I AM A NEW ADMINISTRATOR AND IS TRYING TO DO THE TAX FORMS FOR THE MEMBERS. THE PREVIOUS ADMINISTRATOR DID NOT SHARE THE VALUATION DATE FOR MEMBERS WITH ME. HOW CAN I RETRIEVE THIS INFO?
In a message dated 2/3/2007 6:42:00 A.M. Eastern Standard Time, dthorne@bivio.com writes: I believe that Ameritrade is in error, and my 1099 is incorrect. But Ameritrade is unwilling to make the correction. Which leaves me no other choice but to change my records to reflect ...
In a message dated 2/2/2007 1:03:30 P.M. Eastern Standard Time, dthorne@bivio.com writes: Is it even possible for a common or preferred stock to have a LTCG Distribution???? It's possible. A distribution classified as Return of Capital becomes a capital gain distribution when that distribution is ...
Our club owns shares of AmBev (ABV) and (ABV+C). For some reason Ameritrade is calling one of the dividend payments for 2006 a Long Term Capital Gain. I checked dividend history on Ambev's website, and it doesn't show a LTCG for that date. Instead, it ...
I have completed the Tax Q & A and tried to download the file but keep getting an error message saying that the file is not repairable. I am able to download the K-1 instructions and print them so it doesn't seem to be a ...
In a message dated 2/1/2007 7:03:35 P.M. Eastern Standard Time, derricott@bivio.com writes: I have completed the Tax Q & A and tried to download the file but keep getting an error message saying that the file is not repairable. I am able to download the ...
In a message dated 2/1/2007 1:36:53 P.M. Eastern Standard Time, mike_carroll@bivio.com writes: Gene & others, Ok, this is sounding like it's not as complicated as I thought, provided the broker will cooperate. I see that bivio would let me record, when a member withdraws, that ...
Our club pays withdrawing members in cash. The idea of paying them with stock seemed odd and cumbersome, and I wondered why anyone would bother. Rip West enlightened me with a comment he made in a recent discussion here. Selling stock to pay the withdrawing ...
I read somewhere in this forum that the state of Illinois does not require partnerships of investment club to file the IL-1065. Is this still true for the current 2006 year return ?? Any help in this will be appreciated.
We recently reinvested a dividend for CNI. The dividend purchased an additional .136 shares. Although the broker did not charge a commission for the reinvested amount, a $.03 commission fee appears on our bivio transaction ledger. Where did the $.03 fee come from (if not ...
How do I keep my Bivio account from automatically posting the monthly dues when they haven't paid?/// I look into the members account and see that money was depostited when I know for sure they did not pay me that month Help please Freddie G.. ...
We always tried to avoid having new members buy in with a large lump sum. I would think buying in with equal monthly funding would avoid the severe problem of buying a large amount of unrealized gain and put the new member at the same ...
I ran the Transaction Ledger for the year. During the year we had 5 members withdraw. On the last page of the Transaction Ledger, I understand the (Gain)/loss in the Member column of each of the five members. What I don't understand is the last ...
You can now generate your 2006 IRS 1065 and K1s. Go to the Accounting section of your Club Site and then go to the Taxes sub-section to complete the simple tax interview. California state taxes will be available next week. The forms appear in the ...