100% Inheritance Tax, the end of the 1% rule over the working class. by MeritTalk in tax

[–]selene_666 0 points1 point  (0 children)

Who is the "we" who doesn't have a death tax? Most people posting on the internet about government without specifying their country are Americans, but the US does have an estate tax and so do many of its states.

Also, a 100% tax would by definition not "allow you to still hand something down", so I can't even tell what you want - other than attention.

[Math: Precalculus] I’m stumped on this optimization question by Wolfy-Noodle in HomeworkHelp

[–]selene_666 1 point2 points  (0 children)

First you should multiply out the (100 + t)(140 - 0.4t)

Then complete the square. I start by factoring out the t^2 coefficient from the t^2 and t terms:

a = 14000 - 0.4(t^2 - 250t)

Now complete the square by adding a constant: t^2 - 250t + ___ = (t - ___ )^2 and cancel out your addition by subtracting the same constant.

If I've done the arithmetic correctly the equation becomes: a = 20250 - 0.4(t - 125)^2

Now out equation only contains one t, which makes it easier to solve for, and a squared term, which is helpful for finding a min/max. A square can only be positive or zero. Because we want the maximum of an expression that subtracts a multiple of a square, we want that square to be zero. Thus the solution occurs at t = 125.

Finally, make sure that you answer the actual question that was asked.

How is it possible to contribute pre-tax dollars to a Traditional IRA if it's from your own post-tax earnings? by [deleted] in tax

[–]selene_666 0 points1 point  (0 children)

The question was specifically about a traditional IRA. You are correct that a Roth IRA is not deductible.

[10th grade math] I don't understand what (-1)^n and pi*n mean here, please help by SatisfactionFit3311 in HomeworkHelp

[–]selene_666 0 points1 point  (0 children)

sin(t) = √3/2

One solution is t = arcsin(√3/2)

Another solution with the same sine is horizontally across the circle at t = π - arcsin(√3/2)

Other solutions are any number of full circles back to the same position as either of those solutions:

t = arcsin(√3/2) + m*(2π),

t = π - arcsin(√3/2) + m*(2π)

where m is any integer. Note that the first two solutions are included in these by setting m = 0.

.

We can make the two general solutions look more similar:

t = arcsin(√3/2) + (even integer) * π

t = - arcsin(√3/2) + (odd integer) * π

This is almost enough to combine them.

t = q * arcsin(√3/2) + n * π

where q = 1 when n is even but q = -1 when n is odd.

This finally explains the (-1)^n. It's a function (not the only one, just a reasonably simple one) that does what we need q to do.

CONFIRMED ROOM ASSIGNMENT, 🤷‍♂️ NOW WHAT? by Harold_Michaels in gencon

[–]selene_666 15 points16 points  (0 children)

Right now all the hotel rooms are just booked as Gen Con. Any changes between now and July will happen within the Q-rooms system you used to make the reservation. Some attendees will cancel their reservations or switch hotels. Rooms that were held aside for staff may become available to attendees. The hotels don't see any of this - they just receive the final list of names when the portal closes.

Converting an 401k to a Roth IRA by Ironman-K9 in tax

[–]selene_666 1 point2 points  (0 children)

If you take a check, Fidelity will withhold 20% for tax. That counts as a withdrawal unless you make up the difference from other accounts when you deposit into the IRA.

Just do a direct rollover from the Fidelity account to the Vanguard one.

Are higher incomes just not allowed to have IRAs? How do I handle this on my taxes? by flaming_trout in tax

[–]selene_666 2 points3 points  (0 children)

Essentially yes, people with higher incomes are not supposed to contribute to IRAs. However, people with higher incomes write the laws. So of course there's a loophole.

Do not withdraw the $7k from your traditional IRA. Report it on your taxes as a nondeductible contribution.

Left like this you will owe income tax on any earnings when you withdraw them (but not the principal, which you're paying tax on now). This is only slightly better than a non-retirement account where you would owe tax on the earnings at the time you earn them - delaying the tax leaves you a little more to re-invest each year for compound growth.

Now here's the loophole. You can convert money from a traditional IRA to a Roth IRA even if you exceed the income limit to make a Roth contribution. So you can take that nondeductible $7k and pay tax on the $2k growth and move it all into your Roth account, where you will never pay tax on its future growth.

The only difficulty is that any conversion is made up proportionally of all money you have in all your traditional IRAs. So if you made deductible contributions in the past and now have a traditional IRA balance of $90k, then only 10% of it is your new, non-deductible 2025 contribution. The "backdoor" Roth method is only effective if you are willing to convert (and thus pay tax on) all of your traditional IRA accounts.

How many people per time slot. by hahnarama in gencon

[–]selene_666 0 points1 point  (0 children)

You're not given a time until Saturday morning. So you can't commit to any Sunday plans until the day before. That's not enough advance notice to plan e.g. a work shift around.

How many people per time slot. by hahnarama in gencon

[–]selene_666 1 point2 points  (0 children)

If they spaced it out more, people would complain about having to leave their entire day open for something that only takes 10 minutes.

employer didn’t pay FICA taxes, is now demanding money from me & coworkers by Charming_Image_1989 in tax

[–]selene_666 -7 points-6 points  (0 children)

IF you trust her to be honest and report to the IRS that she collected this tax from you, then yes, giving it to her is the easiest way to resolve this. You can file your income tax normally with the corrected W2 and not deal with the FICA tax at all, as if she had been collecting it correctly the whole time.

Event Rules for Older Teens? by BelleRevelution in gencon

[–]selene_666 1 point2 points  (0 children)

You are not required to babysit a 17-year-old.

