0
votes
1answer
16 views

Live in Florida, but work 100% remotely for a Virginia company. Do I owe VA state income tax?

I am moving to Florida in a couple weeks. I will be working 100% remotely for a company that is based in Virginia. Will I still have to pay state income tax to Virginia? Do I have to notify my ...
1
vote
0answers
19 views

Should I cash out my IRA to pay my student loans? [duplicate]

I'm 27 and I have an IRA of around 125K. I'm about to transition into another position with a salary of around 85K-100K. I have around 15K in smaller debts that include credit cards and medical. I ...
0
votes
0answers
47 views

Taxes on a rented desk?

My husband and I are going to rent a small office and would like to rent 1-2 desk spaces out. Would these spaces be taxed as rental properties? The office would be rented under his business name, ...
6
votes
8answers
846 views

Why is a Roth 401(k) good if there is a long time before retirement?

This article from Fidelity mentions that the longer you have before retirement, the more likely it is that you should choose a Roth 401(k) over a traditional 401(k). This point is mentioned ...
2
votes
2answers
58 views

Can I retroactively get the tax assesment on my house adjusted and get a refund on previously paid taxes?

We're in the process of selling a former home. Our listing price has been sinking all along, but it is about to go below what's listed as the "assessed market value" of the home - that is, the value ...
2
votes
1answer
37 views

What are the tax implications of selling inherited shares now jointly owned with my sister?

My father passed away recently leaving behind 65 lakhs in shares and 25 lakhs in FDs (Fixed Deposits). I am the joint holder in both the shares as well as the FDs. This amount has to be shared by me ...
3
votes
2answers
171 views

How are the $1 salaries that CEOs sometimes take considered legal?

I have been reading about various CEOs taking a $1 salary; typically they also take some from of alternate compensation, e.g. stock options. However, very rarely one will take a $1 salary with no ...
3
votes
1answer
77 views

Dealing with Home inheritance

I have been living in my grandmother's house for the past 20 years. The house has been paid off for years. During that time, I have taken care of her and the house until she got bedridden. My aunt had ...
1
vote
2answers
62 views

Do options always expire on third Friday of every month

The Yahoo finance link for SPY options Indicate that these options expire at close of October 31st. This is confusing because I thought options expire on the third Friday of every month. Oct 31st is ...
-1
votes
0answers
51 views

401K Plan Distribution due to HCE (Highly Compensated Employee) Status

My Employer (non-qualified) 401K plan was terminated due to company being acquired. I was then provided with a partial distribution with Category 8. I was informed that is due to being characterized ...
0
votes
0answers
20 views

Early Tender Premium

We received a Early Tender Premium per share on a tendered bond. Should this be reported at as income, or part of the gain/loss on the disposition of the bond?
-2
votes
1answer
24 views

Is the delta hedging technique of any use for a retail trader

As a retail trader, does it make sense to hedge an option position by taking an opposing position in the underlying? If I buy a long call and short an equivalent number of the underlying so that the ...
-1
votes
0answers
22 views

What is the connection between an investment tax credit and taxable income?

I'm having difficulty understanding two things: (1) what exactly is an investment tax credit ("ITC")? There's some reference (via Google) to Federal Energy Tax Credits, but I think that those are ...
2
votes
2answers
63 views

How does the purchase of shares on the secondary market benefit the issuing company?

Purchasing common stock is often described as making an investment in the company. In exchange for this investment, you receive shares of the company's profits and, hopefully, you see some capital ...
2
votes
1answer
86 views

How can I report pump and dump scams?

I recently received a mass-mailing purporting to be a free introductory issue of an investment magazine, but consisting of hyperbolic, untrammeled promotion of a penny stock. In other words, it ticked ...
0
votes
2answers
25 views

Cobra and existing conditions with new insurance in the future question

Hope this is an okay place to post this question... So, I need to go to the doctor today but will be changing jobs as of next week and will have a period of time where I could potentially not be ...
1
vote
1answer
39 views

What factors should I consider in picking a bond?

