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Posted

nenu India lo naa account lone vestunna which I opened when I was in india. Ms ki ki btech madyalo Mnc ki job chesa appudu account. no nri or nro is this illigal?

illegal kadu bro... kani report cheyyali if that amount is exceeding xx dollars.. interest vastunte dani meda tax vuntundi... parents peru meda pettochu kada bro...
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Posted

illegal kadu bro... kani report cheyyali if that amount is exceeding xx dollars.. interest vastunte dani meda tax vuntundi... parents peru meda pettochu kada bro...


Tax cut chese credit chestadu fd lo they have my pan card. Parents ki access vundi .naa Peru meeda vundadam manchidi future lo wife tho godavalu vundakudadu ani parents chepparu
Posted

nenu India lo naa account lone vestunna which I opened when I was in india. Ms ki ki btech madyalo Mnc ki job chesa appudu account. no nri or nro is this illigal?

 

10k kanna ekkuva unte FBAR form lo report cheyali. more than 1 account undi, avi mottam kalipi10k datina report cheyali. This is only for moveable assets like cash or cash equivalents. This is a separate form different from irs tax filing, all they want is account number, amount

 

consequences of not reporting: upto 200k fine per account, 5 years in jail or both

 

ela telustundi it's your account ani, might be as simple as getting data from your bank. oka feed pampinchi account owner name unte chalu, it can be cross checked

Posted

10k kanna ekkuva unte FBAR form lo report cheyali. more than 1 account undi, avi mottam kalipi10k datina report cheyali. This is only for moveable assets like cash or cash equivalents. This is a separate form different from irs tax filing, all they want is account number, amount

consequences of not reporting: upto 200k fine per account, 5 years in jail or both

ela telustundi it's your account ani, might be as simple as getting data from your bank. oka feed pampinchi account owner name unte chalu, it can be cross checked


Next time India vellinappudu bank vallatho matladali. Thanks for letting me know rules break cheyadam kadu just lazy anthe. I don't know anything except bank lo veyadam fd cheyadam. Naa lanti vallaki options cheppandi a account kuda cheppaga eppudo India lo open chesindi.
Posted

Already 67.79


Inkoka 2 perigithe good but Chitra peragadu antondi. I think she is negotiating with sbi :giggle:
Posted

Next time India vellinappudu bank vallatho matladali. Thanks for letting me know rules break cheyadam kadu just lazy anthe. I don't know anything except bank lo veyadam fd cheyadam. Naa lanti vallaki options cheppandi a account kuda cheppaga eppudo India lo open chesindi.

 

ee amounts, forms annee us lo ivvali man, for foreign bank assets. India banks ki may be konta mandiki teliyochu. fbar link: http://bsaefiling.fincen.treas.gov/NoRegFBARFiler.html

Posted

nenu India lo naa account lone vestunna which I opened when I was in india. Ms ki ki btech madyalo Mnc ki job chesa appudu account. no nri or nro is this illigal?


Us lo 183 days kanna ekkuva undi taxes pay chesthe u should convert ur indian resident reg account to NRO account, otherwise nuvvu rbi rule break chestunnatte and future lo india lo taxes avi problem avtay. Contact ur india bank asap and convert it to NRO account.
Posted

Us lo 183 days kanna ekkuva undi taxes pay chesthe u should convert ur indian resident reg account to NRO account, otherwise nuvvu rbi rule break chestunnatte and future lo india lo taxes avi problem avtay. Contact ur india bank asap and convert it to NRO account.

 

parents account ki pampevadini  recent ga naa account lo veyadam start chesa still i should follow. thanks bhayya i will do.

Posted

parents account ki pampevadini recent ga naa account lo veyadam start chesa still i should follow. thanks bhayya i will do.


Parents account ki kooda $13k/year to each parent as gift anta, anthakante ekkuva pampithe gift tax laga edo year end pay seyyalanta, lite le evadu cheyadu. Inka anni aduguthu thellollu motham aasthulu rayinchukuntaru rules peru tho bhayapetti take it easy.

ya nee account ki send chesko no issue but india lo resident regular account ni NRO account ki convert cheyinchu.
Posted

Parents account ki kooda $13k/year to each parent as gift anta, anthakante ekkuva pampithe gift tax laga edo year end pay seyyalanta, lite le evadu cheyadu. Inka anni aduguthu thellollu motham aasthulu rayinchukuntaru rules peru tho bhayapetti take it easy.

ya nee account ki send chesko no issue but india lo resident regular account ni NRO account ki convert cheyinchu.


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