Tag Archives: Round 1-3

April 2021 Financial Planning and Capital Market Review – By John Kvale

Hello and Welcome to our April 2021 Financial Planning and Capital Market Update!

If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!

Newbies –

We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets and current events!

Hope you enjoy!

April 2021 Video


Financial Planning Tips

Rounds 1-3 Stimulus Funds Explained

In this late month post we reviewed our integrated Tax Filing learnings with an updated Stimulus check flow of funds…

The confusing part is mostly from the situation where a decrease in earnings from 2019 to 2020 brought Stimulus credits onto our 2020 Tax return, in the form of that Sneaky Line 30 of our 1040.

September 1, 2021 Round 3 of $1400 Stimulus Look back

There are several important lines in the sand….

Individuals/Families who had a higher 2019 income that knocked them out of some or all of the stimulus original money but a lower 2020 income assuming this person would have qualified for the $1400 per person stimulus based on year 2020 … what the IRS is going to do concerning this matter is on September 1st 2021 they’re going to review all of the 2020 tax returns for folks who had not received the $1400 credit for them and their family and if they meet that threshold they will then receive the $1400 credit period remember this is the much faster phaseout of only $160k and $80k Joint and for an individual.

2021 Tax Return Look Back

Assuming you were not below the thresh hold for 2019 or 2020 return, If a person’s income in 2021 were to drop below the new thresholds .. think next year around this time… you will still qualify for the $1400 credit . They are using the same play book as the original March 2020 rebate look back to give an extra year of the $1400 being credited and it would then show up on sneaky line 30 form 1040 tax return for 2021!.

Capital Market Comments

Fearful or Greedy

“Be Fearful When Others are Greedy and Greedy When Others are Fearful”

Warren Buffett

In this mid-month post we take a soft swipe at market Valuations, knowing that Valuations do not make markets drop, but does possibly set them up for faster drops if unexpected events occur

Time to Be Greedy

Capital Markets are the only store in town where when things go on sale, people flee the store!

Time to Be Cautious

For some reason we just want to hop on and go for a ride- feels good -but very dangerous!

Have a Great Day, Talk to You at the End of May!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.