I have invested in stocks previously but realized that it isn't for me, at least for now. I have been researching on other options as to where I should invest my money and I found myself looking into ...
-2
votes
1answer
21 views

How inflation in China makes real exchange rate between China and US to rise? [on hold]

I am a bit puzzled about how the rising inflation in China as compared to that in US amkes the Chinese currency to appreciate as per the real exchange rate. I am confused because I read somewhere that ...
0
votes
1answer
28 views

Why out of money options show no bid price but a valid ask price

Looking at the option chain for SPY I see that a lot of the out of the money calls are showing Bid as N/A. What is the reason? Nobody wants to buy out of the money calls because expiration is ...
1
vote
2answers
35 views

Filing income tax for nonresident spouse?

If someone is married and his spouse is not a U.S. citizen, doesn't live in the U.S., and doesn't have Social Security number, how is he going to file a tax return? Should he file a tax return as ...
8
votes
5answers
2k views

If I buy bonds near the maturity date, is it a short term zero risk investment?

Right now I'm studying how bonds work and from what I have studied, the crucial thing about bonds is the maturity date, where you are assured you'll get the principal if you sell at that time, and the ...
2
votes
1answer
55 views

Mortgage rate shopping - 14 day period

I'm currently in the 14 day period since my credit (all 3) were pulled for a Mortgage Application. A second lender pulled my credit today (still in the 14day period) and surprisingly, the new inquiry ...
6
votes
1answer
218 views

Can I contribute money to a 401k, 457b, and an IRA all at the same time?

I am a retiree who is returning to full time work. Can I contribute the maximum to my full time job's 401(k) and to my part time job's 457(b)? And then also contribute the maximum to an IRA?
0
votes
3answers
49 views

What is “Local Earned Income Township Tax” and do I have to pay it?

I live in Pennsylvania and am a freelancer/self employed. Every year I get something in the mail from the tax administrator Berkheimer telling me that I owe them money. I do my taxes through ...
1
vote
1answer
139 views

Is there any reason to prefer Visa or Mastercard?

My Italian bank, Fineco, offers me Visa or MasterCard credit cards at (apparently) the exact same conditions. IIRC when I first requested it a few years ago, it was just a checkbox in the contract ...
0
votes
0answers
62 views

How can I determine my earning power percentile?

There are many online resources to determine your salary percentile nationally. However, this information is not terribly useful as cost-of-living differs greatly from area to area. For instance, a ...
0
votes
0answers
40 views

How do banks handle post-dated checks deposited via the ATM?

As noted in another question, banks have different policies regarding post-dated checks before the post-date, although it seems most will accept the check as long as the check issuer hasn't contacted ...
0
votes
0answers
28 views

What investment options should I pick for my superannuation/retirement investments?

Right now, all my savings are in high interest (3.73%) savings accounts, and I've tried the stock market, but I have stopped for now due to my low capital not yielding enough to win against the broker ...
2
votes
1answer
187 views

Does not having the full (good) payment history on report negatively affect me?

I've had my credit card since 2006. My credit-report reports the following: Status: Open/Never late. Date Opened: 06/2006 Reported Since: 06/2011 Date of Status: 09/2014 Last Reported: 09/2014 ...
-1
votes
1answer
27 views

Market index analysis and techniques [on hold]

how can i determine market indexes ups and downs in stock market. mean that when will market green and when would be red. is trade-volume affect the market index rate? any analysis or techniques.
0
votes
0answers
15 views

selling online services in EU from Dubai [on hold]

I am starting a company, which is going to sell online services in EU from Dubai (United Arab Emirates). I am new in online selling. Do I need to have a bank account in an EU country? I suppose I ...
3
votes
2answers
79 views

What data can be extracted from my credit card?

When handing someone (e.g., a hotel receptionist) my credit card, what data can they extract? Obviously the data that is printed on the card (i.e., personal name, various numbers, expiry date, credit ...
0
votes
0answers
17 views

Where can one download or subscribe to end of day price data for Tokyo stocks?

