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How can someone gift money to me in the USA from India without me having to pay taxes on it? |
Am I about to be scammed? |
say I bought a stock @ $100. According to my exit profit strategy i'd want to sell it @ $150, so I could make a stop order @ $150 (correct me if that's wrong). But if I also want an exit loss strategy in case the stock ever falls below say $90, could I also make a stop order @ $90 and have these two orders active (GTC)... |
(stock exit strategy) place two different exit strategies simultaneously? |
I am in the process of investing a windfall using Dollar Cost Averaging strategy.
I want to plot my portfolio value in a spreadsheet, but if I simply chart the current price, it doesn't reflect the fact that I bought at different prices and that some units might be ahead on the purchase price and some currently behi... |
I want to start a mutual fund and an etf. How would i go about doing this? i would want it to be publicly traded on the market. Thanks for any answers! |
How could i start an ETF or Mutual fund? |
Say I bought a stock @ $100. According to my exit profit strategy, I'd want to sell it @ $150 so I could make a stop order @ $150 (correct me if that's wrong). But if I also want an exit loss strategy in case the stock falls below say $90, could I also make a stop order @ $90 and have these two orders active (GTC) simu... |
I'm new to stocks & stackexchange. I was wondering if anyone could answer a few questions that I've been unable to find clear answers to in online sources. I appreciate any help.
**GME is at over 226% short interest according to** https://finra-markets.morningstar.com/MarketData/EquityOptions/detail.jsp?query=14%3A0... |
How is short interest paid out, & is it possible to estimate the amount of short interest being paid? |
[This answer](https://money.stackexchange.com/a/8203/106427) establishes that Health Savings Accounts (HSA) can be used to pay for co-payments and deductibles.
Suppose that instead footing a co-payment bill with my HSA debit card, I use my HSA to pay for the **entire medical bill before insurance**, because I'm goin... |
Can I use my Health Savings Account to pay for medical bills before insurance reimbursement? |
I'm enrolled in a local community college as a dual-credit student (basically that means I can complete high school courses in college to get a college degree and high school diploma simultaneously), and, as such, I'm a minor.
A few weeks ago I received an email from the college saying that they needed someone to s... |
Is it legal for a minor to be hired by a college to take notes for students with accessibility difficulties? |
My Father is Indian citizen and I am a resident alien. If my father wants to send me money through bank to bank transfer, what is the limit and what are the latest tax and money transfer laws both in USA and India? I want to make sure I am doing this without attracting penalties on both sides. |
I want to give my brother a cash gift in the amount of $50,000 (he needs to make a down payment on a house he wants to get a mortgage for). It is my understanding that I don’t need to report the first $15,000. But then I’ll have to pay taxes on the rest of the amount.
How much will I pay in taxes? |
How much taxes should I pay on a $50,000 cash gift? |
You're confusing two market metrics. As Joe stated in his answer, the Short % of Float is the number of shares shorted divided by the Float. However, no one here has yet to explain how they arrive at the calculation offered on web sites like [Yahoo](https://finance.yahoo.com/quote/GME/key-statistics?p=GME) comes from.... |
Where can one view the split between pretax, after-tax and Roth money in one's Vanguard 401(k) account? |
I have made a little calculation in my computer which does this:
$total_theoretical_profits_in_USD = $my_current_Bitcoin_fortune_in_USD - total_amount_in_USD_that_I_have_ever_spent_on_buying_Bitcoin;
$theoretical_monthly_salary_in_USD = $total_theoretical_profits_in_USD / $number_of_months_since_early_2013_when_I... |
Is this "theoretical Bitcoin income" a meaningful number in any way? |
A capital-gains deferring exchange is allowed in real estate (1031 exchange) but [not in stocks][1].
[1]: https://en.wikipedia.org/wiki/Like-kind_exchange#What_is_property_of_%22like_kind%22? |
I have been reading that there are various tax laws that prevent one from doing things like locking in one's short term gains on a stock by purchasing (or selling) options, or resetting one's cost basis by selling and repurchasing a stock. Does this also apply if one of the accounts is tax sheltered and the other is ... |
Do taxes on hedging apply between a tax sheltered and non-sheltered account? |
I have been reading that there are various tax laws that prevent one from doing things like locking in one's short term gains on a stock by purchasing (or selling) options, or resetting one's cost basis by selling and repurchasing a stock. Does this also apply if one of the accounts is tax sheltered and the other is ... |
You're being set up to be an accomplice
-
Imagine you are a criminal. You know how to hack American bank accounts or do fake transactions on eBay... but you *don't* know how to to get the ill-gotten-gains out, given Americans' well-managed banking controls.
