WPatch

William (Bill) Patch

WPatch’s Activity

Thu Feb 5

NL

Boards Post

WPatch replied to the Discount Brokers board. 10:41 PM

Re: linked accounts at IB? TDA?

Yes, IBKR lets you link all your accounts together, shifting between accounts after log in with a simple click of the mouse. Other pluses: $1 trades, sub-2% margin interest rates for small and large accounts, flexible trading platform with good tools [more]

Wed Feb 4

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Boards Post

WPatch replied to the Tax Strategies board. 8:51 PM

Re: Roth 401K

"That's wrong. Roth 401Ks do have RMDs. Only Roth IRAs do not. It's a subtle but significant difference.

Ira"

Over 99.9% of participants in a Roth401K program either separate from the 401k sponsor at or before retiring or [more]

Sat Jan 17

NL

Boards Post

WPatch replied to the Discount Brokers board. 9:03 PM

Re: IBKR Data Bundle

For a stock investor I think the NYSE and NASDAQ connections are necessary to avoid stale prices. For options the AMEX is also a necessity.

NL

Boards Post

WPatch posted to the Discount Brokers board. 6:59 PM

IB Exchange Quotes

I have a brokerage account at Interactive Brokers. In return for $1 trades and 1.67 % margin rates I must purchase level 1 quotes a la carte. In December IB dropped the major exchange quote feeds from their non-pro bundle, now free for accounts over [more]

Tue Dec 23

NL

Boards Post

WPatch replied to the Tax Strategies board. 11:02 PM

Re: Tax on Roth conversion with no taxable income?

Assuming that you are a US citizen, national, or full year resident, are not a dependent of anyone else, and are not blind, it true that you will owe no tax.

Wed Dec 10

NL

Boards Post

WPatch replied to the Tax Strategies board. 12:23 AM

Re: IRS Trust Fund Penalty

Then I see no tax breaks. Sorry!

Tue Dec 9

NL

Boards Post

WPatch replied to the Tax Strategies board. 2:36 PM

Re: IRS Trust Fund Penalty

Could be. Was the organization for-profit, charity, non charitable non-profit? Did you expect to receive pay from the organization?

Sun Dec 7

NL

Boards Post

WPatch replied to the Tax Strategies board. 7:31 AM

Re: Options Loss to offset RSU/ESPP gains

No, a disqualifying distribution from an ESPP produces ordinary income, not a short term capital gain.

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Boards Stats & Trivia

Three stars, 500 posts Old School Fool
Board Posts 608
Recs Received 255
People who have rec'd these posts 131
Recs to Posts Ratio (last 30 days) N/A
Threads Started 4
Threads Started Percentage 0.66 %
Most Frequent Board Tax Strategies
Very First Post Re: Exercise of Option (6/28/1999)
Percentage of Posts Rec'd 27.47 %
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