This is what works for our club. We collect member payment checks at our monthly meeting. If someone knows they will be gone ahead of time, they get them to the treasurer ahead of time. If we have all the checks at the meeting they ...
Comforting to hear I am not the only treasurer dealing with members who forget the penny amount, or write it in on the amount line and not on the word line.A With over 50 members it is a chore to peruse every check.A Then you ...
Our newly formed club has sent checks via their bill pay to Folio. How do we reconcile who sent what since your transaction history does not list the name of the person. One of the checks did not post to our account and Folio cannot ...
Our investment club had an investment in Rockwood Holdings that was converted to Albemarle. I can't figure out how to put the conversion in to get the LTCG to show up correctly on our 1099-B statement. It is showing up, but the amount doesn't match ...
Continuing discussion from another forum. So apparently Scottrade transmits this third party offer to stockholders, where neither Folio or Fidelity do. What are the ethics of a broker choosing to forward (Scottrade) or not forward (Fidelity/Folio)? I had never heard of such a thing. Per ...
I have a question about the lineal question. In my club we have myself and my two children, my brother and his wife and child. Do I include everyone together even though I am not blood related to my sister-in-law? Or do I click on ...
Most of the federal forms that print out from Bivio INCLUDING K-1's need to be sent in. Do not send in the withdrawal reports. Those are only for the member to do their taxes. The state return also must include the state k-1. Sent via ...
Hi, I belong to a club that shares in several Vanguard Mutual Funds. Each month, I record the dividends received in various accounts as ordinary dividends. Vanguard just sent me the 2015 Form 1099-Div that provides the total dividend distribution (ordinary and qualified) for each ...
Laurie, et. al., Just got my 1099 from Folio. The qualified dividends came out to the penny but I have a slight difference between short and long term gains/losses. On short term loses bivo shows $152 while Folio shows $134, difference of $18. For total ...
I have been following this discussion as well. I am also a long time club treasurer . I think it's important for members to see their social security numbers on their k1, especially new members. So they can confirm that the correct information was given ...
Is it possible to generate a set of forms without the SSN that I can email to the individual members and later generate the same set to mail to the IRS and CA FTB?
We are a relatively new club, and one of our members is having trouble depositing money into the brokerage account. Our brokerage is Etrade. Most of our members have been able to set up a monthly deposit directly from their bank accounts into the etrade ...