All Questions
37,311
questions
3
votes
4
answers
955
views
What does the term Other Revenue mean?
I am looking at Target's recent earnings release which can be found at the following URL:Earnings Release.
On page five it show two types of revenue: sales and other revenue. What does other revenue ...
- 1
0
votes
1
answer
19
views
Keep money in Australia but have access to them overseas
I am going overseas for extended period of time. Gonna have overseas residential address, mailing address and non Australian phone number. But I want my life savings to be in Australia with access to ...
- 1,526
0
votes
0
answers
15
views
What Investments are available in Canada to offset inflation impact?
I would sincerely appreciate your advice on the following topic: what investment opportunities are available in Canada to offset (at least, partially!) impact of inflation.
I am not a financial expert,...
- 101
1
vote
1
answer
41
views
Cost basis of "undetermined transactions" after wash sales
I have an "undetermined transactions" section on my 1099-b for a sale of the entire position of a given stock in Dec 2022 and am trying to figure out how to calculate the cost basis for it (...
CommunityBot
- 1
2
votes
1
answer
15
views
US Taxes: Increase Supplemental Income vs extra withholding?
From my company I am getting RSUs and the default 22% federal income tax is covered automatically by selling some of the vested shares. However, 22% is not sufficient to cover my tax liability.
We ...
- 31.6k
1
vote
0
answers
11
views
How to pay (and account for) the portion of rent (or fuel) for business use (LLC)?
I co-own an two-member LLC with my wife. We're in the US.
We own a car, and rent a home.
For operating our LLC, we'll use a separate room exclusively and regularly for business use only (admin and ...
- 31.6k
1
vote
1
answer
27
views
Converted Traditional IRA to Roth IRA (backdoor) with money market funds, is that a mistake?
During last year (2022), I wanted to do a typical backdoor Roth IRA. I made a full $6,000 post-tax contribution to my Traditional IRA, waited for the transfer to settle, and then immediately converted ...
- 31.1k
4
votes
1
answer
31
views
Does the amount of tax relief I get for charitable giving increase if the charity doesn't have gift aid
In the UK does the amount of tax relief for a self employed person increase if they give money to a charity that doesn't have gift aid?
e.g.
For a higher rate taxpayer if they give £100 to a gift-aid ...
- 27.2k
5
votes
1
answer
136
views
Will not receive 1095-A for federal taxes
I bought a health care plan on a state exchange but do not receive a subsidy and so did not receive a 1095-A form. However, on my federal income taxes, it is asking "Did you have health insurance ...
- 148k
2
votes
1
answer
134
views
Home Loan rebate in Indian Income tax
I had taken a home loan in Jul 14. Took possession in Mar 16. Since the loan was partially disbursed I was paying the Pre-EMI’s till Feb 16. EMIs started from March 16.
YEAR PEMI INTEREST ...
CommunityBot
- 1
5
votes
1
answer
730
views
How can I withdraw money from Inherited IRA and credit it to last year?
I'm in a situation where I have a significant amount of money in an IRA that I need to withdraw over the next several years and I want to minimize the tax penalty.
I have some leftover tax credits and ...
- 336
11
votes
4
answers
2k
views
Annuity money is not insured?
I am thinking of buying an annuity. I am worried about the following words on the contract. Is it the standard way of an annuity? If something goes wrong, will I lose ALL my money? I am in the USA.
...
- 31.8k
1
vote
4
answers
239
views
Is it wise to pay off some of my mortgage early in this case?
I live in the Netherlands. I bought a house a couple of years ago, So far I paid around 30% back, from which 70% are extra payment, as my bank allows me to pay some amount extra yearly fee-free.
I can ...
- 21.8k
4
votes
0
answers
89
views
Does someone going to college in another state need to file Virginia Taxes?
Our son (19) goes to college in MA while we live in VA. This year for the first time we did not include him as a dependent in our 1040. During 2022 he had an internship & research ...
0
votes
0
answers
46
views
What is the correct accounting term for an ongoing record of "who owes what" between 2 parties? [closed]
Can anyone help me with the correct accounting terminology for what I have below.
The table is showing an ongoing record of "who owes what" between my business and a particular 3rd party ...
- 109
4
votes
1
answer
196
views
Automatically combine transfers between my own accounts
I am using Gnucash for personal use, as a new user, and whilst I have managed to arrange my accounts as I wish I have an issue with importing my bank transaction data.
With my bank I have a set up ...
CommunityBot
- 1
1
vote
3
answers
191
views
How to sell stocks coming monthly to avoid wash sale
I have stocks of a company that come every single month. How should I sell the stocks and avoid wash sale? Which lots should I sell?
