1
vote
0answers
5 views

Moving to USA. Already invested money in mf?

I will be travelling from india to usa on h1b visa, for a long term assignment(starting april-16). I have invested in indian equity mfs from my indian salary savings. Want to know if my going-to-be ...
-5
votes
0answers
5 views

This is to make certain that Gold Trade Microsystem

This is to make certain that Gold Trade Microsystem you attain gold and silver in a legitimized pretentiousness. As a common guideline, ensure that you properly go through and see eye to eye every ...
0
votes
0answers
8 views

Can you deduct hobby expenses up to hobby income in Canada?

In the US you're allowed to deduct hobby expenses up to (but not exceeding) income from that hobby as part of your miscellaneous deductions. But I can't find a definitive source on the corresponding ...
-1
votes
1answer
10 views

How can I receive foreign funds in my account in an Indian bank which lacks a SWIFT code?

I'm to receive some money in USD from a company directly to my account. I'm a resident of India and the branch where I have my account doesn't have a SWIFT code. The company will not give the money by ...
0
votes
2answers
9 views

Continue with old Health policy with current employer

I am from Indiana. I want to change my current Employer. I have a Group Policy from my current Employer. So I want to ask that Can I continue with my Old Group Policy with new Employer..?? or have to ...
2
votes
0answers
13 views

Should amended taxes be filed if refund remains unchanged?

I received a 1099-R form from a previous employer after my federal and state taxes were filed and accepted. It was for a small distribution from a pretax account that was part of a profit sharing ...
1
vote
1answer
12 views

What is a reasonable amount of time to wait for a company to correct an incorrect W-2?

My previous employer messed up my FSA in 2015 (see this question for more context if you are curious). I have noticed in filing taxes that my W-2 unfortunately is also incorrect, showing FSA ...
1
vote
1answer
38 views

How can credit card companies offer a cash back program?

Many credit cards offer cash rewards or similar programs which effectively amount to a small % discount (at the CC company's expense) for various purchases. For instance, American Express has a card ...
0
votes
1answer
23 views

How do I calculate the Present Value of a future amount

I have a requirement to calculate the present value of a future value taking into consideration an interest rate and tax rate. This is to be used in an insurance calculator so I need the answer to be ...
0
votes
1answer
21 views

Worked in two states for same company, state taxes look odd on W-2

I worked in NYC until the end of May, then moved to Maine while keeping my job as a remote worker. My W-2 has arrived and in the state withholding section it shows my full wages under New York state ...
-1
votes
2answers
80 views

Can I be building a house with the bank forever?

I got a crazy idea and I'd like to know if this is even possible. Let's say I buy a house for $100k. After 2 years the house's value will go up to $150k. I will ask a bank through home equity to lend ...
0
votes
1answer
50 views

Open an ordinary bank account in USD without setting foot in the US and without paying a single cent in additional fees

I live and work in the UK and I often pay fees in USD (mostly to hosting companies) and receive payments in USD (for freelance jobs). Is there any way I can legally and practically open a bank account ...
0
votes
0answers
26 views

Checks & Cheques [on hold]

I'm about to order some business checks. My question is, do we simply put our business name above the address or do we also put our personal names on there as well? Thank you in advance!
2
votes
1answer
34 views

Can we make traditional IRA deductions to reduce last year taxes if we have 401ks and I already contributed to a Roth?

I need help understanding IRA deduction rules for Tax year 2015. My wife and I both have 401K accounts from our work. Our filing status is married filing jointly. Our MAGI for 2015 is about 105K. I ...
1
vote
1answer
49 views

Is there a deadline to respond to an IRS request for additional documentation?

When I sent in my 2014 tax return late last year, I also sent in an amendment to my 2013 tax return due to a Section 1256 contract loss carryback (I had Section 1256 gains in 2013 and losses in 2014). ...
0
votes
1answer
16 views

Invoicing from EU to Canada for app purchases of shopify

I have two applications at the shopify marketplace and periodically shopify (Canada) sends me money to my paypal account. I want to report my revenue at my company at bulgaria(EU) so I can pay my ...
0
votes
0answers
18 views

Efficient way to transfer money from Greece to Canada

I currently reside in Canada and I want to transfer a small portion of my money from Greece (from my parents). What's the most efficient way to transfer money in order to avoid the bank fee + low ...
0
votes
0answers
36 views

What are some good mutual funds to consider for a new grad looking to maximize market return? [on hold]

I'm 21 and will be finishing my degree in Computer Science in May. I will be moving to New York City to work at s software engineer at a major financial tech company starting in June. I'd starting to ...
1
vote
2answers
107 views

Is a robo-adviser worth the risk?

