AndhraneedSCS Posted January 31, 2019 Report Posted January 31, 2019 9 minutes ago, Spartan said: India born kid aite..yeah raavu.. Canada Born ayithe vastaya? Just say Non-US Quote
Spartan Posted January 31, 2019 Author Report Posted January 31, 2019 Just now, AndhraneedSCS said: Canada Born ayithe vastaya? Just say Non-US Tax treaty unna countries ki istaranukunta... Quote
Spartan Posted January 31, 2019 Author Report Posted January 31, 2019 1 minute ago, AndhraneedSCS said: Canada Born ayithe vastaya? Just say Non-US You can claim a non-citizen child as a dependent on your tax return, which would likely entitle you to a dependent credit, if the child meets the IRS definition of a "qualifying child." This is the same standard that applies to children who are citizens. Your child is a qualifying child if all of the following apply: The child is your son, daughter, stepchild, foster child, brother, sister, half-brother, half-sister, stepbrother, stepsister, adopted child or a descendant of one of these, such as a grandchild. Adopted and biological children are treated the same On the last day of the year the child is either younger than 19; a full-time student younger than 24; or permanently and totally disabled The child lived with you for more than half the year You provided more than half of the child's financial support during the year The child did not file a joint tax return with his or her spouse, if married, except only to claim a refund of taxes withheld or estimated taxes paid The child must be a U.S. resident alien, U.S. national, or for tax years prior to 2018 a resident of Canada or Mexico Quote
krrish Posted January 31, 2019 Report Posted January 31, 2019 India lo ICICI account oka 10 lakhs ki FD chesina, ikkada tax file chesetappudu FBAR cheyyala? Quote
Spartan Posted January 31, 2019 Author Report Posted January 31, 2019 1 minute ago, krrish said: India lo ICICI account oka 10 lakhs ki FD chesina, ikkada tax file chesetappudu FBAR cheyyala? yes..a FD or beneficiary ne peru unte. Quote
Spartan Posted January 31, 2019 Author Report Posted January 31, 2019 1 minute ago, krrish said: marchipoyi FBAR cheyyakapote? dorkinappudu upto 10K fine vestadu.... Quote
kool_buddi Posted January 31, 2019 Report Posted January 31, 2019 @Spartan 1098, Mortgage Interest Statement. India lo housing loan ki supporting documents emi tisukovali Indian bank nunchi?? or i can simply file it in my taxes for now? Alage in this FBAR mandatory ga file cheyali aa showing that loan account as i only hold that back in india. Any idea about this bro?? Quote
Spartan Posted January 31, 2019 Author Report Posted January 31, 2019 Just now, kool_buddi said: @Spartan 1098, Mortgage Interest Statement. India lo housing loan ki supporting documents emi tisukovali Indian bank nunchi?? or i can simply file it in my taxes for now? Alage in this FBAR mandatory ga file cheyali aa showing that loan account as i only hold that back in india. Any idea about this?? India lo mortgage kadtunte..only Interest meeda tax credit claim cheyagalavu...but unless u r paying a interest more than 12K$ it is worthless now..std deduction lo ekkuva dabbul vastai... over to @k2s FBAR is to report things where u hold more than 10K$ on any given day of the year. Nuvvu loan kosam pettukunna u need to report that holding. Quote
Katti_Ramdas Posted January 31, 2019 Report Posted January 31, 2019 1 hour ago, Spartan said: already padindi...same info..but re-iterating..since it is making difference. India lo born aina kids ki ---> u cannot claim the Child Credit which is 2000$ (previous years they were eligible with ITIN number..but not from 2018) spcific ga adugutnnadu site lo..SSN or ITIN ani... so incase desi tax consultants deggara cheyistu...vadu Child credit kuda ippista without SSN and ..just be aware.. query padite..reverse lo interest kuda kattalsi vastadi... for details: https://www.eitc.irs.gov/tax-preparer-toolkit/frequently-asked-questions/basic-qualifications/basic-qualifications-2 $1000 ni $2000 chesada?? Quote
Spartan Posted January 31, 2019 Author Report Posted January 31, 2019 Just now, Katti_Ramdas said: $1000 ni $2000 chesada?? yes Quote
karna11 Posted January 31, 2019 Report Posted January 31, 2019 1 hour ago, Spartan said: already padindi...same info..but re-iterating..since it is making difference. India lo born aina kids ki ---> u cannot claim the Child Credit which is 2000$ (previous years they were eligible with ITIN number..but not from 2018) spcific ga adugutnnadu site lo..SSN or ITIN ani... so incase desi tax consultants deggara cheyistu...vadu Child credit kuda ippista without SSN and ..just be aware.. query padite..reverse lo interest kuda kattalsi vastadi... for details: https://www.eitc.irs.gov/tax-preparer-toolkit/frequently-asked-questions/basic-qualifications/basic-qualifications-2 sitti tax consultant ni refer cheyyi, roju edho consor tax consulting antaa vadu call medha call chesthunnaduu, dhenama jeevitham vellaki ela vellddo mana info Quote
krrish Posted January 31, 2019 Report Posted January 31, 2019 46 minutes ago, Spartan said: dorkinappudu upto 10K fine vestadu.... Taxes file (1040) chesa bhayya....forein accounts gurinchi mention cheyyaledu....ippudu FBAR cheyyalante, 1040 amend chesi cheyyala? Quote
Kalam_Youtheman Posted January 31, 2019 Report Posted January 31, 2019 22 minutes ago, karna11 said: sitti tax consultant ni refer cheyyi, roju edho consor tax consulting antaa vadu call medha call chesthunnaduu, dhenama jeevitham vellaki ela vellddo mana info do with HR block and turbotax vayyaa... oooru naa kodukulu laaaaga tax consultant tho cheyyinchaadam endhii... simple process... Quote
boeing747 Posted January 31, 2019 Report Posted January 31, 2019 2 hours ago, AlaElaAlaEla said: FBAR? India lo income entha undi, eezy ga oka 1cr per yr untadi ga neku Quote
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