Hello fishes

I was trying to e-pay my taxes through the income tax portal, but by mistake I selected the minor head as Other receipts (500) instead of Self Assessment (300)

I tried challan correction but it's saying CIN doesn't exist, I tried using AY but it is showing "No unconsumed challan exists for AY"

How and when can I correct my challan?

I’m trying to buy my first house and my wife and I have a few IRAs from previous employers (Roth and non Roth). I read I won’t be penalized if I take out upto 10k from my IRAs for a first time house (except for taxes on the non-Roth accounts). Anyone know how true this is, how the process works, or have any advice? Is it a good idea

Opinion on the Milton (Cambridge high) vs Suwannee (Peachtree ridge high) to buy a house? Have a 3 yr old.

Hey ENGINEERS, anyone needs any assistance in Income Tax return filing, please DM me.

I am down $25K on $150K portfolio. Should I cut losses and leave or continue :(

Want to make investments but the market has been going up. Any advice on whether I should wait for a dip or just go in. Newbie here so looking for perspectives

If you’re married, what gross income would you consider being “rich”?

Genuinely curious: How do you justify working in PR knowing that you won’t make $100k+ for 15-20 years? I’m 3 years into my career and I have regrets about choosing this field when I look at my financial timeline.

If I currently have significant unrealized losses in my Traditional IRA (mostly funded with pretax $), would I be able to use these unrealized losses to offset the tax bill that will be generated after moving my investments from my Traditional IRA to a Roth IRA (i.e., backdoor Roth IRA)? TIA

I decalred FBP, and the amount got deducted from my salary.
Now I can see I am eligible for some amount under FabP. What is it and when will I get it?
What exactly is the funda of it?
Let say I am eligible for x amount in FBP LTA. And some y of x got deducted in a specific month, now that y portion is showing in FBP tab to upload the bill.

What if in case I have LTA bill which is exceeding x amount itself, do I need to raise reimbursement request every month th with same bill?

Is ARKK still a good ETF to invest in?

When you travel in what states do you find consumer-friendly tobacco taxes?

What's your biggest net new account this tumultuous year?

I’m leaving my job soon but I’m wondering if I should be truthful when I hand in my letter of resignation. There’s a ton of reasons but it boils down to: I’m worth more than they can pay me and I need to pay off these student loans. What should I say?

I started investing in January 2021 with a current portfolio of 40:60 across Mutual Funds ad stocks. The MF portfolio is giving my a current return of around 10% cumulative whereas the stocks are giving around 6% cumulative.

Not sure how to get the game right.
Views please friends.

What credit card to you recommend pairing well with chase sapphire preferred for maximizing redemption? Pretty new to points and def don’t know a lot! I’m considering one of the Marriott cards bc we love Marriott or an Amex one! Any ideas appreciated 🤗 TIA!!

I’m new to freelancing. Does anyone have any tips/resources to figure out how to do taxes?

Has anyone at a mega fund like KKR or Apollo experienced coinvesting and actually being able to put money into a deal?

Is Argyle, TX good place to buy home and raise family?

Bi-annual plug to say I’m a realtor in Charlotte, NC if anyone needs help buying a home or investment property. DM me!

Taking a personal loan of 20k or more will it affect perm (GC) process?

I’ve just started to put my pronouns in my email signature and it sparked a great discussion with members of our team regarding the importance of making it a regular thing for everyone. :)

Joined at 502 in JPMC in mid July (in Operational Risk). 6 YOE (4 in audit, 2 in BPO). Haven't really started working in the true sense yet. Objective setting discussion just began for this year. Wondering what to expect from performance appraisal considering these facts in terms of hike and bonus. LOB - Corporate.

Planning to take the CIPP and CIPM. Will be doing self-study. What is the “book” everyone refers to for studying? Is it just the “study guide” the IAPP sells? Does anyone know if the study guides and sample questions you can buy on amazon are sufficient to use for passing? Appreciate any and all advice.

What do you think is the better option? Both offers are around the same salary (~100k EUR in Denmark).

