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votes
0answers
17 views

Why may redemption of ETF shares by an AP when ETF price deviated from underlying securities permit nonredeeming shareholders to defer cap gain taxes?

I read on https://money.stackexchange.com/a/148888/5656 the following statement regarding the creation/redemption of ETF shares by an Authorized Participant (AP) when the ETF price deviated too much ...
-2
votes
0answers
27 views

Tape Reading Question! [closed]

What is the future stock price direction if the bid and the ask prices is above or below the current price? I already know what direction the future price can go if the bid and ask volume can go if it'...
0
votes
0answers
24 views

Moved from NY to Florida; do we owe NY State Tax? [duplicate]

We moved from New York to Florida in late June 2021. Bought a house here in May, sold our old house in August. I'm retired; wife works remotely (per diem) for NY firm that took out state income tax (...
-1
votes
0answers
51 views

Can a non-Turk borrow Turkish lira?

Turkey is currently on the cusp of a hyperinflation apparently triggered by its president's policy of maintaining nominal interest rates far below inflation. Thus Turkish banks are currently giving ...
0
votes
1answer
45 views

Are there Alternatives to IRS Tax withholding calculator? [closed]

Since IRS estimator isn't available. Is there any other alternative where I can figure out my W4 details?
0
votes
1answer
261 views

How to legally avoid tax with diversification?

Absolute beginner on taxation. However, after banging my head for few days I think I've got the answer of saving oneself from getting ripped off from the government. My assumption is that given the ...
-1
votes
2answers
56 views

How do i correct an HSA contribution on my taxes?

In March of 2021 I deposited $8000 into my HSA account but am now being told by my custodian that it went toward my 2021 contribution, not the 2020 as I intended, which follows the same pattern I have ...
1
vote
1answer
37 views

Does the creation/redemption of ETF shares by an AP when the ETF price deviated too much from its underlying securities cause cap gain distributions?

From Policy Spotlight: Authorized Participants (mirror), which Orange Coast- reinstate Monica referred me to: If the price of an ETF share deviates from the value of its underlying securities, an AP ...
0
votes
1answer
49 views

If the offer or demand for an ETF moves the ETF price far from the underlying net assets, does the fund management buy or sell underlying shares?

I am reading contradictory statements. https://money.stackexchange.com/a/148855/5656 says yes: Only rarely - if the offer or demand for the ETF accumulates significantly over several days and moves ...
1
vote
1answer
93 views

Can I deduct the money I lost when sell a car at a loss that i used for gig jobs?

Suppose a person has been using his/her car to deliver food to make money. The car was mainly used for business purposes but it was also used for personal use. The person has been doing this for ...
1
vote
1answer
29 views

Am I able to take any deductions against a foreign investment property?

In 2021 I purchased a foreign investment property. The property is land, zoned for residential use, with the intent that a home is built on it once approvals go through. Needless to say it has not ...
0
votes
0answers
89 views

IRS lost my paper return. Does this happen a lot? [duplicate]

I received yesterday a form letter saying IRS has no record of my (paper) tax return. They did promptly cash the check that was in the same envelope, and show me as having paid them the money, but ...
21
votes
14answers
7k views

Are programmers in the USA still able to automate fetching their bank transactions, like was possible in the 1980s and 1990s?

I have a pretty simple question for primarily programmers in the USA, but it also goes for those elsewhere. I'm in Sweden. A couple of years ago, just when I had finally set up an automated system to ...
2
votes
1answer
103 views

How to resolve free file fillable forms error S8812-F1040-005?

Seems easy enough to ensure my qualified dependents match (are checked on form 1040) to what is inputted into line 4a on schedule 8812. Both match but I keep getting a rejected notice. Issue : ...
2
votes
2answers
151 views

IRS says Senior is entitled to credit, but only if they receive his 2020 return

My Uncle does taxes by hand and does not use tax person. He filed 2020 and sent check for amount $123.45, the amount he owes. iRS cashed this check few days after he mailed 2020 return (back in Apr ...
0
votes
0answers
69 views

Invest 100k in the Short Term Until It Could be Used to Buy an Investment Real Estate Property

I have a little more than 100k in my savings account. I have been keeping (and accumulating) that money in the savings account hoping to invest it in some kind of an asset (real estate etc.). However, ...
0
votes
1answer
22 views

Closer Connection Exception to the Substantial Presence Test for Foreign Students while on F1-OPT?

