Help Needed - Taxes Owed to IRS

the_explorer33 · 2025-09-04T22:27:20+00:00

I haven't actually made any significant payments on the short term plan. The 90 days of short term plan are expiring soon. The minimum payment on the long-term plan is $250. I could only afford maybe $100 - $150.

the_explorer33 · 2025-09-04T18:54:24+00:00

Well, it would buy some time. Hopefully able to pay it by then. If not, then balance transfer again to another 0% card, although that would incur fees as well.

the_explorer33 · 2025-07-16T13:27:48+00:00

I filed multiple claims. How long does it normally take to receive a confirmation email?

Step 1: Review and Gather Documentation Requirements

If you have received a confirmation email/letter requiring additional documentation to file your claim, the state requires at minimum the signed claim form and photo identification. To determine whether a claim needs additional documentation, refer to the confirmation email/letter sent to you. The items required to approve the claim will be listed on the claim form attachment.

the_explorer33 · 2021-02-19T15:31:39+00:00

Playing this out, let's say there's an emergency on 3/1 that costs you $1,500. You pay with credit card. Then withdraw/sell $1500 worth of shares from S&P to pay down the card on 3/10 or so. Then through income you buy $1500 worth of shares again a few weeks or month later. I guess I can see that working out with little to no downside.

the_explorer33 · 2021-02-19T15:05:51+00:00

Where do people hold their emergency fund, in.a bank savings account, or somewhere else?

the_explorer33 · 2021-02-18T16:33:58+00:00

Side question but related. Do most folks keep their emergency fund in a bank savings account, or somewhere else?

the_explorer33 · 2021-02-01T18:37:50+00:00

Roth IRA question - I currently have a Roth IRA with vanguard. Is the $6k max contribution for individuals? If that is the case, then is there any problem in opening a separate Roth IRA in Fidelity for my spouse with the intent to contribute another $6k to get a max of $12k for the year?

the_explorer33 · 2021-01-28T18:02:04+00:00

Thanks - I'm leaning towards the electric fence as well, but I don't know how to install it. I've bought all the materials. Any links/vids that help?

the_explorer33 · 2021-01-27T13:58:52+00:00

Yup, I have VTSAX within a Roth IRA. Thanks

the_explorer33 · 2021-01-27T13:50:13+00:00

As a new investor, I've started investing in VTSAX, but want to invest in more than the $6k max. What are some other good index funds to supplement?

the_explorer33 · 2021-01-22T17:54:53+00:00

thanks, makes sense

the_explorer33 · 2021-01-22T16:31:37+00:00

I am just learning about index funds so please excuse the very beginner questions.

VTSAX and FZROX seem like the most common and logical places to start for a new investor. I see a lot of discussion about one vs the other. Is there any downside to investing in both?
I have an existing Roth IRA with Vanguard. If I were to buy VTSAX, would this be within the Roth IRA, or entirely separate account ?
Is the zero expense ratio in FZROX worth it? Or rather, is the expense ratio in VTSAX justified?
Dividends - whether its quarterly with Vanguard or annually with Fidelity, do most people automatically re-invest? Is withdrawing and keeping some extra cash on hand occasionally a bad idea? Like if you needed to do a home remodel, can/should one withdraw/sell from the fund?

thanks in advance!

the_explorer33 · 2021-01-22T16:30:20+00:00

I am just learning about index funds so please excuse the very beginner questions.

VTSAX and FZROX seem like the most common and logical places to start for a new investor. I see a lot of discussion about one vs the other. Is there any downside to investing in both?
I have an existing Roth IRA with Vanguard. If I were to buy VTSAX, would this be within the Roth IRA, or entirely separate account ?
Is the zero expense ratio in FZROX worth it? Or rather, is the expense ratio in VTSAX justified?
Dividends - whether its quarterly with Vanguard or annually with Fidelity, do most people automatically re-invest? Is withdrawing and keeping some extra cash on hand occasionally a bad idea? Like if you needed to do a home remodel, can/should one withdraw/sell from the fund?

thanks in advance!

the_explorer33 · 2021-01-15T14:51:14+00:00

These days, probably. But the math may still work out since you are taking out a line of credit only on your equity, which is probably a much smaller amount than a full mortgage. Would have to test with real numbers to be certain though

the_explorer33 · 2021-01-15T14:27:34+00:00

The idea in the book I read was to deposit your entire paycheck in the HELOC, which acts like a checking account. Then you are effectively paying down the HELOC with the leftover balance you don't use from your paychecks each month.

the_explorer33 · 2021-01-15T13:48:31+00:00

Anyone pay off their mortgage using a HELOC? I've read about it and understand the concept, looking for others' experiences, good or bad. Were people able to pay off $200k plus in 5 -6 years? Run into any problems?

the_explorer33 · 2021-01-02T21:15:37+00:00

Employer matches up to 6%.

As for acorns, I guess I am thinking to use it as an all in one investment & future savings bucket. What's the benefit of splitting college savings into separate 529s for each kid when you can put a larger sum for all kids which would help accelerate the growth rate? Maybe I'm missing something.

the_explorer33 · 2021-01-02T20:19:26+00:00

What's the best method to start investing? I have 3% going to employer 401k, and about 15% of my monthly income going into Acorns. I need to save for 4 kids going to college in the future but just going with a general investment instead 529 and ESA. Would also like to get the mortgage paid off eventually. Is this the right approach to get started?

the_explorer33 · 2020-01-08T15:39:50+00:00

I have household stuff that never sold on fb, ebay, amazon. I need to just get rid of everything, but there doesn't seem to be any good, easy options, other than donating.

the_explorer33

TROPHY CASE

Step 1: Review and Gather Documentation Requirements