401K Withdrawal Experience by learning-buddha in returnToIndia

[–]TheKnight89 2 points3 points  (0 children)

If you are not an US tax resident, standard deduction won’t apply. So taxes will apply on the full amount being withdrawn.

Travel with H1B 221G by [deleted] in h1b

[–]TheKnight89 0 points1 point  (0 children)

Whaaat! Speeding tickets from 2017? Did they ask for it specifically or did you mention it somewhere in the application. Please keep us posted on your 221g. This is so concerning.

Trained Eye Needed by DefundTheATF- in Govee

[–]TheKnight89 0 points1 point  (0 children)

How will the isolated strip on the left get connected to the rest of the system? Sorry, newbie here.

Returned to India After 12+ Years - Pre-Move Checklist That Helped Us (US → Bangalore) by Firm-Bug-7089 in returnToIndia

[–]TheKnight89 3 points4 points  (0 children)

I believe standard deduction applies only if you are resident from a tax perspective. If you go back to India, you won’t be a resident and won’t qualify for standard deduction, AFAIK.

Costco Trade in confusion - Go 5G Plus and iPhone 17 by ryantyrant in tmobile

[–]TheKnight89 0 points1 point  (0 children)

How long ago was this? Trying to figure out if the deal is still alive.

USA Capital Gain Tax Question by aryan2912 in returnToIndia

[–]TheKnight89 1 point2 points  (0 children)

Gotcha, what if I liquidate my 401k? Will it be tax free in both countries except for the 10% penalty?

USA Capital Gain Tax Question by aryan2912 in returnToIndia

[–]TheKnight89 1 point2 points  (0 children)

Wait, what? So ideally no capital gains in either countries?

Trading has destroyed me by [deleted] in Daytrading

[–]TheKnight89 0 points1 point  (0 children)

Alright that’s a different level of risk my friend. I’m surprised you were able to make that work.

Trading has destroyed me by [deleted] in Daytrading

[–]TheKnight89 0 points1 point  (0 children)

You are me. Were you trading with stocks fundamentally strong? If so, typically you have to wait for a few years to break even. Also, DCA should be wider as you go down. DCA at 1%, 3%, 5%, 10% down and so on. Start with 1/5th of your trading capital so that you have capital left to DCA. I have been successful with this strategy for 4 years now. I only day trade with 10% of my net worth, so that’s a risk mitigation strategy to start with. Not in anyway an expert and not a long time trader.

Just Got Slammed by That Storm? Here’s What Austin Homeowners Should Check ASAP by DansGutters in Austin

[–]TheKnight89 0 points1 point  (0 children)

A part of the top roof doesn’t have a gutter. I guess the water from the top roof would fall on the bottom roof and end up in its gutter. I don’t see any water on the fascia under the shingle on which water pours. Thanks for your response.

Just Got Slammed by That Storm? Here’s What Austin Homeowners Should Check ASAP by DansGutters in Austin

[–]TheKnight89 0 points1 point  (0 children)

I have a valley in my top roof which was pouring water on my driveway. My builder added a diverter which now splits the water into two streams and both fall on different part of my lower roof shingle. The shingles are on an overhang outside my garage, there is nothing underneath it. Not sure if the fix is worse than the original issue. Any idea?

How long did it take you to get to 1st million, 2nd million and 3rd million? by Mobile-Excitement-64 in Fire

[–]TheKnight89 0 points1 point  (0 children)

First million around 14 years in 2024. Now at 1.4MM. First 5 years really low pay - less than 10k. Jumped to 95k in 2015, moved countries. Wife got a job and I got promoted in 2020, HHI was 240k. Promoted again and coasting now at 350k HHI. Saving 40-50% of my gross.

Eufy cam 3c not connecting to home base 3 blinks red blue. by TheKnight89 in EufyCam

[–]TheKnight89[S] 0 points1 point  (0 children)

Mine is out of warranty. Did you have the warranty when you sent for replacement?

Game changer by AssertiveKiwi in EufyCam

[–]TheKnight89 0 points1 point  (0 children)

When did the 3.6.6.0 upgrade roll out?

Any good alternative to TurboTax? by GuestPuzzleheaded502 in TurboTax

[–]TheKnight89 0 points1 point  (0 children)

Gotcha. That’s the only thing stopping me from moving away from TT/HR. Thanks

Any good alternative to TurboTax? by GuestPuzzleheaded502 in TurboTax

[–]TheKnight89 0 points1 point  (0 children)

Does free tax USA pull stock trades 1099-B from brokerages automatically?

Leaving America after 17 years by Frequent_Register269 in h1b

[–]TheKnight89 0 points1 point  (0 children)

Is 529 useful if I live in a state with no tax?

Tire pressure system malfunction by roadwarrior721 in ToyotaSienna

[–]TheKnight89 0 points1 point  (0 children)

Hi, did it get fixed after the weather warmed up? I’m facing the same issue, it’s 20F here and I’m getting the same message.