I've been in the US as non-resident and resident. 2014 - F1 - NR 2015 - F1 - NR 2016 - F1 - NR 2017 - F1 - NR 2018 - F1-OPT - R (filled 1040) 2019 - F1-OPT - R (filled 1040) 2020 - F1-OPT - R (filled ...
0
votes
1answer
82 views

Charles Schwab shows Ebay's PE as 21. Is that a mistake or a different way of calculating?

Using Charles Schwab data the TTM earnings for Ebay is 2.5B + 2.668B + 2.368B + 2.868B = 10.404B Shares outstanding is 626M So 10.404 B / 626 M = 15.9 EPS. So PE is 58 / 15 = 3.86. How is Charles ...
2
votes
0answers
113 views

How can I confirm ownership of shares in a stock?

I purchased Rivian pre IPO shares with my stock holding of Starlink pre IPO. The company has since floated in the US. There was a lockout period before I could sell. However my broker (Scott Sorensen ...
0
votes
1answer
29 views

VIX futures margin calculation

I'm new to futures and I'm trying to understand how margin is calculated when it comes to VIX. For the sake of example, let's say VIX is 20 today and 60 day VIX futures are selling for 25. So far, ...
0
votes
1answer
145 views

Are the fees in my new 401k reasonable?

My employer has just moved from a Simple IRA to a 401k plan that I enrolled in. The fund in the 401k plan is the Vanguard VFORX 2040 target date plan. I felt pretty good about that expense ratio, but ...
2
votes
1answer
55 views

Do post-year contributions to solo 401ks determine in which year the income is taxed?

I am an independent contractor with my own single-member LLC. I completed a lump-sum work contract in late 2021, invoiced the client at that time, but was not paid until January of 2022. I have a solo ...
0
votes
1answer
53 views

What happens to the Equity::Opening Balances account over time?

I took the advice of others here and the docs when I started my GNC instance a few years ago. For the first year of operation, I chucked everything I discovered I hadn't yet tracked into Equity::...
0
votes
1answer
51 views

What is "net assets for common stock"?

I've looked online and could only find this definition: Net Assets for Common Stock Holders = All Assets Less All Liabilities Less Apportioned Value for Preferred and Minority Shareholders. So it ...
-3
votes
0answers
65 views

What kinda work or job'd be best for one looking to relocate/needing flexibility? [closed]

I'm wanting to move cross-country, but need a decent/quick income for this, so I need a job that: Does not require any special or difficult skills; Is a low-stress job; Flexible to my needs, i.e. ...
1
vote
2answers
134 views

Why do ETFs usually generate fewer capital gain distributions overall than mutual fund?

I read on Investopedia that: Comprehensively, ETFs usually generate fewer capital gain distributions overall which can make them somewhat more tax efficient than mutual funds. Why do ETFs usually ...
-3
votes
0answers
89 views

how should a c++ developer invest time and money? [closed]

I have been working as c++ programmer for 5 years now and feel going nowhere. not making the money nor career-wise satisfaction. what should I do to make sure I can live a enriching life with enough ...
0
votes
1answer
53 views

What is the weight of risky asset in the optimal complete portfolio?

I have 5 different stocks in a market value weighted portfolio. I found that the expected return of this portfolio is 0,008444379 and the variance is 0,001498836. I know that the risk free rate is 0,4%...
35
votes
4answers
9k views

If a debt collection company refuses full payment is the debt still valid?

I was charged on a closed account for a service I never received. It is only a couple hundred dollars. I never paid it because it was not a valid debt. I am trying to fix my credit. I called up the ...
0
votes
0answers
42 views

How should I deal with how the bank/VISA/companies deal with "flexible" charges?

After my bank made it impossible to auto-fetch any data, requiring an extremely tedious and manual process each time I need to log in to their website, I was forced to give up my "automated ...
0
votes
1answer
32 views

What is the relationship between the market cap, share price, and cash in the market?

