Recent content by VFK57

It is difficult to get money back from the IRS on any amendment you might make to the original Tax Return. I usually do an estimate on our Taxes on the Turbo Tax with the income we have and send quarterly the estimates.

If we are going to look at our budget deficit ($1.8 trillion) than surely $1billion is nothing. A question is: How soon it might be until they will destroy the US$ by issuing freshly printed money, without economy adding adequate goods and services to cover the freshly printed $$$.

That is what I think I will do, since my 2 complains did not resolve anything.

Tax year 2022

The K1 report for the loss was mailed in yearly June 2022 vs before April 17, 2022. That why I needed to make amendment Form 1040X and file it by mail in early June 2022.

The TurboTax Premier, I use for Taxes, allows only one Filing over electronic transfer and I am sure it is not delayed so long because of mail. In 1993 I was looking for a better pay as HVAC Tech and got 2 offers. One is local county job for the office of education, the other for manufacturing...

In Jan 2022 DW and I decided to invest in California Pistachio and Almonds Farm (Ranch#10). We read a great presentation about the world growing demand on that products and projected returns were extremely attractive. However, in Jan 2023 there was a huge loss within 1 year of operation. The...

Margaret Thatcher was one of the smartest politician GB had. Yes our Government (GOP or Democrats) were spending during last 2 decades as there is no tomorrow. I am not going to speculate but the enormous National DEBT and Budget deficit is destroying USA and the back bone of the country - the...

When people make plans, G.d may laugh at it, an old well known proverb. DW and I have A Trust and it goes to our only son, who is going to decide on our 3 grand kids: who deserve what. Our son manage 58 techs and 6 supervisors at his job. We hope he will manage properly our inheritance.

I do not want to discourage you but high return is in most cases is a high risk of losing an investment. About 3 years back, I invested in one of the well to do, large oil company Lukoil, no warning of de listing from E-Trade, it was de-listed and the investment was frozen after Russia attacked...

Original estate planning was done in 2001 for $1,700. In 2022 we decided to update it as our only son was married and with grand kids. To update the estate we were quoted from $3,000 to $5,000. We got a $3,500 charge, because the lowest price comes with poor reviews and wise versa.

Agree, that the Gold does not go up. We do have Gold Funds what supposedly should cover an investment by Gold, when requested and in reality they return an investment in Gold only on investment amount of over $1mil., the rest of investors (majority) will get only paper Gold - shares or US$ if...

Most countries, which try to schedule return Gold from USA vaults are trying to do it asap. Also, it is not a news but many Central Banks are increasing purchases of Gold vs the past, when they bought mainly US$ for reserves.

In regard to India, Russia refuses to sell oil in India rupees, while India and China are two major if not only customers. They sell it in Yuan, starting July 2023. Other BRICS countries, including many candidates also do not trade in rupee but easily accept Yuan and also want a new currency...

They have already trade internally with their own currencies swaps but plan to organize a new common currency backed by Gold, Nat resources and goods. USA GDP =$24 trillions (backed US$), EU GDP=$18.8 Trillions (backed Euro) BRICS GDP= $31.5 Trillions will back new currency. Since 2008 we...