Cathy Marshall
If I find the next Amazon and earn $1 million, will my Roth IRA be taxed?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. I’m 50 years old and I opened up a Roth and started funding it with the yearly max...
Cathy Marshall
I didn’t get my stimulus. How can I get it on my 2020 tax return?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. I did not receive a stimulus check because my income was too high in 2019. My 2020...
Cathy Marshall
Can I take losses on my stocks and use the standard deduction?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. If you elect to take the standard deduction for the 2020 tax year, can you still...
Cathy Marshall
How can I get back a penalty taken for 401(k) withdrawal?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. I took a 401(k) distribution in April 2020 due to being laid off. At the time the...
Cathy Marshall
Do I have to eventually draw down my IRA account to zero?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. This past November I celebrated my 91st birthday. I take yearly IRA withdrawals....
Cathy Marshall
What happens to tax credits now that our home is in a trust?
By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. My wife and I are in our mid-80s. We live on a modest pension and social security...