IRS started accepting tax returns from today.... plan and file them

[MuPaGuNa]

20 minutes ago, jefferson1 said:

fbar compulsary file cheyala?

i think nuvvu more than 10k transfer chesthe must ..

[AlaElaAlaEla]

3 minutes ago, jefferson1 said:

if you sell/buy a property a large amount will come and go into account in india

denni kuda report cheyala

asalu evadu cheyadu baa

IRS vadike clear ledu anukunta who and when one should file FBAR ani

do we need to report NRE account funds?

[k2s]

40 minutes ago, Spartan said:

Shutdown valla processing late avutadi..so returns expect chestunna vallu tondarga file cheskondi..

return katte vallu Apr 15th varaku agochu...:D

also dont forget to file the FBAR....dani deadline kuda Apr 15th..ye.

All the Indian Banking info is now accesible for US IRS dept on request....after the FATCA..sign chesi 3 yrs avutundi..

but last 3 years scrutinize cheyaledu...but since everything is centralised in India...scrutiny pergochu...

 

@k2s  @psycopk  @mettastar  @perugu_vada @Picha lite and rest of people.

Enduku man e tax season antey ee loss loss

[AlaElaAlaEla]

The FBAR filing requirement isn’t new, but we often overlook it. Recent international enforcement efforts have raised awareness of the requirement.

Your FBAR is only an informational document. No additional tax will be added

[Spartan]

2 hours ago, jefferson1 said:

fbar compulsary file cheyala?

tarvata dorkite ...interest to saha..10K fine..

[Spartan]

1 hour ago, AlaElaAlaEla said:

The FBAR filing requirement isn’t new, but we often overlook it. Recent international enforcement efforts have raised awareness of the requirement.

Your FBAR is only an informational document. No additional tax will be added

right.

[Spartan]

1 hour ago, k2s said:

Enduku man e tax season antey ee loss loss

year ki oka sare kada.

[Anta Assamey]

Just now, Spartan said:

tarvata dorkite ...interest to saha..10K fine..

Indian account lo sangathi kada ee Fbar adhi kuda mana peru meda vunte.... ante na...  

[Spartan]

1 hour ago, MuPaGuNa said:

i think nuvvu more than 10k transfer chesthe must ..

ne peru meeda unna account lo any single day...10K or more amount log aite..u need to report.

[Spartan]

Just now, Anta Assamey said:

Indian account lo sangathi kada ee Fbar adhi kuda mana peru meda vunte.... ante na...  

ne peru meeda unna account lo any single day...10K or more amount log aite..u need to report.

[Anta Assamey]

Just now, Spartan said:

ne peru meeda unna account lo any single day...10K or more amount log aite..u need to report.

Indian Account lo kada ?  

[Spartan]

Just now, Anta Assamey said:

Indian Account ?  

obvious.... FD or even any life or accidental insurance ....also..

in case of insurance...the amount of ur insurance is what u need to report..

 

[Anta Assamey]

Just now, Spartan said:

obvious.... FD or even any life or accidental insurance ....also..

in case of insurance...the amount of ur insurance is what u need to report..

 

Ala aite.... ala lekunda manage chestunanu le ... No Issues...  

[Spartan]

1 minute ago, Anta Assamey said:

Ala aite.... ala lekunda manage chestunanu le ... No Issues...  

cool.

check FD's as well..

basic ga deeni meeda tax emi kattavu US lo..its just for info purpose..

India lo kattakapote..ikkada teskuntadu....or Indian govt ki report chestadu..

FBAR will help u in getting back money from India legally..if u r making investment like buying house here..

[Anta Assamey]

1 minute ago, Spartan said:

cool.

check FD's as well..

basic ga deeni meeda tax emi kattavu US lo..its just for info purpose..

India lo kattakapote..ikkada teskuntadu....or Indian govt ki report chestadu..

FBAR will help u in getting back money from India legally..if u r making investment like buying house here..

Edi naa peru meda lekunda managing ....Ilanti talakaya noppulu vastayi ani ...