0
votes
0answers
12 views

In Germany, Tax class changed to 3 but I am still getting as tax class 1

In Germany, Tax class changed to 3 two month back but I am still getting salary as tax class 1. How much transition time generally take for class transaction to reflect my monthly salary.
0
votes
1answer
20 views

Does Condo HOA Insurance Cover Damages to Car

I currently reside in a condo. My car was recently vandalized in the condo complex and the cost of repair was lower than my auto insurance so I paid the cost out-of-pocket. Can the condo's HOA ...
-2
votes
0answers
23 views

Non-resident wanting to visit family and stay for more then 30 days? [on hold]

If I work in the Middle East and am considered a non-resident from the USA and have been for almost 19 months. Can I remain in the USA for more then 30 days per year after my first year of ...
0
votes
0answers
26 views

Why CFD works? No stocks involved? [duplicate]

I don't understand CFD. I know sth about the leverage. Also that you can make money on the stock price fall - you sell before fall and then buy the same number of stocks to "resupply" the broker. But ...
0
votes
0answers
21 views

Cosigning on a House Loan [on hold]

I cosigned on a house for a friend because I trusted her implicitly. Then she became a meth addict. Her life is falling apart and I am starting to have to pay her mortgage because she can no longer ...
2
votes
1answer
48 views

How to bring my assets to US

I am a naturalized US citizen. I want to bring my assets from India to US. My assets are sold and in a bank account. What are the steps to bring the money to the US? It is worth 1.25 Crore and I have ...
1
vote
1answer
21 views

income tax liability

My son is working in Nederland. He first transferred money to his saving account in India and from there he transferred the money to my saving account (about RS 7 lakh), I need to know whether this ...
0
votes
0answers
19 views

Can anyone recommend a good tetxbook that covers fundamentals of finance? [on hold]

I am beginning to read more about finance. However, I certainly notice gaps in my knowledge with regards to its fundamentals. It's extremely difficult to read into more specific topics when one ...
2
votes
1answer
20 views

Am I eligible for Home mortgage interest deduction if I live outside the US?

I am a US citizen living outside the US, and I have a mortgage. Am I eligible for Home mortgage interest deduction?
1
vote
1answer
28 views

Determining if an undergraduate scholarship stipend is eligible for an IRA

I'm a recipient of an undergraduate scholarship that covers full tuition and provides an additional annual stipend (paid directly to me) for general living expenses in return for employment after ...
2
votes
3answers
63 views

Can't withdraw from 401k because plan trustee can't be found

My previous employer (startup in Silicon Valley) was acquired by a foreign company about 2 years ago, and the parent company laid off pretty much everyone about 1 year ago, which I was a part of. I ...
1
vote
1answer
25 views

Coverage Provided by the Movers for an Out-of-State Move

This is taking place in the USA. In a few weeks, I'll be moving from one state to another (about 500 miles away). My new employer is providing the relocation. My employer has contracted a big moving ...
0
votes
0answers
22 views

What phased out tax benefits should I be aware of (aka how much stock should I sell)?

I am married filing jointly in CA. I own a chunk of stock (~300k on a basis of 7k) in a company I formerly worked for that has recently IPOd. I'd like to diversify my holdings in a tax-smart manner. ...
3
votes
0answers
19 views

What's the tl;dr investing rules for married Canadian citizens when one partner happens to have US citizenship?

Canadians with US citizenship have several things to consider regarding investments: Canada's Tax-Free Savings Account (TFSA) is not considered tax free by IRS, and filing taxes may significantly ...
0
votes
0answers
14 views

Immigrants sending money back [on hold]

When some part of a family in a poor country migrates to a rich country, the ones who migrated often send money back to those who didn't. I just heard that they on average pay 8.4% of that money just ...
10
votes
8answers
2k views

Is asking to pay off principal first a placebo?

Some people say that in order to pay off a loan sooner, you should ask the lender to "apply your payment towards the principal", so that they won't "apply your payment towards the interest". From my ...
0
votes
1answer
18 views

How to categorize shared income?

