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Personal Finance & Money : Recent Questions and Answers (Page 443)

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

Is the Operating Income or Loss equivalent to Total Revenues for wealthier companies?

I have noticed on yahoo finance that some companies like this one don't have total revenues in their financial table but rather an Operating Income or Loss...

Asked on 12/11/2020

2 answer

Given wrong POS machine receipt, should I be worried?

I was shopping today and paid with a local bank debit card (not Visa, MasterCard or some international card, just an ATM card issued by a local bank). Normally there...

Asked on 12/11/2020 by MattCat15

1 answer

Do I have to collect sales tax when reselling used personal items?

I bought a new dehumidifier off of Amazon. I used it in my apartment for a month but don't need it anymore. I want to sell it used, at a...

Asked on 12/10/2020

2 answer

Can I tax-deduct income for Traditional IRA during the time I am not covered by new employer's 401(k)?

The IRS states that Traditional IRA tax-deduction eligibly includesRetirement plan at work: Your deduction may be limited if you (or your spouse, if you are married) are covered by a...

Asked on 12/10/2020

2 answer

When harvesting short-term loss, can the losses be deducted against my income if I don't have short-term capital gains, only long-term capital gains?

Regarding tax-loss harvesting in the United States, https://www.moneyunder30.com/profit-from-tax-loss-harvesting (mirror) mentions some priorities between short-term capital gains and long-term capital gains when tax-loss harvesting short-term...

Asked on 12/10/2020

1 answer

How can I lever up my index fund returns?

Suppose I am very confident that the 1 year and 5 year returns of an index-tracking ETF will be positive. How can I lever up the returns? For example, when...

Asked on 12/10/2020

2 answer

Why does short-selling treasuries require significant collateral?

In the vein of this question, I'm curious about getting a loan by selling treasuries. The issue, apparently, is that the proceeds of the short sale is held as...

Asked on 12/10/2020

1 answer

How to pay tax on IRA to Roth rollover

I recently changed employers, and merged my old retirement account with a Roth account I have with an independent company. A little less than half the contributions were pre-tax, and...

Asked on 12/10/2020

2 answer

Can I bring a large sum of inheritance money into the U.S. through an airport?

I'm an international student in the United States. I inherited around 1 million USD from my father. Can I bring that money into the U.S. through an airport?...

Asked on 12/10/2020

1 answer

Are priority profit allocations eligible for QBI?

I know guaranteed payments from an LLC are not eligible for QBI. However, I've found two sources (here and here) that say that a...

Asked on 12/10/2020 by brmcpt

0 answer

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