| Author | Message | ||
     Acf Comedian Username: Acf Post Number: 1620 Registered: 01-2008 Posted From: 8.37.225.181 Rating: N/A |
if your ameritrade profile like name,ssn,status doesnt match with IRS records then irs will ask your broker to withhold 28% of your portfolio. | ||
| Bingo Junior Artist Username: Bingo Post Number: 33 Registered: 11-2012 Posted From: 50.159.177.76 Rating: N/A |
hmm.. not sure.. I opened it 2 years ago.. appati nundi backup withholding andariki common anukunna  but last week taxes file chesepudu telisindi andariki ala cut avavu ani | ||
| Newguy123 Hero Username: Newguy123 Post Number: 16538 Registered: 01-2009 Posted From: 24.44.14.209 Rating: N/A |
H1B meeda vunna same rule.. account open chesinappudu non resident ani pettava? | ||
| Rebel Hero Username: Rebel Post Number: 11495 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
h1...alien visa ante h1 anukunta.. i think what happened is..when u opened the acct..there's an option "are u US resident"..u need to select yes since u r residing in US now...u might have selected no. nee w-9,visa copy pampinchu... | ||
| Bingo Junior Artist Username: Bingo Post Number: 32 Registered: 11-2012 Posted From: 50.159.177.76 Rating: N/A |
I just called ameritrade customer care.. apparently there is some sorta foreign conversion restriction on my account. adi change cheyataniki, they asked me to send W-9, signed letter stating the date I became US tax payer and copy of US permanent residence card or alien registration visa. But I'm neither of that - I'm on H1B visa. Are you citizen or are you also on h1b? | ||
| Rebel Hero Username: Rebel Post Number: 11494 Registered: 02-2008 Posted From: 159.45.129.14 Rating: N/A |
nee acct profile emanna option select chesavemo choodu... asala profits kooda tax cut avakoodadu...nuvvu tax kattina kattakapoyina broker ki anavaaram | ||
| Newguy123 Hero Username: Newguy123 Post Number: 16530 Registered: 01-2009 Posted From: 24.44.14.209 Rating: N/A |
nenu use chesedi kuda ameritrade.. no withholding even on dividends,. | ||
| Bingo Junior Artist Username: Bingo Post Number: 31 Registered: 11-2012 Posted From: 50.159.177.76 Rating: N/A |
oh, then I must be doing something wrong.. check cheyali ameritrade vaditho | ||
| Newguy123 Hero Username: Newguy123 Post Number: 16529 Registered: 01-2009 Posted From: 24.44.14.209 Rating: N/A |
stocks lo tax withholding aa? nenekkada vinalede.. | ||
| Bingo Junior Artist Username: Bingo Post Number: 30 Registered: 11-2012 Posted From: 50.159.177.76 Rating: N/A |
When I sell stocks, ameritrade is charging taxes on total amount instead of profits only. For ex, I bought stocks for $100 and I sold them when they reached $120. Now, instead of taxing the profit - $20, they are withholding 28% taxes on the total amount - $120. So I end up with only $75 in my account. Of course I get the remaining amount during tax returns but I end up with only $75 to play with for the remainder of the year.. Is it the same for everyone or am I missing something? What should I do so that my broker only charges taxes on profit or doesn't withhold any money and leave it for me to handle with IRS? thanks |
