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Bernie is an unprincipled mandarin
Comments
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Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick. -
Hey Damone, Bernie sounds like is virtue signaling?
Pay up Bernie...
The classic, I will pay up when everyone else has to.
Stand by what you preach.. Bernie boy. -
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick. -
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
I never knew burger flipping had this kind of income! Must be the tips.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
Hondo's friends are well known for being stupid
-
He should have taken the L on this one yesterday instead of doubling down.RaceBannon said:Hondo's friends are well known for being stupid
-
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
Ok Mike. Then explain to me in your words what 1202 does.MikeDamone said:
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
I have twice used the exclusion on gains I realized form a C corp my uncle was the CEO of. And you’re a fucking idiot.2001400ex said:
Ok Mike. Then explain to me in your words what 1202 does.MikeDamone said:
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
I call bullshit but whatever.MikeDamone said:
I have twice used the exclusion on gains I realized form a C corp my uncle was the CEO of. And you’re a fucking idiot.2001400ex said:
Ok Mike. Then explain to me in your words what 1202 does.MikeDamone said:
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
Yeah, whatever.... lol. Take the L and move along. This was an ass kicking in front of everyone. You’re probably too stupid to be embarrassed.2001400ex said:
I call bullshit but whatever.MikeDamone said:
I have twice used the exclusion on gains I realized form a C corp my uncle was the CEO of. And you’re a fucking idiot.2001400ex said:
Ok Mike. Then explain to me in your words what 1202 does.MikeDamone said:
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
Hondo getting absolutely torched
-
He is pathological liar who is incapable of shame.MikeDamone said:
Yeah, whatever.... lol. Take the L and move along. This was an ass kicking in front of everyone. You’re probably too stupid to be embarrassed.2001400ex said:
I call bullshit but whatever.MikeDamone said:
I have twice used the exclusion on gains I realized form a C corp my uncle was the CEO of. And you’re a fucking idiot.2001400ex said:
Ok Mike. Then explain to me in your words what 1202 does.MikeDamone said:
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
Take the L? You are funny little man. Yes Mike. I live my life, spend my money, have fun. And don't know every IRS rule. Wow, you got me. So embarrassing.MikeDamone said:
Yeah, whatever.... lol. Take the L and move along. This was an ass kicking in front of everyone. You’re probably too stupid to be embarrassed.2001400ex said:
I call bullshit but whatever.MikeDamone said:
I have twice used the exclusion on gains I realized form a C corp my uncle was the CEO of. And you’re a fucking idiot.2001400ex said:
Ok Mike. Then explain to me in your words what 1202 does.MikeDamone said:
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
Good God dude just stop2001400ex said:
Take the L? You are funny little man. Yes Mike. I live my life, spend my money, have fun. And don't know every IRS rule. Wow, you got me. So embarrassing.MikeDamone said:
Yeah, whatever.... lol. Take the L and move along. This was an ass kicking in front of everyone. You’re probably too stupid to be embarrassed.2001400ex said:
I call bullshit but whatever.MikeDamone said:
I have twice used the exclusion on gains I realized form a C corp my uncle was the CEO of. And you’re a fucking idiot.2001400ex said:
Ok Mike. Then explain to me in your words what 1202 does.MikeDamone said:
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
Ok!CuntWaffle said:
Good God dude just stop2001400ex said:
Take the L? You are funny little man. Yes Mike. I live my life, spend my money, have fun. And don't know every IRS rule. Wow, you got me. So embarrassing.MikeDamone said:
Yeah, whatever.... lol. Take the L and move along. This was an ass kicking in front of everyone. You’re probably too stupid to be embarrassed.2001400ex said:
I call bullshit but whatever.MikeDamone said:
I have twice used the exclusion on gains I realized form a C corp my uncle was the CEO of. And you’re a fucking idiot.2001400ex said:
Ok Mike. Then explain to me in your words what 1202 does.MikeDamone said:
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA? -
Still going here? Tell me more about how you are maxing out your 401k but make too much for a Roth. Mr CPA.2001400ex said:
Take the L? You are funny little man. Yes Mike. I live my life, spend my money, have fun. And don't know every IRS rule. Wow, you got me. So embarrassing.MikeDamone said:
Yeah, whatever.... lol. Take the L and move along. This was an ass kicking in front of everyone. You’re probably too stupid to be embarrassed.2001400ex said:
I call bullshit but whatever.MikeDamone said:
I have twice used the exclusion on gains I realized form a C corp my uncle was the CEO of. And you’re a fucking idiot.2001400ex said:
Ok Mike. Then explain to me in your words what 1202 does.MikeDamone said:
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA?
