All Questions

1
vote
0answers
39 views

Canadian postdoc with fellowship in US : how to file taxes?

Here's my situation: I am a Canadian citizen doing a postdoc in USA. I have Canadian fellowship, supplemented by my University in US. Thus, I have Canadian income (fellowship) and US income (regular ...
1
vote
2answers
92 views

What if the vesting period of a startup has not ended when it is acquired? [duplicate]

Suppose employee of a startup company has a vesting agreement, saying she can execute options for 1/4 of total package each year. What if only one year have passed and startup was bought. Which ...
0
votes
3answers
99 views

How can you calculate the optimal return of several investments with varying entry costs and returns?

To make this easier to conceptualize, both for myself and for the reader, let us say that you have 5 machines with varying costs and varying rates expressed as dollars per hour. Let us say that we ...
0
votes
0answers
54 views

Bond ETFs slowing down after 2015. - why?

I see a lot of bond ETFs have very low gain, or even stay flat during 2015. - today. For example Eurozone Government Bond or US Treasuries. What is the reason for this?
78
votes
15answers
18k views

Are small insurances worth it?

Small insurances like phone insurance, tire insurance, etc. Are these worth it? In general I always have a bad gut feeling about any insurance. I just don't like the idea of paying for stuff I never ...
0
votes
2answers
155 views

Does paying minimum on 12 month 0%APR bonus credit card hurt credit score?

I sign up a credit card that has 0%APR for 12 months (plus some cash sign up bonus for spending certain amount in the first few months), and will use it for the purpose of purchasing flight tickets (...
2
votes
0answers
25 views

Residential requirement for Canadian living abroad to collect pensions?

I have been told by numerous individuals that one is required to return to Canada for a certain period of time, whilst living abroad, in order to continue to collect my Senior benefits from the ...
19
votes
2answers
3k views

Should I choose Itemized or Standard deduction?

I see I am saving more when I choose Itemized deduction, even though its less than standard deduction. Is that normal? And in this case should I choose itemized and disregard recommendation of Turbo ...
0
votes
0answers
27 views

Why is the “cash credit line” lower than the “total credit line”? [duplicate]

In the United States, Bank of America credit cards have both a "total credit line" and a "cash credit line". Why is the "cash credit line" lower than the "total credit line"? (I don't know if that's ...
0
votes
1answer
43 views

Shortcut for calculating interest rate risk

Is there a rule of thumb to calculating the inverse relation between a bond’s price (or any fixed income payout) and its interest rate? I’m actually more interested in bond ETFs, so something along ...
4
votes
3answers
155 views

Do I need to pay U.S. taxes on a summer internship in Switzerland?

I did a 10-week internship in Switzerland and earned 5770 CHF. Do I claim that on my taxes? Does Switzerland already figure taxes and therefore I do not have to pay because I can not be taxed twice? I ...
3
votes
1answer
160 views

What kinds of ETFs weathered well the 2008-2009 financial crisis?

I started to do research on which ETFs kept or increased their value over a recession in 2008-2009. I saw a lot of articles which says "invest in X, because X is always in demand (even in crisis)." X ...
2
votes
2answers
39 views

How is the tax levied if I am earning from abroad?

I am an Indian citizen and I work remotely for a company based in Hong Kong. I have a fixed salary in USD which then gets converted to INR according to the exchange rate during the time of transaction,...
3
votes
2answers
328 views

Discrepancy in P/E ratio of stocks in Robinhood app?

The current price of the Amazon stock is $1673. The latest EPS ratio was $6.04 for Q4 2018. So, the P/E ratio should be $1673/$6.04 ~ 279. But the robinhood app says the P/E ratio of Amazon is 83. ...
1
vote
1answer
28 views

1099-B Proceeds/Cost Basis reported incorrectly? Or user error?

I was trying to enter my 1099B's from Robinhood into Credit Karma Tax.... The short version of the issue is that I made ~$4k this year, but the 1099B's I have seem to have a cost basis $32,000 ...
0
votes
1answer
31 views

How do I get a notice number to pay North Carolina income tax?

This page says I can pay my North Carolina individual income tax using the online payment system: https://www.ncdor.gov/taxes-forms/collections-past-due-taxes/payment-options But the online payment ...
0
votes
2answers
129 views

What is rolling over debt?

