1
vote
1answer
14 views

Evaluating an endowment policy for its fairness against other tax saving options in India such as PPF, EPF and even FDs

I am talking about specific endowment policy: Jeevan Anand. Firstly, there was old Jevaan Anand (Plan 149). And now there is new Jeevan Anand (plan 815). I had old Jeevan Anand policy. It is endowment ...
2
votes
1answer
914 views

Can I submit a hospital bill for reimbursement from my FSA if I am on a 12mo payment plan?

I have roughly $1500 in hospital bills. I called them and said that is too much for me to pay right now and they offered to split the payments over 12 months. Can I immediately submit the bill to my ...
0
votes
1answer
15 views

I have a question about how a check was written

I have a check for $2500.00 written to me. The longhand is written "twenty-five hundred" instead of the standard "two thousand five hundred". Will the banks accept the check?
0
votes
1answer
43 views

Consumer Loans vs Mortgages

Could someone please tell me what are considered "consumer loans" and what that means regarding other types of loans. As of right now I understand that vehicle loans and home equity loans/lines are ...
1
vote
3answers
30 views

Is this how you do Currency Conversion in excel?

CHF (Swiss Franc Currency) USD (U.S. Dollar) 0.976 CHF = 1 USD 1.025 USD = 1 CHF I have to convert 14,603.39 USD into CHF on Excel. I basically took: $14,603.39 * 0.976 to get CHF 14,252.906 ...
2
votes
1answer
68 views

Tax NRI and returns filing

I was a NRI in Saudi Arabia from Nov 2009 to October 2011. I have transferred money from my Saudi Account to my NRI joint account in India. After which I transferred it to my own savings account in ...
0
votes
2answers
13 views

Calculate money owed on shared loan

I am in an interesting situation that I am looking for help with. I went to college a number of years ago, as did my brother. My mother had two student loans (one for each of us) and a few years ago,...
2
votes
3answers
2k views

When a real-estate counter offer is made, and ignored, can the seller still accept the original offer?

Buyer makes an offer. Counter offer is made. Buyer has meantime seen another house they prefer, so choose to ignore the counter offer. Is the Seller then permitted to accept the original offer? Does ...
4
votes
2answers
109 views

Form 1040 - where to place my stipend?

I'm hoping for a second opinion because this is the first year that I will be filing a Form 1040 with my new travel job. I am a traveling occupational therapist with an income of $70,000 per year. Of ...
0
votes
1answer
8 views

Can I use a foreign travel card to make an online transaction from India to a website hosted in the US?

I have a foreign travel card valid for paying in the US from Thomas Cook. I'm an Indian citizen and currently in India. I want to make an online payment via a website hosted in the US. Is this ...
2
votes
3answers
152 views

When I ask a broker to buy stock, what does the broker do?

I have been wondering while learning about finance, how do stock exchange work? I mean when you ask your broker to buy stock at this company, what does the broker do to buy it? What steps does the ...
1
vote
3answers
144 views

20 and need guidance with finances

I just turned 20. I'm in the Army, I came back from over overseas 6 months ago. in January 2016 I invested 5500 in a Roth IRA and 9500 in stocks with Edward jones. altogether as of now I've gain about ...
1
vote
0answers
11 views

Does Profit and loss has break down on previous/current tax year or full calendar year?

I'm doing my personal tax return at tax.service.gov.uk for my Limited company and it may be sound very simple question, but it's confusing for me. Given the following Profit and loss table for tax ...
8
votes
3answers
675 views

What is a reasonable salary for the owner and sole member of a small S-Corp?

I am the owner and sole member of a small s-corp. I am a litte confused regarding the reasonable salary the IRS requires. The S-Corp is fairly small and requires very little work to maintain. Would ...
5
votes
2answers
100 views

How do cashier's checks work and why are they good for scams?

I read these two things while trying to understand cashier's checks, and they seem to conflict: 1: Cashier’s checks are checks issued by banks, and they're used when somebody wants to be sure that ...
0
votes
2answers
25 views

Dividend yield for multiple years?

