New answers tagged fraud
8
votes
How does SIPC insurance help a small investor with a fixed portfolio that is currently down below original value?
https://www.finra.org/investors/need-help/your-rights-under-sipc-protection
SIPC provides limited coverage to investors on their brokerage accounts if their brokerage firm becomes insolvent.
Your ...
- 49.9k
14
votes
How does SIPC insurance help a small investor with a fixed portfolio that is currently down below original value?
SIPC promises that the securities that you held in a failed brokerage, up to the value of $500K (of which up to $250K in cash) are returned to you.
It doesn't insure the value of the securities, it ...
- 149k
3
votes
Can a single file tax as "married file jointly" to take advantage of more standard deductions?
Can a single file tax as "married file jointly" to take advantage of
double the standard deductions?
It is of course not your correct status, so that would mean you would face fines and ...
- 126k
6
votes
Accepted
Can a single file tax as "married file jointly" to take advantage of more standard deductions?
As the other answer states, tax returns are filed under the penalty of perjury. This is governed by the 26 USC Sec. 7206 (Title 26 of the US Code is also known as the "Internal Revenue Code",...
- 149k
4
votes
Can a single file tax as "married file jointly" to take advantage of more standard deductions?
NO. Read the line above your signature on the tax return. "Under penalties of perjury ..."
- 1,718
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