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According to [SEC.gov][1]:
> **Internalization**
>
> When you place an order to buy or sell a stock, your broker has
> choices on where to execute your order. Instead of routing your order
> to a market or market-makers for execution, your broker may fill the
> order from the firm's own inventory. This is... |
Can a brokerage hold BUY order from customer until brokerage has needed stock to fill the order "in-house"? |
Are there any program that can import 1099 B pdf file and then calculate capital gain for me automatically ?
Turbotax sorta able to do this.
However, Turbotax won't let me upload the form, but they can find capital gain for me by importaing my 1099 B form if I log in to my broker account, but some of my broker can... |
I have 10,000 RSUs vested and released recently. 42% of Shares were sold at $15 per share when RSUs were released but trading window was closed. When trading window finally opened, I sold all my RSUs at market price, $5/share.
It seems I was taxed for $63,000 but I only got $29,000. So the tax rate is 68% not 42%? ... |
I'm studying the very basics of accounting, so bear with me please :)
When calculating depreciation using the straight line method for example, one takes the cost of the asset, estimates the salvage value of the asset, and fits a straight line between these two points over the useful life of the asset.
Let's say ... |
How does an accountant estimate the salvage value of an asset when calculating depreciation? |
> What's the use of storing a huge single gold bar when you'd just end
> up not being able to use it except for some major one-time purchase?
The traditional response to social upheaval is to get yourself and your gold smuggled to somewhere with less social upheaval. Once you reach a safe, reasonably stable country... |
If you can earn your diploma in 1 year instead of 3, what do you do the following 2 years? If your answer is, Take a vacation, see the world, lay around the house watching TV and drinking bear, then your two scenarios end up pretty much the same. In both cases you have approximately $30,000 in debt plus accumulating in... |
I overcontributed to my Roth IRA by $2,000 in 2020. I realized this when working on my 2020 taxes this year, so withdrew the excess contribution and respective earnings of $277.50. Now I received a letter from my broker summarizing this transaction. The letter also says:
> The amount of earnings returned to you, if ... |
Why will I be receiving a 1099-R in January of 2022, for income that is supposed to be reported for tax year 2020? |
# To actually answer your question...
1. the normal tradable/usable gold bullion bars are "400 ounce" bars. Aka LBMA, mocattas, LGD bar, etc. (Note that as a curiosity, they are not 400 ounces, they each vary. If you're ever talking to some fool who thinks they are a gold bug and has never actually owned any bars,... |
# To actually answer your question...
1. the normal tradable/usable gold bullion bars are "400 ounce" bars. Aka LBMA, mocattas, LGD bar, etc. (Note that as a curiosity, they are not 400 ounces, they each vary. If you're ever talking to some fool who thinks they are a gold bug and has never actually owned any bars,... |
Suppose I have an individual brokerage account with a number of positions. As far as I found, the taxation takes place per position, i.e. I can be forced to pay tax even if the portfolio loses money. Did I get that right and if yes, is there a way to pay the tax on the entire portfolio instead? |
Is it possible (in the US) to have an individual brokerage account where taxes are paid on portfolio, not individual positions? |
Suppose I have an individual brokerage account with a number of positions. As far as I found, the taxation takes place per position, i.e. I can be forced to pay tax even if the portfolio loses money.
Did I get that right and if yes, is there a way to pay the tax on the entire portfolio instead? |
Is it possible to have an individual brokerage account where taxes are paid on portfolio, not individual positions? |
I understand that illegal naked shorting can lead to FTDs since same share can be loaned out and shorted multiple times. This can lead to a situation where >100% of a stock's float is shorted (Ref: https://money.stackexchange.com/questions/135446/how-can-gamestop-be-short-140-of-float)
Can the same thing happen on s... |
Can selling naked calls create counterfeit shares? |
> AFAIK a fixed amount of call/put contracts is not "issued" by anybody the same way that a company decides to issue shares and dilute its own holding.
That is correct. There's is no limit to the number of options that can be created as long as you have the required margin to support the naked short option position... |
Example: https://www.royalmint.com/invest/bullion/bullion-coins/gold-coins/double-sovereign-2021-gold-bullion-coin/
I've tried my best to look up and translate what a "bullion" is, or "gold bullion", but I only find references to gold **bars**.
