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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (73024)	7/4/2023 11:02:48 AM
From: Rarebird	Respond to of 78817

You are under no obligation to file estimated taxes for UBI income regardless of what Schwab suggests. As the trustee for your retirement accounts, they are the ones who are legally obligated to file that form. That is what TD Ameritrade told me and they put that in writing in the packet they sent me, along with a copy of the completed form to the IRS. They also told me to keep $117 free in the account till Mid-July as they will send the $117 to the IRS. The form was filled out by some high flutten accounting firm, price Waterhouse cooper. Maybe I got the name a little mixed up, but I can look it up. I never had any interest in Fang, Megacap tech or AI hype. The only tech stocks I am long are ASYS, PERI, STM, YALA, WIRE. For income, I am long TLTW, LQDW, HYGW and EMB, all monthly payers. Due to the buy/write covered calll strategy for the first three listed above, I am receiving annual dividends of mid-upper teens and that does not include capital appreciation, yes, capital appreciation too.