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 ...
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
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, ...
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 ...
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 that income in late March of this year. But, for now it ...
>>Ira doesn't seem to agree, but I would enter the whole thing as non-qualified dividends. That way, you can take the foreign tax credit, your partners will be happy, and I can't believe even the IRS will be unhappy. Rip, You're right, I don't agree. ...
>>You do agree, don't you, that none of those dire things are going to happen if they just call the whole thing non-qualified dividends. Yes, my comment was a bit of intentional overreaction. If the cash received actually was a dividend or even related to ...
There is a small local savings and loan that is going public. Depositers will get first crack at the available shares. We have a member that can purchase the shares. We want the member to purchase the shares in her name and have them transfered ...
Thanks again guys for a prompt and spirited response to my post on Pengrowth "dividends." Because of all of your input I went to the Pengrowth web page and read all the documents for U.S. taxpayers. With not much hope of success, I called Scottrade ...
In a message dated 3/3/2005 1:05:58 P.M. Eastern Standard Time, jed_nov_fra@bivio.com writes: There is a small local savings and loan that is going public. Depositers will get first crack at the available shares. We have a member that can purchase the shares. We want the ...
Ira & Rip thanks for the info. Ira we know we can purchase the stock when it goes public. This is not the point . We feel we can purchase these shares at a better price before they hit the market. Ira on my second ...
>>Ira on my second point. How about if the youngsters account is changed to: IN TRUST FOR: Would this make a difference? If it's in his SSN, it won't make a difference what it's titled. And, if it's in his SSN now, you may run ...
>>Apparently, since it is now non-reportable activity, the IRS will not see it as income and I will not need to enter it in the bivio accounting. Is that correct? No, it is not correct. What Scottrade is telling you is that THEY are not ...
>>I am having a problem similar to the Pengrowth question with several stocks that our club owns. We unexpectedly received K-1's for these investments and I have asked Bivio if there is any way to enter the data from the K-1 to prepare our taxes. ...