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IRS Form 8960 line 9b

This is the Net Investment Income Tax to finance Obamacare. Line 9b provides that I can deduct a large part of my state income tax (the part attributable to investment...

Asked on 03/07/2021 by Andrew Lazarus

1 answer

Does a wash sale make sense in downward trending stock?

I buy 100 shares of ABC @ $50. I sell it in a week for $45. I buy it back in a week at $30. My understanding is that the...

Asked on 03/06/2021

1 answer

Mutual Funds and SIP

Say if I am investing in a Mutual Fund with a planning to continue the SIP for 20 years with 3000 per month and increment it by 10% each year,...

Asked on 03/06/2021 by Turing101

0 answer

What is the formula for calculating the mortgage constant when payments are made at the beginning of the period?

In this case, the mortgage constant (or loan constant or debt constant) is the (in my case, annual) ratio of constant payments to the original amount, like here: ...

Asked on 03/06/2021 by user2524282

2 answer

Lost $10K to scammers, found out their home address and want to take action

Lost $10K to scammers. I’ve been able to locate them. I know their home phone, their bank details, who they are renting from, their street address. I want to go...

Asked on 03/06/2021 by Bob Jane

5 answer

Working in 2 different states: does the California income tax rate only consider the money earned in California, or anywhere?

For example, let's take Bob who:worked from January to March in California, where he earned 30kUSD (W2 income and Bob was a California resident),worked for the rest of the year...

Asked on 03/06/2021

1 answer

My eBay account was hacked and a fraudulent listing was made- Scam?

Recently my eBay account was hacked and a fraudulent listing was made, it was for a mobile phone with a sale price of just £12 (about 5% of its RRP)...

Asked on 03/06/2021 by Carrosive

2 answer

Speculation in The Intelligent Investor

I'm reading The Intelligent Investor by Benjamin Graham, and I'm on Chapter 1: Investment versus Speculation. On page 21, he has this footnote:Speculation is beneficial on two levels.... Secondly, risk...

Asked on 03/06/2021

2 answer

Are shares bound to a currency?

Imagine following Person A buys 5 shares of Company B in $. The value of $ crashes, although Person A still owns 5 shares of Company B. We...

Asked on 03/06/2021 by Limon

2 answer

Is a bunch of debt now better than distributed debt in the future in terms of paying less in the long run?

This might be too theoretical but it popped into my head this concept for attending University/College. If you had the ability to choose one of the following which is best...

Asked on 03/06/2021 by guanciale

1 answer

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