Greenwood2
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Post by Greenwood2 on Oct 18, 2024 12:57:03 GMT
Just launching into doing my tax return. Looking at the TC income statement (apart from the usual difficulties) I notice I have several duplicated Irrecoverable principle, The O**n D**r B****y loans are repeated three times on this year's document with the same figures. I am assuming this is just accidental duplication (one of them is for the whole amount three times!). If anyone is thinking of just using the headline totals (not that it's really possible to do that), I would have a closer look. Does anyone else have similar duplications? Some of the principal write offs look a bit odd too, but I've lost track a bit so I'm assuming they are right. No repetitions on ours. The principal write offs looked OK too. Thanks for that. May be it's just that one set of loans that got duplicated, or just my list that was corrupted. I had a look on the 'new' web site for the first time and noticed on my account summary that the 'Number of loans invested in' has gone down to just a few, does that mean all the rest are effectively finished? It would be nice to be able to mark the rest of them on my spread sheet as completed and draw a line under it. I haven't dug any deeper.
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pikestaff
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Post by pikestaff on Oct 18, 2024 13:03:48 GMT
No repetitions on ours. The principal write offs looked OK too. Thanks for that. May be it's just that one set of loans that got duplicated, or just my list that was corrupted. I had a look on the 'new' web site for the first time and noticed on my account summary that the 'Number of loans invested in' has gone down to just a few, does that mean all the rest are effectively finished? It would be nice to be able to mark the rest of them on my spread sheet as completed and draw a line under it. I haven't dug any deeper. That is my understanding.
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markb
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Post by markb on Oct 19, 2024 10:48:12 GMT
I notice I have several duplicated Irrecoverable principle, The O**n D**r B****y loans are repeated three times on this year's document with the same figures. I am assuming this is just accidental duplication (one of them is for the whole amount three times!). If anyone is thinking of just using the headline totals (not that it's really possible to do that), I would have a closer look. Does anyone else have similar duplications? Mine has "duplications", but in my case they're not in error - it's because the tax document lists each loan part separately, rather than amalgamating different loan parts that are for the same loan. So anyone who placed multiple bids on the same auction, and/or bought multiple parts of the same loan on the SM, should expect to see multiple entries on the tax document.
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Greenwood2
Member of DD Central
Posts: 4,376
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Post by Greenwood2 on Oct 19, 2024 11:37:02 GMT
I notice I have several duplicated Irrecoverable principle, The O**n D**r B****y loans are repeated three times on this year's document with the same figures. I am assuming this is just accidental duplication (one of them is for the whole amount three times!). If anyone is thinking of just using the headline totals (not that it's really possible to do that), I would have a closer look. Does anyone else have similar duplications? Mine has "duplications", but in my case they're not in error - it's because the tax document lists each loan part separately, rather than amalgamating different loan parts that are for the same loan. So anyone who placed multiple bids on the same auction, and/or bought multiple parts of the same loan on the SM, should expect to see multiple entries on the tax document. Interesting, mine were duplicates of loans where I only had one purchase.
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