**Wouldn't it be great if you had an American working ... |
Suppose a stock is at $10, and it is giving out $0.50 dividend, which is 5%, and you bought it.
Then a couple of years later, it rose to $20, and is giving out 5% dividend, which is $1.00, but to you, it is like a 10% dividend, because you only put $10 in.
Then a couple, or 3 to 4 years later, it rose to $40, and... |
Is it correct to think a stock has risen 300% and it is as if it is giving out 20% dividend and never sell it? |
Recently i saw a lot of online courses about how to become an amazon seller.
On this courses they promiss a huge monetary gain but it looks very strange to me.
Can someone gain a lot of money only by selling stuff on amazon or it's a way to sell online courser?
Thanks in advance!
|
Amazon Seller profitable or not? |
> What if it was a wash sale where I sold in my regular account and re-bought in the IRA?
You can't harvest loss. From https://www.investopedia.com/articles/retirement/09/ira-wash-sale-rule.asp:
> In 2008, the IRS issued "Revenue Ruling 2008-5," in which it addressed the question of whether the wash-sale rules ap... |
> What if it was a wash sale where I sold in my regular account and re-bought in the IRA?
You can't harvest loss. From https://www.investopedia.com/articles/retirement/09/ira-wash-sale-rule.asp ([mirror](https://archive.vn/IyTSK)):
> In 2008, the IRS issued "Revenue Ruling 2008-5," in which it addressed the quest... |
[This answer](https://money.stackexchange.com/a/8203/106427) establishes that Health Savings Accounts (HSA) can be used to pay for co-payments and deductibles.
Suppose that instead footing a co-payment bill with my HSA debit card, I use my HSA to pay for the **entire medical bill before insurance**, because I'm goin... |
[This answer](https://money.stackexchange.com/a/8203/106427) establishes that Health Savings Accounts (HSA) can be used to pay for co-payments and deductibles.
Suppose that instead footing a co-payment bill with my HSA debit card, I use my HSA to pay for the **entire medical bill before insurance**, because I'm goin... |
You have to pick the right products and find a niche nobody else sees.
It's worth a course, because kitting out as an Amazon seller is technically complex. You need to set up a seller account and create listings (not really any harder than eBay). But then, you'll want to seriously consider shipping your items in... |
I know that a stock price (like any price on a free market) is determined by supply and demand: If there is more demand than supply for a certain stock its price will raise and vice versa.
However, my question is *who* really moves the price? Is there some mechanism that lowers price if there is no buy order in a ce... |
How is a stock price technically moved? |
This looks like a classic [Advanced Fee Fraud][1].
---
This fraud always works the same. Someone tells you they have a lot of money for you which you deserve for [reasons] but before they can send it to you, you first have to send *them* some money for [reasons].
But that money doesn't exist. If you send them th... |
This looks like a classic [Advanced Fee Fraud][1].
---
This fraud always works the same. Someone tells you they have a lot of money for you which you deserve for [reasons] but before they can send it to you, you first have to send *them* some money for [reasons].
But that money for you doesn't exist. If you send... |
This looks like a classic [Advanced Fee Fraud][1].
---
This fraud works like this: Someone tells you they have a lot of money for you which you deserve for [reasons] but before they can send it to you, you first have to send *them* some money for [reasons].
But that money for you doesn't exist. If you send them ... |
I'm reading this [article](https://blog.shrimpy.io/blog/coinbase-vs-uniswap) which says coinbase could charge you for gas fees. Is this actually true? I was under the impression that coinbase only charged you market fees, like any other centralized exchange.
The [fee page](https://help.coinbase.com/en/pro/trading-... |
Crypto: Does coinbase charge you for gas fees? |
I know that a stock price (like any price on a free market) is determined by supply and demand: If there is more demand than supply for a certain stock its price will raise and vice versa.