I am looking for free sites to download end-of-day stock data for Tokyo stocks but my efforts have been in vain. The best hope was Yahoo Finance but it does not provide end-of-day data for Tokyo ...
-2
votes
0answers
29 views

When does an in the money option become deep in the money [on hold]

When we say an option is deep in the money, at what point does it start becoming 'deep'? When the delta calculated by the black model returns a value of 1?
-1
votes
0answers
57 views

Office had me fill out no fault… Wasn't no fault [on hold]

Had a motorcycle accident and was concussed. Doctors office had me fill out no fault because I "was in an accident". Turns out in NY motorcycle accidents don't use no fault. So it got rejected. They ...
-2
votes
2answers
69 views

Why is a stop order not triggered when the asking price is reached?

I set a stop order to sell some shares at $36 when the market price was around $34. (I bought at $37) The market price rose to $35, with the Ask price reaching $37.9, but the order did not execute. ...
-1
votes
0answers
13 views

Approximate time value and implied volatility from an option price

Without using theoretical pricing models, is there a way to quickly approximate the volatility and the time premium built into an option price. The intrinsic value is easy, but what remains after ...
0
votes
0answers
25 views

Historical financial/economic data available as free download

One can download stock quotes from yahoo in csv format. However, they do not provide that service for forex and fundamental economic numbers like GDP, inflation, forex rates etc. I found some sources ...
3
votes
4answers
365 views

Do my 401k/Roth accounts benefit from compounding?

I've always read that the great benefit of 401k's and IRA's are the compounding of interest. My entire 401k invests in a S&P index fund and I make semi-monthly contributions and there is one ...
0
votes
2answers
43 views

Is it easier for brokers to find shares to short in premarket?

Recently I have had trouble finding the shares to short for positions I want to take at the start of open hours. Is it easier for a broker to find the shares in premarket when the stock is likely to ...
0
votes
1answer
21 views

US corporate bonds index

Does a US corporate bonds index exist? It should be free to access or accessible through Bloomberg or Reuters terminals.
1
vote
3answers
28 views

does an option trading below parity always indicate an arbitrage opportunity

If an option is trading for less than parity, is it always a mispricing, waiting to be arbitraged, or are there other factors that can lead to this?
0
votes
1answer
35 views

If early exercise is a bad idea, why American option is more expensive than European [duplicate]

American options are more expensive than European options because they give the buyer the right to early exercise. But in a low interest environment, early exercise is a bad idea, for most retail ...
0
votes
1answer
156 views

My sister borrowed money on a home thats not hers, how can I protect the home?

After the death of my sister, my mother finds out she had taken a mortgage out on mom's home. The deed and taxes are only in mom's name. The bank came out taking pictures yesterday. Mom is 72 ...
-2
votes
1answer
34 views

How to reduce income tax in India?

My salary is 450000 per year and tax deduction as below. Gross amount- Rs 450000 Net Taxable amount- Rs 250000 Net Taxable Salary per month - Rs 20833.33 Monthly taxes deducted at 10.3 % - Rs ...
2
votes
1answer
74 views

Amendment After 3 Years That Increases the Tax

I had filed 2010 US tax returns to the best of my knowledge using one of the famous online websites. Fast forward now (2014), I realized that I was in US for half a year and should have filed as ...
0
votes
1answer
26 views

When is an option a certain number of strikes in the money? e.g. “two strikes in”?

What does it mean when someone says:this option is one strike in the money or that option is 2 strikes in the money and so on and so forth? I understand in the money, at the money, and out of the ...
0
votes
1answer
44 views

If I roll over my retirement into an IRA, can I pay off my school loans at the same time without having that sum penalized?

I want to roll over a lump sum of retirement funds into some type of savings account, but want to designate a certain amount of it to pay off school loans. Can I do it without being taxed and/or ...
0
votes
1answer
112 views

Why does shorting a call option have potential for unlimited loss?

Referring to http://en.wikipedia.org/wiki/Option_(finance), for a short call: If the stock price increases over the exercise price by more than the amount of the premium, the short will lose ...
0
votes
0answers
61 views

What should I do if I have not received my income tax refund 7 months after I filed?

I am a non-resident alien, and I sent my 1040NR-EZ together with other supporting documents in March 2014, and I received a letter from IRS in April saying that they needed more time in processing my ...

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