That coin on the webpage looks nothing like gold to me. It looks like... |
How can a "gold" coin look nothing like gold? |
I participated in a funeral service and was given a $100 check for doing so. Is that considered income (i.e. Other Income) on federal income taxes or is it treated as a gift? |
1. "bullion" **simply means** "pure gold", so .9999
2. You can in fact see **the three common types of bullion** in this convenient answer:
https://money.stackexchange.com/a/137190/41786
3. The coin you reference is NOT bullion, it is **22 carat**. There's **nothing wrong with that**, but it's not "normal go... |
1. "bullion" **simply means** "pure gold", so .9999
2. You can in fact see **the three common types of bullion** in this convenient answer:
https://money.stackexchange.com/a/137190/41786
3. The coin you reference is NOT bullion, it is **22 carat**. There's **nothing wrong with that**, but it's not "normal go... |
1. "bullion" **simply means** "pure gold", so .9999
2. You can in fact see **the three common types of bullion** in this convenient answer:
https://money.stackexchange.com/a/137190/41786
3. The coin you reference is NOT bullion, it is **22 carat**. There's **nothing wrong with that**, but it's not "normal go... |
I participated in a funeral service and was given a $100 check for doing so. Is that considered income (i.e. Other Income) on federal income taxes or is it treated as a gift?
---
The check was written from the business. |
> AFAIK a fixed amount of call/put contracts is not "issued" by anybody the same way that a company decides to issue shares and dilute its own holding.
That is correct. There's is no limit to the number of options that can be created as long as you have the required margin to support the naked short option position... |
The gold sovereign is a 22 carat rose gold coin, meaning that it is composed of 22/24 parts gold and 2/24 parts copper. The small percentage of copper affects two things; the color of the alloy and the hardness of the metal.
Some people prefer the color of rose gold to normal. For evidence of this, google the terms... |
I have two questions:
1. If I buy a bond with a par value of 1000€ for 10000€. Do I get 10 bonds or just one bond that is worth 10000€.
2. If I buy a 30 year bond that has 5% coupon yield, below par value of 1000€ (for 800€), then I would get a yield of maturity (29 years) of 6.33%. For how much can I sell my bon... |
I have two questions:
1. If I buy a bond with a par value of 1000€ for 10000€. Do I get 10 bonds or just one bond that is worth 10000€.
2. If I buy a 30 year bond that has 5% coupon yield, below par value of 1000€ (800€) for 10000€ (would I get 12.5 bonds or only one bond?), then I would get a yield of maturity (... |
I am in the process of buying a house. I am a first time buyer. Of course interest rates are ridiculously low so going to get a fixed mortgage. To offer some context, I am financially secure, no real debts, substantial free income and my fico is well over 800. I am in my early 50s, so retirement is something in the bac... |
I am in the process of buying a house. I am a first time buyer. Of course interest rates are ridiculously low so going to get a fixed mortgage. To offer some context, I am financially secure, no real debts, substantial free income and my fico is well over 800, resident in Illinois, USA. I am in my early 50s, so retirem... |
Assume there is following information on the pricing of the currency pair
[![enter image description here][1]][1]
Based on the image above, the spread for AUDUSD is lower than USDAUD (0.9 vs 1.6).
Assuming I wanted to buy USDAUD, does it make more sense to place a sell order on AUDUSD instead?
What's the pros a... |
I'm 27 and my wife is 23. She stays at home and I'm the breadwinner. If I die, I would like her to get fixed, inflation-adjusted payments until she dies.
According to the National Endowment for Financial Education, [through the Washington Post][1], 70% of people who win the lottery or get a large windfall go bankrup... |
Can I get life insurance for myself that automatically converts to an inflation-adjusted life annuity for my wife if I die? |
The past few weeks YouTube has been showing me advertising asking to make donations to help pay medical bills for sick children via a crowdfunding site called [Drove][1].
However, the ads look very suspicious. In one example, a child called Tovi in a hospital beds talks in a Slavic language about being very sick a... |
Are ads on YouTube asking donations for sick children via drove.com a scam? |
I am a young graduate who is 3-4 years into his job, and has just started to make enough savings from my job that I am debt free now, and hence having to look into stock market trading/investing. So I have been doing some reading and watching personal finance videos over the last 3-4 months. But then, I have this quest... |
Why does society require the common man, who is not at all interested in finance, to engage in investing? |
I am a young graduate who is 3-4 years into his job, and has just started to make enough savings from my job that I am debt free now, and hence having to look into stock market trading/investing so that my wealth doesn't lose its value over time. So I have been doing some reading and watching personal finance videos ov... |
I am a young graduate who is 3-4 years into his job, and has just started to make enough savings from my job that I am debt free now, and hence having to look into stock market trading/investing so that my wealth doesn't lose its value over time. So I have been doing some reading and watching personal finance videos ov... |
I am a young graduate who is 3-4 years into his job, and has just started to make enough savings from my job that I am debt free now, and hence having to look into stock market trading/investing so that my wealth doesn't lose its value over time. So I have been doing some reading and watching personal finance videos ov... |
I am a young graduate who is 3-4 years into his job, and has just started to make enough savings from my job that I am debt free now, and hence having to look into stock market trading/investing so that my wealth doesn't lose its value over time. So I have been doing some reading and watching personal finance videos ov... |
I'm inclined to vote to close this question because, like most "why" questions, the answer is irrelevant. But, since I disagree with the necessity of most of the issues you assert in your question, here we go...