Let's say that a company entered a stock market selling 1000 shares $1K each in total $1M. What would need to happen in order to double the price of a share? Are both scenarios valid? 1st Additional $...
4
votes
2answers
131 views

Correcting Social Security Administration's record of my income

I'm preparing for retirement and I created an account with the Social Security office. I checked my earnings record, and for four years in the late 80's, they show me earning $0. I was a graduate ...
-4
votes
0answers
67 views

Is there a way to contact a live human by phone at the IRS? [closed]

Is there some alternate number to get a real human being at the IRS? I have tried the local office number, but all I get is the autobot that keeps you in a constant loop of automation.
-1
votes
0answers
60 views

(US Citibank) What's the bank policy for firing international clients due to new sanctions? [closed]

This is quite niche so I'm hoping enough bankers can see this question so it can be seen by someone who can help. Sanction laws affect individuals of sanctioned countries based on their residency, not ...
0
votes
1answer
93 views

Is it beneficial to take U.S. Social Security money later? [duplicate]

I noticed if I take money out starting age 60, at $N, or if at age 70, at $M. $M is close to double the amount of $N. Is it more advantageous if I take money out later? What life expectancy age do ...
0
votes
0answers
52 views

Help me make sense of a take over bid with a 24% price premium

Bike company Accell Group today rose almost 25% (from ~E46 to ~E57) due to news of a take over bid coming out (offering E58). So far this seems like excellent news. However if you have a look at how ...
2
votes
2answers
119 views

How much is tax exemption if I retire in a foreign country like Taiwan?

I heard that some time ago, there was like a US$70,000 tax exemption if I live in Hong Kong, and that first $70k income is not subject to US taxes. However, let's say if I actually retire and live in ...
0
votes
1answer
99 views

What does overvalued stock do when a company goes out of business?

So what does overvalued stock do? My assumption is that if a company decides to close its shop tomorrow, then it would give us less money compared to what actually overvalued stock is representing. ...
0
votes
2answers
49 views

How futures contracts are managed by the exchange

Please, confirm my current understanding of how futures work. Let’s consider cash-settled futures for simplicity. The number of futures contracts (with identical parameters) is unlimited. New futures ...
-1
votes
2answers
103 views

What is the thinking behind letting unprofitable corporates list on an exchange?

I read somewhere that 2021 set a record in terms of the number of unprofitable new listings on the exchanges (revenue but no earnings). To verify, I looked up some of the listing requirements and saw ...
0
votes
0answers
43 views

How did the ES=F get its ticker name? [duplicate]

What's the history behind the ES=F name? F for futures, maybe, E for the E-Mini contract, S for Standard and Poor. But what's with the =?
-4
votes
1answer
72 views

Is it more tax efficient to use a website that does the logistics, manufacturing and selling for you? [closed]

Is it more tax efficient to use a website that does the logistics, manufacturing and selling for you like Merch By Amazon, or is it more tax efficient to create your own store with Shopify, do your ...
0
votes
1answer
61 views

Question regarding credit cards and their fees

I have never owned or used a credit card before. I have only used a debit card and other non-debt/non-credit forms of payments online. I am thinking for applying for a credit card, but there are some ...
-2
votes
1answer
136 views

Controlling money I send a parent for everyday expenses without power of attorney [closed]

I send my parent, who lives far away, all the money they need each month for subsistence and probably more, but I'm certain they are not making the best use of it and they are not able to explain what ...
14
votes
3answers
5k views

Can someone withhold $0 in federal income tax?

Is a US citizen allowed to have no federal income tax withheld on their paycheck? Assume that the person has a moderate-income, full-time job, but their child tax credits equaled more than their taxes ...
-1
votes
0answers
46 views

Investing in property: physical property vs "pooled account"

I'm interested in investing in real estate soon, and I'm curious about two different methods: Buying a a physical property and renting it out Contributing to a "pooled account" service ...
0
votes
1answer
36 views

Are non-US funds held at US brokerages by non-resident non-citizens liable for Estate Tax?

Are funds held at US brokerages (e.g. Interactive Brokers) by non-resident non-nationals liable for US Estate Tax even if the funds are invested in non-US stocks?
0
votes
1answer
20 views

Are ADRs of US stocks purchased on non-US exchanges subject to US Estate Tax if held by non-resident non-nationals?

US stocks are traded on many European exchanges via an arrangement similar to the US ADR (the UK term is "CREST") If you hold US stocks in such indirect way as a non-resident non-national ...
-1
votes
1answer
106 views

Why is indicating one's exact address in an invoice important for tax reason?

I'm purchasing a license for a UK-based system software (EasyChair). It says that indicating my exact address on the invoice is required for tax reason. What's the reason they're tax alluding to?
2
votes
1answer
33 views

UK pension (SIPP) of a non-US citizen (and non-US resident) invested in US stocks - is it liable for US estate tax?

The title pretty much sums it up: I am not residing in the US and I'm not a US citizen. I do have a UK pension (SIPP) which is invested in US stocks. The SIPP is held with Interactive Brokers which is ...

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