However, my question is *who* really moves the price? Is there some mechanism that lowers price if there is no buy order in a ce... |
> In an offline (consumer) market the situation is usually that a retailer does not get offers that differ from the price. He lowers it if noone is buying.
That's completely wrong.
When folks ask about stock prices I always suggest, simply think of a street with houses for sale.
{You may be thinking of liter... |
> In an offline (consumer) market the situation is usually that a retailer does not get offers that differ from the price. He lowers it if noone is buying.
That's completely wrong regarding markets.
When folks ask about stock markets I always suggest, simply think of a street with houses for sale.
{You may b... |
> Can I use this number for anything meaningful? Is there any way that I could get $4,390 USD per month from now on by doing something risk-free? Without spending the coins? (Assuming that the Bitcoin curve stays on this average climb.)
The simple answer is "No".
You only "get" that much increase if that money is... |
Recently I have seen a lot of online courses about how to become an Amazon seller. They promise a huge monetary gain but it looks very strange to me.
Can someone gain a lot of money only by selling stuff on Amazon or is this just a way to sell an online course?
|
I'm curious if there's anyone selling cash covered puts and covered calls for a regular income. If so, what is your monthly gross return in percent and how long have you been doing it?
I'm considering selling cash covered puts and calls using the wheel strategy on companies I like.
I already have a couple diffe... |
The Wheel Strategy is yet another situation where someone takes two equivalent strategies and needlessly fabricates a new name for alternating back and forth between the two strategies. To grasp this, you need to understand that short puts and covered calls (same strike price and expiration) are synthetically equivale... |
> Can I use this number for anything meaningful?
No.
> Is there any way that I could get $4,390 USD per month from now on by doing something **risk-free**? Without spending the coins?
The only way to "extract" cash from an asset without selling it is to *borrow against it's value*.
But since the value of Bt... |
USA, Say user X on this list has $700,000 worth of bc, paid $100,000.
Let's say otherwise X has no assets and only minimal income.
If X sells it today for USD, of course pays cap gains on the $600,000. (Actually how much is that?)
Let us say X wants to do this:
1. Sell the bc, USD700k
2. Buy for cash a ... |
Bitcoin (for example) to property, avoid cap gains tax in swap? |
USA, Say user X on this list has $700,000 worth of bc, paid $100,000.
Let's say otherwise X has no assets and only minimal income.
If X sells it today for USD, of course pays cap gains on the $600,000. (Actually how much is that?)
Let us say X wants to do this:
1. Sell the bc, USD700k
2. Buy for cash a ... |
I'm filling out a W4 and in 4(b) it asks for "an estimate of (my) 2020 itemized deductions (from Schedule A( Form 1040 or 1040-SR). Such deductions may include qualifying home mortgage interest, charitable contributions, state and local taxes (up to $10,000), and medical expenses in excess of 7.5% of your income)
I ... |
> unclear to me if these are technically separate accounts
Most definitely, since you contribute to the Roth **after** you pay taxes, and you contribute to the Traditional **before** you pay taxes.
> as far as I was functionally aware, I had one 401k account, which could have contributions split between Roth and ... |
I was trying to understand the business strture of stock trading companies. If you set up an LLC , you have to pay tax on capital gains. When you trade (buy and sell stocks) in the name of another person , how do you show that the profit/loss should be directed to the person who was buying the stocks and not the LLC? I... |
I was trying to understand the business structure of stock trading companies. If you set up an LLC, you have to pay tax on capital gains.
When you trade (buy and sell stocks) in the name of another person, how do you show that the profit/loss should be directed to the person who was buying the stocks and not the LL... |
How do stock trading companies pay tax? |
> I was trying to understand the business structure of stock trading companies.
They're called *brokerages*, and they earn money in one of four ways:
1. by "skimming" a little bit off the top of each person's account,
2. charging a transaction fee, or
3. both.
> When you trade (buy and sell stocks) in the name... |
I have been getting a bit confused by the variety of IRA accounts available to me and want to check that my understanding of each is correct, in a general sense (ignore complexities like 5 year rules, etc... and assume I am withdrawing at an age that does not incur penalty):
- Roth IRA: Contributions are with post-... |
Is my understanding of the different types of IRAs correct? |
I'm curious if there's anyone selling cash covered puts and covered calls for income. If so, what is your monthly gross return in percent and how long have you been doing it?
