chandrabhai6 Posted June 29, 2012 Report Posted June 29, 2012 [quote name='Osama Bin Gandhi' timestamp='1341013647' post='1302058385'] Mo*****di ikkada tax katti pampinde kada...malla daniki tax kattamanudu endo.. [/quote] Adeyga lavadalodi Idemi lolli fooku ink enduku US lo eee edvala ki tax katta neeki job seyyalemo Ayina Malli tax kattamantaraaaaa,,,!??
CHANAKYA Posted June 29, 2012 Report Posted June 29, 2012 [quote name='chandrabhai6' timestamp='1341012737' post='1302058218'] Renti madya diff Endi Local India Account mama. parents name paina undi Acct [/quote] untundi mama.. NRE ayyithe, u no need to worry anything at all.. that I can confirm. ;coz myne is same... ! NRO ayyithe, it depends on some factors... mamamiya ki ade cheppa.. .okasaari ne India bank tho check chesukunte better....
CHANAKYA Posted June 29, 2012 Report Posted June 29, 2012 [quote name='chandrabhai6' timestamp='1341013725' post='1302058401'] Ayina Malli tax kattamantaraaaaa,,,!?? [/quote] Yes---- ikkada nundi nuvvu business-transactions edanna cheste.... kattali... but it is very minor.
@Shadow@ Posted June 29, 2012 Report Posted June 29, 2012 OPT, STEM-OPT, H1B, TAX cuttings lavd##gola tho chasthunte malli inko kotha thalanoppi started........
chandrabhai6 Posted June 29, 2012 Report Posted June 29, 2012 [quote name='CHANAKYA' timestamp='1341013986' post='1302058442'] untundi mama.. NRE ayyithe, u no need to worry anything at all.. that I can confirm. ;coz myne is same... ! NRO ayyithe, it depends on some factors... mamamiya ki ade cheppa.. .okasaari ne India bank tho check chesukunte better.... [/quote] NRE NRO Google sesa. Eededo septunnadu Naku ardam kale anyway I'll check with some friends
Hyderabadi86 Posted June 30, 2012 Report Posted June 30, 2012 [quote name='chandrabhai6' timestamp='1341014232' post='1302058477'] NRE NRO Google sesa. Eededo septunnadu Naku ardam kale anyway I'll check with some friends [/quote] [url="http://window2india.com/cms/admin/article.jsp?aid=2322"]http://window2india.com/cms/admin/article.jsp?aid=2322[/url]
chicha77 Posted June 30, 2012 Report Posted June 30, 2012 finally entante...ippudu manam NRE a.c open chesi andulo money save chesukunte > 10000$ ...appudu FBR file cheyali........anthena.......
ramuremo Posted June 30, 2012 Report Posted June 30, 2012 http://www.irs.gov/businesses/small/article/0,,id=148849,00.html Bhaiyya's ee link lo ethikithe kinda paste chesindi kanipinchindi asalu idi H1 vallaki varthisthunda? kinda vadi definition prakaram manam united states person kadanukunta kada? ad manam tax file chesetappudu we file as non-resident aliens lagane file chestham kada !!!endo ee bada maa frnd gadu paapm 15000$ varaku pampadu dollar rate 50 unnapudu last year so em avuthundi emo pls reply if u fnd any details!!!! Who Must File an FBAR United States persons are required to file an FBAR if: 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 $10,000 at any time during the calendar year to be reported. [size=6][b]United States person means United States citizens; United States residents; entities, including but not limited to, corporations, partnerships, or limited liability companies created or organized in the United States or under the laws of the United States; and trusts or estates formed under the laws of the United States.[/b][/size]
dollar vora Posted June 30, 2012 Report Posted June 30, 2012 endehe e lolli nenu oka 20k pampinchi unta aithe enti iffudu file kuda seyyaledu aithe enti so wat i say
dollar vora Posted June 30, 2012 Report Posted June 30, 2012 [quote name='ramuremo' timestamp='1341021244' post='1302059085'] [url="http://www.irs.gov/businesses/small/article/0,,id=148849,00.html"]http://www.irs.gov/b...