Ira & Rip thanks for the info. Ira we know we can purchase the stock when it goes public. This is not the point . We feel we can purchase these shares at a better price before they hit the market. Ira on my second ...
In a message dated 3/3/2005 1:05:58 P.M. Eastern Standard Time, jed_nov_fra@bivio.com writes: There is a small local savings and loan that is going public. Depositers will get first crack at the available shares. We have a member that can purchase the shares. We want the ...
Thanks again guys for a prompt and spirited response to my post on Pengrowth "dividends." Because of all of your input I went to the Pengrowth web page and read all the documents for U.S. taxpayers. With not much hope of success, I called Scottrade ...
There is a small local savings and loan that is going public. Depositers will get first crack at the available shares. We have a member that can purchase the shares. We want the member to purchase the shares in her name and have them transfered ...
>>You do agree, don't you, that none of those dire things are going to happen if they just call the whole thing non-qualified dividends. Yes, my comment was a bit of intentional overreaction. If the cash received actually was a dividend or even related to ...
>>Ira doesn't seem to agree, but I would enter the whole thing as non-qualified dividends. That way, you can take the foreign tax credit, your partners will be happy, and I can't believe even the IRS will be unhappy. Rip, You're right, I don't agree. ...
Many thanks for your previous rapid response to my query about how to handle Pengrowth "dividends" (see a 2-17-05 post titled "Scottrade 1099..."). I contacted Scottrade and they said that Pengrowth might reclassify that income in late March of this year. But, for now it ...
In a message dated 3/3/2005 9:24:27 A.M. Eastern Standard Time, alan1303@bivio.com writes: Many thanks for your previous rapid response to my query about how to handle Pengrowth "dividends" (see a 2-17-05 post titled "Scottrade 1099..."). I contacted Scottrade and they said that Pengrowth might reclassify ...
My club just switched to the unit system. That means that each individual can contribute as much as she wishes, and new members can "buy in" at a lower unit level. We may have different unit holdings, but we did agree to a "one man, ...
hi, i would be very interested in joing an existing investment club in san francisco i have some mutual funds now but want to learn and earn as i go thanks jim
>>IN the Where to File Tax Instructions, page 9, it clearly says "Do not write "See Attached", fill in all spaces". But when I print out the schedule D, it says "See Attached" and our club's 1 sale is listed on an attached page. Will ...
IN the Where to File Tax Instructions, page 9, it clearly says "Do not write "See Attached", fill in all spaces". But when I print out the schedule D, it says "See Attached" and our club's 1 sale is listed on an attached page. Will ...
This is not a problem with the tax reporting by bivio, but a problem with how to report the distributions. Couple of our members recevied a Final K-1 form. They are asking how they would report the distribution they got from the partnership. They specifically ...
In a message dated 2/19/2005 10:16:50 P.M. Eastern Standard Time, pjohnson12581@bivio.com writes: we received additional stock along with a cash payment for a merger. The cash payment was not for fractional shares. How do I report the cash payment on my 2004 club return. Not ...
we received additional stock along with a cash payment for a merger. The cash payment was not for fractional shares. How do I report the cash payment on my 2004 club return. Not sure if I adjust my cost basis by amt of cash payment ...