2
votes
1answer
253 views

Can I report tax after April 15 if I am sure I overpay my federal tax and state tax?

Can I report tax after April 15, if I am sure I have overpaid my federal tax (U.S.) and state tax (MD)? What harm will that cause?
2
votes
2answers
46 views

Can my local municipality charge taxes on rental income I make out of state?

EDIT Sorry for the unclear question - been staring at tax forms all night. I meant to say that I live in a municipality in Ohio that charges local income taxes. It looks like my local municipality ...
-6
votes
2answers
51 views

Balancing an Interest Accrual Rate Between multiple loans

Tags: multiple student loans , balancing interest accruals , student loan help
3
votes
1answer
130 views

What is the coloring convention should I adopt for Buy and Sell

This might be more of a UX question, but since it relates to buying and selling of stocks, I wanted to ask if there is a standard coloring convention for Buy and Sell like we have for Up (Green) Down ...
2
votes
1answer
27 views

What Russell 2000 price action would move TZA on the upside back to its 6000 level?

Is it possible to see TZA at 6,000 ever again? What kind of decline in the Russell 2000 would it take? Since TZA was originally at 6000 and now at 15, is it possible, with a huge future downturn in ...
4
votes
0answers
30 views

Is the Social Security delayed benefit increase in addition to COLA?

I understand that delaying taking social security from full retirement age (67, based on my birth year) until age 70 results in a 24% increase in the monthly benefit, or 8% per year. Is this amount ...
1
vote
1answer
24 views

Sales taxes to apply for a Canadian company selling digital subscriptions

Let's say I have a web service that is a mail server (I cloned gmail). People pay me 10$ per month to use it. My business in located in Canada. When a Canadian resident sign up, I have to charge local ...
3
votes
0answers
23 views

US tax returns for a resident - No US income and indian shares

I just moved to the US and was working in India till some months back. I am a US resident now. I don't work here currently but I had salaries and taxes paid in India. Apart from that I have shares I ...
2
votes
2answers
36 views

Display vs Non-Display Limit Orders

In an effort to better understand how market exchanges work, I was attempting to learn how orders get executed on NASDAQ. The following quote is from their website (click here to view): NASDAQ ...
1
vote
2answers
122 views

Giving someone else access to a bank account in the UK, any dangers?

I need to give someone else access to a bank account to easily manage shared expenses. That is, allowing them to log in into ebanking. I'm planning on using a bank account I already have under my name ...
2
votes
2answers
80 views

Do I have to pay state taxes on income not earned while living or working in that state?

[All values are approximate] I moved to Pennsylvania, from Maine, last June 1st. I ceased all residency and employment in Maine on the 31st of May. In doing my taxes this year (using HR Block ...
0
votes
2answers
172 views

If I own x% of company A, and A buys company B, do I own x% of B?

This might be a dumb question, please bear with me. Ok, so imagine I own x% of Facebook and Facebook buys WhatsApp, does this mean I own x% of WhatsApp? How much shares of FaceBook do I need to own ...
2
votes
2answers
140 views

Creating a Limited company while still fully employed

I am thinking of doing contracts instead of full time employement in the IT sector. I have researched that I can go Limited and employe an accountant for all the TAX, Payrol and Dividedns. I have not ...
3
votes
2answers
104 views

Can I open and fund both IRA and Roth IRA for non-working spouse in same year?

Is it possible to open and fund to max amount both IRA and Roth IRA for non-working spouse in same year? I have already opened IRA and got tax benefit for it, but now I am thinking of opening Roth IRA ...
1
vote
3answers
62 views

Be a partner, CTO or just a freelancer?

I am a programmer not good enough with business. I am doing a project for one of my clients. It's a new software product he wants to introduce; he's so confident that he wants me to be CTO of the ...
4
votes
4answers
173 views

I am turning 18 and I am a Student, I need strategies on building great credit soon. Where should I start?

I am High School student in the top ten percentile and I am turning 18 in a few months. I need strategies on how to build and maintain a great credit score quickly. I have had the same job for over a ...
0
votes
0answers
22 views

Show a credit card payment in QuickBooks 2014

I'm using QuickBooks Pro 2014. Here's a brief overview of my workflow in Quickbooks. Order something from a vendor (ex. order a monitor from Amazon) for my customer. Enter the bill from the vendor ...
13
votes
2answers
1k views

As an employee, when is it inappropriate to request to see your young/startup company's financial statements?

