Posts Tagged ‘Considered’
What mutual funds are considered a good investment?
16
Apr
I keep hearing that one should invest in mutual funds that are a combination of around 60% stocks and 40% mutual funds. Can someone knowledgeable in mutual funds recommend a company (like Vangard for Fidelity) that sells mutual fund that invests with this arrangement (60/40)?
Thanks guys….this is great advice….all of it. I will heed your guidance. Wonder when the bottom is going to drop out of the stock market again?
Is personal injury settlement considered in divorce in California?
30
Mar
I have been fighting a personal injury lawsuit for over 3 years and if I file for divorce is my husband entitled to my money?
What is considered a good personal injury settlement?
12
Mar
This was for injury from a car accident in Illinois. I was once told that a good settlement was 1.5x your medical bills. I’m looking for an “adaptable” estimate like the one above as the amount of injury can vary greatly and the medical bills are a good indication of that.
Is a personal injury settlement considered personal earnings?
01
Mar
I received a notice of wage garnishment. I’m no longer employed because I am on disability. Can the creditor garnish the money out of my Settlement from a work related injury case?
Can a lump sum settlement under Title VII for damages be considered as wages?
01
Mar
A lump sum amount that was awarded for damages can an employer file it under wages? And up to how much can it be taxed according to North Carolina labor law regulations?
Is income from a retirement annuity considered earnings when doing the SS earnings test?
28
Feb
I have several annuities and about to sign up for SS. Will income from my annuities reduce my SS?
Is an insurance settlement considered taxable income?
24
Feb
Wife was in an auto accident. Our attorney negotiated a small settlement with the insurance company. IRS claims we owe tax on the settlement because our attorney reported the settlement amount as nonemplyoyee compensation paid to us. I thought insurance settlements were nontaxabel income. Need help or the proper publication in the tax code to cite when I respond to the IRS. Thanks
What is considered taxable income?
19
Feb
I may have some income resulting from (three different) lawsuits and/or pre-trial settlements for three unrelated things:
1. Bodily injury from a car accident
2. Civil Rights violation (improper actions by police)
3. Illegal termination due to violation of FMLA
What are the tax implications from each of these lawsuits? What suggestions can you provide to structure settlements so they result in the minimum amount of tax owed (if any at all)?
For #3 above, the employer offered a severance package which if accepted, would result in normal payroll taxes as if I had actually worked during that period. I want to specifically structure the settlement so the monetary award is for something other than those wages to avoid the payroll taxes.
If A Mutual Fund Is Sold, Then Purchased Back Within An Annuity, Is It Considered A Wash Sale?
23
Sep
I want to sell a position, then purchase an annuity and allocate all the proceeds into the same fund within the annuity. Can I take a tax loss, or is that a wash sale?
After Someone Dies, Are Annuities That Are Part Of A Trust Considered Income The Beneficieres Pay Taxes On?
04
Sep
The Annuities have been cashed out and the question is if they are considered income the beneficieres have to pay Federal or State taxes on.