i may have to call the FTB but i figured i'd ask my questions here first. FIRST: in my state tax book (CA), it states that the principal business code (supposedly the same # for federal) for investment clubs should be 523910. however when i ...
I notice on Yahoo today Adobe is selling for about 33 per share, yesterday was about the same. But our account valuation report shows 48 per share, what gives? Steve
i just realized (lamely!) that we have to file state tax forms. (california) i was just wondering if anyone has found that they have to make adjustments, or if the information is pretty much the same on the federal and the state forms. btw, our ...
Two comments As a general partnership you do not file IT-204-LL and do not pay the filing fee. As a NY partnership, you must list ALL partners on IT-204-ATT, not just the NY partners. The instruction to list only NY partners applies to "foreign" partnerships ...
My Club is a general partnership formed in New York State with members in New York and CT. I am aware that I need to file the form IT-204 and IT-204-ATT for the NYS members, but do I need to file and pay the IT-204-LL ...
The State of NJ has issued a document summarizing all of the changes as they apply to NJ partnerships. It can be found here: www.state.nj.us/treasury/taxation/archived/partnotice.htm Among the important issues which have NOT been discussed to death already: 1) All partnerships which are not Qualified Investment ...
Is there any way I can backup the information about our club, i.e. Members, Investments, etc., to a CD or a Zip drive. If so where can I find the directions? Is the information in Downloading Files with Internet Explorer? Thanks for your help, Charlotte
>>Does anyone know how "Small Partnership" is defined in section 6231(a)(1)(B)(i)? Is the text of that section available on the internet? In particuar, is it possible to be a "Small Partnership" if you have more than 10 members? Section 6231. Definitions and special rules (a) ...
Even with 3 members, you are eligible for consolidated audit treatment, *IF* you make the election to be subject to it. According to the instructions for Form 1065, checking the box for Question 4, Schedule B is not sufficient. You must make the election separately. ...
Two pieces of news, one good, one bad. The good: NJ web-based e-filing software for partnerships is available here: https://www4.state.nj.us/NASApp/TYTR_BusinessFilings/jsp/common/Login.jsp?taxcode=43 All clubs with 10 or more K-1s must file electronically. The bad: It appears that the NJ Assembly will not consider S1770/A2666, the bill to ...
When I pull up the list of members who need to receive the K-1 form, the software shows two prior members who left the club in 2001. How do I remove them from the list? I looked for a way to edit the date they ...
We had a member resign in Nov 2002, we accepted her resignation at the Dec 2002 meeting. Due to surgery the treasurer was unable to get the check to payout the member until 2003. In the meantime the tax forms have been completed. Will they ...
If you haven't already done so, I would contact bivio tech support. Ira Smilovitz In a message dated 03/10/03 5:56:11 PM Eastern Standard Time, mathwickc@bivio.com writes: When I pull up the list of members who need to receive the K-1 form, the software shows two ...
Since bank stocks are held to different standards in other areas (such as debt ratios), would they be held also to different standards regarding their Relative Value?