0
votes
1answer
16 views

Filling up W8-BEN-E PART III

I am a citizen of India, never travelled or worked in the US ever. I have registered a Pvt Ltd in India for doing business with a US-based client. I registered my company in Dec 2015. I read up and ...
4
votes
1answer
50 views

Tax year of HSA contributions on W-2

Payroll is done in arrears on the first of the month. HR promised that HSA contributions for the beginning-of-January 2016 payroll would go in for the 2015 tax year. To make things easier, HR sent ...
3
votes
1answer
273 views

How to find an optimum linear combination of various investments?

Say an investor with 1 million dollars want to put his money on several investments. Say investment outcomes on those investments are $x_1, x_2, x_3, x_4, ... x_n$ The investor need to put w1 on x1, ...
0
votes
1answer
28 views

How can I send money to someone from India to Pakistan?

I've one friend in Pakistan who did freelance work on a website project. So, I have to pay him for it. But unable to find any gateway.
0
votes
1answer
162 views

What's the folly with this stock selection strategy

I am very leery of investing in Stocks over here. I have tested some other Asian markets and gotten some returns. Rather than have my money depreciate (less interest than Current Inflation ), I'd ...
0
votes
1answer
54 views

Is the financial advice on http://www.moneysavingexpert.com/ designed only for the high street consumer? [closed]

The website http://www.moneysavingexpert.com/ seems to have a lot of accessible information but a lot of it is clearly aimed at the high street consumer with financial advice focussing a lot on ...
1
vote
1answer
81 views

Paying part of the mortgage before remortgaging

I am aware the exact answers to my questions below may depend on the conditions of the mortgage but I would still be grateful for some advice and pointers. Let's say I took a 2-year fixed rate ...
1
vote
2answers
91 views

Refund went through AFTER I received my current statement? [duplicate]

So I bought a blender from Wal-Mart for $100. I returned it a couple days later. My current credit card statement came in the mail and shows the $100 blender was bought. It does not show the refund. I ...
3
votes
3answers
267 views

How to calculate how much house I can afford?

Let me start by saying that I've already read How big of a mortgage can I realistically afford? And How much house can I afford, waiting around 3 years or so But those questions are very ...
4
votes
2answers
176 views

Property Tax Deduction When Selling a Home

We sold our home last November. During the year we paid property tax on the home, I'll say total of $6,000 for easy math. This is for the 2014 property taxes due in 2015. At closing we had to pay our ...
3
votes
1answer
57 views

Can MOOCs be treated the same as university for taxes (US)?

Without understanding a lot about taxes, I know that there are several tax credit opportunities for college students in the US (The American Opportunity tax credit, Lifetime Learning Credit, etc). ...
1
vote
1answer
36 views

Can I claim GST/HST Input Tax Credits (ITCs) on Uber, taxi, or limousine fares?

Uber invoices do not include a GST/HST number, and tax is not separated. On the other hand, Uber drivers ARE required to be registered for GST/HST and collect & remit the tax. ...
3
votes
1answer
112 views

How can somebody cash my state income tax refund check?

I am not a USA resident but I've worked the last summer in the USA so now I want to get my state income tax back. I know that the money is coming in form of a check on my name. I need somebody else to ...
40
votes
10answers
11k views

Is paying off your mortage a #1 personal finance priority?

Everyone always says and aims to "pay off my mortgage" But in the current climate of low interest rates is this really worth it? Should that money be put to use earning a higher yield? OR Does the ...
0
votes
1answer
22 views

company market capitalization to total (annual) stock market capitalization

I have a panel dataset with 13 countries and 10 years (1999-2009). I'm trying to calculate share/pctage of the average firm market capitalization to average stock market capitalization for each ...
1
vote
2answers
37 views

How to pay remaining tax after notice u/s 139(9) of income tax act 1961?

I got notice u/s 139(9) of income tax act 1961 due to tax payable issue. Now, I need to pay payable tax online. Here, my question is : How to pay remaining tax online even after notice u/s 139(9) ...
1
vote
1answer
40 views

How to transfer money from a paysafe card to Paypal or debit cards

The question is pretty straightforward but I'll put some background to it: I got a paysafecard to make a purchase from an online site that no longer supports this way of payment. I'd like to transfer ...
1
vote
0answers
37 views

How do I buy shares in companies traded on the Taiwan Stock Exchange from the US?

