Laurie, On 11/23 We sold Exact Science and the cost basis is not on the Transaction Ledger as well as the gain. This also says it was sold short which is not correct. Stephanie Kissel Dividend Divas shkiss46@gmail.com
We have a member withdrawing a large amount as a full withdrawal. Some members have expressed an interest in buying some of her shares at the unit value and using that cash as part of her payout. I have no idea whether this would be ...
Where can I find instructions on how to change a (sold) security's cost basis? We got caught in that Folio - Interactive Brokers to new broker mess early in 2021. We have a minor (less than $2 cost basis error) to fix.
Fellow Treasurers, My club owned MRK when they spun off ORG. After the spin off we had 7 shares of OGN. We sold our 7 shares at our June meeting. Now in getting things set for our 2021 Audit the figures between what Bivio has ...
We followed BIVIO instructions for entering merger between GWPH and JAZZ in May 2021. BIVIO calculated the sale of our 5 GWPH shares @ $890 however the actual price in the transaction was $200/share or $1000, plus a fractional share of the new JAZZ valued ...
I have a question about 2 of our stocks, Charlottes Web and BioNTech. On our TDAmeritrade portfolio it has Canada beside the name of Charlottes Web, but if you look at their website it says they are a Colorado company. On BioNTech, is it a ...
We just discovered a problem with a withdrawal stock transfer. Even though we specified in writing which block of shares to transfer, TD Ameritrade chose to transfer shares from the oldest block. This was back in 2020. When we tried to transfer shares from that ...
Question: Member requested withdrawal on Aug 6, 2021, and Club membership proposed partial withdrawal, Aug 31, 2021. Member accepted partial withdrawal on Sep 1, 2021. Partial withdrawal check dated Sep 4, 2021 and member cashed check Sep 7, 2021. Partial withdrawal effective date and valuation ...
I invited a potential member as a Guest. she shows in roster as a guest member. The description of a Guest member states Guest does not see Club Emails yet Guest called me next day and said she is seeing all members comments about her ...
I invited a potential member as a Guest. she shows in roster as a guest member. The description of a Guest member states Guest does not see Club Emails yet Guest called me next day and said she is seeing all members comments about her ...
Is there an easy way to record the transfer of stock to a member if the club agrees to give them shares of stock instead of cash when they request a withdrawal or leave the club? We are discussing this as an option for our ...
Our club will likely opt out this year. Is there some language we need to add to our membership agreement to do so. I seem to recall seeing something a couple years ago.
Always check every transaction for accuracy. My club has to reduce its size every December to avoid a partnership fee in NJ. Last year we decided to distribute shares of Apple to our members in proportion to our club ownership. Each member was required to ...
The recording of the Getting Started for Tax Season Webinar we did on Wednesday is now posted here: Getting Ready for Investment Club 2021 Tax Season Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! A www.facebook.com/bivio Follow us on twitter!A A www.twitter.com/bivio ...
There are a lot of new types of investments we find clubs are getting into without really knowing a lot about them, including the tax consequences of owning them. One of them is SPAC's or Special Purpose Acquisition Companies.A A This short, easy to watch ...