0
votes
0answers
5 views

Have not receive my tax refund 7 months after I filled

I am a non-residential 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 ...
0
votes
1answer
16 views

What are tax implications of short vs long term capital losses?

I have read in multiple places that you can use investment losses of up to $3,000/year against your taxes. Is this as a deduction or credit? Does it count as an addition to itemized deductions or is ...
0
votes
0answers
6 views

COBRA and “in progress” expenses

I'm leaving my job in a few days, and I have significant "in progress" dental expenses. I haven't received any official COBRA information yet. I'm worried that any appointments after my last day at ...
0
votes
0answers
11 views

(US) What is the deduction for gifts of appreciated stock with restricted registration rights?

I have appreciated stock that I am allowed to give away to charitable transferees, but those transferees will have restricted registration rights for 12 months. They cannot sell the stock for 12 ...
2
votes
0answers
14 views

HSA excess contributions?

I just got married a couple of weeks ago. I have a self-coverage only HDHP through my employer, with an HSA funded by my employer ($3000 per year). My husband has a family-coverage HDHP through his ...
0
votes
0answers
22 views

How much cash in INR can I carry while travelling India? I need other carrying options too [on hold]

I am a Canadian citizen and visiting India for 3 months. How much cash can I carry and what are the forms and procedures? Where can I get my money converted in Canada? What are other option to use ...
0
votes
1answer
10 views

Difference btw Tom/next and Tom/Spot in Fx

I know that for Tom/Spot swap the near leg is settled T + 1 and the far leg of the swap is settled T+2. However, is a Tom/Next same as Tom/Spot swap?
0
votes
2answers
55 views

Value of put if underlying stays below strike?

If ABC stock is trading at $5 and I buy the Jan 15 strike put for $8.25, what happens to the value of this put at expiration if ABC only meandered between $5 to $7 during the entire period?
1
vote
2answers
86 views

Live in Florida, and work remote for a company that is in New York; Do I owe NY State Income Tax?

I have been down in Florida for the past 3 1/2 years and continue to pay New York state taxes out of the money I earn for a company I work remote for that is in New York. Should I be paying New York ...
1
vote
1answer
30 views

Income tax calculate on your per company or on my total income in year?

I don't know if this is right place of ask this question. But still need to ask. Now I start financial year with by company A. So company A only provide final settlement account ( including AVP ) in ...
0
votes
0answers
19 views

What is real economic transaction for VEBA?

I'm reading Corporate-owned life insurance, and it states: ... COLI is most common for senior executives of a firm, but its use for general employees is still sometimes practiced, primarily as a ...
14
votes
7answers
1k views

Investing small amounts at regular intervals while minimizing fees?

My daughter is about to turn one year old and I'd like to start some sort of investment account for her. The purpose would be to invest her birthday and gift money into the stock market each year. I'd ...
0
votes
1answer
17 views

Accounting: Why only fixed asset purchase and not also fixed asset sell? [on hold]

In the cash flow statement of a company there exists the line "Fixed Asset Purchases". So this means buying a fixed asset (machinery, buildings) and this cash amount will pop up in the cash flow ...
0
votes
0answers
34 views

Consiquences of joining the Board of a NFP immediately before it declares Bankruptcy

What happens to a person who has been elected to an executive position, in the running board of a Incorporated Not For Profit organisation, when it files for bankruptcy? Does it show up on your ...
-1
votes
0answers
19 views

How to calculate quantity of sales products to double the profit [on hold]

I'm sorry if this kind of question is off-topic here, althought I have read the rules, I kind of think this is a suitable question to ask. I would love to know how can we calculate the sales ...
-3
votes
1answer
36 views

Loan for treatment

Getting loan from parents property. Both Mother and Father have expired. We are 7 member (5 brother & 2 Sisters ) , property is in name of our parents. For emergency we require loan for treatment ...
-3
votes
0answers
41 views

Build retirement when debt free [on hold]

Might want to retire early in 15 years and volunteer full-time. Am debt-free. What is the quickest way to build up a secure retirement for a long life.
4
votes
2answers
62 views

