#limit

What is the SALT limit for property taxes in 2023 vs 2024

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What is the SALT limit for property taxes in 2023 vs 2024 I owe a ridiculous $15,000 in property taxes this year. I am trying to figure out what is the maximum amount of taxes I should pay during the 2023 fiscal year to get the maximum income tax write off https://ibb.co/vXQnCMp As you can see from the screenshot; $5,351.74 + $2,371.67 must absolutely be paid by December 11, 2023 However with the secon…

Reddit Personal Finance 1.2k 2023-12-16

Reaching my limit…how will our lives be down to 1 income?

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Reaching my limit…how will our lives be down to 1 income? I (44) am a HS dropout out, but through a series of luck I managed end up in a decent career as a procurement manager where Ive been doing this role for 16yrs. I make 80k, 5week vacation, WFM so its not a bad deal and Ive become very good at my job that requires very little work. Problem is I work for a bunch of not very nice people and theyve w…

Reddit Personal Finance 245 2023-10-05

Planning to buy a house. Unsure of how much I should put down / what my purchasing limit should be.

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Planning to buy a house. Unsure of how much I should put down / what my purchasing limit should be. I work as a commercial real estate broker, and am 100% commission based. I have been making decent money the past few years. Last year I made $190k after taxes, and this year I should be estimating around $200k after taxes. I have approximately $250k in the bank, and around $40k in the stock market. I live on Long Island, and if I were to buy a …

Reddit Personal Finance 156 2023-09-30

What do I do with a low limit credit card ?

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What do I do with a low limit credit card ? I’ve had this secured credit card since 2019 that was only 300$. It’s been upgraded to a unsecured after a year and has always been paid in full every month . Compared to my other card the limit is so low I don’t know what to do with it. I generally put like 1 gas station purchase ( energy drinks etc ) But it really feels like I’m just using i…

Reddit Personal Finance 296 2023-07-19

How does HSA contribution limit work? Is it the maximum amount in your account by the end of the year or a hard limit for the whole year?

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How does HSA contribution limit work? Is it the maximum amount in your account by the end of the year or a hard limit for the whole year? To clarify a little bit, I had switched employers both of which had health plans with HSA contributions but before moving to my new employer I had already maxed out my contribution limit. But now my new employer is going to contribute $500. Is this going to be a problem while doing taxes even though I have used most of the funds already availabl…

Reddit Personal Finance 195 2023-07-19

Should I max out my 401k company match limit now?

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Should I max out my 401k company match limit now? So a company I just joined has 100% matching 401k contribution up to 30k a year (just their share, not combined). I wonder, is the safest, best way to make the most this benefit is to max it out asap just in case I were to leave the company for any reason and I will have made the most of the company match? submitted by /u/No_Pineapple_460…

Reddit Personal Finance 297 2023-07-18

Credit Card lowered limit due to not using a “significant portion” of my available limit not being used

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Credit Card lowered limit due to not using a “significant portion” of my available limit not being used Like the title says, I got a letter from Citi that they lowered my credit limit due to a “significant portion” of my available limit not being used. They said I have 60 days to request reinstatement of my previous limit. Should I ask them to reinstate it, or just leave it alone? Will my credit be negatively impacted by the lowering of my availab…

Reddit Personal Finance 195 2023-07-17

LPT: If you are going to gamble, set a win limit in addition to a loss limit.

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LPT: If you are going to gamble, set a win limit in addition to a loss limit. The amounts can be whatever you wish. You may say I’ll stop if I lose $100, but also consider saying that you’ll also stop if you win $100, or $200, or $500. Of course, your odds of reaching the larger payout are smaller, but it’s a good way to know when to stop and not be kicking yourself when you give it back. submitted by /u/Any-Yoghu…

Life Pro Tips 254 2023-07-11

PayPal – How to increase the monthly limit of $2k in sales?

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PayPal – How to increase the monthly limit of $2k in sales? Hey guys, Every month i have a $2k limit in sales, so whenever i have a sale my money goes to Hold, and when i update the tracking number i got my money back from Hold when the customer receives the product. How can i increase the limit, when i want to increase the limit from 2k to 5k i just get denied. I hope that someone can help me, thanks in…

Reddit ecommerce 246 2023-07-09