I am looking for an indicator of percentage of dividend stocks about last 5 (?) years. It is easy to find info about dividend of last year (Dividend_yield but I cannot find an indicator for multiple ...
4
votes
4answers
165 views

Should I replace bonds in a passive investment strategy

In a passive investment portfolio one usually has some sort of mix between stocks and bonds which are supposed to offset losses from each other. I've read that because of low interest rates persisting ...
2
votes
2answers
588 views

As director, can I invoice my self-owned company?

As being self-employed, can I invoice my self-own non-VAT Limited company (used for IT contracting)? If so, in what circumstances (e.g. making my own Ltd company website)?
2
votes
1answer
36 views

Moving from Google Finance to Yahoo Finance

I have used Google Finance for ages and used to like their interface. I also liked that I'd have easy access to their dashboard from my Google Home page. I put my transactions in there and it seems ...
1
vote
2answers
85 views

Transferring money through ACH, SWIFT or Wire?

What are the differences among these three ways of transferring money? Which one should I choose for transferring small amounts of money from the US to other countries, from an individual to another? ...
0
votes
2answers
50 views

Employer RRSP match vs. contribution limits for recent grad with no RRSP room?

I'm just starting my first job ($55k), which includes an employer RRSP match up to 5% of my income. I only have $500 of RRSP deduction limit for this year as I have never worked before. Can I ...
1
vote
0answers
8 views

When can I start contributing to my Spousal RRSP again without attribution implications?

I have a question about the Spousal RRSP that I want to validate. When can you start contributing back to a Spousal RRSP after a withdrawal has been made? Summary of actions taken so far: My last ...
1
vote
1answer
24 views

Is it possible for an individual to refuse a cheque in France?

Some shops in France do not accept cheques (anymore or never have). Is it legal for an individual in France to refuse payment by cheque as well? In other words, is it possible to force someone (an ...
1
vote
1answer
22 views

Can a business owner be the signatory on a check made out to themselves?

I am curious as to whether a business owner can sign a check made out to them personally.
1
vote
1answer
48 views

Making extra money on the side [on hold]

I was hoping to get some ideas about how to make extra money. I'm currently working as an undergraduate researcher for next to nothing, it allows me to pay rent but only barely. I need to make some ...
2
votes
2answers
10k views

How do I get my name removed from a co-signed car loan?

I am the primary signer for a car loan consigned and being paid now by my son. Is there any way I can get my name removed from this loan?
1
vote
3answers
258 views

Can you switch credit cards annually to avoid interest if you have no outstanding balance?

I am aware of how balance transfers work, and that there are various things to consider with that. However, I generally treat my credit card as a debit card, paying it off fully at the end of each ...
2
votes
1answer
22 views

How should accumulation type units in unit-trusts/OEICs held outside of an ISA/SIPP be handled for tax?

If I hold income type units (call them "INC") of a fund (or investment trust shares or regular equities for that matter) outside of an ISA/SIPP wrapper, it's obvious enough how to fill in a tax return:...
5
votes
4answers
33k views

If someone lives in one state and purchases a winning lottery ticket in another, where should they file their winnings?

If you've been paying attention (at least in the US) for the past couple days, you are aware of the Mega-Millions lottery drawing that is coming up which is conservatively estimated at $500m $640m! At ...
0
votes
1answer
12 views

Transfer funds from UK to India - Is it taxable in India as well

One of my Relative who was Resident in UK. He expired recently. Since he had a Fixed Deposit,Hence can I transfer it to my Savings account in India. As the value is huge 10 million. Please let me ...
1
vote
1answer
66 views

Do i have to pay tax if my friends father transfer money monthly to my account to give him

My friend doesn't have a bank account so his father transfers money to my account monthly, rs 20,000/- for that do I have to pay any tax?
74
votes
12answers
14k views

Is there any way to buy a new car directly from Toyota without going through a dealership?

