Idhedhoo Chudani Maa Friend Friend Ki 8000 Fine Padindhantaa

[deals2buy]

[quote name='CHANAKYA' timestamp='1365435973' post='1303564340']
[size=4]



bangaaram.... neekunna tensions chaalu kaani.. appude thala kottesukokotam start cheyyaku...
first let us all get some confirmation on this.... then, andaram kalisi okesaari thala baadukundamm..
[/quote] [img]http://lh6.ggpht.com/-8kE_-K4ACx4/UNhcmBr1vtI/AAAAAAAAIMA/o9dgPMmN4P4/s150/Posani.gif[/img]

[mustang302]

ee rule ippati nunchi kadhu...aeppati nuncho undhi...!!

US dati more than $10K velthae..u suld carry ur paper work on that money...!![img]http://lh6.ggpht.com/-Bs-HfPSZbk4/UViw-nj3XxI/AAAAAAAALXI/uoGyII5TEGE/s153/SF.gif[/img]

[deals2buy]

[quote name='mustang302' timestamp='1365436289' post='1303564376']
ee rule ippati nunchi kadhu...aeppati nuncho undhi...!!

US dati more than $10K velthae..u suld carry ur paper work on that money...!![img]http://lh6.ggpht.com/-Bs-HfPSZbk4/UViw-nj3XxI/AAAAAAAALXI/uoGyII5TEGE/s153/SF.gif[/img]
[/quote]

what kind of paperwork? and when u say $10K which way income ?

[ChampakDas]

irrespective of amount? thread starter says it is 1k neek clarity vasthey naaku pm pls [img]http://lh6.ggpht.com/-Bs-HfPSZbk4/UViw-nj3XxI/AAAAAAAALXI/uoGyII5TEGE/s153/SF.gif[/img]
[quote name='Kaarthikeya' timestamp='1365436464' post='1303564395']
what kind of paperwork? and when u say $10K which way income ?
[/quote]

[Mrlavangam]

[quote name='CHANAKYA' timestamp='1365435482' post='1303564267']
Naakardamyna danni batti:

oka calender yr lo, nuvvu idia ki 10K kante ekkuva pampinchakapothe... (I think) u r safe...

but, I guess there r many people out there who exceeded tht amount...
[/quote]
naaku arthamayyindentante, oka calendar year lo overall avgerage balance in that account exceeds $10k then kattali anukuntunna...there is a lot of idff between trnsferirng more than $10k and mantaining a balance of $10k in foreign account.

[CHANAKYA]

[quote name='Badshah_Afdb' timestamp='1365436746' post='1303564436']
naaku arthamayyindentante, oka calendar year lo overall avgerage balance in that account exceeds $10k then kattali anukuntunna...there is a lot of idff between trnsferirng more than $10k and mantaining a balance of $10k in foreign account.
[/quote]
True...
exact reg'try definition pattukunnav ga...

[size=4]but, gen'ly mana NRE/NRI acc's lo parents enduku depost chestaaru maama....? they've their own accs' kadaa... [/size]

[Raambabu]

[quote name='Badshah_Afdb' timestamp='1365436746' post='1303564436']
naaku arthamayyindentante, oka calendar year lo overall avgerage balance in that account exceeds $10k then kattali anukuntunna...there is a lot of idff between trnsferirng more than $10k and[size=6] mantaining a balance of $10k in foreign account.[/size]
[/quote]
+1 ide naa doubt kuda... 10K in foreign acnt maintain chestunte aa interest report cheyali ani anukunta

[CHANAKYA]

[quote name='Kaarthikeya' timestamp='1365436464' post='1303564395']
what kind of paperwork? and when u say $10K which way income ?
[/quote]

since u like to read and knw urself... [url="http://www.irsvideos.gov/ReportingForeignFinancialAccountsOnTheFBAR/player/PowerPoint_Presentation.pdf"]http://www.irsvideos.gov/ReportingForeignFinancialAccountsOnTheFBAR/player/PowerPoint_Presentation.pdf[/url]

try n let us know.. if u find any new findings..

