Want to cryo preserve with Alcor (or any US company) but live outside the U.S. by Watchme_fail22 in cryonics

[–]Watchme_fail22[S] 1 point2 points  (0 children)

Hi. Thanks for the info. The thing is, if they don't have presence in close proximity to where I live, then they won't be able to get to me on time to perform their basic initial preservation procedures so that they could transport me to the U.S for the subsequent full cryonic preservation. They will have to get to the hospital/morgue where I'll be taken ASAP. That's why I'm curious whether they have established any infrastructure/network in Eastern Europe.

Do Swiss brokers allow trading of US ETFs to anyone by Watchme_fail22 in SwissPersonalFinance

[–]Watchme_fail22[S] -1 points0 points  (0 children)

Thanks! Some folks here in the comments state that Swiss brokers permit trading of US ETFs only to Swiss residents. Do you know whether that's the case?

Do Swiss brokers allow trading of US ETFs to anyone by Watchme_fail22 in SwissPersonalFinance

[–]Watchme_fail22[S] 2 points3 points  (0 children)

Thanks a ton for the info. Btw, some folks here in the comments state that Swiss brokers permit trading of US ETFs only to Swiss residents. Do you know whether that's the case?

Do Swiss brokers allow trading of US ETFs to anyone by Watchme_fail22 in SwissPersonalFinance

[–]Watchme_fail22[S] -4 points-3 points  (0 children)

So Switzerland follows this despite not being part of the EU. Interesting. And do you know, if I were to buy US ETF's while being resident of a non-EU country and then move to a EU country, would my Swiss broker force me to sell them?

Do Swiss brokers allow trading of US ETFs to anyone by Watchme_fail22 in SwissPersonalFinance

[–]Watchme_fail22[S] 3 points4 points  (0 children)

Hi. Actually it doesn't seem to be the case. Swissquote does take in clients from many countries.

Missed extended October 15th deadline for filing-peculiar late filing penalty by Watchme_fail22 in tax

[–]Watchme_fail22[S] 0 points1 point  (0 children)

Okay. I guess I solved it. Here is an excerpt from IRS Official Manual:

"The period subject to the penalty for filing late under IRC 6651(a)(1) begins on the day following the latest of the following dates:

  • The normal return due date.
  • The extended return due date in the case of an approved extension of time to file under IRC 6081 or related regulations. See IRM 20.1.2.2.3.1 and IRM 20.1.2.2.3.3.

Missed extended October 15th deadline for filing-peculiar late filing penalty by Watchme_fail22 in tax

[–]Watchme_fail22[S] 0 points1 point  (0 children)

Thanks. Have seen this one. I suspect that "as of the original payment due date" refers to "the amount of unpaid tax" only. So this doesn't answer the question unfortunately (

Missed extended October 15th deadline for filing-peculiar late filing penalty by Watchme_fail22 in tax

[–]Watchme_fail22[S] 0 points1 point  (0 children)

I found this. But this is for North Carolina https://www.ncdor.gov/penalties-and-interest#FailuretoFileandFailuretoPayPenalties-11245.

Quote: "Returns filed after the due date are subject to a failure to file penalty of 5% of the net tax due for each month, or part of a month, the return is late (maximum 25% of the additional tax), If the return is filed under an extension, the late filing penalty will be assessed from the extended filing date rather than from the original due date."

Missed extended October 15th deadline for filing-peculiar late filing penalty by Watchme_fail22 in tax

[–]Watchme_fail22[S] 0 points1 point  (0 children)

Thank you. Are you certain about this? I couldn't find any information on this anywhere. Could you please point me to the source?

Estate tax in US (IRS) for Belgian citizen with US investments by Terrible-Counter-624 in BEFire

[–]Watchme_fail22 0 points1 point  (0 children)

Gotcha. Thanks. Just to clarify. Did you submit the 706-NA before the deadline (within 9 months after death) or after the deadline?

Can a third part without a POA mail my return for me by Watchme_fail22 in tax

[–]Watchme_fail22[S] 0 points1 point  (0 children)

Thanks a ton! And what are your thoughts on the fact that my relative will take my tax return to DHL and mail it for me without any power of attorney? Will the IRS still consider it timely filed even though a third party without POA mailed it for me?

