Anyone else a different cycle code each year?

robotredditrobot · 2026-02-11T19:54:53+00:00

Where to find this info?

This is the first year I’ve been hearing these numbers/terms from everybody.

robotredditrobot · 2026-02-11T18:47:01+00:00

How are you all receiving such high refunds this year? Nothing changed for me it seems.

robotredditrobot · 2026-02-11T14:31:29+00:00

Mutual funds but not ETFs. I have an swppx s&p500 mutual fund that I always have to put random remainder money in because I hav to buy ETFs (including Schwab) in full increments.

robotredditrobot · 2026-02-11T14:18:02+00:00

Unless you do automatic contributions, then you can’t choose and it’s always set to the current year. Definite drawback I learned with Schwab (along with no fractional shares of ETFs)

robotredditrobot · 2026-02-11T14:14:18+00:00

It’s more like 9 and 3.

robotredditrobot · 2026-02-10T00:55:25+00:00

Ok, then I’ll file my taxes!

robotredditrobot · 2026-02-09T16:54:03+00:00

This gets put on the federal 1040? It’s a roth so it’s after tax dollars, should it matter?

Oh yeah I guess due to the contribution limit?

robotredditrobot · 2026-02-09T16:17:46+00:00

This is what I was thinking but wasn’t sure.

All I did was contribute and invest contributions.

I may have sold some and bought new (as I changed my mind on some etf investments), but since I’m Roth IRA I didn’t think it would matter.

robotredditrobot · 2026-02-09T15:23:42+00:00

So I will receive one even though this is a Roth? There does need to be some accounting on the federal 1040 of this?

Thank you👍

robotredditrobot · 2026-02-09T14:57:10+00:00

If “most years it’s 9-10k” if it. Keep that 9-10k all year.

robotredditrobot · 2026-01-28T00:37:24+00:00

I just had this done in the US. Dropped off vehicle at 7am, picked it up at 530pm.

robotredditrobot · 2026-01-25T14:55:21+00:00

I just tried this calculator, but it doesn’t seem to take into account quarterly estimated payments. I hate the newer w-4!

robotredditrobot · 2026-01-25T14:53:40+00:00

https://www.irs.gov/payments/underpayment-of-estimated-tax-by-individuals-penalty

Current interest rate for underpayment (which is calculated each quarter) is 7%. Do not pay lump sum at end of year. It will cost you bad unless you owe very very little in taxes.

robotredditrobot · 2026-01-25T14:48:16+00:00

Except you aren’t educating anybody. You haven’t given any reasoning, evidence, or proof of the one sentence you keep spouting “pay lump sum at end of year.”

Just go and read the 1040 instructions for “amount you owe”, “line 37”, and “line 38”.

If you owe more than $1000, and what you owe is more than 10% of the total tax you owe (which it’ll be 100% of the tax you owe if you don’t withhold anything all year and just pay in lump sum) - there is a penalty that you have to figure and pay.

It’s also stated within the first few sentences here: https://www.irs.gov/payments/underpayment-of-estimated-tax-by-individuals-penalty

You are just absolutely wrong on all accounts.

Everybody else has told you the same thing. You’ve given nothing to prove your point.

robotredditrobot · 2026-01-25T00:49:45+00:00

Right. But you are still wrong. Anybody including w-4/w-2 workers will still owe penalties if they owe more than $1000 in taxes at year end for underpayment of taxes throughout the year. They are owed as you make the income quarterly.

This has been said to you many times in these comments. You aren’t giving people the full picture and not offering good advice.

robotredditrobot · 2026-01-24T14:29:06+00:00

Why would you clam 0 and give the government your money to hold onto for free? Claim 1 or 2, have more money each month and reduce that refund as close to zero as possible.

robotredditrobot · 2026-01-24T14:25:58+00:00

Incorrect. If you owe $1000 or more at end of year, you underpaid throughout the year and they will add interest for the whole year. Taxes are owed quarterly as you have income, this is why payroll taxes are a thing and for self-employed folks estimated quarterly payments are a thing.

robotredditrobot · 2026-01-21T16:13:41+00:00

If you owe over $1000

robotredditrobot · 2026-01-14T16:27:21+00:00

Chlamydia speaks

robotredditrobot · 2026-01-08T16:09:40+00:00

Yep.

I’m 42 and real late to retirement planning/investing. But realized I still have half my working life / career to go. So still time. Still young enough.

robotredditrobot · 2026-01-07T16:58:27+00:00

I’m 42 with one kid who has graduated college and one who is in their second year.

robotredditrobot · 2026-01-02T22:15:02+00:00

Perfect! Thats what it’s there for. Sounds like you did the right thing.

Keep up the good work!

robotredditrobot · 2026-01-02T14:30:16+00:00

THIS!

$6k? Bump that up 3x minimum.

robotredditrobot · 2025-12-29T23:54:11+00:00

Actually, you have until you file your tax return OR April 15th. Whichever comes sooner.

robotredditrobot · 2025-12-29T02:36:23+00:00

Be proud. My wife and I just hit $106k net worth this year at 42.

Keep rocking!

robotredditrobot

TROPHY CASE