I'm a total bookkeeping noob. My LLC has an agreement with another LLC where we split income coming from a particular source. As it happens the income comes to my business's bank account and then I ...
7
votes
1answer
252 views

Can expenses for attending stockholders meetings be deducted in U.S. income taxes?

I have a few different common stocks holdings from which I receive quarterly dividends. In addition I receive an annual notice of a stockholders meeting and of course the voting proxy. I have often ...
3
votes
1answer
82 views

Accidentally withheld too much tax when cashing out 401(k)

My son recently cashed out his 401(k). (He really didn't want to but it was necessary). When completing the form, he accidentally checked to withhold an additional 25% tax instead of an additional 5% ...
-2
votes
1answer
22 views

E*Trade commission

I was wondering how the commission on E*Trade works. They say that they take 7 dollars for each transaction, but do they also take a percent of your earnings? Lets say that I made 3000$, would they ...
0
votes
0answers
16 views

Credit card creditors have two approaches to handling interest

Most credit cards calculate interest at the end of the cycle and add it to the balance. This reduces the available credit and when overlimit the cardholder is required to make a larger than normal ...
0
votes
0answers
15 views

Leveraged Trade program

I was contacted by an acquaintance and introduced to a leveraged/trade platform program where I would put 10% (of what I needed) into a personal account with Citi Bank in my name only. In 90 days, I ...
3
votes
0answers
20 views

Will it be financially advantageous to rent out my condo on AirBnb?

I'm considering renting out my furnished 2BR/2BA condo as a daily rental. It is close to hospitals and is in Little Rock, the capital of Arkansas. I don't expect to make enough money to pay all the ...
6
votes
5answers
384 views

I've tracked my spending and have created a budget, now what do I do with it?

I have spent considerable time this year tracking my expenses and income so that I can have confidence in my household budget. I've been using an Excel spreadsheet that I found to track everything ...
2
votes
3answers
30 views

How old do I have to be to take a loan, and how should I go about the process.

I'm currently 16 and have been invited to attend a National Youth Conference for National Security in Washington DC this upcoming fall. I just moved in with my mom and this trip isn't exactly ideal ...
0
votes
0answers
25 views

When a stock deal is made in an exchange, which price is used? [duplicate]

I know little about stock exchanges, and I'm curious about a scenario I just thought about, so if I'm missing something obvious, please let me know. If I understand correctly, a stock exchange is a ...
5
votes
3answers
94 views

Avoid paying off a mortgage early?

My mortgage is 3.5% fixed rate. I have enough money to pay off the remaining balance, and still have enough left over for an emergency fund. My investments have historically made more than 3.5% per ...
-1
votes
1answer
15 views

USA Income tax for foreign worker

I live in South America and I'm working for a company in the USA. I'm planning on opening a US Bank Account from abroad (with the help of my local bank). In this case, I would receive my payment in my ...
3
votes
1answer
25 views

Can There Be Partial Trade Fill Percentage?

I am a 20 year old investor, so far my trading account is quite small (~10k) so I haven't made many large trades, most have been worth a couple thousand dollars. I noticed in my broker (TD Web ...
2
votes
0answers
20 views

Are Kentucky vehicle property taxes paid in arrears or advance?

(Note: This question is not about sales tax.) We paid the Registration on our van last November, which includes property/usage tax. This month we turned over the vehicle to the dealer from whom we ...
0
votes
1answer
63 views

How can someone else sell a car with my name also on the paperwork?

I just found out from my x that he got a new car but my name was still on the old one and I never signed any paperwork when he traded it in. How can a car dealership do that with my name still on it?
1
vote
2answers
70 views

Which is more meaningful for individuals - inflation or cost of living adjustment?

I'm helping provide a neutral review of payscale changes at my office (as a non-financial person) and I'm not sure which metric to use when comparing pay raises to financial change. I understand the ...
11
votes
3answers
991 views

First time home buyer - Need suggestions and views on few things

We are a family of 3. Couple with one kid (2nd grade). We have been in states for 13 years. All these years we have been renting. So far I preferred to rent. But the rents are going up. Currently, ...
3
votes
1answer
79 views

How do I get into contact with the IRS to ask some tax questions?

