'I Love You More Than…' When Parents Grieve Separating From a Child Post-Divorce

All the art of living lies in a fine mingling of letting go and holding on.” — Havelock Ellis

People try to give you all the advice they can about breakup and divorce, like how to prepare and what you will go through and how to cope.

But there are some things you never really understand until you actually do it.

We could sit and paint a picture of loss in all its hues and intricacies.

And we could also peel back each one of those layers, each one of those strokes, and find love.

Our painting only begins to take form with the ending of the partnership.

Endings. Quick. Or prolonged. If there is something I wish for anyone, if I actually had to wish anything about a breakup, it would be that it’s quick.

But sometimes we just hold on, remembering, there was something, wasn’t there? Back then when things were good.

And then, the same problems, the ones you can’t seem to find resolution over, come back. And the two of you realize that however long you avoid it, the end, it is coming. And that this is just no longer good.

And eventually, you do let go.

People say things like, “time heals.” But sometimes there’s a piece of our heart that doesn’t transform into whole acceptance. Sometimes we have to get in there with our little thread and needle, and stitch it up. “There you go, sweetie. That’ll hold for now.”

But if you have kids, and there is a breakup, there is a part you can’t stitch closed, because you want it open for them, always, so they can come back and leave again, at will.

So it’s a repetitive bruising. It takes a jab, then a punch, but it stays open.

And it hurts.

And this is one of the things people tell you but you can’t really grasp until you feel it yourself.

We work hard to minimize the anxiety and separation of the children from one parent or another.

But the other parent, the one waving good-bye with a bright smile while the kids climb into dad’s or mom’s car, that parent turns back towards the empty house, and they grieve too.

And I have three boys, so there are moments after they leave when I have an overwhelming feeling of gratitude. “Thank goodness they are heading off with someone who loves and cares for them.” Because just today, I don’t think I can do one more hour of this thing called parenting.

But when I recover from their chaos, the feeling is back. Loss.

They are a part of me. And the youngest one, we still have an umbilical cord between us. It has stretched longer and longer, yes. But in the mornings when I wake up and think, “he should be here,” I lay in my bed and I feel that chasm between my room and his empty one and it is like a fresh slice across my heart.

And sometimes, just to sleep at night when he’s gone, I will quietly tiptoe from my own bed and slip into his, where his blue fleece pillow with penguins on it still has the shape of his head imprinted from the night before (he never makes his bed, and obviously neither do I). Here, I can still smell my little boy: cookies, mountain air, and clay. It relaxes me. And I sleep.

Because we still feel like pieces of each other’s bodies. And each night that he’s here with me, we cuddle together to read a book and he tilts his head up towards me and plants little, strawberry-shaped kisses on my lips and tells me, “I love you more than….” And each night we find new ways we love each other more.

More than all the pine needles on the trees we see on the mountainside outside our window. More than every piece of sand on the beach by our house. More than how fast the river we love to swim in each summer runs. More than all the chocolate ice-cream any one has ever eaten, ever. More than. More than.

And when he cries because he misses his dad when he’s with me, or misses me, when he’s away, I remind him of just how big love is. It doesn’t just follow you. No, it wraps you, around and around, with its palette of dazzling, brilliant shades.

And I remind myself of how we don’t always appreciate it fully when it’s sitting at our kitchen table, chewing loudly or complaining about stuff.

And how missing is really just loving more than.

All that love, it’s big love.

So we hold onto that, each of us, until the next time he comes back and then leaves again. And slowly, slowly, we accept this is the new rhythm of our life, of our love.

Paying for College: Are Scholarships Taxable?

Dear Carrie,

My daughter was lucky enough to receive a significant college scholarship. Is this considered taxable income to her? And does her scholarship limit my ability to claim an education tax credit?

— A Reader

Dear Reader,

First congratulations to your daughter — and to you. Her scholarship can be a significant financial boost for both of you. This is a great question because it touches on issues that both students and parents need to be aware of when filing tax returns.

First, the good news for your daughter is that scholarship money, for the most part, isn’t taxable because it isn’t considered income. The good news for you is that you still may be able to claim an education tax credit on your return as long as you pay qualified expenses above and beyond what your daughter’s scholarship covers.

Of course, when it comes to taxes, there’s rarely a simple yes or no answer. So before you start celebrating, let’s look closer at each situation.

Scholarships that are tax-free

According to the IRS, certain conditions must be met for a scholarship or fellowship to be tax-free:

  • The student must be a degree candidate at an eligible educational institution, which generally means an institution with a regular faculty, curriculum and enrolled body of students.
  • The scholarship or fellowship money is used for qualified expenses. This includes tuition and fees, books, and course — or degree-related costs (like supplies required for specific classes). It does not include other college-related costs such as room, board and travel.
  • The money does not represent wages for teaching or other work.

