3
votes
3answers
106 views

question about short selling stocks

I'm trying to wrap my head around short selling. Online the explanations i found talk about borrowing a stock from your broker, selling it at a high price then waiting for the stock to drop in price ...
9
votes
2answers
184 views

Co-signer deceased

2 years ago an elderly woman that I helped take care of and I worked for her co-signed for me and my fiance to get a 4 wheeler. We have never missed a payment and Honda will say that we have perfect ...
0
votes
1answer
34 views

See list of stock trades for day [closed]

Is there is a place where I can see all trades for certain ticker for a given date? I am pretty sure I have seen something like this, but I can't find it. It was even showing the names of the people ...
1
vote
1answer
62 views

Why do stocks split?

What is the purpose of a company splitting? E.g I have stocks worth 2.00 per share, and next day I find out that I have gain 800% in my account before the market opens.
1
vote
0answers
20 views

US Account Taxes

I'm an Australian resident with a US brokerage account. At what point would have to pay taxes in the US after realising gain through my brokerage account?
1
vote
2answers
111 views

Lost credit card replaced with new card and new numbers. Credit score affected?

I recently left my credit card at a bar so I reported it as lost to my bank, and my bank said I will get a replacement within a few days. For what it's worth, I picked my card up from the bar a few ...
0
votes
1answer
23 views

How do I join transactions after importing from multiple bank account statements in GNUCASH?

I found this but I don't feel it really solves the issue. When importing from two mt940 statements, which have transactions between each other, how can they be "joined" as double entries between the ...
0
votes
1answer
59 views

How to check stock prices online?

I do not know anything about stock market. However, I got interested in it and I want to know about it. I want to know how I can check the prices and to know the companies which sell their stock ...
0
votes
2answers
34 views

Calculating true rate of a loan with an origination fee

If I have a loan of 1000 at a rate of 5% for 3 years compounded monthly, but I pay a 100 origination fee, do I calculate the loan on the original loan amount, or the reduced amount (1000-100)?
0
votes
1answer
71 views

Would falsely claiming W-4 exempt status?

I have ~60K coming from my employer as supplemental wages If I get this in lump sum, the tax withheld would be around 40%. My usual tax rate is about 25%. I know I would get much of that extra tax ...
0
votes
0answers
37 views

Working remotely for a UK based company while living in Japan?

I am currently employed by a UK based company but am going to be working remotely in Japan, then eventually move there while still working for the same company. I have no idea what the tax situation ...
1
vote
1answer
51 views

What are the differences between a REIT and an MLP?

What are the differences, in layman's terms between a REIT and an MLP? Why should I choose one over another? Could you also provide real-world examples for both types?
-1
votes
1answer
56 views

Can I withdraw cash from margin?

Let's assume I have $100,000 worth in stocks: $50,000 I paid for in cash and the other $50,000 on margin. Can I sell the shares bought on margin and withdraw those $50,000 out of the brokerage account ...
4
votes
1answer
77 views

Upcoming company merger with company I have stock in, help me interpret what is happening

A company I have stock in just entered a merger agreement with another company. I received a letter today detailing what will happen to the stock I have in the company, but I don't understand what it ...
0
votes
0answers
18 views

Share certificate and ledger to sell 20% of new (small) company

I incorporated last year with Delaware Inc. The company spent about $150,000 to set up operations. I was the sole owner of the company. I promised one of the early workers 20% of the company if some ...
0
votes
1answer
41 views

Washington State tax filing extension?

I just filed a federal tax-filing-deadline extension for myself. Does Washington state require a separate one? Turbo Tax didn't mention anything about it (I used it to file my extension) and it ...
3
votes
2answers
104 views

Is It Possible For All Insurers To Leave the State?

UnitedHealth is leaving a few Georgia, Arkansas and Michigan - hitting home in our case, and what happens if its former competitors in those states do? Does ACA have an alternative route for people's ...
0
votes
0answers
17 views

I contributed to an HSA in 2014 that was supposed to be for the previous year, but wasn't

When I contributed to my HSA in 2014, it was supposed to be for the year 2013. This wasn't done. Can I correct this? Thanks,
1
vote
0answers
53 views

Does government track wu transfer?

