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Results tagged with united-states
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user 64361
For questions that relate to the laws, practices, and products of the United States.
1
vote
2
answers
201
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Should I invest $35,000 for 3-5 months? [duplicate]
I have some savings ($35,000 USD) that I'll be living off of for the next 6-12 months. Is it possible to profit from some of this money in the short term before I need to access it?
- 345
0
votes
1
answer
364
views
How can I move my accidentally dissolved LLC into a new LLC?
I have an LLC (had) that I neglected to fill out my proper paper work for last year. Looking online I can see that its status is "administratively dissolved".
I'm not really sure what to do at this po …
- 345
0
votes
2
answers
357
views
Passthrough LLC: Do I have to file Schedule K-1 for a partner that gets 0% of profit?
US tax law question:
I have a "partner" that gets 0% of profit, is responsible for 0% of loss, but does get 5% of sale of the business should that occur.
Am I required to file a K1 for him?
- 345
0
votes
0
answers
84
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Is there a need to formally register activities performed under an LLC?
I am considering establishing an LLC. The forms that I have seen for North Carolina just have contact information but no actual description of the LLCs activities. Is there a need to describe the acti …
- 345
3
votes
2
answers
180
views
What year AGI applies to Roth IRA contribution limits?
I would like to make my Roth contribution for 2022 as early in the year as possible. There are contribution limits based on Adjusted Gross Income. None of the sources I've read made it clear if it's t …
- 345
2
votes
2
answers
712
views
Reduce salary in exchange for higher employer 401k contribution?
Would it be in my interest (assuming my employer agrees) to reduce my salary by x amount in exchange for an increase in employer 401k contribution for x amount?
For example if I make $150,000/yr and r …
- 345
12
votes
5
answers
9k
views
My employers "401(k) contribution" is cash, not an actual retirement account. What are my op...
I just took a job that I like, and the line in the offer letter turns out to be misleading (I think through inexperience, not manipulation).
This is it:
You will eligible to receive a 401(k) match of …
- 345
0
votes
1
answer
75
views
SEP IRA eligibility criteria?
I am trying to determine if I can establish and contribute to a SEP IRA. Here are what I think to be the relevant details and questions.
I receive a W-2 from my day job employer
I have side income th …
- 345
3
votes
2
answers
118
views
Which of my tax-advantaged accounts should I hold my bond market index funds in?
I have traditional, Roth and SIMPLE IRAs. I'd like to get some total bond market index funds (VBTLX).
In terms of taxes, gains, dividends, etc. is there any difference between holding the fund in a tr …
- 345