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Personal Finance & Money : Recent Questions and Answers (Page 398)

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

Can I open a Traditional IRA if I have a 401(k) and a Roth IRA?

I have a Roth IRA that I made and a 401(k) account through my employer. I realized that I will be above the income limit to contribute to Roth IRA...

Asked on 01/10/2021

2 answer

Income Tax filing of Roth Info

I may have mis added the amount of 401 K I converted to a Roth account on my taxes. Will the IRS catch that? What will be the penalty?...

Asked on 01/10/2021 by MBLawrence

1 answer

How should I interpret information about bond spreads that narrowed or widened the most?

How should I interpret information about bond spreads that narrowed or widened the most? I see this information in the financial pages in the newspaper, and have some ideas about...

Asked on 01/10/2021 by Cheryl666

2 answer

What are the advantages/disadvantages of investing in foreign currency?

I am learning about brokerage accounts and how investors diversify their portfolios within their brokerage or other investment accounts. One of the things I have noticed, especially in the U.S.,...

Asked on 01/10/2021

4 answer

Pros & cons of buying gold directly vs. investing in a gold ETF like GLD, IAU, SGOL?

Google search brings up some articles on this topic, but they can be biased, so: What are the advantages and disadvantages of buying physical gold vs. investing in a gold...

Asked on 01/09/2021

2 answer

Is there a difference between "spot price" and "market price"?

I'm learning about buying crypto at "spot price" as buying in the price it is at "this moment right now on the spot". But isn't that the same as "market...

Asked on 01/09/2021 by Pineapple29

2 answer

Checking one's status with the IRS

I'm not American. I was a resident alien and worked legally for 9 weeks in the US a few years ago. I received a US SSN. The job turned bad...

Asked on 01/09/2021

1 answer

Line 12 of 1020-S Sub-S Corp return

My accountant has fallen serious ill, I'm sole owner and employee of a Sub-S Corp.I'm looking at my 2018 Corp Tax return at line 12, trying to figure out...

Asked on 01/09/2021

0 answer

What taxes do I need to pay?

I run a small business corporation in the Commonwealth of Massachusetts. I am trying to figure out what taxes I owe to the IRS and how often. My business had...

Asked on 01/09/2021

0 answer

Stolen Check honored by bank (maybe after being cancelled). What should I do?

My daughter's checkbook was stolen last Saturday, she reported it to the bank Monday morning 10am and told them to cancel all the checks. She told the police earlier....

Asked on 01/09/2021 by Dark Matter

3 answer

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