Friday, March 3, 2023

Best free tax filling software

 

Best free tax filling software

Some of my readers have used https://www.freetaxusa.com/freefile2022/ from the IRS list of Free file offers https://apps.irs.gov/app/freeFile/browse-all-offers/. Once you start using this software, you can file and print from it. It also retains the non-private items (name of bank, mutual fund and employer) so you don’t have to reenter the same name address, phone, IRS number next year. I personally have used this company for 7 years and have never had a problem. Since my tax return is a little more complicated than most, I pay only $15 for the state filing. The Fed return is still free. Compare this to the $500 I used to have to pay a person to compete all the forms. Most paid preparers charge by the page so filing can be expensive. I still pay $15 even though last year’s page count was over 40. Since I use direct deposit my refund hits my bank about 2 weeks after I file. The software is written without jargon so I have only had to ask the company for help once. They answered within 36 hours. Now that most filers do NOT itemize, the software helps you take all the other deductions available. Try one of the Free File firms. Then use a FREE preparer like AARP to compare the outcome. You can always cancel before you “submit” if you don’t like an answer. Be aware that some tax preparers lure you with “Free” but hit you with a bill at the end. Even if you don’t need to file, there are 4 tax benefits available. I volunteer in the AARP tax aide program and my best advice is to use last year’s return as a guide to make sure you include all items. Do your return yourself. Then you can always pay someone if the numbers are not close to last year if nothing has changed. Some pandemic $ stopped. BEST: use a Tax Free retirement account to avoid paying anything.

https://www.amazon.com/New-American-Retirement-System-ReserveTM/dp/1461030072

 

Two more states adopt “best interest” standard annuity sales model

Illinois and Georgia adopted rules requiring a “best interest” standard for annuity sales and recommendations based on a model designed by the National Association of Insurance Commissioners (NAIC). But remember, the “best” annuity as far as the sellers and their companies are concerned may not be the best strategy for you. Government protections that “safeguard consumers while also ensuring that middle- and working-class families retain access to annuities” may be the “best” compromise for insurers but their annuity strategy for life-time income may not be the best “life-time income” strategy for you. Insurers are not going to point you to other options unless they were true fiduciaries like a lawyer. They are not—they are salespeople. The “ensuring … retain access to annuities” means having large enough commissions so the industry can make a profit. One of the critics of the “best interest” regulation called the rule “one of the most anti-consumer actions” taken by the commission, arguing its “best interest” standard was woefully insufficient. You need to learn about alternatives for steady income.

https://www.amazon.com/NO-Cost-Annuity-Years-Income/dp/1508487308

 

GOP future world of “freedoms”

Based on what we have been promised, this is the GOP way of life:

Women can’t have leadership roles in religious life

Women are “free” to have more kids ONLY: men decide control of women’s bodies

Women are “free” to be forced to have children they can’t care for

Poor families denied help: SNAP ends for millions

One radical group decide NOT to pay our national bills, pay for Medicare or SS benefits,

One radical group decide NOT to defend democracy from Putin

Potential president bans books he doesn’t like and courses for more intelligent folks

GOP to make sure almost anyone can carry a gun any where any time

Blaming gay people for Hurricane Katrina: Nikki’s spiritual leader

God sent Hitler to create Israel Nikki’s spiritual leader

Women are only good for childbearing and motherhood. Nikki’s spiritual leader

GOP starves IRS: so never stop wealthy tax cheats like Bezos, Musk, Buffett, Trump

 

 

 

Smash the myths about long-term care insurance

7 in 10 (70%) of people who turn 65 today will probably need some kind of long-term care. It is the “some kind” that is true. LTCI sellers quote this stat so you can imagine most people need expensive facility stays. Among people who live to age 65, one in four 25% would spend at least one year or more in a nursing home or other type of long-term care facility. Medicare covers inpatient care. It covers skilled nursing care for a limited time (on a short-term basis). It covers care in a long-term care hospital (comprehensive rehabilitation, respiratory therapy, head trauma treatment, and pain management). After being discharged from the long-term care hospital, many people get one of these: Care in a skilled nursing facility or Custodial care in a long-term care facility. Medicare may cover both inpatient and outpatient rehabilitation after an operation, as well as in-home care. Your recovery time is influenced by your age, health, and the complexity of the operation. Medicare Part B (medical insurance) helps pay for medically-necessary outpatient rehabilitation including outpatient physical therapy. You generally pay 20% of the Medicare-approved amount and the Part B deductible applies. While your hospital stay may only be for a short time, you may need assistance when you return home. Medicare can provide home health care services to help you during your recovery. Medicaid will pay for full long-term care, but individuals will essentially be required to redeem their assets and spend down most of their cash prior to becoming eligible for Medicaid. About 14 million people need some sort of long term care. However, 85 percent, live in their own homes or with relatives.

