NYS requires that partnerships with a NY resident partner file an IT-204 even if the partnership isn't registered in NY. You only have to report information about the NY resident partner. There is no NYC partnership return. Ira Smilovitz In a message dated 12/1/2011 11:05:28 ...
Good morning everyone, In case you missed it, the recording from last weeks Dashboard Diagnostics session is now posted. http://www.manifestinvesting.com/events/57-dashboard-diagnostics-february-14-2012 Mark Robertson's discussion about this clubs portfolio might give you some ideas you can apply to your own club portfolio. Anybody looking at AVAV? Apparently ...
We have one income item for 2011 that is categorized as "Return of Capital". In the year-end reports for 2011, however, I could not find this item listed in the Income report or in the Capital Gains report. Shouldn't this item be reflected somewhere in ...
Amounts and Dates for a Non-Qualified Dividend paid by LHO, listed on our 1099 provided by E-Trade does not match our Transaction History in BIVIO. E-Trade says thecompany declared the income should be claimed in 2011 even though we didn't receive the money in our ...
I've just generated our tax forms for 2011 and some of the results are different from what I expected. Question 6 on Schedule B is answered "Yes" - this is expected. However, Item F on Page 1 and Schedules L, M-1, and M-2 are filled ...
Hello everyone, Don't forget that the Manifest Investing Challenge Club meeting is tonight at 8:30PM ET. Everyone is invited and it's always a great discussion. You can register now to attend at www.bivio.com/club_cafe -- Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! ...
Our previous president passed away this past June, we need to obtain K-1's and don't know how. Went to page site and it states K-1's not available. How do we obtain these for our members? Josephine Spencer
Of course you can. Just print them and send/distribute. Ira Smilovitz In a message dated 2/20/2012 10:15:26 A.M. Eastern Standard Time, sandeep.mirani@gmail.com writes: If they cannot access their K-1's online, can a club officer/administrator send the schedule K-1's to them? Did not see any option ...
If they cannot access their K-1's online, can a club officer/administrator send the schedule K-1's to them? Did not see any option to do this as yet. Thanks, Sandeep
Good Morning Everyone, We're expecting to be able to announce something extra special for your clubs next week. If you want to be one of the first to find out what it is, make sure you and all of your club members have "liked" our ...
I've noticed that when we have a short position (i.e. sold a covered call), we don't get the "percent of total" column on the Valuation Statement. Is this a bug or a feature? Thanks!
Happy Valentines Day everyone! If you are looking for something to do for a romantic evening, there will be a special Valentine edition of Dashboard Diagnostics online tonight at 8:30 ET. Mark Robertson from Manifest Investing will be reviewing the portfolio of a real investment ...
For the dates 1/1/2011 to 12/31/2011 under Reports - Performance Benchmark our club had a IRR 17.4% return; under Reports - Investment Performance our club had a AIRR 81.0% return. What is the difference between AIRR and IRR and what do these numbers mean? Thanks ...
Good morning everyone, Just a reminder that we are doing another webinar tonight on "Preparing Your Investment Club Taxes". From the questions we are getting, it sounds like 1099's are finally becoming available so now is a great time to get your club taxes done. ...
Every year Laurie, I and several others counsel club treasurers to wait for their 1099s to arrive before completing their tax returns. Here's a personal anecdote to reinforce that advice. I prepared a preliminary copy of my club's 1065 and anticipated distributing the K-1s at ...