Yes, you need to choose a bank. You chose the bank(s) you already use, was that some horrible undue bur... |
I'm inclined to vote to close this question because, like most "why" questions, the answer is irrelevant. But, since I disagree with the necessity of most of the issues you assert in your question, here we go...
Yes, you need to choose a bank. You chose the bank(s) you already use, was that some horrible undue bur... |
I can not give you a silver bullet to this question (there is not perfect way) but some points to think about:
- how much do interest rates differ? 30 years fixed is more expensive than 15 years fixed. Larger down payments give better interest rates.
- How much debt is left after 15 years? If interest rates rise cons... |
> you need to make a demat account
Only in some countries.
> you need to make a brokerage account
It's not that hard. Honest.
> you need to research about brokerage firms, like Robinhood vs Interactive Brokers - each have their long list of pros and cons
How much do you research before making large, imp... |
I have two questions:
1. If I want to invest 10000€ in specific bond with a par value of 1000€. When I make order, what do I get (10 bonds or one bond that is worth 10000€)?
2. If I buy a 30 year bond that has 5% coupon yield, below par value of 1000€ (800€) (can I make an order for 10000€ or it needs to be a mul... |
I have two questions:
1. If I want to invest 10000€ in specific bond with a par value of 1000€. When I make order, what do I get (10 bonds or one bond that is worth 10000€)?
2. If I buy a 30 year bond that has 5% coupon yield, below par value of 1000€ (800€) (can I make an order for 10000€ or it needs to be a mul... |
I have two questions:
1. If I want to invest 10,000€ in specific bond with a par value of 1,000€. When I make order, what do I get (10 bonds or one bond that is worth 10,000€)?
2. If I buy a 30 year bond that has 5% coupon yield, below par value of 1,000€ (800€) (can I make an order for 10,000€ or it needs to be ... |
# Force a death insurance payout to be taken as an annuity:
All/most death insurances, when paid-out, the beneficiary can choose either a lump or an annuity. (Alternately of course, even if beneficiary takes a lump, it's trivial to call an annuity company and convert that lump to an annuity.)
Nature of the quest... |
>If I want to invest 10,000€ in specific bond with a par value of 1,000€. When I make order, what do I get (10 bonds or one bond that is worth 10,000€)?
You "get" 10 bonds - meaning that you can sell part of this lot (in whole bond increments) if you want to.
>If I buy a 30 year bond that has 5% coupon yield, bel... |
I am a young graduate who is 3-4 years into his job, and has just started to make enough savings from my job that I am debt free now, and hence having to look into stock market trading/investing so that my wealth doesn't lose its value over time. So I have been doing some reading and watching personal finance videos ov... |
I participated in a funeral service and was given a $100 check for doing so. Is that considered income (i.e. Other Income) on federal income taxes or is it treated as a gift?
---
The check was written from the business. The funeral home says they do not produce a 1099. |
I'd say buy the least expensive house that meets your needs. The home you live in is generally a poor investment. While (good) real-estate tends to at least keep pace with inflation there are many costs associated with it that people fail to consider when looking at the price increase alone. Coinsider:
- Upkeep:... |
The past few weeks YouTube has been showing me advertising asking to make donations to help pay medical bills for sick children via a crowdfunding site called Drove.
However, the ads look very suspicious. In one example, a child called Tovi in a hospital beds talks in a Slavic language about being very sick and be... |
>If I want to invest 10,000€ in specific bond with a par value of 1,000€. When I make order, what do I get (10 bonds or one bond that is worth 10,000€)?
You "get" 10 bonds - meaning that you can sell part of this lot (in whole bond increments) if you want to.