=148849,00.html[/url] Bhaiyya's ee link lo ethikithe kinda paste chesindi kanipinchindi asalu idi H1 vallaki varthisthunda? kinda vadi definition prakaram manam united states person kadanukunta kada? ad manam tax file chesetappudu we file as non-resident aliens lagane file chestham kada !!!endo ee bada maa frnd gadu paapm 15000$ varaku pampadu dollar rate 50 unnapudu last year so em avuthundi emo pls reply if u fnd any details!!!! Who Must File an FBAR United States persons are required to file an FBAR if: 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. [size=6][b]United States person means United States citizens; United States residents; entities, including but not limited to, corporations, partnerships, or limited liability companies created or organized in the United States or under the laws of the United States; and trusts or estates formed under the laws of the United States.[/b][/size] [/quote] manaki kadehe idi us citizens ki ookane kotta kotta lollilu petakandi saffudaika friday njoi seyandi
@Shadow@ Posted June 30, 2012 Report Posted June 30, 2012 [quote name='juvenile' timestamp='1341012443' post='1302058175'] [b]FBAR FILING REQUIREMENT[/b] Dear Clients, We hope you are having a good summer time. We take this opportunity to bring to your attention [b]the obligation/responsibility to file FBAR (foreign bank account report) with the office of Internal Revenue Service[/b]. This obligation of reporting is mandatory and equally applicable to everyone.[b] [color=#ff0000]It does not matter if you were on H1B, H4, L1, L2, EAD, Green card or US citizen; the law applies equally to all[/color].[/b] You are required to file this report only if you have Rupees 4,90,000 (equivalent to USD 10,000) balance in any bank account in home country (India or elsewhere in the world) at any given point in time in the Calendar year 2011, it does not matter if you do not have this much balance as on 12/31/2011, you are still require to file FBAR. You are also required to file this report if you have any stocks or mutual funds or bond or certificate of deposits (fixed deposits) with any bank or financial institutions in the home country which equals Rupees 490,000. If you own a company in India and the company has Rupees 490,000 (equivalent to USD10,000) any given point in time, the company is also obligated/liable to file this FBAR report as well. We would like to clarify that you will not get taxed on the money/funds or stocks in foreign country but the disclosure requirements must be met by filing FBAR. Moreover, there is no negative impact on you for filing this report. Hence, as good residents and citizens, all have to abide the law and provide appropriate disclosures. If you fail to file this report, you are liable for a fine up to $500,000 or jail terms up to 5 years. If IRS finds out later that you had to make disclosure but fails to do so, the money and other savings in your foreign bank accounts will be declared earned through illegal source and you have to pay penalty up to 60% of that amount. The deadline to file this report is June 30, 2012. [/quote] [quote name='manmadhan' timestamp='1341021506' post='1302059105'] manaki kadehe idi us citizens ki ookane kotta kotta lollilu petakandi saffudaika friday njoi seyandi [/quote]
dollar vora Posted June 30, 2012 Report Posted June 30, 2012 [quote name='@Shadow@' timestamp='1341021861' post='1302059124'] [/quote] aina parledu nenu famfinchindi savings kadu le affulu tirchadanki
@Shadow@ Posted June 30, 2012 Report Posted June 30, 2012 [quote name='manmadhan' timestamp='1341024278' post='1302059371'] aina parledu nenu famfinchindi savings kadu le affulu tirchadanki [/quote] ante loan a/c ki directga pampisthunnaaava...........
dollar vora Posted June 30, 2012 Report Posted June 30, 2012 [quote name='@Shadow@' timestamp='1341024413' post='1302059377'] ante loan a/c ki directga pampisthunnaaava........... [/quote] kadu bhaya dad act then to loan payment
riddle Posted June 30, 2012 Report Posted June 30, 2012 [quote name='CHANAKYA' timestamp='1341011366' post='1302058044'] 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...! [/quote] exempt from income tax in India not in US. If you have income from your NRE account you need to declare that amount in US tax returns.. nee accounts including banks and any other financial ones 10k kanna ekkuva any time exceed avuthe aa account nee US tax deductions time lo FBAR file cheyali..
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