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Personal Finance & Money : Recent Questions and Answers (Page 220)

Find answers to your questions about Personal Finance & Money or help others by answering their Personal Finance & Money questions.

Why don't "buy uptick" and "sell downtick" orders exist?

I am learning about tick-sensitive orders. I know that there are two kinds of tick-sensitive orders:Buy downtick order: can be filled only on a downtick or zero downtick price.Sell uptick...

Asked on 05/03/2021

1 answer

I got 1099-NEC that reports box 1 income but no state income (box 7), is this possible or an error?

My spouse did some work for Operation Bandana New Mexico last year, a nonprofit that makes face masks to donate to schools, etc. She got a 1099-NEC as expected...

Asked on 05/03/2021

2 answer

Can you explain Trailing Stop Orders?

Interactive Broker has an order type named Trailing Stop Orders. I need some help as even after reading its help page it's still a mysterious order type...

Asked on 05/03/2021

2 answer

Does the share price always rise after a SPAC announce merger with a target company?

Does the share price always rise after a SPAC (special purpose acquisition company) announces merger with a target company? I feel the only purpose of a SPAC is to merge...

Asked on 05/03/2021

0 answer

how does a non resident alien (Indian) file US taxes?

I have started an LLC in Delaware, USA. I am a non resident alien, living and working from India. The LLC is a sole proprietorship. As far as I know,...

Asked on 05/03/2021 by kingsec

0 answer

How can someone gift money to me in the USA from India without me having to pay taxes on it?

My cousin is gifting me 95k USD. How can i ask him to transfer this fund to me without me having to pay taxes on this amount? I live in...

Asked on 05/03/2021 by user106420

2 answer

Is there any advantage to using a FSA instead of claiming medical expense on tax returns?

Using my FSA is pretty annoying. I have to submit claims and scramble to use it or lose it. Is there any advantage (aside from perhaps cash flow)...

Asked on 05/03/2021

3 answer

Why is maintenance margin at 50% if initial margin is at 100%?

Let's say I open an account with a broker (plus500.com), to invest on margin. I want to open a position (in that case £100 on CDR:WSE) without leverage. It asks...

Asked on 05/03/2021 by Pierre Espenan

1 answer

How to accommodate for bills payed on my behalf in book keeping

I track my expenses and assets using an android application. It allows for a system similar to double entry bookkeeping. Where a recorded transaction make appropriate changes in two accounts....

Asked on 05/03/2021 by WARhead

1 answer

How to calculate cost basis for cryptocurrency gift?

USA Taxes. Here are two possible scenarios:Purchase price is known.Jan 10, 2020 my brother purchases $1,000 worth of crypto (let’s say BTC).Jan 15, 2020 my brother gives me all that...

Asked on 05/03/2021 by user105862

2 answer

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