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I need an online stock buying company? |
I currently use sharebuilder, but need an investment account that will allow me to buy any day the stock market is open. Need to keep expenses low, do not want any inactivity fees, as I am a buy and hold investor. the initial investment will be 10k, and I need to be able to reinvest dividends. also u can check out ameritrade.com and do a comparison study of different online brokerages to decide which one suits your trading style. Try Scottrade, $2500 to open an account and all trades are $7.00. etrade is not bad |
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Retirement account. the two types are :Traditional IRA (tax deferred meaning your withdrawls from account are taxed). ROTH IRA where your deposits are taxed. taxes depend on tax bracket y... She basically can't. Those are subject to 30% source taxation. The tax is withheld by the paying agent and paid over to the IRS. No tax return is needed and no refund is possible. ...Your parents can set up a CUSTODIAL ACCOUNT so that you can start trading under your name. Your parents are the ones supposed to buy and sell stocks, but since the orders will be placed online, no ... Children under the age of 14 are taxed as single persons on their earned income and on their unearned income (investment income) of $1,400 or less (IRC 搂 1(g)). No tax is imposed on the first $700 ... You would have to take the personal exemption on your return and tax his income above the $1,700 at your rate. Even if you don't claim him as an exemption he may not claim himself because you ... ING direct sucks. They were good a long time ago, but no where near the top any more. go to www.bankrate.com and pick one. ...You need to file an amended return on Form 1040X. Turbo tax can handle that for you. Do NOT "refile" the return! ...If he's doing it to try to qualify for medicare, he will need to do it at least 90 days before he applies, or else it will still be counted as part of his net worth. There usually isn'... |
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