If you work for a young company, equity in the form of restricted stock or options is often a form of compensation and a way to keep you aligned with the company's goals. But as a new employee you ...
3
votes
1answer
78 views

Being tax efficient with dividend stocks

I've been considering selling off more of my (growth) stocks and placing the capital in dividend stocks. However, I realize Uncle Sam will tax me on any dividends I earn throughout the year. Is ...
0
votes
1answer
41 views

Whether the waterbill paid to HMWS&SB of Rs. 20,000 per year can be used for Tax benefits

I own a house under GHMC, Circle-15. The drinking water bill is Rs.1800 per month. Can I use these bills for Tax Rebate while filing IT Returns, similar to LIC Bills
3
votes
1answer
80 views

Does being added as an authorized user help credit score?

My wife and I both filed bankruptcy 15 months ago, and are slowly getting our credit back. We both got a credit card from Capital One. Does adding each other to the other's card as an authorized ...
0
votes
1answer
90 views

Buying Nasdaq stocks from outside United States

I want to invest in some companies listed on NASDAQ, but the financial intermediary firms in my country (Turkey) require high commission fees on transactions. Is there a reliable solution to make ...
2
votes
4answers
512 views

Is paying double on a car loan the same as choosing half the term?

If I get a $13000 car loan and have 3% interest and a 60 month term but pay double each month is that the same as getting a 30 month term?
0
votes
1answer
43 views

Google Finance: Input Parameters For Simple Moving Averages

I'm having some trouble understanding the simple moving average lines that can be added to a quote graph from Google finance. This related Stack Exchange question indicates that the only input ...
1
vote
2answers
86 views

Trading: How do you earn a good income when there is such a small change in price (pips)?

I don't understand how one can make more than pennies on a trade when the price will only increase in minuscule amounts - pips.
1
vote
1answer
112 views

Am I allowed to change my mind about itemized deductions and IT-2104

I recently changed job, and on the IT-2104 (NY state) I had to complete there is a section 2 saying "Complete this part only if you expect to itemize deductions on your state form." Does that ...
0
votes
1answer
34 views

What is the difference between future value of cash and Fixed deposit calculator [closed]

suppose my present value of cash is 2,22,051 and its future value is calculated by using the formula FV=PV(1+r)^n with r=8 and n=3.So future value is 12,95,001.432 Now if I go to fixed deposit ...
0
votes
2answers
61 views

How can I transfer the money I made in forex trading to my bank account?

I live in India and I have gained some money in forex trading. How can I transfer the money to my bank account? Is there any legal restriction? Can I transfer from Skrill?
8
votes
2answers
210 views

Mongolian bank offering a high interest rate. What's the catch?

A bank called Khan Bank in Mongolia is offering to keep my savings at 15.10% interest rate, account denominated in Mongolian Tughriks. They give an example "if you saved 100.000 MNT on 2013/11/12 you ...
3
votes
3answers
167 views

I'm getting gouged on prices for medical services when using my HSA plan. How to be billed fairly?

I had never given a second thought to the details of the bills that my health insurance (HI) company used to send me until I moved to a HSA plan. My typical (before the HSA plan) bill claim would be ...
2
votes
1answer
46 views

Do I need to report to FInCEN if I had greater than $10,000 worth of bitcoin in a foreign bitcoin exchange?

I have heard that FinCEN requires people in the U.S. to report foreign financial accounts with greater than $10,000 in them. This is the FBAR if I'm not mistaken. Do I need to report to FInCEN if I ...
1
vote
1answer
61 views

How do I log a Canadian NR4 form to my income taxes

I have stock in a Canadian company whose US branch I used to work for. They mailed me an NR4 form for my interest last year. I'm trying to fill out my tax forms this year and the advice I keep seeing ...
3
votes
1answer
45 views

Income Tax on Employer Provided Educational Assistance

My employer is helping me pay for my Master's Program in Computer Science. My employer has included the reimbursements (about $2,000) to me for my schooling within my wages on my W-2. Since I ...
2
votes
1answer
65 views

What does it mean to have “interest in” or “signature authority over” an account?

