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I Have Started My 20 20 Tax Preparation When Do You?

Discussion in 'Money & Finances' started by Lon Tanner, Jan 6, 2021.

  1. Lon Tanner

    Lon Tanner Supreme Member
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    Cody-----You have no idea how Financial Advisors are paid. I worked many years as a licensed degreed Financial Advisor. You assume a hell of a lot about people.
     
    #16
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  2. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
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    Whatever, Lon. Where you live isn't cheap, now is it?? With you posted how much it costs per month to live there, anyone can figure out something, even with the insurance paying part of it.

    Now, on with your question.
     
    #17
  3. Lon Tanner

    Lon Tanner Supreme Member
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    You are still just guessing.
     
    #18
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  4. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
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    Well, they are paid much, much more than minimum wage! Lon, I looked this up online and, for an income of $50,000, it is 1.2% of that. They get paid pretty descent.
     
    #19
  5. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
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    IOW, Lon, you make enough in retirement and much more than many Seniors do. Can we now get back to your question.........please!
     
    #20
  6. Hoot Crawford

    Hoot Crawford Veteran Member
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    Cody - this thread is about 2020 tax returns - please MYOB and get back on topic.
     
    #21
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  7. Lon Tanner

    Lon Tanner Supreme Member
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    Once again you are wrong. They can also be paid a hourly rate like a lawyer. a straight commission per product sale..

    You are a wealth of mis information my friend.
     
    #22
  8. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
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    Hoot, anyone who knows me on this forum, 100% knows that I don't/won't MYOB!! LOL
     
    #23
  9. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
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    Then tell the Internet it's wrong..........not me! I just quoted what I read. LOL

    And, by the way, just how many years ago did you work as a Financial Advisor? Don't you know we are now in 2021 and some things, including salaries, change?
     
    #24
  10. Lon Tanner

    Lon Tanner Supreme Member
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    Nothing wrong with the internet but you only used one source to find what you were looking for, but let me tell you that there are many different ways for Financial Advisors to be paid.I worked for 35 years and stay informed to this day. I just received $$ in my checking account this morning for advice that I gave before I retired.
     
    #25
  11. Cody Fousnaugh

    Cody Fousnaugh Supreme Member
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    Ok...........I give up! LOL
     
    #26
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  12. Frank Sanoica

    Frank Sanoica Supreme Member
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    My wife and I receive 4 stipends a month. She, her S/S benefit, me, my two corporate pensions (totalling $92 monthly (!), and my S/S benefit. Combined, we come in just under federal poverty level, and thus file no tax returns, nor pay any income tax.

    I vowed FOR YEARS I would achieve paying NO income tax to the Washington parasites; now, we're there.

    Frank
     
    #27
  13. Sheldon Scott

    Sheldon Scott Supreme Member
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    To answer Lon's query:
    I haven't filed a tax return in 8 years.

    For Cody
    My income is low enough that I don't have to file a tax return but I do have a financial advisor. It doesn't cost anything to hae a financial advisor. She doesn't charge anything for giving advice. She gets a commission when you buy or sell whether you follow her advice or not.
     
    #28
  14. Von Jones

    Von Jones Supreme Member
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    As soon as I get my 1099-R which should be soon or maybe not with the way USPS has been lately. Hmmm, I wonder if they ever thought about sending them through e-mail.
     
    #29
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  15. Hal Pollner

    Hal Pollner Veteran Member
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    Ain't filed no tax return sence I was 71, thirteeen year ago.

    Hal
     
    #30

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