Consider alternatives: https://www.amazon.com/Long-term-Care-Insurance-Updated-2013/dp/148274001X

 

Avoid these scammers’ “hooks”

We are susceptible to get rich scheme of all types. However, these are dead giveaways. There are no new ideas in becoming wealthy. We are all seeking the wealth to alloy us to live in “freedom” without a money worry. Think about it—why would someone you don’t know be offering you such a ‘great’ deal? Even “guaranteed” “secrets” of the super smart financial person? The stock market or any other market can’t provide returns over 12% over the short-term and return of 12% usually takes time. Social media is not a source of financial wisdom. However, a smart guy like Warren Buffett took years to attain an average return of over 19%. His strategy costs nothing in 8 steps. The pressure of “secret” and “urgent” response is not likely to come your way. If you can’t understand their means of high profits, it is not good for you to trust them. If there is money due upfront or you don’t need expertise, you have a scam. Pyramids take your money and tell you to sell what you bought. Your recruits are just creating competition for yourself.

More money scams: https://www.amazon.com/Money-Scams-insurance-financial/dp/1505437962

 

 

?**********ACCOUNTABILITY**************?

 

 

Like 1776, this period is a test of democracyWe rejected an "American fascist" once

 

 

The Path to Dictatorship: 2010-2030

 

Parallels of this era in the past may hint at our future: democracy breaks apart legally

 

 

Jan 21 2010 Corpor­a­tions’ election-spending unlim­ited

Billionaires paid $881 million for votes in 2022 midterm elections

 

Nov 2020 Wealthy discredit election process

 

Nov 21 2020 Trump’s Plans for a Coup: criminal

 

Nov 21 2020: Trump plan: US Marshals seize voting machines

 

Jan 6 2021 Direct assault failed: guns & bombs ready

 

Trump engaged in a "criminal conspiracy" to stop Biden

 

I don’t f—ing care that they have weapons

 

Trump was “detached from reality”

 

Trump used mafia-style intimidation on the defenseless

 

Trump still terrorizing election woman

 

Parscale: “a sitting president asking for civil war.”

 

Trump: “Just say the election was corrupt and leave the rest to me” 

 

GOP fascism: “RINO hunt armed; no bagging limitJ6 comm threat

 

January 6, 2021A date which will live in infamy

 

Trump’s Supremes END personal rights & state laws except for weapons WMDs

 

Fascism: GOP to stop women leaving state for abortion

 

It’s not a court. It’s a junta: Two Americas

 

Trump: President Biden is 'enemy of the state'

 

Christian Nationalist Party (CNP) replaces GOP

 

Nov 8 2022 Trump’s “national revolution” failed

 

Nov 15 2022 Trump announces for 2024 to avoid lawsuits

 

Dec 3 2022 Trump: cancel Constitution rules so ‘I win

 

Jan 2025 Dictator pardons himself: his Supremes agree

 

 

How Govt wastes our money:

We’re buying stuff so Feds to hike interest rates but my CC is already at 20.99%?

McCarthy sold his fairness to Tucker @Fox for “promised” blessing

If IRS can let rich avoid paying tax, poor students can avoid loan terms till job comes

 

$39 Billion subsidies to wealthy MS, Intel, etc to make chips for profit: they have cash

GOP states: Texas to reclassify voter mistakes (wrong place) to felony not misdemeanor

 

 

SCAMS/SPINS:

DeSantis leads Trump for the party's nomination: two dictators running

DeSantis way: "Make America Florida" Blueprint for America's Revival

DeSantis, Pence to skip CPAC so they don’t have to take Trump abuse

 

How easy to set up fake info picture on social media: everyone believes; no checking

Some sellers demand SS numbers to tell IRS but IRS says “no need.”

