In a message dated 3/3/2005 9:24:27 A.M. Eastern Standard Time, alan1303@bivio.com writes: Many thanks for your previous rapid response to my query about how to handle Pengrowth "dividends" (see a 2-17-05 post titled "Scottrade 1099..."). I contacted Scottrade and they said that Pengrowth might reclassify ...
My club just switched to the unit system. That means that each individual can contribute as much as she wishes, and new members can "buy in" at a lower unit level. We may have different unit holdings, but we did agree to a "one man, ...
hi, i would be very interested in joing an existing investment club in san francisco i have some mutual funds now but want to learn and earn as i go thanks jim
>>IN the Where to File Tax Instructions, page 9, it clearly says "Do not write "See Attached", fill in all spaces". But when I print out the schedule D, it says "See Attached" and our club's 1 sale is listed on an attached page. Will ...
IN the Where to File Tax Instructions, page 9, it clearly says "Do not write "See Attached", fill in all spaces". But when I print out the schedule D, it says "See Attached" and our club's 1 sale is listed on an attached page. Will ...
This is not a problem with the tax reporting by bivio, but a problem with how to report the distributions. Couple of our members recevied a Final K-1 form. They are asking how they would report the distribution they got from the partnership. They specifically ...
In a message dated 2/19/2005 10:16:50 P.M. Eastern Standard Time, pjohnson12581@bivio.com writes: we received additional stock along with a cash payment for a merger. The cash payment was not for fractional shares. How do I report the cash payment on my 2004 club return. Not ...
we received additional stock along with a cash payment for a merger. The cash payment was not for fractional shares. How do I report the cash payment on my 2004 club return. Not sure if I adjust my cost basis by amt of cash payment ...
In a message dated 2/19/2005 5:31:30 P.M. Eastern Standard Time, maxct@bivio.com writes: Our club is selling stock this year because we decided to disband. Is there a resource with information about the tax implications of the monies we will receive, i.e., tax season 2006, so ...
Our club is selling stock this year because we decided to disband. Is there a resource with information about the tax implications of the monies we will receive, i.e., tax season 2006, so that it won't be an unpleasant surprise?! Thank you for your help! ...
>>I completed the survey and the taxes for our club. Only 2 of them had the Final K-1 box checked. Those 2 were for withdrawn members. We had another member withdraw. After reviewing her K-1, I noticed that her distribution was not in box 19, ...
I completed the survey and the taxes for our club. Only 2 of them had the Final K-1 box checked. Those 2 were for withdrawn members. We had another member withdraw. After reviewing her K-1, I noticed that her distribution was not in box 19, ...
In a message dated 2/16/2005 12:53:58 A.M. Eastern Standard Time, jonsjunk@bivio.com writes: Thanks Ira, upon further review Bivio calculated it correctly. We only held the stock for 21 calendar days, therefore, it is not eligible for the qualified dividend status (at least I understand the ...
In a message dated 2/17/2005 2:27:25 P.M. Eastern Standard Time, alan1303@bivio.com writes: While getting our club IRS forms in order I noticed a difference between the bivio-generated Schedule K and the 1099 report from our broker (Scottrade). I would appreciate any suggestions from those who ...
While getting our club IRS forms in order I noticed a difference between the bivio-generated Schedule K and the 1099 report from our broker (Scottrade). I would appreciate any suggestions from those who use bivio for their club accounting as to how I should resolve ...