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Personal Finance & Money : Recent Questions and Answers (Page 301)

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

Business taxes to an Italian citizen with an online business outside Italy

As an Italian citizen, if I open a company outside Italy (for example, a LLC in US) and operate strictly online, will I still have to pay business taxes on...

Asked on 03/13/2021 by Paulo Coghi

1 answer

Acclererated settlment cycle: does t+0 benefit retail investors more than institutional investors?

In this report on accelerating the settlement cycle DTCC explains that a t+1 cycle could reduce the often unpredictable instrument-specific risks as well as order execution risks...

Asked on 03/13/2021

0 answer

Buying a house with my new partner as Tenants in common. How do we work out what is fair for us both?

My new partner (7 years new!) are buying our first house together. We are both in our late 40s and have been divorced for some years. I have more equity...

Asked on 03/13/2021 by LouiseWaho12

6 answer

When doing a SWIFT transfer between two banks, which entities can stop the transfer due to suspicion of fraud?

I'm guessing that both the source bank and the recipient bank have the ability to stop the transfer. Can the other entity, e.g. SWIFT, stop the transfer due to suspicion...

Asked on 03/13/2021

1 answer

Stimulus Check Eligibility as 22yr Old College Student

I am a 22 year old college student. My mom has not claimed me on her taxes since 2015. I have claimed independent since I turned 18. I do not...

Asked on 03/13/2021 by Mmg0925

1 answer

Solo 401K with a Solo Roth 401K and MEGA Backdoor Roth

In 2020, I have worked as both a sole proprietor / individual contractor with no employees and as a W2 part-time employee. I am 41 yrs old (under 50) and...

Asked on 03/13/2021 by kp123

0 answer

Can I rollover Roth/Traditional 401k into a Roth IRA?

My previous employer offered both a Roth and a Traditional 401k (unclear to me if these are technically separate accounts... as far as I was functionally aware, I had one...

Asked on 03/13/2021

3 answer

Do I need to pay Estimated Taxes on Qualified dividend income if I fall in the 0% Long-Term Capital Gains tax bracket?

Basically I make ~$21000 in income from work, and $1000 in dividends. So, being below $40k in income, I technically owe 0% on the qualified dividend income, but I'm not...

Asked on 03/13/2021 by SmugDoodleBug

1 answer

Where can I enter my contribution for Maryland College Investment Plan in TurboTax Online?

I'm a Maryland resident who contributed $2500 to each of my two daughters' Maryland College Savings Plans. That should entitle me to a $5000 Maryland state tax deduction. Now I'm...

Asked on 03/12/2021

1 answer

Deducting self-employed ACA health insurance premiums paid for next year

I'm self-employed and paid my January 2019 ACA health insurance premium at the end of 2018. I assume I can deduct this on my 2018 taxes since I use the...

Asked on 03/12/2021

2 answer

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