I've seen a lot of talk lately about robo-advisers that manage stock portfolios for minimal expenses. The expenses are usually paid by ETF's. I am not very well versed in all this stock and ...
0
votes
1answer
10 views

Questions on India income for US taxation

I am in USA for last 5 months of 2015 and was there for 4.5 months in 2014, so I am a resident alien in USA for year 2015. I have below questions for the IT return for year 2015 in USA: Do I ...
0
votes
1answer
16 views

F1 OPT Visa Tax return queries

I have few questions on tax returns filing, please help. I am on F1 EAD OPT visa, can I still file returns on 1098-E form. Many were suggesting to do paper file rather than e-file. Can I e-file too. ...
-3
votes
0answers
33 views

How do Australian CEO's minimise their tax liability? [on hold]

How do Australian CEO's minimise their tax liability? The best I could come up with is that instead of receiving wages, they receive shares, which they hold for a year before selling. The shares ...
-2
votes
1answer
56 views

Emigrating from USA to United Kingdom

How much money can I take with me when emigrating from USA to United Kingdom without having to pay tax?
2
votes
1answer
49 views

To transfer money between banks, is it better to withdraw or deposit?

If I'm transferring money from Bank A to Bank B, I have multiple options: Tell Bank A to deposit the money into my account in Bank B. Tell Bank B to withdraw the money from my account in Bank A. ...
2
votes
0answers
22 views

Are gifted health insurance premiums tax deductible for the recipient?

Amanda paid some health insurance premiums for Bill in 2015. The payments were made directly to the insurer and intended as a gift to Bill. Amanda doesn't have to report payments for medical ...
1
vote
1answer
34 views

FBAR, just found about it. What to do?

Just found out about FBAR. I have a pension investment in India (over $10K) that involves paying yearly premium (I've paid 8 of the 20 premiums) to it. It matures in 12 years and until then I do not ...
1
vote
1answer
53 views

What evidence that reporting a small utilization (vs no utilization) leads to a better credit rating?

In North America, it is common advice to make your credit card shows utilization. That is, let some balance remain until the statement issues so that utilization will be reported to the credit ...
18
votes
6answers
4k views

Why is it rational to pay out a dividend?

Imagine a mature company, which has stable earnings and made a profit this year. The company is planing to pay out a part of this earnings to its shareholders. Assuming the stock price goes down ...
6
votes
1answer
112 views

how do capital gains work if you don't know the original purchase price?

So let's say my grandparents bought me 1,000 shares of some stock. They used the wrong address, however, and I never knew about it until after they died. The state got the stock and then, a bunch of ...
0
votes
0answers
28 views

Balance transfer reward, is there a downside?

My credit union is offering a credit card promotion, 2% cash back on balance transfers No balance transfer/cash advance fees I currently have ~$13k in savings/CDs earning 1%-1.1%. Is there a ...
4
votes
1answer
29 views

Question About Tax Situation While Living Abroad - Need Advice

I have a somewhat unique situation, and I'm not sure how to handle. I moved to Sweden with my girlfriend late 2015 because she obtained a job in Sweden. I was able to come along and establish Swedish ...
2
votes
2answers
57 views

Car dealers offering lower prices when financing a used car

I recently went to a Nissan dealership to buy a used car. They are claiming that they can offer me a price that is over $2000 less if I finance with them, instead of paying in cash. Is this a ...
1
vote
1answer
39 views

Advice on helping younger relatives to buy a house in the UK

Younger relatives of ours would like to move to our area but it's quite expensive - they can only really afford half of a house deposit. We've just come into enough money to make that up to a full ...
0
votes
2answers
59 views

How do I tie up an inheritance?

I stand to inherit a large estate over the next ten years or so. The inheritance will come from my direct parents and step parents, who have no other children. However, I know that other members of ...
2
votes
0answers
34 views

How do ETF fees get applied?

