Re: [club_cafe] Problems with a deceased mmember's withdrawalYeah, if you dona€(TM)t have an empty bank account on 12/31, you are going to have to file something for 2025. Peter DunkelbergerA On Thu, Nov 7, 2024 at 10:34a€¯AM John Rice via bivio.com <user* 24380400001@bivio.com > wrote: You can have dividends still paid in ...

Re: [club_cafe] Problems with a deceased mmember's withdrawalPlease remove me from the distribution list.A ThankA You Kindly. On Thu, Nov 7, 2024 at 11:19a€¯AM Peter Dunkelberger via bivio.com <user* 26984900001@bivio.com > wrote: Yeah, if you dona€(TM)t have an empty bank account on 12/31, you are going to have to file something for ...

Re: [club_cafe] Re: Step up in cost basisIt is my understanding that the basis is not adjusted to the partner's basis until they sell the stock.A Check out the new IRS Form 7217 that needs to be filed with a former partner's return if they sold any of the transfered final withdrawal ...

Closing clubLike many clubs, we are planning to closedown this year. Just members getting older. We are with Schwab with checking privileges. Obviously, it is simpler to sell everything and distribute the cash. But some members have large capital gains and would prefer stock. I have ...

RE: [club_cafe] TD Ameritrade withdrawal / transfer to a Schwab accountSusan, Thank you for such clear and detailed information! Jeri Morgan, Mutual Investors Group of Cheney WA From: club_cafe@bivio.com <club_cafe@bivio.com> On Behalf Of Susan McClay via bivio.com Sent: Monday, February 8, 2021 12:40 PM To: club_cafe@bivio.com Subject: RE: [club_cafe] TD Ameritrade withdrawal / transfer to ...

Re: nondividend distribution vs nonqualified dividend vs qualified dividendYour holding is an ETF. The link to its description of distributions is: https://www.alpsfunds.com/products/etf/ACES You should have received an explanation of the breakdown for each quarterly distribution at the time of the distribution. There is a pdf copy to the right of each distribution on ...

Re: [club_cafe] Re: Folio Cash HoldI just called my bank (PNC) and they told me my electronic payments to Folio were ACH's. Interestingly, the reason this payment is sent as an ACH is because the receiver (Folio) requested that the transaction be in the form of an ACH. So, for ...

Re: club_cafe: Calculating by unit value?Ann, You are mixing apples and oranges. All allocations of income and expense are done on the basis of the percentage ownership on the day the income/expense is recognized. Additionally, there are two independent sources of "income" for a withdrawing partner. First is the income ...

Re: [club_cafe] Problems with a deceased mmember's withdrawalCharles, you have to do it yourself.A I forgot where to do it but there is an unsubscribe link somewhere. On Thu, Nov 7, 2024 at 8:25a€¯AM Charles Bright via bivio.com <user* 19837600001@bivio.com > wrote: Please remove me from the distribution list.A ThankA You Kindly. ...

Re: Re: What happened to the $69 basic subscription?Our club, too, has no need for AccountSync and was very happy with the basic service. Now, we are considering alternatives. The frustration is paying for a service (AccountSync) that we do not want. You already have the sunk costs in Bivio -- so the ...

Re: club_cafe: Re: Member withdrawelsJim, Rip and John, Thank you so much for all of your information. I am now able to go back to my members and explain all of our options clearly and correctly. Based on this new information, I'll also suggest we make some changes to ...

RE: [club_cafe] TD AMERITRADEThank you for the clarification Ira but the fact still stands that you have to contact TD Ameritrade as well as TD Bank, and the bank seems to do things slowly. When having problems it is best to contact FINRA as well as the banking ...

Re: [club_cafe] Closing clubMust all distributions be the same for each member, that is all cash or all stock? No. Sell stocks (or lots) that have losses and transfer stocks (or lots) that have gains. A CPA is overkill for what you're trying to do. Lots of people ...

Re: [club_cafe] Re: Step up in cost basisI agree, we gave the adjusted cost information from the bivio withdrawal reports to each departing partner to handle with their individual broker/tax advisor at the time they sold the stock, as each partner's basis was unique. From: club_cafe@bivio.com <club_cafe@bivio.com> on behalf of Carole Jansen ...

Re: club_cafe: Discharged MemberPhyliss, Usually the bivio team tries to let others answer posts on club_cafe, but since you made the same inquiry to trez_talk, a forum we try to answer very promptly, I am answering you here. I hope that others will chime in on this very ...