I'm considering selling cash covered puts and covered calls using the Wheel strategy on companies I like.
I already have a couple differ... |
Today, the following was reported:
> Clorox shares are trading lower after the company reported Q2 results. While the company beat estimates, it said it expects **back-half** sales to be about flat.
What does "back-half" mean in this context? |
In the context of corporate profits, what does "back-half" mean? |
> At this point, if 20% is something that you'd be satisfied, should you
> consider it a 20% dividend stock, and never sell it for the rest of
> your life as long as it is $40 or higher and giving out 5% dividend?
This is the issue. You have $40 stock with a $2 dividend. Your actual cost is meaningless when looki... |
Cryptocurrency Exchange: Does coinbase charge you for gas fees? |
Can I withdraw 90% of my 401k funds (I'm under 59 years of age) under the new stimulus bill that was signed in December 2020? Even though the CARES act expired, according to this article https://www.jdsupra.com/legalnews/new-stimulus-deal-overview-of-major-90043/ it says:
Similar to the CRD provisions under the CARES ... |
401k withdraw penalty free? |
What happen i made 10000 cash downpayment for car I bought 2 weeks ago. And dealer send me copy of form 8300 they filled for that transaction. What happened next ? |
I am trying to understand a certain investing strategy involving options. In the example I'm looking at, it seems one can obtain a stock for less than its market price, so there must be something I am missing.
Say I think stock in company X will go up in value, and I plan to buy one share now and sell it in a year. ... |
Why doesn't this options investing strategy work? |
I made a $10,000 cash down payment for car I bought 2 weeks ago. The dealer send me copy of form 8300 they filled for that transaction.
What happened next?
|
I made a $10,000 cash down payment for car I bought 2 weeks ago. The dealer send me copy of form 8300 they filled for that transaction.
What happened next?
*Mod Note: [Form 8300](https://www.irs.gov/pub/irs-pdf/f8300.pdf) is a form to "Report.. Cash Payments over $10,000 Received in A Trade or Business" to the IR... |
I'm reading this [article](https://blog.shrimpy.io/blog/coinbase-vs-uniswap) which says coinbase could charge you for gas fees.
> However, when Ethereum gets congested, Coinbase will charge you for
> gas fees too. When it comes to gas, Uniswap and Coinbase are a wash.
Is this actually true? I was under the imp... |
Can I withdraw 90% of my 401k funds (I'm under 59 years of age) under the new stimulus bill that was signed in December 2020? Even though the CARES act expired, according to this article https://www.jdsupra.com/legalnews/new-stimulus-deal-overview-of-major-90043/ it says:
Similar to the CRD provisions under the CARES ... |
A car dealer filed an 8300 form with the IRS after I made a large cash down payment on a car. Do I need to do anything about it? |
I am trying to understand a certain investing strategy involving options. In the example I'm looking at, it seems one can obtain a stock for less than its market price, so there must be something I am missing.
Say I think stock in company X will go up in value, and I plan to buy one share now and sell it in a year. ... |
Is there a way to know given a stock symbol which sector it is related to?
ie; bioscience or mining or construction or manufacturing?
For example:- if APPL is the stock how can I related that to manufacturing or finance or construction?
|
I'm asking this question out of curiosity as a person who has never traded before.
I notice exchanges generally reward market makers while taxing takers with a fee. If everyone in an exchange chooses to avoid fees and just queue their limit orders on the order book, can the exchange match those orders? How does the ... |
I'm new to stocks & stackexchange. I was wondering if anyone could answer a few questions that I've been unable to find clear answers to in online sources. I appreciate any help.
