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Personal Finance & Money : Recent Questions and Answers (Page 94)

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

Correcting excess 401k contribution to solo 401k -- Do I have to file a 1099 R before I can file my 2020 taxes?

In 2020 I left a corporate job and started my own business. I established a solo-401k and accidentally made an excess contribution to the solo 401k due to a previous...

Asked on 07/23/2021

0 answer

Foreign tax credit does not seem to prevent double taxation

The foreign tax credit is intended to relieve you of a double tax burden when your foreign source income is taxed by both the United States and the foreign country....

Asked on 07/23/2021 by Joris Kinable

4 answer

Splitting a transaction difficulty

I'm using Gnucash to keep track of my personal finances and am new to the program. I've been trying to learn how to split a transaction and it simply...

Asked on 07/23/2021 by Preacherdad

1 answer

Child tax credit: should I file as a non-filer?

I have not filed taxes the past 2 years due to no income, but my daughter and I have been claimed by the person who is supporting us. I haven't...

Asked on 07/23/2021

2 answer

sold property in the Philippines and asked money to be sent here in US

Parents sold their property in the Philippines and asked their money to be sent to their bank account here.They have their green card. Will they have to pay taxes on...

Asked on 07/23/2021

1 answer

Why are warrant liabilities considered a financial loss?

If a company says they lost $2M in Q1 because of:"non-cash mark-to-market increase in warrant liabilities"As I understand warrants, they allow the holder to purchase the shares at the strike...

Asked on 07/23/2021

2 answer

How is excise collection different from that of GST?

Both of them are indirect tax it seems. How are GST and excise collections different from each other?...

Asked on 07/23/2021

0 answer

What does "burned through $300 million" mean?

In the book "Antifragility of Islamic Finance: The Risk-Sharing Alternative" by Umar Rafi and Abbas Mirakhor, on page 101 I read the following line:Pets.com, the poster-child company of the dot...

Asked on 07/23/2021 by Code-G

3 answer

How do I short government bonds?

Perhaps it's because I've just watched The Big Short, but I'm bearish on Italian Government bonds right now. How would I go about shorting government bonds?...

Asked on 07/23/2021 by Tom Hale

1 answer

Taxation question: German Citizen enrolled in Swiss University working remotely from Berlin as RA

I would be super happy to learn how I would be taxed given my circumstances. I will be starting a Research Assistant job at my university in Geneva, Switzerland. Starting...

Asked on 07/23/2021 by Alexander Pechmann

0 answer

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