CommunityBot
- 1
2
votes
0
answers
25
views
What is the date of acquisition for the purpose of declaring capital gains on sale of property (publicly traded stock) ? (Canada)
I have capital gains and losses to report on my Canadian tax return to the CRA (I'm an individual, not a corporation). My tax-filing software (Ufile) is trying to help me generate form 5000-S3 (...
- 443
5
votes
1
answer
860
views
Are Bonds holder paid before Stock holders in USA unlike Europe AT1 Bond holders?
I see news that AT1 holders of Credit Suisse , a type of bonds that were a solution to 2008 crisis.
...They were created in the wake of the 2008 financial crisis as a way
for failing banks to absorb ...
- 962
0
votes
2
answers
2k
views
What does this mean ? Field/Xpath: /efile:Return[1]/efile:ReturnData[1]/efile:IRSW2G[1]/efile:PayerNameControlTxt[1]
What does this mean ?
Issue : Business Rule X0000-005 - The XML data has failed schema validation. cvc-complex-type.2.4.a. Invalid content was found starting with element PayerNameControlTxt. One of {&...
- 36.9k
2
votes
1
answer
138
views
Is withdrawing all one's deposits a good tactic on pressing on the state? [closed]
In recent news, I see calls for people to withdraw all their cash deposits, supposedly to pressure against the state on a certain decision.
(redacted the names since the question is not about the ...
- 36.9k
0
votes
1
answer
61
views
transferring amount between saving and NRO
I want to transfer some amount from my mom saving account to my NRO account to pay my utility bills. I am managing my mother's account as she lives with me overseas. Will this amount will be taxable?
CommunityBot
- 1
2
votes
4
answers
233
views
How to compute the present value of a bond if the coupons aren't reinvested?
We know that the computation of the present value of a bond assumes that the coupons paid are reinvested at the yield rate. But, what if I don't reinvest the coupons? How can I compute the present ...
- 123k
1
vote
2
answers
91
views
Short selling options, can brokerage force seller to buy back the options
In case if I short sell ETF or stocks, brokerage can ask short seller to cover the position even if the user is paying interest and is within margin limit.
With this question, I want to know in case ...
- 75.5k
1
vote
1
answer
136
views
Right account for local purchases, loan EMI, and investments
I am an Indian citizen working in Singapore. I have an education loan for which I have monthly EMIs. Currently I transfer money to my parents account and they pay the loan EMIs.
Kindly advise on:
...
CommunityBot
- 1
1
vote
1
answer
44
views
How to compute cost basis over multiple purchases, for sale of a fraction of the assets?
(The example below is, of course, unrealistically simple, just for the sake of illustration.)
Suppose that I made the following purchases and sales of shares of some stock X:
| 01/15/2021 | bought | ...
- 75.5k
1
vote
1
answer
108
views
How much of a bond ETF's dividends are tax-free for US non-resident aliens?
Normally, for US non-resident aliens, the withholding tax on dividends is 30%. However, dividends that qualify as "portfolio interest" are not taxed (i.e 0% tax). When a US domiciled bond ...
CommunityBot
- 1
3
votes
2
answers
2k
views
What is the Euro 10 yr Swap?
I know that a swap (more specific an IRS) is an OTC product to exchange future payments base on a principal. In this case, the interest on the fixed leg will be computed trying to have a NPV of 0, so ...
- 1,526
2
votes
2
answers
936
views
How does SIPC insurance help a small investor with a fixed portfolio that is currently down below original value?
If your original portfolio was worth $500k started a year ago but the same amount of shares holdings is currently only worth $350k, does it mean you are insured at most $350k? Or all of the stock ...
-1
votes
1
answer
171
views
How to retrieve the current holdings from ETF's like VTI
I'm trying to retrieve the up-to-date list of all holdings for an ETF like VTI. There is a list here:
https://investor.vanguard.com/etf/profile/overview/VTI/portfolio-holdings
but it's very hard to ...
CommunityBot
- 1
3
votes
1
answer
68
views
Does money paid in lieu of dividend count against qualified dividend income?
I am short an ETF and will pay the dividend to whoever owns the ETF, in lieu of dividend. However, most of my dividend income is in the form of qualified dividends.
Will the payment in lieu of ...
- 148k
-4
votes
0
answers
170
views
What rate do non-competitive bids get at Treasury bond auctions? [duplicate]
I'm looking at the following Treasury auction results, for example:
The low rate is 3.100%, the high rate is 3.460%. That's quite a difference. Since "Allotted at High" = 58.13% and that ...
- 10.8k
1
vote
1
answer
339
views
Correct interpretation of side-by-side graphs of intra-day fluctuations of stocks and bonds
At the end of the day on Tuesday, February 6, 2018, a snapshot of the Dow and 10 year Treasuries was as below:
At the dip of the stock market on Tuesday, there was also a dip in the yield of the 10-...
