Can we pay rent to our parent?
What if my parents are in other city and I am living @ my company's location which are 700km away from each other. Can I still show that I am paying rent to my parent?
Please help as this is my first time coming under tax slab

Was there ever a time you wanted to give up being a real estate agent?

Any recommendations for high div stocks with good balance sheets. I’m thinking these could be the best picks in this market with many growth stocks seemingly overvalued

What is the *prime* amount of money to bring you happiness?

Ugh I just signed to fix my house’s mortgage interest rate at 2,73% for 2years. Instantly regret it.

What stocks are you guy guys buying right now in this market?

Now that’s what I wanted - good bowl. Come on real estate folks!

Why do firms not use vested stock options as incentive in earlier stages of career?

Hi fishes, could any one help me on how to withdraw of money and how much can be withdrawn ?

Any recos for a fee-only financial advisor that’s under $300/hr? Need to understand sole proprietor/small businesses.

Opened a Roth IRA account last year and put away a portion of $ each month to eventually reach $6000. This year thinking of plopping all $6000 there in Jan. What method do you all follow?

SO and I are debating contributing to 401k this year since the rate of return is around -11% on our portfolios this year. I believe it would be better off saving the cash in my account.

I'm thinking of contributing again when/if the market picks up next year. Thoughts?

I spent the last 3 months "growing up" & now I'm ready to go. 1st thing is for me to get my own place. I'd like to buy instead of rent because I don't want to pay someone else's mortgage.

I'm thinking of selling my car & cash out some of my 401k to buy a house. My thought is to put down 3.5% for a FHA loan then make a big payment towards the principal to reduce long-term interest.

Anything wrong with this thinking or anything else I should consider?

Where do y’all think Ethereum and Cardano will be in a year? I’m hoping former breaks $4,000 and latter breaks $200.

Need help looking for a 1 bd, I’ve tried domu/Zillow but none of the options are appealing. Should I be using a realtor?

Budget: $1,200
Areas of interest: LP, Lakeview, Wicker Park, Old Town, Streeterville, West Loop, River North

Any good ideas to keep your day job and start a business that allows for enough freedom to take taxable income from 350k to 0?

Fidelity or Vanguard for opening a Roth IRA? I’m new to investments, still learning, and I’m more of a buy & hold / hands-off type!

What’s up with people talking about withdrawing from retirement due to CARES Act and investing elsewhere?

Can I survive on £26,300/yr in Belfast?

Hi All, how much should I expect to pay for someone to do my taxes for me? (Ball park)
- fbar
- state
- Federal

Also I moved out from MA in February so not sure if I'd also still need to file in MA?

How many hours in one day puts you over the edge of not being able to be productive anymore?

Seriously need to up the study game rn

What is the present value of a government pension? How does one calculate it? Trying to get a sense of weather it's worth moving over to Federal.

Hey guys it’s my first freezing winter, if I’m going to take my dog out when it’s under 27 do you she needs to wear something on the paws? If yes than what?

Hi all,

I’m hoping for UK Tech referrals. I’ve more experience than qualifications so would appreciate a referral

Hello all! So I’m currently a Realtor in LA. Prior to being a Realtor, I was a store manager for a luxury store in Beverly Hills. I was kind of forced to get out of retail when the pandemic hit so my only option at the time was to jump in to real estate as I already had my license. I’ve been feeling unfulfilled with real estate and truly miss luxury retail. Does anyone have any referrals for luxury retail jobs in Los Angeles? I would love to hear from you! Thank you for taking reading my post!

Folks - when you calculate the total diluted share counts, does the result have to tie to the reported diluted share counts on the most recent filing (either 10K or 10Q)?

Hey all, it’s my first time managing an IMO, so I am heading up standing the office up, getting everyone on board, coming up with the day 0, 1, 100 plan, etc. Any advice from someone who does this stuff day in and out? Parthenon, DDV, etc.

Best spot to take her on Valentine’s Day? Any rooftop with a view restaurant .