My tax software is asking me how many foreign accounts I have an "interest in" and how many I have "signature authority" over. I am unsure of how there terms are defined in this context. What does ...
0
votes
2answers
78 views

Stock market order execution

I want to know how an order gets executed at exchange level once I place an order through an online broker. If i place a buy order for 1000 shares of XYZ Company, does it execute at one exchange? or ...
11
votes
5answers
1k views

Rent or own, given these circumstances

Option A: $3600 (RENT) for a 3/2.5 condo. Option B: $629,000 (BUY) for a 3/1.75 house. This is in the Los Angeles area. Looking to live in this area for at least a year, maybe more. The house ...
1
vote
1answer
36 views

Startup Convertible note write-off debt?

I invested time in a tech start-up during 2013 that has since closed its doors. I received payment in the form of convertible notes... $30,000 in total, which of course have no value now. Is there ...
4
votes
2answers
184 views

Long-term capital gain taxes on ETFs?

Sorry if this is a very novice question. I couldn't find it by searching here or Bogleheads (I'm not really a 100% Boglehead either). Let's say I hold $30,000 in an ETF called BMT (Big Mike's Tech). ...
6
votes
3answers
185 views

Is it a good idea to get a mortgage when buying a house, for credit reasons?

I'm thinking about buying my first house, and I'm wondering whether I should get a mortgage from a bank or not. This is mostly because I've heard that getting a mortgage is critical part of building ...
1
vote
1answer
54 views

Transferring money to Indian private bank

I work for a friend overseas who want to pay me through SKRILL (MONEYBOOKERS - PAYPAL like service) in USD. I would have my Moneybookers account linked to my Savings Bank Account in a private indian ...
5
votes
2answers
142 views

Do I need to pay income taxes for the money I earn online from a foreign website?

I work for a website based in Europe and they pay me every month to my bank account (salary account). Every time I receive funds, I will get a call from the bank for confirmation and they ask for the ...
2
votes
2answers
45 views

Wash sale rule with dividend reinvestment

Let's say I buy some stock. Two weeks later it pays a dividend which is reinvested in fractional shares of the stock. The next day I sell all shares at a loss. Would this be considered a wash sale? ...
1
vote
1answer
46 views

Are all sellers required to comply with the FTC's Cooling-off rule?

I live in Texas, but the Texas rules seem to mirror the US CFR in this instance. Under 16 CFR Part 429 (and Texas Business & Commerce Code Section 39), there is a so-called FTC Cooling-off rule ...
0
votes
1answer
53 views

Is it possible that for shares to be reinvested in a stock you already sold?

I just recently set my taxable investment account from reinvest dividends to deposit in cash. However, there seems to be a delay (I assume related to one of the various dates associated with ...
3
votes
1answer
57 views

Max up HSA contribution for 2013

I and my employer made less than $3250 contribution to my HSA in 2013. I heard that I could still make contribution for 2013 before 4/15/2014. If this is true, and I deposit my personal money to HSA ...
0
votes
1answer
27 views

Commission free trades for non permanent resident?

My brokerage gives me a few commission free trades per month. Non-citizen, non-permanent residents cannot open an account. Are there any brokerages that offer commission-free trades and are open to ...
2
votes
2answers
38 views

How to handle unclaimed property income (wages)?

In 2013 I claimed and received unclaimed property in the State of Colorado. This property is unclaimed wages from a company I used to work for in the mid 2000's. I received no documentation with ...
2
votes
2answers
104 views

How to calculate ROI on investments? [duplicate]

I looked through the previous questions, and couldn't find one that quite addresses my question. If I start with $1000, and through investing it goes to $1200(100 shares at $10 go to $12), I can say I ...
0
votes
1answer
53 views

Buying company shares from NYSE being Ukrainian and currently living in Ukraine

I want to buy shares of the company offered at the NYSE. How do I do that? I am a complete novice at this kind of thing.
1
vote
0answers
65 views

Why isn't student loan interest deductible for married filing separately?

I understand one of the qualifiers for taking student loan interest deduction, as outlined in topic 465, among other places, is that you are not married filing separately. I always assumed this was ...

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