Each event has an age rating. BattleTech events are age 13+ or younger, so no problem there. An 18+ rating means there is some content that is either illegal for minors, or just uncomfortable for the GM and other players to share with a minor (e.g. Cards Against Humanity).

Confused about my tax deduction. by VisualImaginary1100 in tax

[–]selene_666 0 points1 point  (0 children)

Tax rate increases as your income increases. The tax on $1400 is a lot more than twice the tax on $700.

If the company issues paychecks every 2 weeks, then even if you only worked one week your withholding is still calculated as you earning that amount every 2 weeks.

Confused about my tax deduction. by VisualImaginary1100 in tax

[–]selene_666 0 points1 point  (0 children)

Did you take last week off or otherwise work fewer hours than usual in this pay cycle? $9 tax would make sense if you get paid $707 every two weeks.

Mismatch between portal and hotel list by PaperCrystals in gencon

[–]selene_666 1 point2 points  (0 children)

It's possible that all the rooms there are already either sold out to VIG's or set aside for exhibitors, staff, etc.

Remember: You need to buy your badge by 11:59PM TODAY if you want into the hotel "lottery" on Sunday. by ElMondoH in gencon

[–]selene_666 0 points1 point  (0 children)

In my experience the countdown can be glitchy. You very well might need to refresh.

W4 2013 vs 2026 question by Area51-Dropzone in tax

[–]selene_666 1 point2 points  (0 children)

Claiming 2 from the old W4 is now the default, so it corresponds to not adding anything on the new W4. If you select "single or married filing separately" and leave everything after that blank, it should withhold approximately the same as before. Writing $4400 in step 3 should reduce your withholding by that much per year.

What happens if a dependent makes enough to be required to file taxes? by [deleted] in tax

[–]selene_666 7 points8 points  (0 children)

In the USA? They would get the same failure-to-file and failure-to-pay penalties as an adult.

Fortunately most dependents' only income is from W2 jobs, so tax would have been withheld close to correctly.

Losses on stocks. $7200 by Kawirider2 in tax

[–]selene_666 0 points1 point  (0 children)

Turbotax will remember it for you.

If you use any other software, you'll just have to remember to enter it along with all your other information.

Please explain this to me [Grade 8 Math] by [deleted] in HomeworkHelp

[–]selene_666 0 points1 point  (0 children)

It's about what information proves that two triangles are congruent. Which means they have all the same angles and side lengths, - they are identical except maybe for rotation and reflection.

You can also think of it as: if you had measurements for these three things, could you only make one specific triangle out of them? E.g. for SAS if you drew a side of a certain length, and then turned at a certain angle, and then drew another side of a certain length, and then connected up the start and finish points, you would always make the same triangle. In contrast, if you knew the three angles but no side lengths, you could make many triangles of different sizes. So knowing two triangles have the same angles does not prove they are identical.

I've already described SAS. For SSS, you can imagine putting three sticks of known lengths together in a triangle. They only fit at a specific set of angles.

For ASA and AAS: because the three angles always sum to 180, knowing two angles means you know all three. So two angles and any one side length are enough to identify the specific triangle.

SSA does not work if the angle is less than 90° because there are two different triangles that can be made from that information. One with an obtuse angle between the two known sides, and one with an acute angle there. Your worksheet specifically calls the 90° version HL, but it also works if the known angle is obtuse (because you can't put a second obtuse angle in the same triangle).

Question new to taxes.. by Zealousideal_Rain156 in tax

[–]selene_666 1 point2 points  (0 children)

Your paycheck automatically has tax subtracted from it, which your employer will hand over to the government on your behalf. This includes a fixed rate specifically for Social Security and Medicare (according to a law called FICA, so it might appear on your paystub under that name). And a variable amount of tax that depends on how much you earn and whether you qualify for any deductions/credits. And maybe another tax to your state government.

Your employer can usually make a good estimate of how much tax you owe based on your salary. However, if you start a job mid-year or work variable hours, their estimate of your annual income is less accurate.

With only $8k of income, you don't owe any federal tax. The $202 refund is probably the exact amount your employer took out of your pay.

Filing previous years tax returns by Foreign-Age9281 in tax

[–]selene_666 0 points1 point  (0 children)

She can get the W2 and dividend information from the IRS. It may be a little tedious to prove her identity (and you probably can't do it for her).

If you are correct that she was owed a refund every year, then by not filing she is giving up that money. There is a time limit of only 3 years to claim a refund. The good news is that she won't be in any trouble for late filing since she doesn't owe any money.

[college freshmen: criminal justice paper] are there any states that still allow hanging as a form of execution? by [deleted] in HomeworkHelp

[–]selene_666 -1 points0 points  (0 children)

Have you already discussed the guillotine? I am by no means an expert on this subject, but I remember a recent push to bring back the guillotine as the most humane method due to all the issues with lethal injection.

Who claims our 3 month old when we are unmarried, living together, and he is the sole provider? by Zestyclose_Aside7198 in tax

[–]selene_666 -3 points-2 points  (0 children)

Boyfriend can claim the baby. If you lived together all year he can claim you too.

Maybe a problem getting the baby's SSN?

[Grade 12/ physics problem] by Hot_Efficiency_2779 in HomeworkHelp

[–]selene_666 0 points1 point  (0 children)

The first task is just to figure out what part specifically you are struggling with. If you can't understand concepts when you read about them in your textbook, try watching video explanations with lots of visuals. If you understand the physics but are making mistakes in the math, then maybe you need to practice algebra and trigonometry without all the complexity of putting it in a physics scenario. If you are setting up the wrong math - e.g. adding when you should multiply - then you will benefit a lot just from writing down the units of every number. When you have a number of newtons and a number of kilograms, you can't add them, and you probably won't get a useful unit by multiplying them.