29 items | 6 visits
Bob Furst's List: finances
-
-
-
Illinois state tax
Your pension is not subject to Illinois state income tax. Rules in other states vary. To find out if your pension is subject to state tax and how your pension income must be reported on your state income tax return, you can view IMRF's most current list. NOTE: Please check with that state’s department of revenue for the most up-to-date information before making a final decision.
-
Filing Illinois state income tax returns
Because your IMRF pension is not subject to Illinois state income tax, you should enter the federally taxed portion of your pension (from your Form 1099-R) as a subtraction on Form IL-1040, “Illinois Individual Income Tax Return.” This line is designated as retirement and Social Security income (line 5 on the 2008 IL-1040).
In order to show that your IMRF pension is subtractable, you must include a copy of page one of your US 1040 or 1040A form with your Illinois state income tax return. If you fail to attach a copy of the US 1040 or 1040A, your entry will not be allowed.
Please note: Even though you may have no other taxable income, the Illinois Department of Revenue requires that you file a return if you are an Illinois resident.
-
-
-
-
-
U.S. Treasurys currently have yields ranging from less than half a percent for two-year notes to just over 3% for 30-year longbonds. Compare that with corporate bonds, which offer yields average around 4% for investment grade debt, and 8% for riskier high yield bonds.
-
-
-
In fact, a third choice that I think you might find quite appealing immediately comes to mind: A Roth IRA without a sales charge. Can you get with that?
-
-
Jan 31, 11
The scenes from the protests in Egypt look eerily similar to ones that swept Iran 32 years ago, which led to the establishment of an anti-western Islamic Republic.
-
The scenes from the protests in Egypt look eerily similar to ones that swept Iran 32 years ago, which led to the establishment of an anti-western Islamic Republic.
-
Mohamed El Baradei, who won a Nobel Peacce Prize for his leadership of the IAEA, is now leading the opposition groups' newly formed steering committee. El Baradei, who is critical of President Obama's reluctance to call for Mubarak's resignation, is pushing for a peaceful transition to democracy, which has alleviated some fears on Wall Street and Washington.
-
-
-
-
The strategy: Cut the cost of the stuff you need to buy.
-
1. Groceries. Buy store brands when possible;
-
-
-
Long-time Occupant Homestead Exemption (LOHE) – Cook County Only
-
occupied for 10 continuous years
-
List Comments
(0)
List Info