bankris Posted May 16, 2022 Report Share Posted May 16, 2022 Hi All, Can anyone throw some light on FBAR filing? who needs to file this? I do hold indian bank account/s. Quote Link to comment Share on other sites More sharing options...
Poll_Rangadu Posted May 16, 2022 Report Share Posted May 16, 2022 Were you having more than 10000$ in your indian bank at any given point of time. Quote Link to comment Share on other sites More sharing options...
Aamphat Posted May 16, 2022 Report Share Posted May 16, 2022 Does IRS really have time/resources to check on these things? Quote Link to comment Share on other sites More sharing options...
HEROO Posted May 16, 2022 Report Share Posted May 16, 2022 38 minutes ago, Aamphat said: Does IRS really have time/resources to check on these things? Ne time bad vunte check chestharu Quote Link to comment Share on other sites More sharing options...
HEROO Posted May 16, 2022 Report Share Posted May 16, 2022 1 hour ago, bankris said: Hi All, Can anyone throw some light on FBAR filing? who needs to file this? I do hold indian bank account/s. Nuvvu tax file chese year lo at any given point of time ne foreign accounts lo morethan or equal to 10k$ vunte file cheyyali… irs site lo foreign currency rates kuda vuntay a year lo exchange rates entha ani 1 Quote Link to comment Share on other sites More sharing options...
appaji_pesarattu Posted May 16, 2022 Report Share Posted May 16, 2022 59 minutes ago, HEROO said: Nuvvu tax file chese year lo at any given point of time ne foreign accounts lo morethan or equal to 10k$ vunte file cheyyali… irs site lo foreign currency rates kuda vuntay a year lo exchange rates entha ani bro... if we transfer greater than 10K to other indian accounts like other family members then should we also report that in FBAR?.. i think NO but want to confirm specialists Quote Link to comment Share on other sites More sharing options...
manamthoupule Posted May 16, 2022 Report Share Posted May 16, 2022 1 hour ago, appaji_pesarattu said: bro... if we transfer greater than 10K to other indian accounts like other family members then should we also report that in FBAR?.. i think NO but want to confirm specialists No Quote Link to comment Share on other sites More sharing options...
Raazu Posted May 16, 2022 Report Share Posted May 16, 2022 4 hours ago, bankris said: Hi All, Can anyone throw some light on FBAR filing? who needs to file this? I do hold indian bank account/s. If u have more then 10,000$ in the Indian bank accounts combined. Quote Link to comment Share on other sites More sharing options...
bankris Posted May 17, 2022 Author Report Share Posted May 17, 2022 6 hours ago, appaji_pesarattu said: bro... if we transfer greater than 10K to other indian accounts like other family members then should we also report that in FBAR?.. i think NO but want to confirm specialists This is my next question. I never maintained $10,000 in my indian bank account at any given point. But, I have transferred way more than $10,000 to my account in many intervals. In this case, Do I need to file? Quote Link to comment Share on other sites More sharing options...
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