I'm looking to buy (and hold for years) a tiny position in a stock that's traded on the Taiwan Stock Exchange. Are there any online brokers I can do this with? If there are, how much will I have to ...
3
votes
2answers
56 views

NYSE vs. Nasdaq - can I tell what exchange a ticker traded on, based solely on the ticker?

So KO is clearly NYSE:KO, and GOOG is clearly NASDAQ:GOOG, but are tickers generally unique (between NYSE and Nasdaq)? If I mention a stock ABC and you know by context it's traded on an American ...
0
votes
2answers
76 views

What should I look for when looking for stocks that are 'on-sale'?

Considering the stock market is down these days I want to invest money in mainly Large-Cap Stocks and hold them for the long-term. I was originally looking at P/E ratios being lower than average, but ...
1
vote
1answer
33 views

irs 941 - “wages, tips and other compensation” vs. “taxable social security wages”

Back when I had an accountant, she entered very different numbers on lines 3 ("wages, tips and othe compensation") and 5a ("taxable social security wages") of the federal 941 form, with a lower number ...
0
votes
0answers
11 views

Bid ask spread on a mutual fund containing derivatives

On mutual funds with bid and ask prices, It is my understanding that these prices should be close to the bid and ask prices of underlying securities according to their weights in the fund, divided by ...
1
vote
1answer
42 views

Is it ok to just report to 1 credit bureau instead of all 3

I work for a company that reports customer account activity to all 3 credit reporting agencies (Experian, TransUnion, EquiFax) which requires a lot of effort and opens us up to a lot of risk if care ...
1
vote
0answers
23 views

Where can I find historical P/E ratios for companies?

Since the market conditions are down, I am considering on investing a little money in stocks, and holding them long-term. I would like to see which stocks are 'on sale' and am looking at the P/E ...
1
vote
2answers
40 views

Advantages of Tax payments v Withholding for Capital Gains?

I expect to sell my second home this year and make a profit, therefore I will owe Long Term Capital Gains. Putting that into TaxCut software when planning tax for next year it suggests a fairly small ...
0
votes
1answer
117 views

How to calculate depreciation?

I am not accountant and my question could be trivial but I will ask it. Let's say that I bought a car that cost $50,000. The maintenance cost over 5 years is $25,000. The revenue of the car over 5 ...
0
votes
2answers
65 views

car insurance - 2 cars, can I have 2 separate NCD

I know that I cannot use No Claims Discount on the second car but my question will be a little bit different. I build 4 years NCB in last 4 years. But there was a moment when I bought second car. When ...
3
votes
1answer
35 views

Tax: 1099 paper form

This is more of a question of pure curiosity and convenience. Why do 1099s have to be submitted on the special paper forms and not just printed out in multiple copies or purely digitally? Everything ...
0
votes
2answers
36 views

Roth IRA recharacterization, earnings, and conversions

The way I see it, a Roth IRA has 3 implicit buckets of money withdrawn in this order (with the big "conversions" bucket actually being a large number of smaller buckets): Contributions Conversions ...
0
votes
1answer
37 views

Days present in the United States as J-1

I am considered a nonresident alien for the tax year 2015. As such I have to file Form 1040NR of which Schedule OI is a part of. One question on the Schedule OI asks this: "H. Give number of days ...
3
votes
1answer
84 views

Is there a term for total money owed to you?

Is there a word, in finance, for the total amount of money owed to you? That is, for money you "have" but you don't have yet. For example, if I have $10k in the bank, and a total of $20k open ...
0
votes
2answers
85 views

Should I just stick with the funds that have had the highest long term returns?

Since I won't be touching the money in my retirement accounts for decades into the future (I'm 24 years old), does it make sense to just invest the money in volatile sectors of the market, but that ...
5
votes
1answer
57 views

Social Security Disability to Social Security

I am currently 62 1/2 yrs. old on SSDI and want to return to work. Can I apply for regular Social Security and return to work and not have to worry about losing my income.
1
vote
2answers
44 views

How does FOREX trading work? trading vs exchanging

If I was to trade on the foreign exchange market as an individual investor and I bought 100 USD with my 70 GBP. Have I essentially converted my currency similar to exchanging the currency in a bank ...
-1
votes
3answers
68 views

How can an individual trade currency directly and get the market rate?

