Cash in bank date of file?

[Jf24]

Would like other thoughts of cash in the bank on the date of file. I am about to file early next week.

Asked if I should get a check for my tax check or direct deposit and was told it didn't matter, the money would be exempt. Got federal yesterday, about $3000 and expect about $1000 from state soon.


Also just need to get term life or make charitable contribution because I am a little over for means test for a 7. I need about $100 monthly. What is easier, getting the insurance or charitable contribution? She said either will not raise suspicion. Any thoughts? ( should I put this in another thread?)

[HHM]

Cannot speak to New York Exemptions, but if it is exempt, it is exempt.

As for expense planning, the life insurance is the better way to go as that creates a long term, contractual obligation. With Charitable contributions, you would need to show a history of making such contributions, which, based on your post, doesn't appear to exist.

[Jf24]

Thanks

I do have an appointment on Monday for the insurance. Wanting to go the non-medical testing route due to time being an issue. She said once I get something from an agent I send to her and get filed. Got to file by the end of this month, I think my tax refund will not be good for means test if I file in May.

[firsttime]

All I can add is that. Wells Fargo seized all the money in an account that my husband had his SS# on. a day or so after we filed. Beware.