Thoughts on buying into Wells Fargo now, at their 52 week low basically.. Bank too big to fail of course and their imposed caps on grown expire in a year or 2 I believe with regards to how much $$$ they can lend out or take in...

What do you all think of bioinformatics as a field? Thinking of doing a masters to specialize in it. Have 4YOE at a T2. Do you think its worth it?

Recommendations on a 4-day road trip near the east coast / Midwest?

Is there a Latinos in advertising bowl?!

The lengths I have gone to today to acquire 50 and 30 lb kettlebells...it’s harder than panning for gold!

Welcome to the bowl. Lets keep the topic of discussion around Bristlecone and have respect for everyone

My SSBI experience expires next year May, and my investigation is is in adjudication process. What happened my result don’t come back before my investigation expires?

Anyone here working in M&A tax? need a referral.

I'm a recently qualified CA (first attempt)

Please let me know how to claim (whats bills needs to be submitted) exemptions for Special Allowances.

I am working from EU since last year (internal transfer from India), also doing freelancing for an another startup since last 2 years and the payment is going to Indian account.
My employer assigned a tax consulting company in India to support me in filing tax, somehow the tax consulting firm found that bank account via AIS document (not sure how they get it in that doc), as they found some interest credited for that saving account. Will I be in trouble? will I have to pay penalty :(?

How to bring tax liability to zero for 15 lpa ctc?
Can I claim hra for less than one lakh per FY and Maximum housing loan benefits?

The rental place and property under loan are in same city.. Parents stay in rental ( I pay rent) and I have purchased new flat in same city for myself.

Hi Guys,
Need your advice. I have forgot to enter challan details while filing tax and then e-verified then it return with pay later option, though i had paid the income tax first first hand via pay now option.

Will i get outstanding demand plus need to pay penalty for late payment in this case?
Also when will i receive the outstanding payment notice if it happens?

In case anyone needs help with their Tax returns, please feel free to DM me.

Do you submit fake rental receipts and owner pan card detail for HRA? Is it normal ? I see most people does in my team. They submit parents or spouse pan card number as owner pan card number to get HRA. Is it same everywhere?

Hi All,
I recently learned that we can get our PPF limit from 1.5Lakh per year increased and so does it increase in 80C. Is that true? And if yes, how can it be done?

Does your organization make you feel like your work is only a support function to their more profitable businesses?

Anyone opted for NPS Employer contribution, is it good for tax saving? Is there any maximum limit to it? Does employer really pay it or deduct it from our CTC only?
Please help.

Hi all
Can some please help me !!
I have already paid self assessed tax but in income tax website its not updated and money also debited from bank
What should i do now

Hi,

I just want to know a fact , upto which ctc can be adjusted to minimal tax deduction under new slab?
Like 15lpa ,20lpa

My CTC will be
Basic 13LPA
FB 7 LPA
Total fix pay - 20 LPA

80c - 1.5 LPA
HRA 3 LPA

Any one please help mi on which tax method will be sutable for me old or new?

Can we show unequal rent split up between husband & wife for HRA?
Let's say we pay 20k in rent. I want to show that I pay 15k and wife can show 5k. Is this sort of break up possible without explicitly mentioning it in the rent agreement?

How much tax will be deducted on 18lpa fixed salary (1746800 in hand after epf deduction)? Even after investing 1.5 lacs in 80c.

I have gains from stocks.. as LTCG. Do I need to file ITR 1 or ITR 2?

Could anyone please tell about NPS CCD(2) ? Is it paid by employer? What needs to be done in this?

Hi,

Can I pay full hra amount as rent to my parents to get hra exemption benefits.

HRA: 5 lakh

Hi team ,

I have started working from jul2019 and I have filed my tax return for 2020 and 2021 tax years.


However I note that there was withholding of some amount in 2017-2018 and 2019 tax years ( withholding from comission received from insurance commission from lic and United india)

I have not filed 2017, 2018, 2019 return as my total income was less than threshold

Is it possible to file return for 2017 , 2018, 2019( all r in refund) now without paying any penalty?