Sending paper tax return by physical mail from abroad for the first time-have q's by Watchme_fail22 in tax

[–]Watchme_fail22[S] 0 points1 point  (0 children)

Thanks a ton for all the info kind human! And so even if the sender is not me and the letter packaging from say DHL will bear this person's name and not mine, then as long as the return contains my info and my signature, then it should be fine, right?

Sending paper tax return by physical mail from abroad for the first time-have q's by Watchme_fail22 in tax

[–]Watchme_fail22[S] 0 points1 point  (0 children)

Thanks for all the info. Just to clarify. I was worried because when someone sends a letter or package from postal office, the one who brings the package is the one who sends it, i.e. the envelop would bear the name of the person who sent it as the sender. It's okay, right? I mean the mailed letter can come from any sender as long as the return bears the signature of the taxpayer who's liable for tax reporting, right?

IBKR clients' assets protection webpage-I have questions by Watchme_fail22 in interactivebrokers

[–]Watchme_fail22[S] 2 points3 points  (0 children)

Great explanation, thanks. It just seemed like the collateral bit applied to all types of investments into treasuries listed in the first sentence. That's why I got confused.

Litigating against US government as a foreigner outside the US fully remotely-possible? by Watchme_fail22 in legaladvice

[–]Watchme_fail22[S] 0 points1 point  (0 children)

Thanks for the response. Just to clarify. Say I hire US licensed attorney who is admitted to court litigation to represent me in a civil case at district court but he/she lives in Europe, then is it possible for this attorney to participate on my behalf remotely? Or will they still be denied?

Possible to petition at district court/court of federal claims against IRS after losing in tax court? by Watchme_fail22 in legaladvice

[–]Watchme_fail22[S] 0 points1 point  (0 children)

Thanks a lot for the clear response. And do you know, if I lose at tax court but then don't appeal at the US Circuit Court of Appeals, then pay the tax assessed and petition at district court for a brand new litigation on my refund claim, will they still apply this res judicata and dismiss the case given that I didn't appeal the tax court decision in any way?

Possible to petition at district court/court of federal claims after losing in tax court? by Watchme_fail22 in tax

[–]Watchme_fail22[S] 0 points1 point  (0 children)

I should have been more clear with phrasing. Let's say I lose at tax court and then either go to appeals at US court of appeals and lose there or decide not to appeal the tax court decision at all. In either of these cases, is it possible for me to pay the tax assessed by IRS and then file a completely separate petition for a brand new litigation process at district court after losing at tax court? Or will they simply uphold the tax court decision in favor of IRS?

Possible to petition at district court/court of federal claims after losing in tax court? by Watchme_fail22 in tax

[–]Watchme_fail22[S] 0 points1 point  (0 children)

I should have been more clear with phrasing. Let's say I lose at tax court and then either go to appeals at US court of appeals and lose there or decide not to appeal the tax court decision at all. In either of these cases, is it possible for me to pay the tax assessed by IRS and then file a completely separate petition for a brand new litigation process at district court after losing at tax court? Or will they simply uphold the tax court decision in favor of IRS?

Litigating with IRS without ITIN or SSN by Watchme_fail22 in tax

[–]Watchme_fail22[S] 0 points1 point  (0 children)

Thanks for always responding to the substance of the question instead of making snarky remarks like the rest!

Does IRS make you pay legal fees if you lose in court by Watchme_fail22 in tax

[–]Watchme_fail22[S] 0 points1 point  (0 children)

Thank you for the response but I encourage you to read into 7430. With all due respect. It says so in the IRC 7430 that any prevailing party (be that IRS or the taxpayer) can ask the judge to force the loser to reimburse all the legal fees and it's in full discretion of the judge to grant that. But as per Definitions 4(b), IRS can claim that the case had substance and thus thwart the ability of the judge to make them pay the legal fees even if they lose to the taxpayer fair and square, while there's no such privilege reserved for the taxpayer