 

TX judge/ideologue could ban abortion pill in whole US: half abortions done by pill

TX Sen. Hall scares Fox: five or six balloons enough to take out the entire US. Really?

Apple iPhone Passcode Can Be Used to Drain Your Bank Account

Nissan recalls 809,000 SUVs key problem causes ignition to shut off while driven.

Cosori recalling 2 million air fryers for fire risk

 

 

9 Retailers with the Most Misleading Sale Prices: often not a “sale” at all. “Verify”

Nature’s Bounty, Sundown caught misleading reviews

CryptoZoo caught never existed yet promoted by Logan Paul: 25 greedy celebs sell soul

TD Bank caught aiding Allen Stanford’s $7 billion Ponzi scheme: fine no jail

Huntleigh Advisors and Datatex Investment breached fiduciary duty: 12b-1 fee: fine

FutureAdvisor and other robo-advisors that have closed up shop

 

Avoiding the fake banker/funds rep asking for your info to clear your account

Avoiding The Asset Recovery Scam

Spot a ‘Get Rich Quick’ Scheme

Army picked broker to manage life payouts: he lost most of $750,000 taking commission

House GOP goes after Fed workers who lost $ millions of pandemic aid:

Food stamps ends today: 32 million Americans pushed off a "hunger cliff"

 

High Fees that Cut Public Benefits: prepaid cards costly to receive benefits

 

Jobs

Visiting Disneyland every day for 2,995 days and doesn’t even work there

14 Jobs for People Who Like to Stay Up Late

 

 

Who owns your account now?

Buffett’s letter to holders of Berkshire Hathaway: 19.8% return from 30+ companies

Best and Worst states to retire into: FL, GA, MI, OH, MO

Taxpayers can approve power of attorney or tax information authorization requests online

Buying your first home: tips to make best decision: avoid life-time mistake

 

Miracles:

Over the last 50 years, the marriage rate in the U.S. has dropped by nearly 60%

Long COVID Looks like a Neurological Disease, Helping Doctors Treatments

average gift reaching $6.23 from Tooth Fairy

How does the brain age across the lifespan

link between migraines and blood sugar levels; geneticists unravel

 

 

 

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Our Universe is Mind-Blowing

Light is both a particle and a wave depending on how we look at the light.

I don’t think that there is any such thing as a position or a velocity of a particle.

Everything (galaxies to stones) in universe made of subatomic energy ‘vibrations’

A subatomic ‘particle’ is the smallest possible vibration (quantum) of a quantum field.

 

Mass–energy equivalence: E=mc^2.  At the smallest level; Everything is moving a little

Energy into matter: scientists converted light energy directly into matter in one step

Physics Nobel Prize: “entanglement” 2 particles share info instantly at a distance

“It may be that gravity and quantum mechanics are exactly the same thing,” Leonard Susskind

Gravity might induce the collapse of quantum vibrations into 1 quantum state—our world

 

There is no TIME at this level because of force fields come and go in all directions. 

Universe expanding: events may not come together like they did before.

Inside protons, neutrons, it is the fields of the virtual particles that creates its mass.

Gold made from neutron stars: collisions produce more neutrons:79 protons,118 neutrons

The proton is so complicated science still finds new energy entities/forces every year.

 

“Empty space is a boiling, bubbling brew of virtual particles that pop in and out of existence in a time scale so short that you can’t even measure them.” Space expanding.

The electricity we use comes from the field around the wire not from election itself.

Scientists build 'baby' wormhole as sci-fi moves closer to fact: inside quantum computer

starts-with-a-bang/universe-expansion-not-accelerating/

 

 

 

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We can apply for Medicare online: https://blog.ssa.gov/apply-for-medicare-online

We can apply for Social Security online: https://www.ssa.gov/benefits/retirement/

We can apply for health care online: https://www.healthcare.gov/

 

IAN

973.746.2014

http://www.theinsidersguides.com/

Alerts available at http://dankeppel.blogspot.com/

 

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