Social Security Questions
State income taxes paid in error.
In 2015, at almost 59 years old I lost my job. I used money from my 401K plan to survive...
property tax deduction on 2 family home
If I purchase a two-family home with my adult son and we are both on the deed and he occupies..
Employment related Identity Theft Notice
I have recently received a notice from the Department of the Treasury that they believe another person used my social..
tax exemption for seniors?
what are the qualiforcations for senior taxexemption?
IRS standard deduction for 2018 taxes
Has it been passed into law that the standard deduction on the IRS form will be doubled for the 2018..
HELOC
Hi Tarry, I read your article in the UT-SD today about HEloc interest deductability. If my HELOC was originated and..
2018 Social Security Taxes
Will Social Security be taxed the same way in 2018 as it has been taxed in prior years?
tax reform
Good Morning Ms Savage, I checked the IRS withholding calculator, based on your recent column in the Chicago Tribune, and..
changes to the tax code
Hi, Terry have watched you for a long time on WGN. My daughter is halfway thru her Junior year of..
Ira withdrawals and tax brackets
I am 67 and retired 2 years ago. I am living on SS and savings so far. I paid no..
Rebalancing article
Can you talk about tax implications of rebalancing . Last time I rebalanced I got whacked hard with income taxes...
IRA Year Mistake
I made an IRA contribution in January of 2016 for my 2015 taxes, but it was coded as a current..
2017 Medical Expense Deduction
Not a question - a statement. Your column in the April 9 edition of The Denver Post w/regard to the..
Federal debt — Can the government pay its bills?
Can the federal government run short of dollars, and be unable to pay its bills?
election fear
I have heard some "experts" say that if Trump is elected, most of the 401k money will be gone due..
Tax on Social Security benefits?
I am a 78 year old woman, fully employed, receiving widow's pension from social security. Are my social security benefits...
Tax writeoff for health insurance?
Can I write off the cost of private health insurance on my tax return? Terry Says: There is no simple...
Have a $80k stock loss carryover
I am 85 and have had this carryover for several years.( was higher some years ago) but currently can only...
capital gains on sale of property
Hi Terry I read your column just about every week and my question to you is about capital gains. My...
tax brackets on capital gains
you mentioned in a brief article dated oct 2015 that the tax rates that one pays on capital gains are...