Personal Finance & Money Questions, Problems & Solutions : TransWikia.com ~ Page 278

Is room and board a qualified expense?

My daughter recently started college, and I'm looking at paying for it out of her 529 account. A significant part of the cost is room and board. The IRS...

Asked on 03/27/2021

2 answer

Why do people refer to Bitcoin as currency when it is not classed as tender from a taxation perspective?

Bitcoin is often referred to as cryptocurrency. In this article from the BBC the headline is "Digital currency Bitcoin has risen to a new record high of...

Asked on 03/27/2021

3 answer

How safe it is in the long run to regularly invest in the stock market?

I keep seeing the advice of "do not time the market and invest regularly you will eventually be winning over time". This advice is often illustrated by a graph...

Asked on 03/27/2021 by Maxime

10 answer

Can an ill-advised 401k withdrawal be undone?

A friend of mine purchased a home last year after renting for a while. She is approximately 60 years of age. When considering how to finance the purchase, she considered...

Asked on 03/27/2021 by Jason R

2 answer

What is Cup with a Handle?

I have read in an article that the following stock has a cup-with-handle buy pattern. What do you mean by that? ...

Asked on 03/27/2021

2 answer

Forcasting gains or losses on Forex

I am using FXCM brokers to invest in Forex. I would like to know if there is a way to forecast our equity when we have open trades if the...

Asked on 03/27/2021 by MyGIS

0 answer

Do visa gift cards show up in bank account history?

I have the USAA banking app and can see where purchases are made and how much. I was wondering if I got a visa gift card and bought something with...

Asked on 03/27/2021

1 answer

Are you taxed on money withdrawn from a Roth IRA to pay for alimony?

A QDRO allows a non-penalized distribution from a Roth IRA due to a divorce but what if money is taken out and used for alimony that is not specified in...

Asked on 03/27/2021

0 answer

Section 24 - Home loan interest benefit - Ambiguity to calculate 3 years construction complete limit on home loan disbursed in installments

I have booked a flat in under construction project in Pune in 2012. I have taken loan for the same and the first disbursement was made on 17 Jan 2013....

Asked on 03/27/2021 by Amit Shah

2 answer

What are the risks of allowing my stock broker to lend out my shares to short sellers?

Some types of brokerage accounts allow the stock broker to lend my shares to short sellers (probably without needing to notify me). Do I incur any risks when I sign...

Asked on 03/27/2021

2 answer

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