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Really? You can't get the challenge right in 4 tries? Really? Maybe you should hire someone to do it for you then?

50 euros - that would cover maybe a few lunches.

The fact that AMT screws over middle class earners and doesn't touch upper class earners is just another example of what is completely fubar about the US tax code. The fact that politicians can't even agree to abolish the AMT or index it to inflation just shows you how ridiculous our system is.

You were probably doing that just for the joke but COP is up 3.5% today after a corporate action. So this chart doesn't seem to be a "chart of note."

Some do complain and then he tells them they should have sold their stocks higher. He's always so slick at rewriting history.

Why hasn't Mad Money been cancelled yet?

From what I understand, IB also simulates some hidden orders depending on the security and exchange. Suppose you are buying with a simulated hidden limit order. That means your order won't show up on an exchange anywhere but if there is an offer that is equal to or less than your limit order, it...

This is a followup in case anyone is interested. I have been looking at the IRC and the CFR to figure out what is going on and I think I have found answers: From 26 C.F.R. § 1.988-1 Certain definitions and special rules: From 26 C.F.R. § 1.988-2 Recognition and computation of...

You have to be out of the stock for 30 days across the year boundary for you to safely ignore the wash sale rules. Even then, your Schedule D and your 1099B won't match which could be a red flag.

Unless you have huge fingers, can't read, or have dyslexia, 4 tries is plenty.

All the more reason to support alternative currencies.

I called about 6 different places for quotes with and without insurance. For some places there was no discount for paying cash. The range of prices was between $400 and $2,500. $400 was for paying cash. The lowest insurance quote was $1,000. $2,500 was an insurance quote. It pays to shop around...

You need to reread the point of the article, namely that there is no transparency in pricing in the medical industry. If people would know in advance what they were being charged, they could shop around more carefully. This would benefit everyone in the long run and keep prices down.

I had a shoulder MRI performed and I paid cash instead of using my high deductible health insurance plan. The difference in price was $400 (cash) vs $1,000 (high deductible insurance). Now if I see the doctor for anything but a checkup, I ask about prices with and without insurance. It's a...

It would personally make me feel uncomfortable. At some point, I would open a new account just in your name and just trade from there. Then if the IRS ever tries to contest your trader status, you would have more "ammo." If you were audited now, it may or may not be a sticking point. But I'd...

It just means that the IRS has not required your broker to report cost basis for those particular securities (yet). In the future, those securities will move to the covered section. There is nothing wrong with having securities in the noncovered section.

There are circumstances where IB wouldn't know enough information to report your taxes properly. Yes, I have a few transactions where my Flex statements (and daily statements) do not agree with IB's 8949 worksheet. Not sure what to say on that except I am going to report what my Flex statements...

If it were me, I would produce an 8949 that is correct according to tax law and then add footnotes to it describing why your totals and your broker's 1099Bs differ.

I can see scenarios where you rack up 54k in wash sales that are disallowed. If IB says they are right after checking it, then either I would accept it or find a way to double-check the results, i.e., TradeLog. Personally I find non-trivial wash sale calculations so involved (especially if you...

If you have a wash sale that with a disallowed loss, then that loss can be absorbed into a subsequent gain. So if you are only trading one security you could probably work your way back from the last trading day in Dec 2011 and see what kind of wash sales happened at the end of the year and if...