>If I buy a 30 year bond that has 5% coupon yield, bel... |
on December 18, 2019, I set up an auto deposit, in the custodians site, of approximately $5000 into my HSA to occur on 12/31/19 for CURRENT YEAR contribution. Funds were taken from my checking account on 1/2/20 and hit the HSA account on 1/7/2020. When I do a search of the HSA site for my transactions, it shows as a... |
On December 18, 2019, I set up an auto deposit, in the custodians site, of approximately $5000 into my HSA to occur on 12/31/19 for CURRENT YEAR contribution. Funds were taken from my checking account on 1/2/20 and hit the HSA account on 1/7/2020. When I do a search of the HSA site for my transactions, it shows as a... |
How do I get my HSA custodian to fix this contribution date error? |
It seems you've reached out to the right person, the custodian of the plan is the right person. The question is thusly: can you compel them to change that contribution year? Probably not, but it may be possible to enlist legal aid here. It would be up to you to decide how much it is worth to you to hire said legal expe... |
It seems you've reached out to the right person, the custodian of the plan is the right person. It is possible that they have a supervisor or maybe even a company ombudsman that my be sympathetic to your tale here.
However question is thusly: can you compel them to change that contribution year? Probably not, but i... |
I found while looking at money market/purchased money funds that while there is no minimum initial investment for SWVVX ("investor shares") there was a minimum initial investment of $1,000,000 for SNAXX ("ultra shares").
My question is: are there certain classes of investments generally subject to minimum initial in... |
Rundown on minimum initial investments? |
I see news that in [Germany banks are asking people][1] to take the money to other banks and need to pay bank [negative interest][2] to keep money.
A co worker pointed a strategy that we can possible use in USA, and that is to keep the money with Bank, and at same time get a cashier's check issued leaving less money... |
I see news that in [Germany banks are asking people][1] to take the money to other banks and need to pay bank [negative interest][2] to keep money.
A co-worker pointed a strategy that we can possible use in USA, and that is to keep the money with Bank, but at same time get a cashier's check issued leaving less money... |
I'd say buy the least expensive house that meets your needs. The home you live in is generally a poor investment. While (good) real-estate tends to at least keep pace with inflation there are many costs associated with it that people fail to consider when looking at the price increase alone. Consider:
- Upkeep: ... |
I was working in the US as a resident and had a valid work permit.<br>
I had to travel in December 2019, then the pandemic hit, I was stuck abroad and my work permit expired.<br>
I have a Sole Proprietor Company through which I perceived income during 2020.<br>
Now I have to declare taxes using the 1099-SEC form<br>... |
my work permit expired, I have a Florida profit corporation (Inc), can I perceive income via 1099-SEC? and declare taxes? |
I have received 2 W2 forms from the same employer.
First one has all the entries for federal and my current state.
Second one does not have entries for the federal information, and only information for my previous state where I lived for the first half of the year.
The only difference between the two forms,... |
Can I enter a single W2 entry if I have two W2 forms from the same employer? |
**The assumption that you should make with any sort of ad like this is that it is a scam.**
*Why?*
Because if you want to donate money to children in need there are numerous charities that offer a high return on your money.
*Why is this one bad?*
In general a "good" charity will post lots of informati... |
Earlier this week I made a conscious decision to only spend $50 per month on Amazon to cut back on unnecessary spending. I was thinking a way to achieve this would be to just add crap to the shopping cart but do not buy it, and then maybe once the cart is at $50, make the purchase. I read through alot of budget threads... |
**The assumption that you should make with any sort of ad like this is that it is a scam.**
*Why?*
Because if you want to donate money to children in need there are numerous charities that offer a high return on your money.
*Why is this one bad?*
In general a "good" charity will post lots of informati... |
I came to the US to study on an F-1 visa in September 2013 and graduated in March 2015. Since then, I have been working on an F-1 OPT visa. In Oct 2015, my visa changed to H1B. In Sep. 2018, I switched my visa to F-1 and returned to school for PhD program. My visa remains F-1 since then.
What should my filing statu... |
Official SBA PPP FAQ had this answer:
> 14. Question: What time period should borrowers use to determine their number of employees and payroll costs to calculate their maximum loan
> amounts?
>
> Answer: In general, borrowers can calculate their aggregate
> payroll costs using data either from the previous 12 mo... |
PPP 2.0: Can businesses that were not operational in 2019 use 01/01/2020-02/29/2020 period for average payroll cost calculations? |
Official SBA PPP 1.0 FAQ had this answer:
> 14. Question: What time period should borrowers use to determine their number of employees and payroll costs to calculate their maximum loan
> amounts?