CommunityBot
- 1
1
vote
1
answer
75
views
Shorting stock vs buying stock on margin which fee is higher?
I know when you buy stock on margin you need to pay a interest rate for example with IB a rate + benchmark rate. How expensive is shorting a stock long term, is it a similar fee as buying on margin e....
- 75.5k
1
vote
3
answers
377
views
Why is that we discount all the coupons and par amount of a bond at the same rate?
Why is that we discount all the coupons and par amount of a bond at the same rate, our YTM?
If we think of each coupon/par as a strip/single bond on its own, wouldn't then each coupon payment be ...
- 1,526
6
votes
3
answers
2k
views
US: how to prove business expenses?
I'm a freelance writer who works from home. My internet fees should count as business expense and be deducted from gross, but the question becomes how much? Since I also use internet for entertainment ...
- 36.9k
5
votes
3
answers
613
views
Are my old stock certificates worth anything? How can I find out?
I have a old stock certificate that my great grandmother bought. It's for two shares from the Dallas/Fort Worth Airport National Bank, dated 1973. That bank has merged multiple times and is now part ...
- 36.9k
1
vote
1
answer
36
views
Declaring foreign interest in 1040 and FBAR
I am a foreign national (and a resident alien for tax year 2022) working in the United States. I am on a J1 Research Scholar visa. I have received W2 for my salary from an US University and I have a ...
- 16.4k
8
votes
5
answers
1k
views
When to claim check dated in one year but received the next
A check bears a December 2023 issue date. I receive it in the mail in January 2024 and deposit it in January 2024. I operate this business on a cash accounting basis (not accrual), so what do I do ...
- 148k
4
votes
2
answers
257
views
Notary didn't make me sign the journal
I just completed a remote closing-signing for a house in Arizona. (I am in MT currently). I did not notice this oddity until later. But, the local notary which showed up did not bring a journal and ...
- 49.9k
2
votes
1
answer
40
views
How to determine if a mutual fund sale is a gift or purchased if sold from a transferred account?
I received ownership of a mutual fund account from my father about 15 years ago which I have continued using. Turbotax has just started asking me this year how I received the investments that were ...
- 31.6k
1
vote
1
answer
32
views
How does a non resident alien report income & dividends from a K1?
I had bought some USO via Robinhood who have a W8BEN on file and now I have received a K1.
The K1 reports an interest income of $9. Is this ECI? Can I just put it in line 2b in the 1040NR?
My ...
- 148k
3
votes
1
answer
99
views
We found share certificates of the Preferred stock from Waconia Creamery Association Waconia MN first one dated 1943 -1958. Are they worth anything?
Waconia Creamery Association gave the farmers that sold milk to the creamery shares in the business. It might have been a Co-op. We think the creamery was part of Waconia Farm Supply. Later it was ...
- 148k
9
votes
5
answers
5k
views
How are the banks behind high yield savings accounts able to pay such high rates?
How are the banks behind high yield savings accounts able to pay such high rates? Where does their yield come from? Do they invest in just high yielding treasuries or junk bonds, or other high ...
0
votes
2
answers
881
views
How is money transferred between banks? [closed]
Assume there are two separate banks, bank A and bank B. There are also two people: Person A, Person B. They accounts have the following balances:
Person A: 400
Person B: 0.00
Person A in order to ...
- 256
12
votes
4
answers
3k
views
Joint owned property 50% each. Can 50% rent be charged?
My sister has lived in a property that was passed to us both in our parents' will. She has never offered to pay any rent in a mortgage-free house with her and her three children.
This has been going ...
- 666
1
vote
1
answer
60
views
When can I liquidate a position and receive the declared dividend
I’m holding stock in XYZ company and they are paying a dividend on April 3rd but the ex-dividend date is April 4th. In which of those two dates can I sell my stock and still receive the dividend?
...
- 123k
0
votes
1
answer
30
views
TD Ameritrade Phone App Giving Inconsistent Candle Charts
Just checking the stock BYND over 1 and 3 month periods I noticed that the same day was given a green or red candle depending on the length of the chart chosen. Am I missing something that is causing ...
- 2,525
2
votes
1
answer
38
views
Are there any taxes to be paid to HMRC when I sell an inherited property in another country?
I recently (less than six months ago) inherited a flat in Italy. I'd like to sell it. Are there any taxes to be paid to HMRC if I have the money being paid to a UK bank account?
- 27.2k
15
votes
4
answers
5k
views
Did I give the right advice to my father about his 401k being down?
My dad has seen recently that I have taken an interest in finance and he asked me what he could do about his 401k being down.
So I said the US is currently in a recession and now you should put in ...