Solutions Specialist (security) at Microsoft or Manager in digital solutions (security) at MasterCard? Also in respective of the long term career? I have 2.5 YOE

Helloooooo PwC BS

How much salary is offered for PLM domain in pune balewadi by siemens with 5 years experience in c++?

Has anyone moved from HR consulting to Core HR Roles?, I wanted to take some career guidance from him/her

I am contemplating a new offer for Validation Lead role (non- managerial) at a Big pharma, with 4 years experience -post masters degree. Suggestions on what the compensation should look like ?

Would you ever join faAng even if it wasn't the role you wanted, just to get a foot in the door for a lateral switch soon after?

Recently received an offer from Ogletree to do only class action work. It'll be a big change for me, I'll be starting as a fourth year. Double my current salary, etc.

What will this be like? It's more of a niche, but lucrative, part of their practice, right? Will I really get good WLB like they claim? I have a nice 40 hour a week job right now, no billables.

Hey everyone welcome to the bowl! I know someone started a thread asking where people worked. Looks like we have some F10 companies so far. If you’re not in the F50. What are you looking to get out of the bowl?

5th year looking for gauge likely meta comp. Recruiter told me 175k-200k base + bonus and equity. Just wondering what would push me towards the higher base

What’s the biggest point of pain for you Indy’s, that tech or other services hasn’t fixed yet?

Partner 🐠 - what are some traits of top candidates for final round partner interviews?

Plot twist: Ivanka is Putin's daughter

What international city would you want to live and work in and why?

Hi fishes,

My CTC is around 12 lpa per annum. How can i avail max tax benefits?

How much rent amount should I pay to get maximum tax deduction?

Can we show rent paying to parents if we are living with them.. Do company mandates that parents should be living in different city to qualify for such HRA exemption.

Hi Fishers,

DM me if anybody want to file ITR for last year, I will help you get good refund amount for whatever tax paid or deducted from salary during the financial year.

I have a question regarding taxation of joining bonus.

I recieved a joining bonus of 1 lakh from my previous employer in last fiscal year which was taxed.
I resigned from the organisation before completing 1 year... Which will be deducted from my last month salary.
How does taxation works in this case.

My Last working date at Wipro is 12th of june 2022, So How tax will be calculated for the financial year 2022-2023. My CTC is 8.4L
I will be working only 3 months for this financial year and in April month payslip i can see 6K deducted for tax and in the IT projection it shows around 30k tax deduction gonna happen. I will be joining another Firm in same june month
Please share how tax is calculated in my case and how to save taxes.

If my company is deducting tax on reimbursements for example relocation, flight travel, mobile usage, etc. Then how to show in tax filing? bcoz as per my understanding it should not be taxable as I am using my money and company is refunding and no extra income. It's like I have already paid once and while refunding company again deducting. Please guide on this issue.

What are all the ways to save income tax?
CTC 9.8L

Hello fishes, can we buy land/plot to save long term capital gain tax?

Hi,

Can we use 10(10AA) leave encashment as tax exemption if we separated from the Job?

Note: corresponding tax paid challan info available in form 16

Thanks

How to save tax for the money from freelance work? As i already have a full time job.

Anyone from tax can help me on some tax related queries.

Q1-Can I claim LTA and LTA cash voucher both for the current Block?
Q2- In LTA cash voucher scheme i have a total expenditure of only 50K approx so how much can i get as saving for Tax?
Q3 How the above 2 can be claimed during ITR filing?

I have more Questions but if we get replies on these we can discuss further.
This can help everyone

Base: 5 lakh
HRA: 2 lakh
Max how much I can exempt with HRA while filing ITR?
I live in my own house. I can pay to my parents in the name of rent.
What are the documents I need to produce?

Can I make rental agreement as paying rent to my dad for tax savings .. I would like to mention 46k per month as rent .. Please help .

By investing 50k/annum in NPS I can save 15k tax per year.. Suggest me I should opt for NPS or not?

My CTC is 21L and i have tax deduction for home loan at 1.5L and icici policy premium at 1.5L
How can i reduce my income tax in what all other investements ? Please guide me

Can I pay income tax challan using credit card?