He doesn’t have to file, but there’s no harm in doing so because the cost is nothing more than a few minutes of time. It’s recommended that you file even if you don’t meet the minimum income because any potential government stimulus programs will use that filing information to distribute money. It’s good to have a filing record even if you don’t owe anything, and it’s a good opportunity to teach him how to file taxes.

No. That would be miserable. As I’m sure you know, space is mostly…empty space. I certainly don’t want to spend eternity in isolated emptiness.

Kudos to Apple if they manage to pull it off. I can’t think of another company that could even attempt it; nobody else has an effectively limitless development budget. But considering the amount of money that Apple pays to these vendors, I guess I get it. Legitimately revolutionary technology if they can do it.

There’s not much to it to screw up. Here’s all I do:

1. Deposit $6k post-tax into my Traditional IRA. This account is just cash because it’s only a transfer mechanism.

2. Transfer the $6k from the Traditional IRA account to my Roth IRA account. Both at Schwab, it’s just a simple transfer. The Roth account is soft-managed, so the money gets automatically allocated into my elected investments.

3. If my tax software asks if I made any IRA contributions, I say $6k post-tax.

That’s all there is to it.