Just saw this link on one of my Accounting blogs.A Looks like some great gift ideas here if you want to show your club treasurer how much you appreciate them! Tax Season Survivor Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! A ...
Our Club incorporated in 1994 and we have all tax records since the beginning. We need to purge some of our other records. I keep a file for Monthly Reports, Attendance and Deposits (Payments) TDAmeritrade Statements and Taxes. How long is it necessary for us ...
It was a partial wd. There is a figure in 19a and 19c. On Thursday 26/03/2015 at 6:28 pm, ira smilovitz wrote: Was it a partial withdrawal or a full withdrawal? BTW, the entry should be in 19A, not 19C. Ira Smilovitz On Thu, Mar ...
Can someone explain why the K1 of a member who withdrew funds shows distributions 19C (other property) as the club's cost basis and not the member's cost basis?
I am suspicious of any major company in the U.S. that does not produce an annual report to its stockholders. Qualcomm feels that the financials they file with the government should be adequate but I disagree. Most companies bite the bullet and tell you how ...
For those who don't ready Morgan Housel yet,A I'd highly recommend his writings.A Here's his latest: What's Wrong With Finance I think a lot of us are in investment clubs because we don't want to depend on those who benefit when we trade versus when ...
You do not need to do anything with the withdrawal report aside from giving it to the member. Hopefully his tax preparer will know what to do with it. The k-1 for that member should have FINAL checked at the top and should show a ...
So the withdrawal report is given to the member who has withdrawn along with the K-1 for taxes. Does the club need to do anything with the withdrawing member's withdrawal report in regard to taxes? The withdrawal report does not go to the IRS' correct?
How do we account for payments dated in 2015 on the 1099 that are NOT in Bivio for 2014? This is for Digital Realty Trust and these are reported on the 2014 combined 1099 01/15/15 31.11 Nonqualified dividend 03 01/15/15 5.77 Long-term capital gain 03 ...
I ran the taxes for my club and the K-1s only show the cash-out amount for members who fully withdrew from the club last year, not their tax basis. Another club member told me to run a "Withdrawal Report" for them to use with their ...
Our club wants to buy into the Invesco Equity and Income mutual fund. The initial investment is $1000 and there is a front end fee of 5% which works out to be $50. The price of the unit is $10.47. Can any one tell me ...
HI, We see that the CA tax forms are posted. Do we need to wait for an official Bivio announcement? Laurie had asked us to wait for the announcement in a previous post. Thanks, Virginia Van Kuran Tower Investment Club Palo Alto, CA