India Ki Dabbul Pampisthe Fbar File Cheyyala?

[mammamiya]

repu last day anta maa roomate gadu iffudu cheptunnadu....any idea?

[url="http://www.irs.gov/businesses/small/article/0,,id=148849,00.html"]http://www.irs.gov/b...=148849,00.html[/url]

[@Shadow@]

[b] Who Must File an FBAR[/b]

[color=#000000][font=arial, verdana, sans-serif][size=3]United States persons are required to file an FBAR if:[/size][/font][/color][list]
[*]The United States person had a financial interest in or signature authority over at least one financial account located outside of the United States; and
[*]The aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year to be reported.
[/list]

first time seeing...

[Sastrygaru]

fbar naak telisi chala ekkuva amounts pampisthe.. limit gurthu leedhu.. file cheyyalanukunta.. neenu appatlo DKC ni adiginattu gurthu.. ayina daani deadline eppudoo ayyipoyindi gaa..

[mammamiya]

at a time kadu....1 yr lo motham 10k kantey ekku pampisthey

[mammamiya]

[quote name='Sastrygaru' timestamp='1341010773' post='1302057986']
fbar naak telisi chala ekkuva amounts pampisthe.. limit gurthu leedhu.. file cheyyalanukunta.. neenu appatlo DKC ni adiginattu gurthu.. ayina daani deadline eppudoo ayyipoyindi gaa..
[/quote]
repu last day anta mama......year lo 10k kantey ekku pampisthey file cheyyali anta

[CHANAKYA]

India lo needi NRE account ayyithe, you no need to worry... your bank will file it.. If not, I dont know...

[CHANAKYA]

[quote name='mammamiya' timestamp='1341010844' post='1302057996']
repu last day anta mama......year lo 10k kantey ekku pampisthey file cheyyali anta
[/quote]
Not necessarily mama...! it depends....
okasaari India lo me bank vallatho maatladamani me dad ki cheppu... You 'll get the best n accurate answer...!

[sujithrede]

nenu more than 10k pampinattu vunnanu.. nenu file cheyala?? ledante bokka lo vestara

[Sastrygaru]

[quote name='mammamiya' timestamp='1341010844' post='1302057996']
repu last day anta mama......year lo 10k kantey ekku pampisthey file cheyyali anta
[/quote]

calling experts.. DKC and chittinaidu also ACP and Taadu bongaram..

kaani naak oka doubt.. chala mandhi veezy ka pamputaaru kada.. 10K.. suppose oka year lo.. entha mandhi sestaaru antaav..

[mammamiya]

[quote name='CHANAKYA' timestamp='1341010893' post='1302058000']
India lo needi NRE account ayyithe, you no need to worry... your bank will file it.. If not, I dont know...
[/quote]
[quote name='CHANAKYA' timestamp='1341010951' post='1302058006']
Not necessarily mama...! it depends....
okasaari India lo me bank vallatho maatladamani me dad ki cheppu... You 'll get the best n accurate answer...!
[/quote]

hmm aithey kanukkunta

[mammamiya]

[b] Q. When is the FBAR due?[/b]

A. The FBAR is due by June 30 of the year following the year that the account holder meets the $10,000 threshold. The granting, by IRS, of an extension to file Federal income tax returns does not extend the due date for filing an FBAR. Filers cannot request an extension of the FBAR due date. See also [url="http://www.irs.gov/pub/irs-drop/n-10-23.pdf"]Notice 2010-23[/url].
If a filer does not have all the available information to file the return by June 30, they should file as complete a return as they can and amend the document when the additional or new information becomes available.
[b] Q. Where are FBAR forms available?[/b]

A. FBAR forms are available:[list]
[*]
Online via IRS.gov in [url="http://www.irs.gov/pub/irs-pdf/f90221.pdf"]PDF[/url].
[*]
Online via Department of the Treasury’s Financial Crimes Enforcement Network Web site in PDF.
[*]
By calling the IRS at 800-829-3676.
[/list]
[b] Q. Is there a help line for questions about completing the form?[/b]

A. Help in completing [url="http://www.irs.gov/pub/irs-pdf/f90221.pdf"]Form TD F 90-22.1[/url] (PDF) is available Monday - Friday, 8 a.m. to 4:30 p.m. Eastern time, at 866-270-0733 (toll-free inside the U.S.) or 313-234-6146 (not toll-free, for callers outside the U.S.).
[b] Q. Does the IRS have an email address to send questions regarding the FBAR?[/b]

A. You can send questions concerning the FBAR to [email="[email protected]"][email protected][/email]. The email system does not accept actual FBAR reports.
[b] Q. Where do I file the FBAR?[/b]

A. Send completed forms to:[indent]
U.S. Department of the Treasury
P.O. Box 32621
Detroit, MI 48232-0621[/indent]
If an express delivery service is used, send completed forms to:[indent]
IRS Enterprise Computing Center
ATTN: CTR Operations Mailroom, 4[sup]th[/sup] Floor
985 Michigan Avenue
Detroit, MI 48226[/indent]
The contact phone number for the delivery messenger service is 313-234-1062. The number cannot be used to confirm that your FBAR was received.
The FBAR is not to be filed with the filer’s Federal tax return.
[b] Q. How do I verify that my FBAR was filed?[/b]

A. Ninety days after the date of filing, the filer can request verification that the FBAR was received. An FBAR filing verification request may be made by calling 866-270-0733 and selecting option 1. Up to five documents may be verified over the phone. There is no fee for this verification.
Alternatively, an FBAR filing verification request may be made in writing and must include the filer’s name, taxpayer identification number and the filing period. There is a $5 fee for verifying five or fewer FBARs and a $1 fee for each additional FBAR. A copy of the filed FBAR can be obtained at a cost of $0.15 per page. Check or money order should be made payable to the United States Treasury.
The request and payment should be mailed to:[indent]
IRS Enterprise Computing Center/Detroit
ATTN: Verification
P.O. Box 32063
Detroit, MI 48232[/indent]

[mammamiya]

FAQ link
www.irs.gov/businesses/small/article/0,,id=148845,00.html

[Sastrygaru]

[quote name='sujithrede' timestamp='1341011044' post='1302058016']
nenu more than 10k pampinattu vunnanu.. nenu file cheyala?? ledante bokka lo vestara
[/quote]

veyyarehe.. [img]http://lh3.ggpht.com/_KVkPY2XIbRQ/TWAgXprYLuI/AAAAAAAABCo/VzL0ae41lc4/brahmilaugh.gif[/img]

[sujithrede]

[quote name='Sastrygaru' timestamp='1341011192' post='1302058032']

veyyarehe.. [img]http://lh3.ggpht.com/_KVkPY2XIbRQ/TWAgXprYLuI/AAAAAAAABCo/VzL0ae41lc4/brahmilaugh.gif[/img]
[/quote]

[url=http://www.desigifs.com/gifs/1236/brahmanandam][img]http://www.desigifs.com/sites/default/files/brahmam_promise1_1.gif[/img][/url]

[CHANAKYA]

[quote name='Sastrygaru' timestamp='1341011056' post='1302058017']

calling experts.. DKC and chittinaidu also ACP and Taadu bongaram..

kaani naak oka doubt.. chala mandhi veezy ka pamputaaru kada.. 10K.. suppose oka year lo.. entha mandhi sestaaru antaav..
[/quote]
ade chepthunnanehes...
NRE accounts are totally exempted from the income tax... but not NROs.
Also, if you are sending money to NRO account, there are some exceptions again... like it is to whom and for what purpose.. these kind of things...!
manam usually family members ki pamputham kaabatti, it is completely exempt-able anukunta... but, its good to check...!