Social Security Questions
Reporting Interest earned on matured Savings Bonds on final maturity – and its tax implications
"When my Savings Bonds reach final maturity I understand from your recent column that I will have to report the...
Taxes and a Single Person
I am 60 years old, single, and making around $95,000 a year. I have a 401 and put the maximum...
Federal and CA state taxes
My mother in law is 82. She receives SS and a not to large pension from several jobs. Is she...
Unemployment Numbers lie!
After 30 years of service to my employer, my position was eliminated. As I continue to seek employment and nearing...
Chicago Pension Reform
Dear Terry, as you may know Gov. Quinn has until 6/9 to sign pension reform for part of Chicago's employees...
Property tax exemptions in Cook County
Terry, I live in Cook County Illinois. At what age does the Homeowners exemption for your primary residence take affect?...
Should my son file taxes?
My 15 year old son earned under $2000 this summer and his employer withheld federal tax. Is there any benefit...
Early Retirement Withdrawal
We decided to cash in one of our retirement Roth IRA Funds for 68,000 we have paid 5% to the...
Personal gifts per year tax free for the giver?
I understand that one can give away up to @$13,000 a year to any individual and that individual does not...
How Does Fed Add Money?
HOW DOES THE FED PUT MONEY IN THE STOCK MARKET ? I THOUGHT THAT THE FED CANNOT PURCHASE STOCKS, BUT...
EE Savings Bonds
Hello Terry, I am an 80 y.o. widow with a $19,000. annual income from SS & small pension , with...
Economic Outlook: Stack vs Dohmen
Terry, you take into consideration the opinions of James Stack and Bert Dohmen. Is Stack bearish or bullish? Is Dohmen...
File Tax return for low income senior?
I am now my mother's legal power of atty since my sister died last year. My mother is in a...
TAX FILING COMPROMISED — ID Theft!
I got a phone call from my tax guy this morning telling me that my tax filing was a victim...
Late Federal Tax Refund
I efiled my taxes on March 13th, thru AARP, to have it direct deposited. I got my state refund but...