>
> Answer: In general, borrowers can calculate their aggregate
> payroll costs using data either from the previous 1... |
I am asking this for Academic purpose. and would appreciate your help here and if there is any reference that can support your answers
Here is the scenario
There are 4 companies in the stock market A, B, C, and D
I can watch these 4 companies stock for 4 weeks before make a decision which stocks ar... |
How to analyse stock market and find best company? |
I am asking this for Academic purpose. and would appreciate your help here and if there is any reference that can support your answers
Here is the scenario
There are 4 companies in the stock market A, B, C, and D
I can watch these 4 companies stock for 4 weeks before make a decision which stocks ar... |
I am asking this for Academic purpose. and would appreciate your help here and if there is any reference that can support your answers
Here is the scenario
There are 4 companies in the stock market A, B, C, and D
I can watch these 4 companies stock for 4 weeks before make a decision which stocks ar... |
Assuming:
- nothing at the company changes
- the two current owners are 50/50 partners
- the $45k net earnings is distributed to the owners each year
Buying 1% of the company for $10,000 puts a million dollar *($1,000,000)* value on a company that does surveys, which are not new or special, and earns less th... |
Assuming:
- nothing at the company changes
- the two current owners are 50/50 partners
- the $45k net earnings is distributed to the owners each year
Buying 1% of the company for $10,000 puts a million dollar *($1,000,000)* value on a company that does surveys, which are not new or special, and earns less th... |
Assuming:
- nothing at the company changes
- the two current owners are 50/50 partners
- the $45k net earnings is distributed to the owners each year
Buying 1% of the company for $10,000 puts a million dollar *($1,000,000)* value on a company that does surveys, which are not new or special, and earns less th... |
There are instruction on the W-4 regarding how to complete the form if you have more than one job. They also have an online tool: https://www.irs.gov/individuals/tax-withholding-estimator
The general idea is that you have to account for both jobs or your taxes will be under-withheld, which could cause you to have to... |
<br> I'm experiencing some trouble in understanding the evolution of the Apple number of shares. <br><br>
In particular, I am looking at its 10-Qs of **<a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/320193/000032019320000062/aapl-20200627.htm">27 June 2020</a>** and **<a href="https://www.sec.gov/ix?doc=/Arc... |
They recently did a stock split a 4 for 1 split in August 2020:
https://investor.apple.com/faq/default.aspx
> How many times has Apple’s stock split?
>
> Apple’s stock has split five times since the company went public. **The
> stock split on a 4-for-1 basis on August 28, 2020**, a 7-for-1 basis on
> June 9,... |
What are the taxes or things we need to keep in mind in order to bring inherited money from Pakistan to the UK? My Grandfather passed away and left an inheritance for his kids (my father), My grandfather never lived in Uk and was domiciled in Pakistan but my father lives in the UK and wants to bring the Money here to t... |
Want to bring inheritance Money from Pakistan to UK? |
My question is about how and why the average cost of a stock is re-computed after the capital gain distributions of the corresponding fund. I'll give the actual example that confuses me to ground the discussion but I think this is quite general.
**Concrete example:**
I bought VSP stocks for 62.65$ per unit (say 1... |
How to compute unit average cost after capital gain distributions? |
I think the answer is yes, but I'm not sure, because SBA's answer is worded confusingly. Is the following sentence for any business, or for seasonal businesses only?
> An applicant that was not in business from February 15, 2019 to June
> 30, 2019 may use the average monthly payroll costs for the period
> January... |
Trying to understand how average cost basis works. What I didn't find is if after a sale the computation of cost basis will change for a security: I calculate the cost basis as average cost during all periods I bought the security and any time a new buy happens I have a new basis.
But when I sell securities do I hav... |
This takes place in the USA.
I sent the documents that are required to close my LLC but never got confirmation that it was dissolved.
Throughout the whole time I ran it, I was never able to log into the FTB's website using the EIN number I got when opening it. Not being able to go on the FTB website was actually on... |
A few months ago I was checked my transactions online, looking for the latest interest charge, but I couldn't find it. So I called them and the rep said that they couldn't find any interest charge for the previous month, nor the last several months. I joking said something like "long may it continue" and we end the cal... |
My credit card company has stopped charging me interest. Shall I inform them? |
Can you use this time to pay down the interest bearing balance? That would be my recommendation. It's not your job to quality control their system but you should fully expect they will figure it out and charge and applicable interest. |
Can you use this time to pay down the interest bearing balance? That would be my recommendation. It's not your job to quality control their system but you should fully expect they will figure it out and charge any applicable interest. |
When incorporating an existing business (US sole proprietorship to S-Corp) and transferring assets + cash (consideration) in exchange for shares, how are assets handled that have been fully depreciated at the time of transfer?
My understanding is that the assets should be given a "Fair Value" and that should be rep... |
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