**How is this interest paid out? :** Is short interest applied to the price at which the stock was originally shorted or the current price... |
https://globitex.com/knowledge-base/trading/2-what-is-the-difference-between-a-market-maker-and-a-market-taker/
> Market taker
> A market taker is a participant of the market, that is agreeing with the currently listed prices on the order book and wishes to fill his trade immediately. If the highest selling price... |
Is becoming an Amazon seller profitable? Is it worth paying for a course? |
https://globitex.com/knowledge-base/trading/2-what-is-the-difference-between-a-market-maker-and-a-market-taker/
> Market taker
> A market taker is a participant of the market, that is agreeing with the currently listed prices on the order book and wishes to fill his trade immediately. If the highest selling price... |
According to, (https://www.investopedia.com/terms/s/stock-loan-fee.asp) , as more shares are shorted, the total supply of lendable shares is decreased since fewer shares are available to borrow.
But the same shares that have been shorted can apparently be borrowed & shorted again according to (https://money.stackex... |
How does short interest influence the borrow rate when shares can be relended ad infinitum? |
I last worked for this company in August of 2019. I am trying to file my taxes for 2020. I received a W-2 for 2020 because I received a direct deposit from this company in March of 2020. I believe this happened because I was an hourly employee whose timesheet needed to be approved by their manager. I believe some of my... |
> [What is the difference between a market maker and a market taker?](https://globitex.com/knowledge-base/trading/2-what-is-the-difference-between-a-market-maker-and-a-market-taker/):
> **Market taker**
> A market taker is a participant of the market, that is agreeing with the currently listed prices on the order... |
I last worked for this company in August of 2019. I am trying to file my taxes for 2020. I received a W-2 for 2020 because I received a direct deposit from this company in March of 2020. I believe this happened because I was an hourly employee whose timesheet needed to be approved by their manager. I believe some of my... |
I had asked this question on the StackOverflow website - but no luck.
I am trying to develop a Google Sheets-based portfolio tracking sheet that is able to retrieve daily prices for the securities in the Australian (ASX) and US markets.
For US market securities the GoogleFinance function works well enough. Howeve... |
I have always been a frugal student. I took extra part time jobs and paid for my college. Never took a loan. Now with a great pain in my heart I realize that all of my efforts were in vain. I could have taken the damn loan, and Biden would forgive it all.
I remember my classmates who were taking federal loans and f... |
Are frugal students going to get reimbursed as a part of student loan forgiveness? |
The SEC uses [Standard Industrial Classification][1] to classify each regulated company.
When you make search on [EDGAR][2], it shows that AAPL has "SIC: 3571 - ELECTRONIC COMPUTERS".
A list of commonly used SIC is on the [SEC website][3].
The SEC also provides an [API service][4] but I can't be sure that t... |
In some 401(k) plans, one has the choice to configure one's paycheck deductions to go to pretax 401(k), after-tax 401(k) and Roth 401(k):
[![enter image description here][1]][1]
Is there any upside to contributing to the after-tax 401(k) instead of the Roth 401(k) via paycheck deduction?
Related: [What are t... |
Is there any upside to contributing to the after-tax 401(k) instead of the Roth 401(k) via paycheck deduction? |
In some 401(k) plans, one has the choice to configure one's paycheck deductions to go to pretax 401(k), after-tax 401(k) and Roth 401(k):
[![enter image description here][1]][1]
Is there any upside to contributing to the after-tax 401(k) instead of the Roth 401(k) via paycheck deduction?
Related: [What are t... |
I'm a long-time homeowner. In 2020, I refinanced my home. Due to the refinance, and switching mortgage banks, I made mortgage payments to three different banks in 2020:
Bank A (original mortgager): 8 monthly mortgage payments, January - August
Bank B (temporary mortgager): 1 mortgage payment, October
Bank C (new m... |
Can adding a 1098 from another mortgage bank lower my deductible interest? How? |
So the previous home owner shows up after 3.5 years and wants to buy back the house. We've done a few minor improvements but no major updates/upgrades, so what should we ask price wise? Like $5,000 more or so? The area is not highly valuable but it has not depreciated either from my research. The house also includes 7 ... |
I assume you hadn't put the house on the market, since you don't have an asking price. Do you even want to move? There is no reason you have to entertain offers.
If you are interested in selling, the benchmark would be current market value. This does not necessarily relate to the previous price and what you've spent... |
The previous home owner showed up after 3.5 years and wants to buy back the house. We've done a few minor improvements but no major updates/upgrades, so what should we ask price wise? Like $5,000 more or so? The area is not highly valuable but it has not depreciated either from my research. The house also includes 7 ac... |
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