Wild Card Page 45

Wild Card Questions

stimulus check

Hi: I wonder if I may pose the following question to you: This past summer my wife and I both..

Selling Gold and Silver

I live in central Florida and need to sell some silver bars and inherited 18k and 24k jewelry but struggle..

Opting Out of Arbitration with bank

I recently saw you on WGN Morning News at 9. While discussing rights we have with our bank, you quickly..

Life Care Community Refund

Over 10 years ago, my elderly parents paid a large initiation fee for an apartment in a nationally owned Continuing..

Marriage After 50 years together!

My partner and I have been together for nearly 50 years. We’ve always maintained both of our resedences but spend..

Missing Accountant, business closed?

We have a quandry for sure and I would bet money that you can help. Some family had mineral rights..

Pre-tax transit account

Hello! Prior to pandemic had transit account. Took early retirement buy out offer. Age 68 & no longer use account..

fed. tax return

we filed in feb. received our refund in mar. but since i made 12,000 on unemployment i still never received..

Still waiting for stimulus

Hi, My son has not received the last 2 stimulus checks. He received the first one. He filed his 2019..

Incarcerated and Didn’t get all the refunds

I didn’t receive all the refunds because I was incarcerated and couldn’t file

Refund of Taxes paid on $10,200 of unemployment benefits

The Act stated that Federal Tax was not to be paid up to $10,200 on unemployment benefits. Any tax that..

Mail in someone else’s name

I received a piece of mail a little over a month ago and also a Good Housekeeping magazine (2 months..

I’m Dying. How do I withdraw money from My 401K?

Hi Terry, thank you for any help you can offer. I’m 62 I’ll be 63 on February 3rd 2021. I..

HSA 2022 Contribution limit over 55

Terry, I understand the contribution limit in 2022 is $7,300 and the catch up provision is $1000 for 55 and..

Cash

Should you keep cash on reserve in your home in case of an emergency (banking system not available, etc)? If..

IRS

Told by IRS to respond to 5071C. Told me I should call as my case cannot be completed online. Called..

SS benefits reversal

Sept 2020 filed for benifets because of covid reduced income. November filed for reversal because govt relief ppp But monthly..

Late Tax payment

My accountant submitted our taxes late, we got a charge for late payment and interest, I paid that and my..

Stimulus checks for dependent over age 17

My nephew was a student in 2019 and 2020. He filed his own tax return in 2020 making very little..

IRS refund — still waiting!

The IRS accepted my 2020 Tax Return in February. I still have not received my refund, and the only information..

money

ASK TERRY

a personal
finance question