Menu
Home
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Media
New media
New comments
Search media
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Home
Forums
Starting Out
New Blog Posts
Disturbing news on Chase Credit Cards
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
Reply to thread
Message
<p>[QUOTE="Annie H., post: 296793, member: 542"]</p><p>It's kind of like a divorce-- don't co-mingle funds and they will generally be safe<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" data-shortname=";)" />. But that's not the answer that Amex wants so I'm not sure what good IRA income would do you other than to take the chance-- some do--to include the income in your "reported income" on an application. I report accrued interest on I-bonds on my tax return. I can't get that money until I sell the bonds. </p><p></p><p>Back in my accountant days, 75% of folks justified taking questionable deductions by saying "I always do it and IRS never says anything." Duh!!! It works until it doesn't-- or until you get audited-- or FR??? </p><p></p><p></p><p><a href="http://www.bankrate(dot)com/finance/credit-cards/can-credit-card-company-garnish-ira.aspx">http://www.bankrate(dot)com/finance/credit-cards/can-credit-card-company-garnish-ira.aspx</a></p><p><a href="http://www.nytimes.com/2009/04/02/business/retirementspecial/02CREDIT.html?_r=0">http://www.nytimes.com/2009/04/02/business/retirementspecial/02CREDIT.html?_r=0</a></p><p>[/QUOTE]</p>
[QUOTE="Annie H., post: 296793, member: 542"] It's kind of like a divorce-- don't co-mingle funds and they will generally be safe;). But that's not the answer that Amex wants so I'm not sure what good IRA income would do you other than to take the chance-- some do--to include the income in your "reported income" on an application. I report accrued interest on I-bonds on my tax return. I can't get that money until I sell the bonds. Back in my accountant days, 75% of folks justified taking questionable deductions by saying "I always do it and IRS never says anything." Duh!!! It works until it doesn't-- or until you get audited-- or FR??? [URL]http://www.bankrate(dot)com/finance/credit-cards/can-credit-card-company-garnish-ira.aspx[/URL] [URL]http://www.nytimes.com/2009/04/02/business/retirementspecial/02CREDIT.html?_r=0[/URL] [/QUOTE]
Insert quotes…
Preview
Name
Verification
What is the greatest credit card of all time, with 2x on Dining and Travel? (from Chase)
Post reply
Home
Forums
Starting Out
New Blog Posts
Disturbing news on Chase Credit Cards
Top