I've been hearing this term quite a bit and I don't really understand what it means. Is it any different from re-financing?
0
votes
1answer
41 views

How to account for purchase on behalf of client when expecting to get paid the following fiscal year?

If a company buys an equipment for a client and bills the client at exactly the same cost, no more, no less, and the client pays the company back in the exact amount in the subsequent fiscal year, ...
0
votes
1answer
67 views

How to interpret the volume in stock candles chart?

I'm a bit confused about the numbers shown in volume. Take this chart for example: You can see in daily candle the volume is 14M but if I show 1h candles and sum all the 7 candles of the day the ...
2
votes
0answers
29 views

As a UK LTD Company should my allowable expense claims be inclusive of VAT

I'm starting a LTD company in the UK and have a question surrounding the way that allowable expenses are claimed. I understand that this question has probably been asked numerous times but no matter ...
-1
votes
2answers
42 views

Withdraw from atm using PayPal debit card

If i use my PayPal debit card at an atm and i dont have enough money in my PayPal account to withdraw the said amount will it use my linked debit card to withdraw the rest?
1
vote
2answers
50 views

What is the difference between “unités de compte” and ETFs?

What is the difference between "unités de compte" (often proposed in assurance-vies) and ETFs? I don't see the difference when I read the definition on https://www.journaldunet.fr/patrimoine/guide-...
0
votes
1answer
49 views

Am I thinking about whole company returns correct?

I'm trying to answer the questions: "if I owned all of a company, how much would I make?" and "once I know that, how much should I pay?" Let's say I owned Wal-mart outright (took it private and owned ...
0
votes
0answers
16 views

Tax filing under TN visa working in Michigan, Mexican resident

How should I do 2018 tax filing? I´m a Mexican resident that worked in Michigan from Jan 22nd to Jun 14th under a TN Visa. First time doing it. Should I use Turbo Tax? Thanks Ana
2
votes
1answer
46 views

Option for health insurance coverage when going back to school in 30s

Specifically for health insurance coverage: What are ones options when going back to school full-time in their 30s? Do schools provide any sort of coverage plans, if so are how do they compare to a ...
0
votes
0answers
12 views

How do I calculate CAGR of monthly investment sometime after the investment is stopped?

Suppose I invest 1500 dollars per month for 16 years, then I stop investing for 9 years, and then withdraw the maturity amount of 1,025,000 dollars at the end of this 25 years period; how do I ...
1
vote
0answers
31 views

1098-T with scholarship listed this year 2018 as “billed” but tuition was reported on 2017 year's 1098-T as “paid”

This is very confusing. I'm required to report the Tuition and Scholarship from my 1098-T. I paid the full year's tuition in 2017 (fall and spring 2018) so no Tuition was billed for 2018 (well ...
2
votes
1answer
34 views

Can I visually highlight or mark transaction in GnuCash?

I was wondering if it was possible to highlight the last transaction of the month on my credit card account, for instance, so I can easily see where one credit card statement ends and another begins. ...
0
votes
1answer
19 views

Annualized return of bond fund

How do you calculate the say a 10-year annualized return of FTSE TMX Canada High Yield Bond Index. Please dumb it down as to the process.
0
votes
1answer
30 views

Seemingly unmatched BIC and the national bank code on the statement of my account

The national bank code in my IBAN is 10040000. Acording to various free online services (iban-rechner.de, finanzrechner.org etc) the corresponding BIC must be COBADEBB, but on the statements of my ...
2
votes
3answers
146 views

Should I pay income tax on referral rewards that pay in store credit?

I've been referring people to a grocery delivery service, I receive credits every time I get a referral. I've been earning over $3000 in credits a month that I spend on groceries and other things. Now ...
3
votes
1answer
42 views

How to report 1099-MISC Box 7 bonus ($0 in box 3), but not an independent contractor and not self employed (payment from client of my employer)

I work for a concessions company, but I received a 1099-MISC from the company's client (the team). It's an end-of-year discretionary bonus for taking care of guests of the team as part of my normal ...
0
votes
1answer
45 views

How to efficiently know which portion of the dividends are qualified dividends in a French brokerage account, from the United States' IRS standpoint?

