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Hi Roy,

I noticed that you were posting recently and have a few open questions from earlier posts and thought I would consolidate them.

1) Thanks for the response [26258] to my ramblings on W-4 allowances. As you pointed out, I had asked one of the questions at the end of the post twice. Problem is/was I wrote it arount 2AM (as is the case with this current post). I just wanted to go back to the question of how to deal with allowances when one (or one's spouse) is expecting. If I understould your response, you do not feel it is appropriate to adjust one's allowances until the birth/dependent is certain and not while it is merely a contingency. I understand your point, but think I would feel pretty comfortable taking the position that an adjustment was reasonable if it was based on a contingency that was fairly likely to occur. I noticed that pmarti [in 25533] suggested people getting married late in the year should adjust their allowances to make sure they don't underwithhold. This was based on a situation in which both parties were working. Since he mentioned the scenario, I wonder if he would agree that it would be reasonable for the one working party of a pair getting married in the year to avoid overwithholding by adjusting allowances upwards before the wedding. Any thoughts?

2) [In 26105,] I asked whether you thought the substance of a gift to a child to make an Education IRA contribution was much different form the substance of the transaction discussed in that thread [person who maxed out on their annual gift-tax-free donations to one party gives money to sibling who gives money to intended donee]. I understand the practical differences in the IRS's incentves to attack the two transactions, but was curious if there was a more substantive difference between the two.

3) As long as I'm bugging you about these older posts, I guess I'll reask my question [from 26672] about limitations to the benefit of the deduction for mark-to-market losses on PFIC stock, either to one's regular or AMT tax liability.

Hope you're having a great weekend and I wont pester you with these questions again.

Keep up the good work,

Skwire
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