You only need to refer table 8-1 if the stock doesn't trade in the US or trades only on the "Pink Sheets". Any dividend paid by a foreign corporation whose stock trades on a major US exchange (NYSE, NASDAQ National Market, AMEX, Boston, Chicago, Cincinnati, ...
Laurie suggested I post this information out to the club-cafe list. I invite you to attend my presentation on the why's and how's of international investing. International Investing Webinar Monday, February 13, 2012 from 9 PM to 10 PM Eastern Instructor: Sharon McAllister Webinar registration: ...
We believe that there are many clubs and investors having a whole bunch of fun while learning on this journey and offer our fifth annual contest results as Exhibit A. Five years of our Groundhog Challenge and 58% of participants have outperformed the Wilshire 5000 ...
Has anybody else out there found this? For the past several years, and it's happening again this year, I'm an investing genius during March and February. My portfolio is way up. Of course, who wants to sell then? Things always do seem to fall back ...
Our club has 3 foreign stocks. How do I find out if the dividends are qualified or unqualified so that I can enter that info into your tax questionaire? Do you think the TDAmeritrade statement will have that info when it comes out later in ...
Almost, but not quite. If you used average cost basis for mutual fund shares which you sold prior to 2012, you have (had) to continue to use average cost basis. If you sold some shares using FIFO or specific lot identification, you can switch to ...
There is no such IRS rule. FIFO is the default. You may have things backwards. If you switch to average cost basis, you must continue to use average cost basis for all holdings of that security. There is no tax code requirement that every holding ...
It doesn't matter in tax-deferred accounts since there are no capital gains in those accounts. Any distributions will be taxed based on the value of the distribution reduced by any allocation of basis in the account to that distribution. Note that basis in a tax-deferred ...
Hi folks, For those of you who are figuring out the new rules, I would like your comments. I just spoke w/Vanguard where my husband and I have the bulk of our retirement funds in tax-deferred accounts. I was guided to our account set up ...
Hi All - My club is looking at purchasing Seadrill Limited (SDRL) and I want to make sure this stock won't cause us any weird tax problems. Any info would be appreciated. Thank you! Andy
Since the filing addresses aren't PO Boxes, you should be able to use the same address. However, why would you want to use Fedex or UPS at higher cost than sending it via USPS first class, certified mail? Ira Smilovitz In a message dated 2/6/2012 ...
Hello everyone, If you have any questions, here is a direct link to information about where to send your tax forms: https://www.bivio.com/site-help/bp/Investment_Club_Taxes_Filing_Address_Help For future reference, you can also find this link on our help page under t for Taxes. -- Laurie Frederiksen Invest with your ...
Hi All - Just a couple quick questions as we get into tax season - 1) Does an investment club have to register a DBA in Utah? 2) Does an investment club have to file a Utah State partnership tax return or is it only ...
Last year I watched the acct. seminars in January but was unable to this year. Is there a site where I access the ones this past January to refresh my memory? Flo Primrose