When filing one's tax in the United States while having a French brokerage account, what is an efficient way to efficiently know which portion of the dividends are qualified dividends? Is it ...
1
vote
1answer
50 views

Are 401k withdrawals included in income for Medicare premiums?

How do I report 401k withdrawals to Medicare if the IRS does not report it?
0
votes
2answers
72 views

Definition of “traditional IRA contributions”?

I hate to post a generic tax question on here but I've been unable to find the answer to this using other resources. When filing taxes, when I'm prompted to enter my "2018 contributions to traditional ...
1
vote
0answers
65 views

What's the point of commission free ETFs for the brokers? [duplicate]

Fidelity, Ameritrade, Vanguard and now Schwab offer no transaction fees ETFs. how do they make money by selling these ETFs ? what's the catch ?
0
votes
2answers
98 views

Why would a stock rise in price after company split announcement?

So I'm curious about the reasons that a company spinning off a portion of itself would result in such a dramatic rise (or potentially fall) in stock price. Is it just a matter of investors being more ...
2
votes
2answers
96 views

Medicare penalty

I am 77 years old now and have never enrolled in Medicare because I have been fully insured through my husband's employment all these years. When he finally retires and I go on Medicare will I be ...
1
vote
3answers
215 views

Large credit score drop

I use Mogo to review my credit score every month. I just moved to Canada so it took a while to even kickstart my rating, however, Mogos history shows. Dec (2 months after I got my credit card) - ...
2
votes
3answers
155 views

Currently no mortgage on house. How much of a home equity loan can i get -

I purchased home 2015 for 146,500 and have no mortgage currently on property. Are there equity or cash out loans available? I was told that having property paid in full hurts my chances to find ...
1
vote
1answer
43 views

Switching last year's New York State income tax return to part-time resident?

I am a US citizen who in 2018 worked in the Netherlands for a Dutch employer. I left the USA in October 2017 and went back to NYC only for 31 days in 2018. I don't own any house and my last apartment ...
10
votes
6answers
4k views

Is a debit card dangerous for an account with low balance and no overdraft protection?

I have a checking account that I keep very little money in. I use a debit card as a credit card at shops, and at the ATM. I have turned off overdraft protection on the checking account. I've heard ...
1
vote
1answer
74 views

Is a “Warranty Deed” the same as a “Bill of Sale”?

Context: I sold a rental property last year, and foolishly neglected to cancel the homeowner's insurance policy on it. (I thought the title company would handle this as part of the closing, at the ...
2
votes
1answer
57 views

Is it preferable to visit out-of-network medical providers before reaching the in-network deductible when max between in- and out-of-net are combined?

In the United States, some health insurance plans are designed so that the submitted expenses accumulate towards both the in-network and out-of-network deductibles (sometimes referred to as combined ...
57
votes
8answers
20k views

Can I become debt free or should I file for bankruptcy? How do I manage my debt and finances?

I am 35 years old, single, and live in the US. My income is 78K to 80K after taxes and insurance. I pay $1,500 for rent+utilities, $150 for phone bill, $450 for auto loan, $300 for auto insurance (...
2
votes
0answers
26 views

PA state tax for CA income as an F-1 student (nonresident alien)

I'm currently studying in PA on F-1 visa and have earned my only income last year from CA (internship while on CPT). I understand I should file state tax with CA as a nonresident. But I'm confused ...
0
votes
1answer
165 views

Should I buy stock as soon as I have funds or wait until I have a lump of cash?

I deposit $100 into an online stock account every paycheck. Should I buy stock as soon as the deposit is made or wait until I have a larger amount of cash and buy more at one time?
1
vote
0answers
43 views

Where do I report 1042-S income on 1040 form?

US citizen living in Puerto Rico. For 2018 will receive a 1042-S instead of a 1099 R for 401 K withdrawals because tax rule changes. My address is Puerto Rico outside 50 states and no W-9 on file. (...
0
votes
0answers
82 views

Can I cash a personal check against my business account?

Can I cash a check made payable to me personally through my business checking account? I'm a sole proprietor in Washington state (U.S.).
1
vote
1answer
55 views

Capital losses from stocks - carryover, and offsetting gains / income for NON-RESIDENT ALIENS

I'm a PhD student filing a tax return for 2018 on 1040NR (non-resident alien) - married filing separately. In 2018 - I had a considerable capital loss (there were no gains). when filling my tax return ...

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