I have been sending money to my family back in China over year now and probably sent 25000. But last week I was trying to send it through wu agian and they put it on hold and decline saying it ...
0
votes
0answers
31 views

Company Leased Car - Transfer from a colleague

An employee in my org got a company leased car and he is planning to transfer the lease. EMI: Rs. 15300 Tenure: 60 months Already paid 25 EMIs = Rs. 382500 Remaining 35 EMIs (that I'll need to pay) = ...
4
votes
3answers
1k views

Leasing a car I intend to buy

I'm aware of the usual pitfalls of leasing a car (I found this question very helpful) and I know the general rule is that if you can't buy the car in cash, you can't afford it. However, I need a new ...
0
votes
1answer
60 views

How to recover money from old closed/dormant bank accounts in the U.S.?

Can anyone answer how to recover cash from (old) closed bank accounts from banks in usa?
1
vote
0answers
29 views

How to file income tax for administratively dissolved S-Corp still getting money from contracting work?

I have an S-Corp which I just realized was administratively dissolved in 2011. But I have been using a bank account linked with the S-Corp to get contracting income. I have filed 1040 schedule C for ...
5
votes
2answers
663 views

Does TurboTax mail my state forms for me?

I just filed with TurboTax, and it mentioned along the filing process that my state taxes (for Idaho) have to be filed by mail, though they didn't show the forms to actually mail in. Does that mean ...
0
votes
0answers
6 views

When to pay IT in India on income in Japan under DTAA?

I am staying in Japan and have signed for paying IT in India under DTAA. My company will give me statement of income while I return to India after full stay period, i.e., two years. Do I pay tax in ...
23
votes
4answers
5k views

What risks are there acting as a broker between PayPal and electronic bank transfers?

I have a company offering a position as a transaction representative, they're located in Poland and say they can't take direct payments or use Paypal due to "money amount limits" on Paypal there. ...
0
votes
1answer
81 views

Bank allowed to keep title

I co signed on loan and put my truck title as collateral, the one I co-signed for had went back borrowed more money without me knowing, so my name is now not on loan so can the bank still keep my ...
0
votes
0answers
24 views

The time period required to hold a stock for getting the dividend [duplicate]

Normally, how long is it required to hold stock before being able to get the dividend? Is this time period universal to all the companies? Thanks.
8
votes
1answer
205 views

Oh, hail. Totaled car, confused about buy-back options

I have a Toyota 4Runner Limited - V8, 4x4, nav, you name it. During our oh-so-wonderful hail experience last week (I was momentarily knocked our by a softball-sized chunk of the stuff), it received a ...
0
votes
1answer
37 views

Mortgage Interest and Property tax for a multi-family rental property I live in

I own a two-family house (duplex) and live on the first floor. Traditionally I've been reporting half the taxes and mortgage interest as expenses against the rental income, and the other half as my ...
0
votes
2answers
87 views

Maker taker fees - can somebody explain in plain english?

I'm interested in learning about how trading works, but this is all very new to me so bear with me. (I'm just poking around at this point, obviously nowhere near ready to actually be trading) Some ...
0
votes
1answer
79 views

Why would an error in sales tax not affect IRS tax due?

Someone filed out their US 1040 using H&R Block Tax Software. They have under $2K tax due: less than employer withholding, so they have a refund coming. They live in a state with sales tax but no ...
1
vote
1answer
45 views

Home sale capital gains tax under two years

I have lived in my townhouse (primary residence) since July 2015 and have considered selling my house due to the crime in the area picking up. I have considered purchasing a new house in a better area ...
1
vote
0answers
14 views

How to declare foreign benefits in German tax refund?

I did an internship in Germany last year and now I am trying to fill the tax refund papers with the Elster online tool. I received the summary of paid taxes etc. from the company and my German income ...
1
vote
1answer
113 views

Can I buy Nintendo stocks (or any stock not traded in US) while residing in US?

