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Tag: year

while doing my taxes HR Block online asks, Did you have any Roth IRA transactions in a year prior to 2007?

1 August, 2010 (15:15) | Other - Taxes | By: Frank

jbeck1234 asked: are they asking me if i made any contributions prior to 2007? i have for the few years ive had an IRA but on the contrary I’m wondering, when im really old (e.g.year 2019)will i have to put down every single year i made a “transactions”? just seems like they wouldn’t ask such [...]

Can you move money from one roth ira to another roth ira?

22 July, 2010 (20:38) | Novice | By: Frank

ctk asked: Moving money from brokerage accounts that include iras where we were paying a financial advisor, etc. to a credit union money market for a year or so while waiting to see what happens with the economy. Can our roth iras be moved to credit union roths without any problem? Baltimore, MD

How do I find out which broker is offering shares of an IPO?

8 June, 2010 (15:27) | strip clubs | By: Frank

Slice asked: I’ve been reading about Mead Johnson, and I’m curious: How does an investor go about finding out which broker is offering shares of an IPO? I realize that some serious money that I (as a 20 year old investor with only 13 or 14 grand) personally don’t have would be needed to actually [...]

how does roth ira grow?

26 May, 2010 (06:38) | United States | By: Frank

SAETEURN asked: Hi i have a roth ira account thats been opened for almost a year and havent contribute alot in it but i am planning to soon. my question is how does a roth ira grow? can it grow by me just contributing money in there without investing in stocks,bonds or mutual funds? or [...]

How do I report a mutual fund that was rolled over to buy more mutual funds?

15 May, 2010 (04:41) | United States | By: Frank

Leela asked: I started out with two mutual funds. When I transferred them to a new investment company those two funds were used to buy three new mutual funds. This year I sold all three funds. I’m using turbo tax and I understand how to report the three I sold but I really lost on [...]

What are the costs involved in mutual funds?

3 May, 2010 (18:56) | business | By: Frank

. asked: If i invest 2-3K in mutual funds how does the process work? What are some resources for picking the company/fund? What are some possible costs? upfront or upon retrival or per year? Is there a minimum time I must leave my money in or can I take it out within a year or [...]

How can I get a list of companies that are about to go IPO?

3 May, 2010 (18:23) | Corporations | By: Frank

sushin76 asked: I would like to work for a company that have the potential to go public in the near future. How can I get a list of companies that are about to go IPO in the next year in the USA? Can I get that from somewhere (online, database, etc.)? Perhaps there is a [...]

Can I withdraw my initial contribution of $4,000 to Roth IRA and open another Roth IRA to another brokerage?

2 May, 2010 (15:20) | State Of Ri | By: Frank

Justin T asked: I contributed $4,000 for the year 2007 on my Roth IRA account at Scottrade. Can I withdraw my initial contribution of $4,000 and open another Roth IRA to another brokerage that will count as year 2007 contribution? Ultimate Betting System

Do contributions to the Oregon state 529 Plan count as an itemized or standard deduction?

28 April, 2010 (08:46) | United States | By: Frank

Sheldon Z asked: I’m trying to figure out what the tax savings are if I set up a 529 plan through Oregon College Savings and make a $2000 contribution each year. This will help me decide if this is a better or worse option than setting up a 529 through Vanguard whose 529 plan is [...]

How do the tax laws work with playing the forex market with a US broker and being a Canadian resident?

27 April, 2010 (23:07) | Canada | By: Frank

dodger346 asked: I currently dabble in the forex market and using a US broker. How will I be taxed on my earnings, and what happeneds if I lose money that year, is it a capital loss? HOw does this work in regards to canadian tax laws with the broker being in the US?