I'm reading the prospectus for an ETF I've recently purchased. It states: fees paid directly from your investment I understand how this works for the OCF. However, there are 3 further fees for ...
0
votes
0answers
27 views

Why big differences in historical prices for this one REIT stock at Yahoo, Google, and Stockcharts

Here are three links to historical prices for STWD, Starwood Property Trust Inc: Google finance: https://www.google.com/finance?q=NYSE%3ASTWD&ei=jUG2VpjZM4uEjAGpq5voDw StockCharts.com: ...
1
vote
1answer
35 views

Calculate Estimated Tax on Hobby Business LLC

I live in NYC and make $90k as a salaried employee, but I also have a freelance LLC (with separate business account) for freelance projects. I've set up the LLC as a disregarded entity (Schedule C on ...
3
votes
1answer
31 views

What do I enter for my “2010 HSA, less 2011-2014 distributions” when my HSA started EOY 2011?

TurboTax is pretty insistent that I put something in this field, corresponding to the Wisconsin adjustments worksheet. The field says: Balance of HSA as of Dec 31, 2010, less amt distributed in ...
0
votes
2answers
76 views

Healthy money saving tips for a young person

I'm 19 and I always spend my money on stuff I don't need and I'm trying to save enough money to build a tiny house in the next two years. Any advice on how to save up about $10,000 and stay ...
0
votes
0answers
17 views

Emerging Market Money Flow History [on hold]

I've been searching Google for a history of the net flow of funds into and out of emerging markets (see this tweet for a short historic graph). Does anyone have a 20-30 year history for this? ...
0
votes
0answers
68 views

What usually happens to the Stock Market when it opens on Monday? [on hold]

I have a few contracts on FTSE 100 and I am wondering what a Monday morning would be like. I imagine that there will be a lot of initial movement due to all the trades that some brokers let you queue ...
0
votes
0answers
13 views

Software computing internal rate of return and factoring inflation in [on hold]

I'm looking for a software, ideally web app, that I could use to monitor my investments, mainly stocks, currencies and real estate. I'm able to find several apps that draw very nice graphs and are ...
1
vote
2answers
64 views

In Canada, how bad must your credit be for a denial of a Secured Credit Card?

My sister who lives in Canada: had 2 separate bankruptcies in the past, all of which have been discharged for 2 years as of February 2016. currently has no debts or (Secured) Credit Cards. but ...
3
votes
0answers
27 views

Help me apply Windfall Elimination Provision to my situation

I struggling to understand exactly how the Social Security's Windfall Elimination Provision applies to me in my situation (and thus what it specifically means for how long I should keep my part-time ...
3
votes
2answers
47 views

When making a credit transaction, why does it take the transaction a couple days to clear, but it can communicate the hold immediately?

I find it interesting that if I make a purchase as a credit transaction -- that it takes a couple of days to clear, but yet, the hold can be communicated immediately. If the networks in place can ...
0
votes
0answers
28 views

Money and legal rights [on hold]

If the second persone didn't live in the house for the first 5 years and one person payed everything what legal right still have the second person
33
votes
2answers
2k views

Where can I put savings for my kid that I literally cannot withdraw from?

I currently have a second savings account where I'm saving money for my child's future - most likely it will be used for their college and/or wedding. I've heard horror stories of parents stealing ...
3
votes
3answers
58 views

Is there a global index for all currencies?

I've recently found the need to convert USD to CAD, so I just started following foreign exchange rates for the first time. In the past few days, USD/CAD dropped. However, it's hard to tell if CAD ...
0
votes
1answer
45 views

How do I file a 1040x amended tax return when we are already paying off an error for the same tax year?

For tax year 2014, we submitted our tax return through TurboTax in early 2015. We received our refunds (Federal/State) a few weeks later. In the summer of 2015, we received a letter from the IRS ...
1
vote
1answer
59 views

Stocks and Bonds in Roth IRA vs non-tax-advantaged

I have an account with Vanguard. I have a Roth IRA, Rollover IRA (from my 401k from a previous job), and I have a standard non-tax-advantaged account. Currently, all 3 accounts are fully Vanguard ...

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