I live and work in US and definitely have extremely limited experience with stock exchange. I would like to buy Nintendo stocks but it seems that they are not traded in the US markets and thus it ...
7
votes
2answers
499 views

I live in Maryland and work in Virginia. Do I need to file multiple state tax returns?

I live in Maryland and commute everyday to Virginia for my job. I do not have any rental property in Virginia. Do I need to file multiple state taxes?
-1
votes
0answers
19 views

Sending money from a foreign country to USA account

I live abroad and I'm sending a wire transfer of 14k to a relative in the US, she is a US Citizen. What are the implications of such transfer? do I need to pay taxes here and there? It's fine to make ...
3
votes
1answer
34 views

What forms do I need to fill out for a super basic LLC closing?

I made the mistake of turning my photography business into an LLC last year. I was really not ready for it and now I would like to close it down and end my business. I have no employees, I'm the ...
0
votes
1answer
119 views

How can a payment on a $62,000 Jaguar be $499 a month?

I was in the mall today and some dealer had a $62,000 Jaguar on display which had $499 painted on the winshield, which I assume is a monthly payment. If we ignore interest, that would be 500 x 12 = ...
1
vote
0answers
26 views

Tax on income earned in the UK

This is the first time I have paid taxes in the US. I am doing my best not to make a mistake. Here's the situation: Worked for three weeks in the UK in January 2015. I have paid UK taxes on this ...
3
votes
1answer
85 views

Found a check in a parking lot, what should I do?

I think it got discarded because it's only worth $7. But still at least for future reference what should I do when I find someone else's check? What is the proper way to 6 it to someone? Should I try ...
6
votes
2answers
97 views

What does basis point mean?

S&P's schedule of costs mention that getting a rating from them currently costs "6.25 basis points" of the offering. Does this literally mean 6.25%? As in if the bond produced was 100 million in ...
0
votes
1answer
17 views

Do I need a W-8BEN if I pay non-US citizens via PayPal?

I am getting most of my information from this page: http://www.kahnlitwin.com/blogs/tax-blog/form-1099-requirements-for-foreign-workers I pay both US citizens and non-US citizens as independent ...
0
votes
1answer
13 views

Canadian in California - filing taxes as a non-resident

I moved to the US from Canada end of November 2015 for a new job (about 35 days in 2015 with new job). Haven't worked in the US before and have only visited maybe 40 days over the last 3 years purely ...
1
vote
1answer
52 views

How do short term treasury bills work?

I'm trying to understand what return I'll get on 1 month treasury bills. I want to invest in something that has minimal risk, minimal management, and flexibility to get my money out. I'm looking at ...
1
vote
1answer
20 views

How do I file 2015 taxes for F-1 OPT till Sept 30, 2015 to H-1B from Oct 1, 2015?

Last year, I've filed 1040NR-EZ myself by entering all the values in the form manually. Because of complications in my case this year, I'm seeking a software's help. I was on F1/OPT From Dec 2012 ...
0
votes
2answers
70 views

What is the term for the quantity (high price minus low price) for a stock?

I believe my professor called this variant price, but I am not certain. Is there a standard term?
1
vote
1answer
24 views

Tax Efficient Medium Term Investment Options (Flexible Timeline)

I have recently opened up a new taxable investment account with the intent of growing my money set aside for short to medium term financial goals (i.e., 2-5 years with no fixed deadline). Unlike my ...
2
votes
2answers
29 views

Online tool to connect to my bank account and tell me what I spend in different categories? [closed]

Is there a tool that can link with my bank account and show me how much money I spend on different categories eg food, public transport, etc? A friend told me that www.waveapps.com does this but its ...
0
votes
1answer
23 views

What is the formula to calculate loans at variable rates and what is the function of PV (present value) in calculations?

Yesterday, I tried during the whole day to solve that problem: You have been living in the house you bought 6 years ago for $250,000. At that time, you took out a loan for 80% of the house at a fixed ...

15 30 50 per page