India-->Usa 40,000$ Transfer Chesthe Emanna Problema..!

[ilovemyself2]

Hello Friends,
Nenu ma anna ki NRI quota lo PG seat(Doctor) sponsor chesthunna. Money antha thane arrange cheskunnadu but na US account nunchi DD pampali march lo. So ma anna india nunchi naku $40k ki pamputhadu..Nenu H1 medha unna. na acocunts anni student accounts. Emanna problem untadha big amount India to usa pampisthe? again DD testhe withdraw chestharu so adhi kuda OK na?
Ela sponser cheyatam valla emanna TAX issues or Benefits untaya?
Evarika sponsor chesara family members ki?
Max manam india ki entha money pampochu/year.?

Pls guide me..


Thanks in advance.

[Badri123]

[iTeachSAP]

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[vikuba]

india to USA shdnt be a problem..
usa to india antey questions vasthaaye

[deals2buy]

$40K na ?

[vizagpower]

per year i believe 50k not sure !!!!

[9Pardhu]

other wise take 2 or 3 seperate DD's $20K each or around $14k

[9Pardhu]

DD take on the name of the university... then there wont be any problem......

[ds_anilb]

ltt

[Guest]

No problem...do a wired tranfer

[Vali]

Oka rule vundi anukonta, anything above $10,000 must disclosed ani (but no need to pay tax).

[Vali]

[quote name='Vali' timestamp='1357664970' post='1303071649']
Oka rule vundi anukonta, anything above $10,000 must disclosed ani (but no need to pay tax).
[/quote]

Check this [url="http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Report-of-Foreign-Bank-and-Financial-Accounts-(FBAR)"]link [/url]