Way back in March I filed my taxes, and applied for a payment plan. My request actually never went through, and I ended up having to re-apply on April 20th. The representative I talked to said that my ...
-1
votes
0answers
33 views

How is Credit Score Calculated [on hold]

How is credit score calculated by credit companies? What factors can increase or decrease credit score values?
3
votes
2answers
132 views

24% tax on first pay in the UK?

Quite a similar thread to others I've seen here - hope I'm not repeating the same questions again! I just got my first payslip after arriving in the UK and noticed that the tax is far higher than ...
3
votes
1answer
57 views

Is cash (from sale of equities, other property or savings) taken into account for mortgage affordability?

Imagine the following scenario: Gross annual income - $100k Cash (from property equity, shares, saving etc) - $100k No debt. Down payment - 20% (e.g. $20k) to be taken from cash pot. Mortgage - ...
0
votes
0answers
105 views

How to find small vacant lots to buy?

I would like to buy a small vacant lot so I can erect a small warehouse and store stuff there. However, the problem is that people don't generally advertise the sale of small, empty lots with no ...
-1
votes
1answer
53 views

What happens if there are insufficient funds in my checking account when a cheque is deposited?

In my question, there are two accounts involved. I will call the account where funds are being taken from (debited) Account A and the account where the cheque deposit happens Account B. Question: At ...
1
vote
1answer
34 views

What's the penalty for filing taxes late in canada if you're owed a refund?

For a number of totally avoidable reasons, I just filed my taxes. I'm owed ~3500$ and I was wondering what I should expect to get from the CRA. I've heard there's no penalty for filing late unless you ...
0
votes
0answers
8 views

GnuCash How to track a bill in A/P and in an asset account and get tracked to customer who reimburses

I incur expenses on behalf of clients who will reimburse. In quickbooks i would create bill to vendor and track to customer. expense went to A/P and the the other entry was an asset account. This ...
0
votes
0answers
31 views

Employment in USA. Deputation in India

Is it possible to be employed in USA on W2 but deputed in India ? Any pros and con related to this type of arrangement ( insurance/benefits ). Anything special needed for tax filings.
1
vote
1answer
20 views

Which tab in FBAR form?

I am about to file FBAR. I see 3 tabs in FBAR form where account information is to be entered - separate/joint account, no financial interest, consolidated report. I have some mutual fund units ...
-2
votes
0answers
26 views

loan apply for over the credit card [on hold]

I am working in a software company and I had a overlimit debt of 51000 on credit card and now i want to apply for personal loan to pay of my credit card bill . Can I go ahead and apply for loan?
0
votes
1answer
33 views

XIRR not working for this dataset. Any other method to calculate rate of return?

For this particular dataset xirr is not returning any reasonable value either in excel or google spreadsheet. What is the option to calculate the rate of return in cases like this?? Sl-no date ...
1
vote
1answer
38 views

Does transferring credit card providers affect your credit score?

I know that part of your credit score is the "average age of lines of credit". However, I'm not sure how the credit agencies determine what a particular "line of credit" is. To be specific, my bank ...
31
votes
10answers
7k views

Is it ever a good idea to close credit cards?

I have a bunch of credit cards with no balance, while others have fairly high balances. I'd like to close the 0 balance cards, but I know that will reduce my overall balance and hurt my credit rating, ...
1
vote
1answer
63 views

Can a F-1 student visa holder loan a car from bmw?

Here is a little bit background: I am currently an opt(F-1) student working at a company as a software developer. My company is actively working with a law firm to get me a work visa. A couple weeks ...
7
votes
2answers
944 views

Can shops use card payments to track/profile customers?

Can shops use payment information when you pay with a debit or credit card to track a customer's buying habits? In other words can a shopkeeper link different purchases at different times in his ...
4
votes
4answers
139 views

Is this follow-up after a car crash a potential scam?

A few nights ago I had an accident with another car. I hit their bumper bar, put about a tennis ball size dent. No damage was done to my car. I didn't tell them that I had insurance. Just putting ...

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