Year End aipodaniki vastundi. -- Plan your finances accordingly

[mettastar]

Just now, DaleSteyn1 said:

thanks uncle for the quick response one more question second car konnanu so taxes file chesetappudu emanna gunjacha returns lo

 endhi vaa gunjedhi.. only if it is Hybrid then federal govt give tax credit.. 

Actually turbo tax lo aduguthadi kotha car konnava ani.. if its normal car .. em return ravu anukunta

[johnubhai_01]

ee db ki @Spartan godpk lanti vaadu ani malli proved 

[Spartan]

1 minute ago, DaleSteyn1 said:

thanks uncle for the quick response one more question second car konnanu so taxes file chesetappudu emanna gunjacha returns lo

no.

[mettastar]

1 minute ago, johnubhai_01 said:

ee db ki @Spartan godpk lanti vaadu ani malli proved 

 @Picha lite @johnubhai_01 

[Spartan]

9 minutes ago, DaleSteyn1 said:

spartan uncle taxes meedha questions:

1.Yr middle lo married so tax returns file chesetappudu edhanna kotha forms fill cheyala 

2.wife on student visa paid around 19K$ as fee deenimeedha emanna tax returns claim cheyacha.

3.f1 meedha unna wife ni dependant ga choopinchacha to getter better tax returns.

 

ne scenario veru i think. few qns..

ur wife is on F1 ? , SSN unda.?

[DaleSteyn1]

1 hour ago, mettastar said:

 endhi vaa gunjedhi.. only if it is Hybrid then federal govt give tax credit.. 

Actually turbo tax lo aduguthadi kotha car konnava ani.. if its normal car .. em return ravu anukunta

manam katte interest meedha tax return claim cheyachu antaru ga car loan lo andhuku aduguthuna .inko question hyd lo oka flat konnanu hdfc lo loan teesukuni last yr so e yr kooda india lo loan ki interest kadthuna kadha so tax returns lo malla claim cheyacha 

[DaleSteyn1]

1 hour ago, Spartan said:

ne scenario veru i think. few qns..

ur wife is on F1 ? , SSN unda.?

yes on f1 no ssn but dec ending lo osthadhi ssn

[Spartan]

2 minutes ago, johnubhai_01 said:

ee db ki @Spartan godpk lanti vaadu ani malli proved 

enduku chance dorkinapudalla... PK saku to nannu dobbatanika... 

[Spartan]

2 minutes ago, DaleSteyn1 said:

manam katte interest meedha tax return claim cheyachu antaru ga car loan lo andhuku aduguthuna .inko question hyd lo oka flat konnanu hdfc lo loan teesukuni last yr so e yr kooda india lo loan ki interest kadthuna kadha so tax returns lo malla claim cheyacha 

a EMI lo principal and interest seperate chesi..if interest is above some limit in US $ then u can claim..

 

@k2s uncle what is the limit for that..u did no.

[Spartan]

2 minutes ago, DaleSteyn1 said:

yes on f1 no ssn but dec ending lo osthadhi ssn

ok, SSN vaste joint filing chesi claim chesko

retuns bagane vastai a 19K ki.

[johnubhai_01]

Just now, Spartan said:

enduku chance dorkinapudalla... PK saku to nannu dobbatanika... 

alaantidem ledu bro.. edoo na vanthu ga kruthagnatha chepukuntunna 

god pk tho polchaaka inka no other comments

[mettastar]

Just now, DaleSteyn1 said:

manam katte interest meedha tax return claim cheyachu antaru ga car loan lo andhuku aduguthuna .inko question hyd lo oka flat konnanu hdfc lo loan teesukuni last yr so e yr kooda india lo loan ki interest kadthuna kadha so tax returns lo malla claim cheyacha 

intha complicated situations naku teledu vuncle.. car loan interest meda we can't claim. naku telisi out of country mortgages meda kuda we can't claim.. 

but wait for others who are in this kind of situation

[Spartan]

1 minute ago, johnubhai_01 said:

alaantidem ledu bro.. edoo na vanthu ga kruthagnatha chepukuntunna 

god pk tho polchaaka inka no other comments

edo doubt kodtundi.. @DiscoKing pls throw some light.

[Spartan]

1 minute ago, mettastar said:

intha complicated situations naku teledu vuncle.. car loan interest meda we can't claim. naku telisi out of country mortgages meda kuda we can't claim.. 

but wait for others who are in this kind of situation

u can claim outside country also.

[mettastar]

7 minutes ago, DaleSteyn1 said:

manam katte interest meedha tax return claim cheyachu antaru ga car loan lo andhuku aduguthuna .inko question hyd lo oka flat konnanu hdfc lo loan teesukuni last yr so e yr kooda india lo loan ki interest kadthuna kadha so tax returns lo malla claim cheyacha 

https://ttlc.intuit.com/questions/2448065-is-mortgage-interest-on-a-foreign-home-loan-deductible

foreign country mortgage kuda deduct cheyachanta .. follow the link vuncle