If your have to chose between saving and spending to “live your life” that’s fine until you start bragging about being a big shot. You’re pathetic. And yes. I exposed you. You dumb Fuck head. -
It's got time mothafucka
-
Hondo is a bot or Kim.
You have had two different names for your burger joint neither of which exist. Both names you provided show on Google, Yelp or Trip advisor Bozeman.
You can't keep any of your stories straight none of which are coherent.
There is no way you are intentionally saying this stuff in a serious manner. You are just fucking around here for some reason.
No one could go on spewing total non sense this long. -
Da fuq are you talking about? I've never even said it was a burger stand let alone tell anyone the name. El oh El you are funny.jecornel said:Hondo is a bot or Kim.
You have had two different names for your burger joint neither of which exist. Both names you provided show on Google, Yelp or Trip advisor Bozeman.
You can't keep any of your stories straight none of which are coherent.
There is no way you are intentionally saying this stuff in a serious manner. You are just fucking around here for some reason.
No one could go on spewing total non sense this long. -
I recall you saying it's a burger joint.2001400ex said:
Da fuq are you talking about? I've never even said it was a burger stand let alone tell anyone the name. El oh El you are funny.jecornel said:Hondo is a bot or Kim.
You have had two different names for your burger joint neither of which exist. Both names you provided show on Google, Yelp or Trip advisor Bozeman.
You can't keep any of your stories straight none of which are coherent.
There is no way you are intentionally saying this stuff in a serious manner. You are just fucking around here for some reason.
No one could go on spewing total non sense this long. -
Bragging about being a big shot? Haha no. Why so angry?MikeDamone said:
Still going here? Tell me more about how you are maxing out your 401k but make too much for a Roth. Mr CPA.2001400ex said:
Take the L? You are funny little man. Yes Mike. I live my life, spend my money, have fun. And don't know every IRS rule. Wow, you got me. So embarrassing.MikeDamone said:
Yeah, whatever.... lol. Take the L and move along. This was an ass kicking in front of everyone. You’re probably too stupid to be embarrassed.2001400ex said:
I call bullshit but whatever.MikeDamone said:
I have twice used the exclusion on gains I realized form a C corp my uncle was the CEO of. And you’re a fucking idiot.2001400ex said:
Ok Mike. Then explain to me in your words what 1202 does.MikeDamone said:
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA?
If your have to chose between saving and spending to “live your life” that’s fine until you start bragging about being a big shot. You’re pathetic. And yes. I exposed you. You dumb Fuck head. -
I maintained throughout 2016 that I hated Bernie's politics but respected his character. I appreciated that he was an honest communist unlike most on the left and believed he was someone who would do what he said he would do which I respected, even if I didn't want what he said to be accomplished.
Fuck me was I wrong.
Blackeye for @dnc IMO.
