Do investment club members need to file Schedule E with their 1040s? Or is all investment club activity reported solely on Schedules B & D? Thanks, Sam
When we started our club in 2000, according to the research I did, it stated that you only had to complete the 1065 form once (the first year). If your investment club makes this decision, it must send a letter to the IRS stating this ...
In trying to do our club's taxes does anyone else have any porblem with having line J automaticay fill in on the schedule k-1s. It has to do with the capital accounts of the club. Is there something I need to do to make that ...
What is the correct method to calculated our investment portfolios annual return? Do we use the reports that show "Average Annualized Refurn"? Is that a correct method? Or do we use the change in NAV from Jan to Dec 31? Thanks
On 1-28-02 Buy and Hold made an announcement that they were being acquired by Fahnestock Securities. Also in this announcement they reported that their parent company was filing for chapter 11. The question I have is what does this mean for the current account holders ...
Our club had a Five Year Capital Gain. It is listed on the Capital Gains and Losses Report available after the yearly distribution. This number does not show up on the 1065 or on the individual K-1s as a Qualified 5 year gain on line ...
Our club is thinking about setting up a website. If any of the other clubs out their have sites and would be willing to share the addresses so we could get some ideas we'd appreciate it. Thanks!
I'm wondering what other out here use to keep track of their own portfolio? I have Bivio for our club But I need something for my own portfolio any Idears?? Thank you! Dale
When our club prints our K-1's it defaults to Ogden UT as the "IRS Center where partnership filed return:". In reality, we file with the Fresno, CA IRS Center. Can this be changed?
Is there any "short list" online that will let me know what expenses are deductible on our taxes? For example, stock study software, bivio fees, investing classes, mailing costs, etc. I don't want to make a mistake. Thanks, Mary E.
Do you know if there are any programs out there akin to the NAIC's SSG (Strategic Stock Guide)? Our club has been using this for some time and probably need to upgrade but we're not too happy with it right now and would like to ...
who is micheal? What is this about, taxes and such??? i keep getting a whole bunch of mail about this, what is it?? Please email me back. Thanks. Send and receive Hotmail on your mobile device: Click Here