That sounds pretty clear. However, for a scholarship to be completely tax-free, all the money must be used for qualified expenses. For example, if your daughter received a $10,000 scholarship and tuition was $15,000, she wouldn’t owe taxes. However, if her scholarship was $20,000 and $5000 went for room and board, that $5000 would be considered taxable income.

Scholarships considered taxable income

Now, let’s say your daughter is a grad student with a fellowship that requires her to be a teaching assistant. In this case, the tax rules are different. That’s because scholarship or fellowship money that represents compensation is taxable — regardless of how the money is used. So, even if a $20,000 teaching assistant fellowship went primarily to pay for tuition and books, that $20,000 would still be considered taxable income. The student would receive a W-2 from the school and would have to file a tax return.

A couple of exceptions

These IRS rules apply to scholarships (both merit and athletic), fellowships and grants — including government-sponsored, need-based Pell Grants. However, there are exceptions.

For example, payments made through the GI Bill aren’t considered scholarships, nor are they considered taxable income. Students participating in the National Health Service Corps Scholarship Program or the Armed Forces Health Professions Scholarship and Financial Assistance Program also don’t pay taxes on their aid. Student loans, of course, are never taxable since they aren’t considered income, and have to be repaid.

And just to be very clear, scholarships awarded to students who are not in a degree program are always taxable.

How education tax credits fit in

Education tax credits — which directly reduce the amount of income tax you pay — could be another way to offset some of your daughter’s qualified college expenses, depending on your own income. There are two possible credits available:

  1. American Opportunity Tax Credit (AOTC) — This credit, currently available through 2017, allows an annual maximum credit of $2500 per student for four years of undergraduate education. To qualify for the full credit, your modified adjusted gross income (MAGI) must be $80,000 or less ($160,000 or less for married filing jointly). The credit is phased out for taxpayers with incomes above these levels.
  2. The Lifetime Learning Credit (LLC) — This credit allows a maximum of $2000 per year per tax return (not per student), but it can apply to undergraduate, graduate or professional degree courses, with no limit on the number of years. Income limitations are lower: MAGI must be $55,000 or less for individuals ($110,000 or less for married filing jointly).

If you qualify for both credits, you must choose one or the other. There’s no double dipping.

Don’t forget deductions

A tax deduction reduces your taxable income. There are two deductions that may apply to your situation. One is the tuition and fees deduction, which allows you to deduct qualified higher education expenses of up to $4000 paid during the year for yourself, your spouse or your dependent. The income limitation for this deduction is the same as that for the AOTC mentioned above.

Another deduction to be aware of is the student loan interest deduction of up to $2500, available with an MAGI of less than $65,000 ($130,000 if filing a joint return).

Get the full details

This is just the topline information, but it should give you a good start. To make sure your situation falls within all the IRS parameters, go to irs.gov/uac/Tax-Benefits-for-Education:-Information-Center or consult IRS Publication 970: Tax Benefits for Education. Better yet, talk to your accountant or other tax professional. And best of luck to your daughter.

Looking for answers to your retirement questions? Check out Carrie’s new book, “The Charles Schwab Guide to Finances After Fifty: Answers to Your Most Important Money Questions.”

This article originally appeared on Schwab.com. You can e-mail Carrie at askcarrie@schwab.com, or click here for additional Ask Carrie columns. This column is no substitute for an individualized recommendation, tax, legal or personalized investment advice. Where specific advice is necessary or appropriate, consult with a qualified tax advisor, CPA, financial planner or investment manager.

COPYRIGHT 2015 CHARLES SCHWAB & CO., INC. (MEMBER SIPC.) (0215-0299)

Here's what we know about Magic Leap so far

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Sesame smart lock fits over your current (dumb) lock

inside22You’ve been working with a dumb lock on your door for long enough – so suggests the folks bringing the smart lock called “Sesame” to the public. This lock unlocks your door via your smartphone, and it does it without requiring you to take apart the lock your door already has. Sesame fits over the lock your door already has. … Continue reading

Google/Softcard drop Windows Phone support

nexus2cee_2015-01-16-17_05_43-Tappy-Takes-the-Big-Stage-at-McDonalds-YouTubeGoogle Wallet has a long, intriguing past as a mobile payments provider. Recent news that Google was purchasing ‘technology’ from Softcard, a mobile payments startup founded by carriers to combat Wallet, only made their option more interesting to us. Though we’re not privy to the ins and outs of what the deal entails, we are learning that Windows Phone wasn’t invited … Continue reading

Google officially launches Flights, their Search-friendly travel tool

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Sesame Smart Lock Will Take The Pain Out Of The Installation Process

sesameHome automation and connected homes looks like they could be the way of the future, and if you’re after easier and more efficient ways of locking and unlocking the door to your home, a Kickstarter project by the name of Sesame might be of interest to you. Sesame is basically a smart lock for your home, but unlike most other smart locks, Sesame has the advantage of installing in seconds.