[Mrlavangam]

[quote name='CHANAKYA' timestamp='1365437508' post='1303564531']
True...
exact reg'try definition pattukunnav ga...

but, gen'ly mana NRE/NRI acc's lo [b]parents enduku depost chestaaru maama[/b]....? they've their own accs' kadaa...
[/quote]
parents deposit cheyatam enti mama....naku nuvvu annadi ardamkaala....ayina evaru deposit chesarannnadi anavasram...ippudu nee peru meeda india lo vunna acct lo more than $10k vunte(overall year avg balance)..then u have to fill that form anukuntunna...


[quote name='Raambabu' timestamp='1365437642' post='1303564553']
+1 ide naa doubt kuda... 10K in foreign acnt maintain chestunte aa interest report cheyali ani anukunta
[/quote]
ya ide nenu anukutunna...

[Raambabu]

[quote name='Badshah_Afdb' timestamp='1365438029' post='1303564601']
parents deposit cheyatam enti mama....naku nuvvu annadi ardamkaala....ayina evaru deposit chesarannnadi anavasram...ippudu nee peru meeda india lo vunna acct lo more than $10k vunte(overall year avg balance)..then u have to fill that form anukuntunna...



ya ide nenu anukutunna...
[/quote]
If you are an H1B, H4, L1B, L2, J1, or J2, visa holder working and living in the USA, and you filed a US 1040, you are obligated to include your Indian and any other foreign income, including interest and stock sales on your US 1040, and also report the account balances on the 90-22.1[size=6] (if the balances are $10,000 or greater, individually or in total)[/size]

[mustang302]

[quote name='Kaarthikeya' timestamp='1365436464' post='1303564395']
what kind of paperwork? and when u say $10K which way income ?
[/quote]
is the money legal n how its legal..!!

[karna11]

[quote name='Badshah_Afdb' timestamp='1365436746' post='1303564436']
naaku arthamayyindentante, oka calendar year lo overall avgerage balance in that account exceeds $10k then kattali anukuntunna...there is a lot of idff between trnsferirng more than $10k and mantaining a balance of $10k in foreign account.
[/quote]
vadu cheppina dhanni batti chusthee naku koda alanee anipinchindhiii

[Yuva Nataratna]

[b][i][u][color=#c00000][size=4]If you have accounts at an Indian institution, such as Citibank India, HSBC India, HDFC, ICICI, ..or any "other bank offering NRI" or "NRE" accounts where they promise that your income is not taxable in the US, or that your name will not be released to the IRS or any other tax authority, then you have been duped to the Nth degree. The HSBC is NOW cooperating with the IRS to release ALL those Indian-American account holders' names for which the IRS is seeking information, much like UBS did with the IRS back in 2008.[/size][/color][/u][/i][/b]


[b][i][u][color=#c00000][size=4]So if you have an account in India on your name such as NRE or NRI , then only you should fill any form. Clear.[/size][/color][/u][/i][/b]

[Mrlavangam]

[quote name='Yuva Nataratna' timestamp='1365439928' post='1303564804']
[b][i][u][color=#c00000][size=4]If you have accounts at an Indian institution, such as Citibank India, HSBC India, HDFC, ICICI, ..or any "other bank offering NRI" or "NRE" accounts where they promise that your income is not taxable in the US, or that your name will not be released to the IRS or any other tax authority, then you have been duped to the Nth degree. The HSBC is NOW cooperating with the IRS to release ALL those Indian-American account holders' names for which the IRS is seeking information, much like UBS did with the IRS back in 2008.[/size][/color][/u][/i][/b]


[b][i][u][color=#c00000][size=4]So if you have an account in India on your name such as NRE or NRI , then only you should fill any form. Clear.[/size][/color][/u][/i][/b]
[/quote]
naku citibank india lo account vundi...adi NRI/NRE account kadu...just savings account which i opened it when i was in india...ayina kuda na...

[Yuva Nataratna]

[quote name='Badshah_Afdb' timestamp='1365441652' post='1303565026']
naku citibank india lo account vundi...adi NRI/NRE account kadu...just savings account which i opened it when i was in india...ayina kuda na...
[/quote]

nee account ee type dhi baa..... NRE/NRI account aithe $10000 kante ekkuva balance lekunda maintain chesthe problem em undadhu....