I just got an AccountSync Summary from TD Ameritrade for an "unhandled transaction". The note says "unhandled transactions are brokerage activity which is not brought into our bivio account." It goes on to say we should refer to the brokerage statement and enter the transaction ...
It's a deductible investment expense. There have been changes in SEC rules which allow brokerages to charge a fee for processing the foreign tax withholding on ADRs. Ira Smilovitz In a message dated 02/29/2008 4:58:50 P.M. Eastern Standard Time, foxmoor@bivio.com writes: I just got an ...
In a message dated 02/29/2008 5:50:51 P.M. Eastern Standard Time, loutaormina@bivio.com writes: Ira, Just noticed that the NY tax forms are available on the site. I am reviewing (recall from our prior correspondence that I said I never filed one of these before) and I ...
We own a pink slip stock that recently became listed on the AMEX. How does one make this change in bivio? It has a new symbol as well. THANKS! Katherine
I also received a corrected 1099 whereby our ordinary dividends were reduced by 11.88 from our REIT and was classified as non-dividends. How is this recorded on the tax program? Should the tax form be redone and K-1's reprinted? Audrey Harding
Go back into the transaction list and change part of the distribution from ordinary dividend to return of capital. Ira Smilovitz In a message dated 03/04/2008 10:42:45 P.M. Eastern Standard Time, moyharding@bivio.com writes: I also received a corrected 1099 whereby our ordinary dividends were reduced ...
As I just replied, change the transaction from ordinary dividend to return of capital. You should prepare an amended return, but the differences will be minor. Ira Smilovitz In a message dated 03/04/2008 10:45:30 P.M. Eastern Standard Time, moyharding@bivio.com writes: I also received a corrected ...
Stockettes audit went very well, considering all the changes that happened in 2007. A few questions: 1. The 12/31 brokerage matched the bivio valuation for cash and market value. However, the transaction ledger final lines for 12/31 did not seem to match. transaction ledger Cash ...
We found it extremely confusing to look at the brokerage statement: they put an item in and out and in and out, like .79 (.79) .79 ,, I know it's coming in and then going into the money market account.. Would it be easier next ...
How does the year-end distribution work w/ Bivio? I was recommended to NOT do it as I closed the 2007 books before moving to Bivio. Now, of course, unit totals are higher. In my 1st attempt to export to bivio I had done the distribution ...
The investment and member amounts from your transaction ledger represent the cost of your investments and the cost basis allocated to the members. They do not reflect the current value of the investments nor the current value of the members account. Ira Smilovitz In a ...
Is there a good program for a personal account that does what Bivio does for our club account? I would like to get the same kind of reports for my personal portfolio. I suppose I could set up an Excel spreadsheet, but I was looking ...
Your club files in CA. As long as your club does not invest in another partnership with operations in CA, he only has to file in NJ. Ira Smilovitz In a message dated 03/07/08 4:20:14 P.M. Eastern Standard Time, grantland7@bivio.com writes: I'm bumping this since ...
Yeah, NJ wants a partnership return. I'm inclined to ignore it. The only difficulty for your NJ partner is that he will not be able to efile his NJ-1040 return unless he is issued a NJK-1. The NJK-1 has a very different format from the ...