Telugu_ammayi Posted March 21, 2017 Report Share Posted March 21, 2017 What is FBAR and who needs to file it .did any one filed it , Quote Link to comment Share on other sites More sharing options...
megadheera Posted March 21, 2017 Report Share Posted March 21, 2017 Just now, Telugu_ammayi said: What is FBAR and who needs to file it .did any one filed it , you need to file if you earn money out side US. Example interest you get in NRE/NRO account or savings account Quote Link to comment Share on other sites More sharing options...
icecreamZ Posted March 21, 2017 Report Share Posted March 21, 2017 8 minutes ago, Telugu_ammayi said: What is FBAR and who needs to file it .did any one filed it , HI ammayi Quote Link to comment Share on other sites More sharing options...
Telugu_ammayi Posted March 21, 2017 Author Report Share Posted March 21, 2017 3 minutes ago, megadheera said: you need to file if you earn money out side US. Example interest you get in NRE/NRO account or savings account Manam Indialo parents account ki over $10k transfer chesina fbar file cheyala... Quote Link to comment Share on other sites More sharing options...
megadheera Posted March 21, 2017 Report Share Posted March 21, 2017 3 minutes ago, Telugu_ammayi said: Manam Indialo parents account ki over $10k transfer chesina fbar file cheyala... no need Quote Link to comment Share on other sites More sharing options...
Sastrygaru Posted March 21, 2017 Report Share Posted March 21, 2017 If you happen to have more than 10K$ or equivalent value of money with foreign banks at any point of time. you would need to do FBAR filing antaaru.. so if you are sending money to your parents account.. it wont matter Quote Link to comment Share on other sites More sharing options...
HappyReddy Posted March 21, 2017 Report Share Posted March 21, 2017 1 hour ago, Telugu_ammayi said: Manam Indialo parents account ki over $10k transfer chesina fbar file cheyala... lol remit service websites nunche email vachinda ente ? Quote Link to comment Share on other sites More sharing options...
Merabharathmahan Posted March 21, 2017 Report Share Posted March 21, 2017 Idi us citizens kosam pettaru then permanent residents kosam. Us citizens ki vere countries lo business lu undi vallu money akkade vere country banks lo pedutaru so aa money meeda usa lo tax collect cheyadaniki fbar lo report cheyamani pettaru and also stop anti social elements funding in other countries. fbar lo report chesthe inka aa dabbu ni tax filing lo kooda choopetti daniki 30% tax kattali. Also NRE accounts ki dabbulu send cheskoni more than $10k unna report cheyali indulo and fd interest meeda 30% tax kattali usa lo USC or GC kakunte nenithe lite theesukunta. Quote Link to comment Share on other sites More sharing options...
ronitreddy Posted March 21, 2017 Report Share Posted March 21, 2017 I just got the below email from Remitly Hello, Did you send $10,000 or more to a foreign bank account or financial institution in 2016? If so, you may be required by the U.S. Internal Revenue Service (IRS) to file a Foreign Bank and Financial Accounts (FBAR) form. Please note, there is a new deadline to submit your FBAR this year, it is due April 15, 2017. Not sure if you have sent over $10,000 to India? Remitly makes it easy to your transactions to India last year through the Transfer History feature. For more information about filing your FBAR and to review your transfer history click the button below to visit our site now. Thank you, - Your Remitly team Quote Link to comment Share on other sites More sharing options...
Myth1 Posted March 21, 2017 Report Share Posted March 21, 2017 2 minutes ago, ronitreddy said: I just got the below email from Remitly Hello, Did you send $10,000 or more to a foreign bank account or financial institution in 2016? If so, you may be required by the U.S. Internal Revenue Service (IRS) to file a Foreign Bank and Financial Accounts (FBAR) form. Please note, there is a new deadline to submit your FBAR this year, it is due April 15, 2017. Not sure if you have sent over $10,000 to India? Remitly makes it easy to your transactions to India last year through the Transfer History feature. For more information about filing your FBAR and to review your transfer history click the button below to visit our site now. Thank you, - Your Remitly team Enthaina meeru rich Quote Link to comment Share on other sites More sharing options...
Myth1 Posted March 21, 2017 Report Share Posted March 21, 2017 3 minutes ago, ronitreddy said: I just got the below email from Remitly Hello, Did you send $10,000 or more to a foreign bank account or financial institution in 2016? If so, you may be required by the U.S. Internal Revenue Service (IRS) to file a Foreign Bank and Financial Accounts (FBAR) form. Please note, there is a new deadline to submit your FBAR this year, it is due April 15, 2017. Not sure if you have sent over $10,000 to India? Remitly makes it easy to your transactions to India last year through the Transfer History feature. For more information about filing your FBAR and to review your transfer history click the button below to visit our site now. Thank you, - Your Remitly team Enthaina meeru rich Quote Link to comment Share on other sites More sharing options...
ronitreddy Posted March 21, 2017 Report Share Posted March 21, 2017 Just now, Myth1 said: Enthaina meeru rich Ala ardam ainda Quote Link to comment Share on other sites More sharing options...
Myth1 Posted March 21, 2017 Report Share Posted March 21, 2017 Just now, ronitreddy said: Ala ardam ainda Anthe ga mari Quote Link to comment Share on other sites More sharing options...
kranthi111983 Posted March 21, 2017 Report Share Posted March 21, 2017 2 hours ago, Telugu_ammayi said: What is FBAR and who needs to file it .did any one filed it , India accounts nee peru meedha unte file cheyyali. Parents peru meedha unte not needed. Quote Link to comment Share on other sites More sharing options...
Prince_Fan Posted March 21, 2017 Report Share Posted March 21, 2017 yes, I just filed FBAR Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.