If i needed to transfer 350000 pound into dollar, i could: 1) Go to bank / airport kiosk and exchange there (crappy rate) 2) Go through a FOREX broker (closer, but is this the official rate?) Or ...
0
votes
1answer
37 views

What currency does inter government debt take place? [closed]

For example If japan borrows from china what currency will it borrow in ?Or if India borrows from Russia what currency will the debt take place in ?
6
votes
1answer
475 views

how do capital gains work if the property that you purchased was modified since it's purchase?

Let's say you purchase 10 acres of land 30 years ago for $10,000 and that 10 years ago the city declared eminent domain on a portion of the land and built a road through it. Now you own two tracts of ...
0
votes
2answers
48 views

What effect would a company delisting from the LSE to move to china have on shareholders?

If a company trading on LSE:AIM decides to delist and move to a Chinese market, what happens to the PI's and general shareholders?
0
votes
0answers
36 views

Gnucash help understanding summary bar profit & loss

I use Gnucash for my personal finance management. My accounting periods correspond to months, starting in my payday and ending in the day before the payday. Problem is when I run the Profit & ...
0
votes
1answer
48 views

Why Are Percentage Gains Used for Capital Gains Tax Calculations?

In the context of UK investments, I'm led to believe that encashing a general investment account (OEIC/UT) can result in a capital gains tax liability. My understanding is that when calculating this ...
5
votes
1answer
94 views

I trade labor for lot rent on my live-in r.v. Can I claim any income to apply for eic? Do I owe taxes? There is no money exchanged

I work as a farm laborer in exchange for lot rent for my own r.v., electricity, and water on a friends farm. There is no cash exchange. I am the one and only "lot renter". Will either "landlord" or ...
2
votes
1answer
50 views

Is there an accepted standard for how US tax system treat UK ISAs for expats?

For US citizens living in the UK, the US tax system treats UK pension contribution and withdrawals pretty much like the UK does. Tax-free contributions, taxes due on withdrawals. Just like a ...
3
votes
2answers
115 views

What should I do to buy small amount of shares?

Let's assume the following scenario: I have 5000$ which I am willing to invest(lose). I selected 5 public companies that I would like to buy shares. Is there a way for me (an immigrant who works in ...
-1
votes
1answer
69 views

What causes a stock to drop in price?

sorry for some minor grammar issues its late and I'm trying to get as much information for a class of mine. So what exactly is making the price of a stock to go down even though as an example through ...
3
votes
2answers
10 views

Taxation on income sending from Hong Kong to India savings account

I am working in Malaysia from last 1.5 years, my company transferred salary from Hong Kong to my Indian savings account from last 18 months. Do I need to pay tax on this? All my funds transferred ...
1
vote
0answers
97 views

Square transaction cancelled

My 81 year old mother sold her car on Tuesday, the 26th of January, for $1850. She opted to use her Square account as she was paid with a credit card. Both Credit card companies involved approved the ...
4
votes
3answers
101 views

Suggested ways to save for a comfortable retirment in the UK given the lifetime allowance limits on pensions?

I've heard the rumor that this March's UK Budget will lower the Lifetime Allowance (LTA) from £1M to £800k or even less. They might index this for inflation. That seems to me to be a pretty low ...
0
votes
1answer
30 views

Where can I get my unique taxpayer ref number from?

I'm already registered for self assessment, but I don't know what my UTR number is because I'm abroad for 6 months and don't have those documents with me. Since I should already have a self ...
0
votes
1answer
23 views

Old -versus- New- Mobile Home that should carry Homeowners insurance?

A brand new mobile home was put on 4 acres that I own and there is another much older mobile home on the property, which one should carry "Homeowners insurance?
7
votes
2answers
262 views

What to do if asked to insert a 4-digits security code?

I own a MasterCard credit card. It has a 3-digit CVV code written on it, and I've always used it to make purchases. Now I'm in Ireland and everyone here wants me to insert a 4-digit code. The problem ...

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