are selling all at once?</p>
<p>The limit appears to be a function of income and the AMT. I’m not completely sure how it works though. It may be that I might not be able to get these credits back. We don’t have enough in itemized deductions to make it worthwhile to take a deduction at this point. That might change in the future if we move and our property taxes go up.</p>
<p>AMD and nVidia have unified drivers these days. You do one huge download and it has everything in it.</p>
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<p>Just curious as to why so many people use Schwab when they seem to have more tax issues than the cheap, online trading places.</p>
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<p>I don’t think that the tax software lets you do this but I just pick a date in the year and add everything up. I used to aggregate my entire trading record for the year when I did a ton of trading. I was not going to type in thousands of trades into tax software. TurboTax imports transactions so it’s not an issue anymore. The IRS hasn’t complained about those returns. If they did, I’d be happy to send them copies of my transaction records.</p>
Inertia. This was a UTMA account I started for him a few years after he was born. Too much trouble to move it to a different company. Haven’t added money to it in years except for reinvesting distributions.</p>
<p>Most of our stuff is now at Fidelity. I don’t trade very often, and mostly mutual funds, so trading costs aren’t really an issue. I actually like Schwab’s UI a little better, but at some point I will roll what’s left at Schwab and eTrade to Fidelity just so everything is in one place.</p>
<p>Spent some time trying to figure out son’s residency and got that squared away. The more interesting conversation with MA DOR was on telecommuting. Son works some days from home (out-of-state) via telecommuting. Employers don’t want to break that out on multiple W-2s so Non-Residents can get a letter from their employer stating that the employee works from another state for x-days per year and so those aren’t taxable in MA. I asked my son if he wanted to do that and gave him the amount that he’d save in doing so. I don’t think that he cares about it but I haven’t received an answer from him. The thing is that tax software can’t handle this “side letter” apportionment so the MA return would have to be done by hand.</p>
<p>Just about to send in my returns (prepared the envelopes) and I get a corrected form from Ameritrade - Capital Gains distributions. So I have to open up the return again and start digging around.</p>
<p>Do the numbers have to match exactly? We have a small account, I mean really small at Wells Fargo that produces a few hundred dollars of annual income. They just mailed 1099 today. I doubt we will get it in time. For the last 20 years, it didn’t change much from year to year. I am wondering if I should use last year’s numbers and hope for the best.</p>
<p>You can ask the IRS on June 1 to mail or fax you all amounts attributed to your SSN. We’ve had our accountant do this because my dad does some trades in my SSN and otherwise makes our taxes crazy.</p>
<p>Igloo, no harm in trying. If you don’t have a Wells Fargo online account register online now. Then log-on, play with the site, the various tabs and there may be a 1099B pdf form you can download.</p>
<p>If you are getting a refund, mailing the return in late is really no big deal. However, if you owe, just mail in a little bit more than you think you’d owe just in case, and file later and apply the difference to the following year. People stress too much about this.</p>
<p>Hoping someone here knows the answer to this.</p>
<p>We are thinking about opening up an after-tax IRA for both H and me. If we open this up before the 15th, we can contribute money for last year (2012) and then later on, add the money for this year. Since both of us have 401Ks at work, we won’t qualify for a tax deduction. But, will we have to include the information that we contributed to this after-tax IRA in our taxes? I’ve already filed our taxes for the year and hate to think that I need to amend the returns.</p>
<p>Do you qualify for a Roth IRA? That would be your best bet because it really won’t affect your taxes for 2012. If you don’t, and have no other IRA’s, you can contribute to a traditional non deductible IRA and convert to a Roth. If you do, you might not want to do that because you’d have to pay tax on a portionof it.</p>
<p>If you do contribute to a traditional IRA and can’t deduct it, you now have “basis” in the IRA and must keep track so you don’t pay tax on that portion when you finally take a distribution from it.</p>
<p>arisamp - Yes, you have to include Form 85xx titled non-deductibe IRA something or other. Easy to look it up. That way when you withdraw you have basis documented that were already taxed.</p>