I'm so tired of haggling with the dealers at a local Toyota dealership. They are not only pressing, but also aggressive, condescending and mean. I want to cut the middleman. I know exactly what I ...
0
votes
1answer
9 views

Calculating duo loan monthly reimbursements

Instead of taking a single loan of 200 000 at 1.7% over 25 years, I've been proposed to take out two loans: 100 000 at 1.2% over 15 years (loan A), 100 000 at 1.7% over 25 years (loan B) With the ...
5
votes
1answer
87 views

What solar panel subsidies does Australia have right now?

I'm thinking about buying solar panels for my house. Only thing is I'm not sure whether to wait. I've been told that the value of solar power in Australia has remained largely the same - this is ...
3
votes
2answers
109 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 ...
2
votes
1answer
175 views

Automatic Investment Plan - Non U.S resident

I am looking for any options to invest small amounts each month/quarter without commissions eating me up. As a U.S. resident and investing in a Mutual Fund, this is no problem. AIP programs Non U.S. ...
-1
votes
0answers
8 views

How to represent claim of insurance in balance sheet? [on hold]

Suppose, A firm has done insurance of their goods. In the following year, the $100 goods of firm get destroyed and firm claims insurance company for the destroyed goods. The insurance company gives $...
2
votes
1answer
23 views

Do I have to send in form 1040ES for estimated tax if paying online?

I'm a self employed freelancer who is paying quarterly taxes. The IRS shows that I can direct pay online, on their website. Do I have to send in form 1040ES, or do I just pay the amount I calculate? I'...
0
votes
0answers
24 views

How to send £10 from the US to the UK? [on hold]

I am buying a book from someone in London, and need to send £7 for the book, and £3 for shipping. We don't know each other, so a bank transfer is unlikely. She is an older woman, and I don't think she ...
4
votes
1answer
151 views

Social Security contribution of a J1 visa holder leaving U.S. permanently?

I was a J1 visa holder (post-doc) in the US for 18 months and contributed to Social Security. Since I am not going back to the U.S. again, am I eligible to get the money back? Thanks and regards JMV
4
votes
3answers
15k views

I am not a U.S. citizen. What happens to my 401K if I have to go back to India?

I am not a U.S. citizen. What happens to my 401K if I have to go back to India? Can I distribute (withdraw) my money at that time without paying the penalty?
1
vote
0answers
18 views

Secondary medical insurance for aliens

I am an alien in the US and recently I had a change of employer. The medical insurance provided by my current employer is not so great. I want to cover off the expenses and the deductibles not ...
0
votes
1answer
59 views

The Term Bulls and Bears?

My thought is that a bull pushes up while a bear swipes down. Is that where the terms come from? Bull market and bear market?
5
votes
4answers
244 views

Using credit cards online: is it safe?

Since I started using payment cards online, I have completely no understanding about how these payments are secured. Whenever I pay online no matter for what, I'm usually asked to provide all ...
-3
votes
1answer
59 views

Winning the lottery and moving to save on taxes

If I win the lottery, can I move to another state or Puerto Rico to save on taxes?
2
votes
3answers
1k views

Is there any way to pay online in a country with no international banking system

I live in Ethiopia and according on the National Bank of Ethiopia, it is illegal to get any money out of Ethiopia without special permission from the bank. I personally want to make some online ...
1
vote
1answer
41 views

US - How much money can I send abroad, and how?

I am a Brazilian citizen and I am in the US with an L-1 (intra-company transfer employee) visa. My wife is British and a permanent resident of Brazil. I have remainings of a mortgage in Brazil. I ...
0
votes
2answers
75 views

Closing a credit card with no debt to avoid annual fee

I have a credit card through my bank (in the US), which I've had for several years. I spent the last year outside of the US, so I got a second credit card from my bank - one with an annual fee (waived ...
1
vote
1answer
50 views

using credit card and paying back quickly

Say a multiple purchases were going to be made in a single day, say the purchases were of the amounts $500, $400 respectively paid by credit card on a card who's overall limit is $1000. If I was to ...
3
votes
2answers
94 views

Could there be an interest for a company to make their Share price fall?

I am wondering if there is any interest for a company to make statements or to act in any manner such that would make investors refrain from investing in their shares? Take Nintendo recent statement ...

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