How Sesame works is via a device that is placed over your current lock, and from there the mechanism will be able to turn the lock for you, which means that you won’t need to call a locksmith in to install it. In fact Sesame boasts that it will fit just about any lock, although they note that it has been optimized for the US, Canada, and Australian markets.

That being said, just like most smart locks, Sesame will allow users to unlock their doors using their phones. This can be done either via the app, knocking on the phone itself, or knocking on the door with a unique knock that acts as a passcode of sorts. Users will be able to grant access to others who might need access to their homes, like friends or family members who might be coming over when you’re not home.

The app will be able to log people who have used the lock or who have tried to unlock your door. Sesame is also boasting military grade encryption which hopefully means that it has a reduced chance of being hacked. If you’d like to donate to its Kickstarter project, then head on over to its Kickstarter page for the details.

Sesame Smart Lock Will Take The Pain Out Of The Installation Process , original content from Ubergizmo. Read our Copyrights and terms of use.

AT&T Moto X 2nd Gen Android 5.0 Lollipop Update Rolling Out

2nd-gen-moto-x-lollipop

It appears that AT&T is rolling out the Android 5.0 Lollipop update for the 2nd generation Moto X. The carrier had previously not provided a release date for this update so users were in the dark. The 2nd gen Moto X is one of Motorola’s best selling smartphones in the U.S. and AT&T being the major carrier that it is obviously plays host to a lot of those users.

The folks at PhoneArena have received a picture from a source who reportedly works at an AT&T retail store. Apparently the source would check every single day for the update and today he finally got it. The picture shows that this update comes in at 652.5MB.

Android 5.0 Lollipop brings a plethora of changes including some new features. Users will immediately notice the improved look and feel, courtesy of Material Design, other features include Lock Screen notifications, revamped “Recent Apps” screen and improved battery life through Project Volta.

Since it is a hefty update do keep in mind that you should be connected to a Wi-Fi network before downloading and should also have ample charge in the battery.

Like other carriers AT&T also releases major software updates in stages so it may take a couple of days for this update to go live across all regions.

AT&T Moto X 2nd Gen Android 5.0 Lollipop Update Rolling Out , original content from Ubergizmo. Read our Copyrights and terms of use.

Google Play Music Now Lets You Upload 50,000 Songs For Free

google-play-music-50000

Google today made a move that’s going to capture the attention of its music streaming rivals. Starting today Google Play Music users can upload 50,000 songs to the cloud for free. They will then be able to stream or download those songs to their phone, tablet, computer and Chromecast as and when required. The limit used to be 20,000 so this latest move is pretty substantial to say the least.

The new limit is double what Apple allows its iTunes Match subscribers, 25,000 songs, however those subscribers also get the privilege of listening to iTunes Radio ad-free. They do pay $24.99 annually for the service.

On Google Play Music you don’t have to be a subscriber to be able to take advantage of this feature. Those who do subscribe to the service get access to 30 million songs which can be streamed on demand, but if you’re not into paying money, use the free service instead and store up to 50,000 of your own songs.

This is a great service for music lovers who don’t have to pay anything to store 50,000 songs up in the cloud which can then be streamed through a wide variety of devices.

Google has outlined the procedure to get signed up on its official blog, its very easy to sign up, and then you’re free to upload your songs.

Google Play Music Now Lets You Upload 50,000 Songs For Free , original content from Ubergizmo. Read our Copyrights and terms of use.

Galaxy S6 Will Come Preloaded With Only Two Samsung Apps

samsung-sign-bgr

Samsung users have long complained that the company adds unwanted bloatware to its software which makes its devices feel slow and sluggish. A few months back it was reported that Samsung is going to change this with the Galaxy S6 and that it will remove those unnecessary apps from TouchWiz. A new report published today claims that the Galaxy S6 will come preloaded with only two Samsung apps, all the rest will be available for download separately.

According to Sammobile, which has sourced a list of apps that will be pre-installed on Galaxy S6 and Galaxy S6, these smartphones will come with two Samsung apps, three from Microsoft, native apps from Google apart from Facebook and WhatsApp.

S Voice and S Health will be the only two apps from the company. Microsoft will provide OneDrive, OneNote and Skype. WhatsApp will be available via a download link, Facebook will be pre-installed, so will all of Google’s native apps and Samsung will include the Galaxy Apps store through which users will be able to download the company’s other apps separately.

The ones from Microsoft will reportedly be bunched into a folder called Microsoft Apps, S Health is obviously necessary for the device’s health related functions, Facebook and WhatsApp happen to be some of the most used apps.

The company has also reportedly updated design of important apps like the music player, video player and gallery to support the look and feel of Android 5.0 Lollipop.

Galaxy S6 Will Come Preloaded With Only Two Samsung Apps , original content from Ubergizmo. Read our Copyrights and terms of use.