#SMOD2020 -
Hi. Your words. Embarrassing2001400ex said:
Bragging about being a big shot? Haha no. Why so angry?MikeDamone said:
Still going here? Tell me more about how you are maxing out your 401k but make too much for a Roth. Mr CPA.2001400ex said:
Take the L? You are funny little man. Yes Mike. I live my life, spend my money, have fun. And don't know every IRS rule. Wow, you got me. So embarrassing.MikeDamone said:
Yeah, whatever.... lol. Take the L and move along. This was an ass kicking in front of everyone. You’re probably too stupid to be embarrassed.2001400ex said:
I call bullshit but whatever.MikeDamone said:
I have twice used the exclusion on gains I realized form a C corp my uncle was the CEO of. And you’re a fucking idiot.2001400ex said:
Ok Mike. Then explain to me in your words what 1202 does.MikeDamone said:
What’s hilarious is you bragging about maxing out your 401k and not being able to fund a Roth, only to find out you have no clue about Roth contribution and being to poor to fully fund your retirement accounts because you spend your money, I don’t need to look up section 1202 because I use it (Unlike you having to google Roth’s). You act like 1202 is some kind of mystery secret. It’s not. It’s common knowledge. Fuck face.2001400ex said:
It's hilarious that I spend my money and invest in things other than 401k/IRAs? Ok! It's actually hilarious that you are playing Rich guy but don't consider people can invest in other ways outside of IRAs. Look up section 1202.MikeDamone said:
Lol. I’m well aware of what CPAs do. And you bragging about making so much money that you max out your 401k and can’t contribute to a Roth is hilarious. You need a better tax preparer, because the one you have seems as dumb as you.2001400ex said:
I don't advise people on taxes. I don't even do my own taxes. The best part about your comments...... You are the idiot that thinks CPAs mostly do taxes. You see Mike, you don't even need a CPA to do taxes. However you need a CPA to do audits, which is what I do. Well I do a bunch of stuff, but tax planning isn't one of them.MikeDamone said:
Lol. A CPA who didn’t know about getting around Roth limits. Hopefully you don’t advise people on taxes. Holy shit. This is comedy gold.2001400ex said:
I am a CPA and I spend the money I don't put into 401k and IRA (but I might need to rethink that part). Well I have a couple investments outside of 401k under section 1202. But I might not see anything on either of those.MikeDamone said:
Brag to us all again about how your maxing out your 401k and make too much to contribute to a Roth. Dumbfuck.2001400ex said:
Lol nice victory lap. And yes like I said, I am not maxing out all my options so I haven't explored everything. That is interesting and I might have to look into that. Although I'm in the tax bracket where I'm better to not do Roth, and set something up through my business.MikeDamone said:
Glad you finally googled it. Idiot. They are the same Roth though. There is not a type of Roth called a back door Roth. It’s simply the method you contribute to the account which, in practice removes all income restrictions. So when you said you couldn’t contribute to a Roth you were either stupid or lying. Maybe both.2001400ex said:
A normal Roth IRA is income limited. You can do a backdoor Roth IRA.MikeDamone said:
They “charged the rules” years ago you fucking idiot. A Roth is effectively not income limited. You brag about how much you make only to find out you don’t have a decent accountant and are too poor to fund your retirement opportunities.2001400ex said:
That first sentence is either ignorance or a lie from you. Yes a Roth is income limited, after a certain income, you can't put anything into a Roth IRA. I also just found out that they changed the rules on traditional IRA. I'm still trying to figure it out, so I'm glad we had this discussion. Apparently, if you have a retirement plan at work, a traditional IRA deduction gets phased out as well. I haven't gone back to my 17 return to check it and I haven't filed 18 yet.MikeDamone said:
Hondo claims he makes to much to fund a Roth. He doesn’t. No one does. He won’t answer to his ignorance. But he wanted to be a big shot acting like he exceeded the Roth income levels because he makes so much. Only to find out he lives beyond his means and doesn’t know how Roth’s work. Then he disappeared as usual.SFGbob said:
Hondo is the worst of at least two or three worlds. A lying moron with a really big mouth.MikeDamone said:
Hondo won’t answer the question Re: his Roth. Is a anyone surprised. Ignorant AND a liar. AbundanceLebamDawg said:I, too, am poor and winey (and occasionally beery)
Edit: to keep on subject of this thread - I am also unprincipled
I have a Roth and I also 401K which I max out on each year. My only regret is that like most, I didn't start contributing to it earlier. Unlike Hondo, I don't think anyone else should be paying for my retirement or my healthcare and I save accordingly. Could I take the family on a two week vacation to Hawaii? Yeah, but I'm not going to do it. I'd rather use that money to invest, fix up my house and save for college for my 3 kids.
Hondo being the liberal piece of shit he is feels that I should pay more taxes so that I can subsidies parasites like him who want others to pay for his healthcare and retirement.
And I chuckle at "he disappears a usual". Lol it was Friday night shitdick.
You can do an Roth and set something up through your business. Both. But you probably can’t afford it.
So you’re not a CPA?
If your have to chose between saving and spending to “live your life” that’s fine until you start bragging about being a big shot. You’re pathetic. And yes. I exposed you. You dumb Fuck head.
“However I'm able to max my 401k, max my IRA (can't do Roth), go on a week long vacation every year (this year cruise to Belize), and get a new car every 3 years. ”
