Investment Tips

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By Adam Smith 3998 days ago

 If you trade stock or ETFs in foreign currencies in your investment accounts, you should select settlement in local currency and make sure you cover any foreign money you owe in your accounts to avoid interest.   Call your agent to buy or do it yourself within your account if that service is available.

 Check your final copy of return carefully against the draft or work copy.   If you miss any income item,  the computer will calculate your total  income tax based on what you reported and you will get a review eventually and a bill for the tax plus interest you owe.

 Don't ignore letters about your investment accounts and check them online periodically.   For example, they may inform you there are right distribution which you have to excercise or sell before certain day