Tax deferred savings limits and early retirement possibilities

I've been listening to some financial independence podcasts where people claim that if you save 75% of your income into tax deferred retirement accounts, you wind up paying no income tax even with an ...
0
votes
0answers
19 views

USD commission in saving account? [on hold]

I have open a small trading company which connect buyers with sellers.Against that we receive small amount of commission from Manufacturer in USD. Can I ask them to deposit these in my saving or ...
-4
votes
0answers
33 views

Is it a good idea to invest in CryptoCurrency? [on hold]

I'm already doing this to an extent, but wondering if I should do more? Currently a friend who is more into the crypto currency stuff than I will probably ever be started up his own kind of brokerage, ...
-1
votes
1answer
16 views

How does delta of an option change with time if underlying price isconstant

In his book 'Option Volatility and Pricing', Sheldon Natenberg writes that if an option has a delta of 92 with 3 months to expiry; and then 2 months pass and the underlying contract does not change in ...
1
vote
2answers
76 views

What kind of credit card transactions generally count as a cash advance?

I understand that if I use my credit card to get cash from an ATM, that counts as a 'cash advance'. Are there any other credit cards transactions that don't involve taking cash from ATM that count as ...
1
vote
1answer
34 views

Interest on a deposit

In NC Can I sue for the interest on a security deposit that was in escrow for over 12 year's? My former landlord died and my deposit was with held unlawfully , can I sue for three time's the amount of ...
0
votes
0answers
20 views

Bringing money to UK for investment purposes

What are the tax implications on bringing money from abroad to UK for investment purposes on starting a private Ltd company (Rental business) and also for giving it is a loan to a actively running ...
6
votes
3answers
1k views

Why is it that stock prices for a company seem to go up after a layoff?

I've been looking to buy some stocks recently, and have been curious about something. I'm looking to invest in some tech companies, and wondering why is it that when they announce layoffs, the stock ...
3
votes
2answers
100 views

Formula that predicts whether one is better off investing or paying down debt

This is more of a statistics/probability question but the implications for personal finance are obvious. Let's say you have extra cash (assume tax-advantaged space is already maxed out) and are ...
1
vote
1answer
32 views

fastest way to move USD to EUR

I have the following situation wrt revenue from online business that I transact funds are coming in to my PayPal account in EUR & USD funds are coming in (currently) via a US payment provider in ...
0
votes
0answers
24 views

How would your write wire instructions?

I am used to wiring funds through SEPA by using IBAN and BIC codes. I just learned that these can't be used in electronically transfering money from the US to the EU. My bank provided me with 4 ...
0
votes
1answer
14 views

Taxable Salary Calculation (India)?

I'm an Indian citizen having salary income with components like basic + DA + Pf contrivution + allowances etc. Are all these taxable ? Help required
0
votes
1answer
30 views

What are my investment options in Australia?

My current bank offers a 3.63% interest rate. I have about $7k in flexible money that I could put in potentially good investments. Right now, I'm only familiar with Term deposits, the stock market, ...
-1
votes
0answers
30 views

Home loan getting converted to property loan with penalty

I would like to know more about the home loan clause and conditions. We have taken a loan from a nationalized bank for a 1100 sq feet land 4 years back. But couldn't construct the house as we have ...
0
votes
0answers
22 views

Calculate a realistic project valuation?

If we have a profitable project where profit is x and cost of equity is y and the project has 0 growth and nothing else changes, then the value according to a perpetuity will be x/y e.g. profit this ...
6
votes
2answers
113 views

If I could, should I buy a car with cash instead of credit?

The most common (and realistically feasible) method of buying a car is to buy it with a loan/credit card, then pay it off in bits every time interval. However, say that I could buy a car in full when ...
10
votes
4answers
2k views

Any compelling reason to contribute to a 401k if my employer doesn't match?

