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Account sync
How to record sec fee for selling a stock ? Can I add this small fee to the commission or this needs to be recorded separately. Will this effect account sync with brokerage transactions? Thank you, Maskey
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The Impact of Currency Exchange Rates
When you invest in foreign stocks and even in US companies with foreign subsidiaries, the value of your investment is impacted, not only by business results but also by changes in foreign currency exchange rates. Do you really know what it means when you hear ...
1 message
Partial Withdrawals
We have not address clearly partial withdrawals our by-laws for our club. After seventeen years we have a couple members who would like to make partial withdrawals, Can some one help us with the wording to admend our by-laws. And do you feel a fee ...
3 messages
Apple Valuation
You may be. Our SSG projects 10% growth (probably a lot less than AAPL will achieve), uses the average of the lowest 5 of 10 PE ratios (rather than the average of the last 5), and TTM EPS of 35.11. We have a buy up ...
11 messages
Apple Valuation
I find it interesting to see Apple being held by more clubs this week than last week. My SSG shows it to be deep into the "hold" range. Am I alone in this valuation?
2 messages
partnership part of partnership correction
There is no easy way. That's why ownership of MLPs is so strongly discouraged. Ira Smilovitz In a message dated 3/5/2012 11:01:45 P.M. Eastern Standard Time, rhschnur@aol.com writes: If bivio puts broker information directly into the tax form, how do you put the information supplied ...
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Minnesota State Partnership Tax Return
You can our Lucky Ladies club to that list for wanting a Minnesota return! Thanks, Pam On Sun, Mar 4, 2012 at 9:40 PM, Marlene Fondrick wrote: Add us on to having Bivio develop a MN tax partnership form. Anything to make it easier. Marlene ...
3 messages
partnership part of partnership correction
The cash distributions from KMP should be entered as a return of capital dividend. You then have to make all of the other adjustments to get the information from the KMP K-1 onto the correct lines of your club's Schedule K/K-1 as well as adjusting ...
4 messages
partnership part of partnership correction
I inadvertently stated incorrectly that bivio treated a partnership distribution from KMP as a dividend. It is the broker, TDAmeritrade, that is stating that the $58.00 distribution is a dividend. How do I get this distribution to show up correctly in Bivio and on our ...
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club partnership part of a partnership
Our club owns Kinder Morgan Energy Partners. They gave us a distribution of 58.00. In bivio it is treated as a dividend, but KMP sent us a K-1. How do we get correct entries on our tax forms???
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Cost basis on 1099 wrong
Hi, Laurie. I know that the cost basis from last year is not being reported to the IRS but ours has a large discrepancy when compared to our bivio cost basis report, all related to a sale of a stock (AIB) that dropped off the ...
4 messages
Hugoton Royalty Trust - in spin off -- how to treat re taxes
We got HGT in spin off. How do I handled re taxes.: 1099 shows in three parts: Royalty natural resources, Administrative expenses and severance tax? Karen Johnson
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Schedule K-1 Question - Foreign Transactions
The amount of foreign dividend income the member received. The codes are explained on page 2 of the K-1. Ira Smilovitz In a message dated 3/2/2012 3:01:57 P.M. Eastern Standard Time, ldelmolino@comcast.net writes: We're in the process of reviewing our K-1's before we submit them ...
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Schedule K-1 Question - Foreign Transactions
We're in the process of reviewing our K-1's before we submit them and have one question on Foreign Transactions (Box 16). For most of us there are 3 codes in this box 1) Code A followed by the name of the country 2) Code D ...
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Other Deductions
The link Laurie provided appears to be broken. The correct link is http://www.naptp.org/PTP101/Basic_Tax_Principles.html , Unstated in Laurie's post (and the referenced article) is that when you own units in an MLP you (the club and each partner) may have tax return filing requirements in every ...
2 messages