tangofan’s Activity

Fri Nov 17

NL

Boards Post

tangofan replied to the Berkshire Hathaway board. 6:35 PM

Re: Valuations: a counterpoint

I know we have talked about Siegel's paper on this board before.
What's that website which allows you to search selected TMF boards, this one being one of them?
Google/TMF searches did not find the discussion. (Could be ID 10T
[more]

Fri Jun 2

NL

Boards Post

tangofan posted to the Tax Strategies board. 2:50 PM

IRS Trancript / Account Activity how far back?

How far back can I get IRS transcripts and/or account activities or any other proof that I filed taxes in a certain year by using form 4506 or 4506T or a similar mail-in form?

I'm trying to get documentation from the year 1999 onward. [more]

Thu Apr 27

Inside Value Boards Post

tangofan posted to the Inside Value boards. 12:43 PM

Sat Apr 22

Inside Value Boards Post

tangofan replied to the Inside Value boards. 7:49 PM

Wed Apr 12

Inside Value Boards Post

tangofan replied to the Inside Value boards. 1:44 AM

Thu Mar 23

NL

Boards Post

tangofan replied to the Real Estate Inv. Trusts: REITs board. 11:35 AM

Re: Looking at RoC

What would happen if you held so long that your cost basis went to $0? I guess your RoC distribution would no longer be tax deferred?

Yes, any return of capital then would become a taxable capital gain.

Bernhard

Wed Mar 22

Inside Value Boards Post

tangofan replied to the Inside Value boards. 9:58 PM

Tue Mar 14

NL

Boards Post

tangofan replied to the Tax Strategies board. 6:42 PM

Re: Return of Capital with cost basis zero

It makes sense to enter this as a capital gains distributions instead of a stock sale.

While it does seem to make sense, I just stumbled across this instruction from the IRS that requires to use form 8949 instead: [more]

NL

Boards Post

tangofan replied to the Tax Strategies board. 6:39 PM

Re: Return of Capital with cost basis zero

I don't use TurboTax, but it appears to me that you are entering this as a sale of shares. It's not. It's a capital gains distribution, and should be entered as part of a 1099-DIV.

You should put the Return of Capital
[more]

NL

Boards Post

tangofan posted to the Tax Strategies board. 6:08 PM

Return of Capital with cost basis zero

Hello,

one of my stocks (TransDigm) has made a return of capital in 2016 and now my cost basis is zero. As far as I understand, I need to enter the part of the RoC that would drive the cost basis below zero as a capital gain (presumably long [more]

Sat Mar 4

NL

Boards Post

tangofan replied to the Tax Strategies board. 1:54 AM

Re: How to file for free

It's tightened up recently, probably due, at least in part, to identity theft. At least at the site I work at, you have to have proof from a government agency that the number you are claiming is yours actually is. A drivers license with a name [more]

Fri Mar 3

NL

Boards Post

tangofan replied to the Tax Strategies board. 5:17 PM

Re: How to file for free

- VITA and TCE [...]

Note: Many people do get turned away because they don't have an actual Social Security card.


I used to be a VITA volunteer in the SF Bay Area for a few years and we didn't turn anyone away, [more]

Sun Feb 19

NL

Boards Post

tangofan replied to the iPIG Portfolio board. 2:36 PM

Re: Total Portfolio Review Part XLVII: UGI

Chuck,

but I would be comfortable buying more, either.

I'm assuming you meant "would not be comfortable buying more."

Thanks for keeping posting this series. I'm an avid follower and enjoy [more]

NL

Boards Post

tangofan replied to the Real Estate Inv. Trusts: REITs board. 2:22 PM

Re: Tax deferred Income Portfolio For Maximum Gr

As long as the security is paying a growing dividend/distribution and the share/unit price is stable(doesn't have to be escalating up dramatically), and the company prospects are improving, and I have the funds to add from paid distributions [more]

Sun Feb 12

Inside Value Boards Post

tangofan replied to the Inside Value boards. 1:11 PM

Inside Value Boards Post

tangofan posted to the Inside Value boards. 1:05 PM

Inside Value Boards Post

tangofan replied to the Inside Value boards. 12:44 PM

Wed Feb 8

Inside Value Boards Post

tangofan replied to the Inside Value boards. 9:08 PM

Sun Jan 29

Inside Value Boards Post

tangofan replied to the Inside Value boards. 2:33 PM

Thu Jan 26

NL

Boards Post

tangofan replied to the Tax Strategies board. 5:10 PM

Re: foreign tax withholdings

To follow up on Peter's excellent remarks with my own experiences:

- The amount of foreign taxes withheld depends mainly on the company's domicile. In my experience so far the only country that does not withhold foreign taxes is the [more]

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