My employer does not match 401k contributions at all. Currently, I do not make any contributions to a 401k or an IRA due to a need for liquidity. Aside from the obvious gains incurring no tax ...
2
votes
2answers
38 views

Why buying an inverse ETF does not give same results as shorting the ETF

I was reading on the pros and cons of shorting an ETF vs buying an inverse ETF on yahoo I do not understnad this explanation why over hte logner term, shorting is not equivalent to buying an inverse ...
2
votes
0answers
40 views

Better to get loan from finance company or bank considering the drop of credit score?

I want to know if there's a difference between getting personal loan from a finance company or a bank, considering the drop of credit score/grade (assume all other aspects are exactly the same)? I've ...
-1
votes
0answers
41 views

Do I need to pay taxes on a large transfer of money from an American to my Indian Bank account? [on hold]

An American friend wants to send a large amount of money to my Indian bank account, how is the conversion from dollars to Rupees accomplished and will one of us have to pay taxes on the transfer?
10
votes
3answers
691 views

How does tax work with donations?

My understanding of the gift tax is that the donor has to pay the tax, but up to a limit they don't have to pay tax. I'm a developer. Suppose I offer my software/libraries/blog for free on my site ...
0
votes
0answers
26 views

What is the easiest way for a non-american to purchase real estate in the US?

I am curious to know what would be the easiest ways to purchase real estate in the US and also like to know what would be the best places to learn about purchasing real estate in the US. Any laws I ...
2
votes
1answer
47 views

Growing annuity with fixed growth

I've found this formula for the Future Value of a Growing Annuity: see here I'm looking for a formula that will provide the future value similar to this formula, only where I can provide a fixed ...
1
vote
0answers
51 views

tracking dividend payments automatically

I want to create a dynamic spreadsheet somewhere(maybe google docs) that will log my dividends that I receive. I have stocks at Fidelity and Tradeking. Currently I get an email every time I receive ...
3
votes
1answer
98 views

Can I take money out of my Roth IRA any time?

So I have a Roth IRA brokerage account with Scottrade. I finally have enough savings (maxed standard employer 401k, emergency fund, etc.) that I'm ready to start investing some of my discretionary ...
2
votes
1answer
71 views

Renting Out A Spare Room UK

I'm in the process of buying a two bed property and have a few friends interested in renting out the spare room. Looking into it, it seems this would be taxable income though there is the rent a room ...
0
votes
0answers
56 views

Credit Card Payment [closed]

My friend has been in US (07-09) as a student and had a credit of around 7k which he didnt pay and returned to home country due to personal emergencies. Now he wants to go back as he has got a work ...
0
votes
0answers
70 views

Just got a refund in Canada for five years of back taxes and it's less than 25% of what I expected. Help! [closed]

(Before I start off, I'd like to note that I'm contacting Canada Revenue tomorrow to sort this out, but I'd like to see if anyone has an answer first) I'm currently 25 and classified as a "dependent ...
1
vote
2answers
48 views

Withdraw from IRA or regular savings for First Time Home Buyer?

What is the optimal way to source the funds for down payment of a first time home buyer? I understand if I withdraw 10k of an IRA account there will be no 10% tax penalty, but there will be taxes to ...
2
votes
2answers
78 views

How do I calculate yearly rate of return on my investments?

I have been investing since May 2013 and I wanted to calculate my average yearly rate of return. For example:- Date May - 2013 - Total investment made ($1200) January - ...
1
vote
3answers
66 views

Simplifying money management

On a given day of the month, the bank account balance says little about how much we can afford to spend because we must factor in regular expenses and automatic debit payments that occur at different ...
0
votes
0answers
42 views

Indian resident > earnings go in USA bank > then wire to India > do I need to pay US tax?

The question says it all... I have a personal bank account in the USA (as a non resident), where I get paypal and other payments. These payments are then sent to my Indian bank. I do not live in ...
-1
votes
1answer
39 views

What is the probabiltiy of being assigned if the call expires in the money

If I sell a call option and at expiry, the call is in the money, is it guaranteed that I will be assigned and will need to deliver the underlying? What is the probability of assignment/ My question ...

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