Accessed Transaction file and edited Dividend to Qualified dividedn & saved. Change did not take. Tried again NG. Another stock that was sold in 2003 had Dividend listed instead of Qualified Dividend. Since stock not in the 2004 portfolio it could not be accessed for ...
In a message dated 1/29/2004 4:23:37 PM Eastern Standard Time, tyon@bivio.com writes: we charge members a penalty for being late with payments. If we put the penalty money in petty cash, doesn't that give the late payer extra units in Bivio?? We don't want late ...
we charge members a penalty for being late with payments. If we put the penalty money in petty cash, doesn't that give the late payer extra units in Bivio?? We don't want late paying members to get more units than those members who pay on ...
Life time, of course. One of the beauties of owning a partnership interest is that you can add and subtract money as much as you want. As the partnership does its thing, its income and expenses get added and subtracted along with your capital contributions. ...
>>During 2003, one of our club members made a partial withdrawal of $3,500 to buy an RV. >>The withdrawal is shown on line 22 of the Schedule K-1 how does this person report this on their 1040? Both of us tried reading the IRS instructions ...
Thanks to Rip West for his response to this query in the NAIC Club-Treasurers newsgroup: Steve, The 'correct' answer is to go back, correct all the entries when recorded, redo your distribution of earnings for each year, file amended partnership returns for your club for ...
During 2003, one of our club members made a partial withdrawal of $3,500 to buy an RV. The withdrawal is shown on line 22 of the Schedule K-1 how does this person report this on their 1040? Both of us tried reading the IRS instructions ...
I have only recently gotten involved with our club's record keeping. In reviewing the accounting records I discovered numerous omissions and errors going back to the time the club started in 1996. Unfortunately, we are not a model club, although I am trying to change ...
I have just distributed K-1's to my club members. This is our 5th year of operation. One of my members tax software is not letting him past the K-1 page unless he provides a "Tax Shelter Number". Our partnership is not a tax shelter. Did ...
Partnership Fee (TRENTON) -Governor James E. McGreevey signed the following bills into law on Wednesday, January 14: SCS for S-1770/1773/ACS for A-2100/2666/2690 (Bark/Inverso/Singer/ Bodine/Chatzidakis/Cottrell/Malone/Roberts/Sires) - Exempts certain investment clubs from certain partnership fee and payment requirements. ASSEMBLY APPROPRIATIONS COMMITTEE STATEMENT TO SENATE COMMITTEE SUBSTITUTE FOR ...
Thank You for the fast response and action. Original Message From: club_cafe-owner@bivio.com [mailto:club_cafe-owner@bivio.com] On Behalf Of Paul Moeller Sent: Thursday, January 22, 2004 4:56 PM To: club_cafe@bivio.com Subject: club_cafe: RE: PDF File for Taxes Squeo,Alessandro wrote: > How do we account for tax free dividends. ...
Rob, we have two questions. we currently hold PYM (Putnam High Yield Municipal) It gives us a monthly tax free dividend. How do we account for tax free dividends. Should they be entered as qualified dividends? Also, if we pay a member a partial withdraw ...
Do any clubs use Excel to track performance of their portfolios? I am trying to keep track of our stocks, and wish to have an Excel spreadsheet to follow them. If anyone has an established spreadsheet, please let me know. Thanks. Stu
Correct. But licensing of securities advisors is done at the state level. You must check with each state that you will be doing "business" in as to what their requirements are. Some are much stricter than $25m in assets. You will be considered as doing ...
Dear bivio, Last year there was a way to download all the tax related PDF files in one click but this year it looks like I have to right click and save to get each individual file. Will you be adding this single click feature ...