| Author |
Message |
![]() ![]() ![]() ![]()
Uno
Side Hero Username: Uno
Post Number: 4472 Registered: 03-2016 Posted From: 99.232.127.177
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, January 23, 2019 - 09:06 am: |
![]() ![]() ![]() ![]() ![]() |
Telugodu:Bro, whatbis the process to file FBAR? Is it during tax filing or not related to that? Can u share more details on timing and filing process please? Thx
FBAR is just a reporting requirement, for compliance..nothing to do with taxes or tax calculations Sort of AML check |
![]() ![]() ![]() ![]()
Andhrawala
Legend Username: Andhrawala
Post Number: 74555 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, January 23, 2019 - 08:58 am: |
![]() ![]() ![]() ![]() ![]() |
Mano:I used to file FBAR myself earlier but last 2 years nundi na CPA ne file chesestunnadu as I always take filing extension here every year. I file my taxes in India first and then file my US taxes around July/Aug time
Brother! how does it work? desam lo pay chesina tax ki ikkada credit isthaadu and aa income will be added to our income and taxed at US rates? so entha extra pay cheyyalsi osthundhi meeku?? No Signature |
![]() ![]() ![]() ![]()
Mano
Comedian Username: Mano
Post Number: 1307 Registered: 07-2018 Posted From: 173.71.87.188
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, January 23, 2019 - 08:54 am: |
![]() ![]() ![]() ![]() ![]() |
Telugodu:Bro, whatbis the process to file FBAR? Is it during tax filing or not related to that? Can u share more details on timing and filing process please? Thx
Check this link bro https://bsaefiling.fincen.treas.gov/NoRegFilePDFIndividualFB AR.html Apr 15th is deadline....if you don't file by then it's an automatic extension of 6 months so Oct 15th is final deadline. I used to file FBAR myself earlier but last 2 years nundi na CPA ne file chesestunnadu as I always take filing extension here every year. I file my taxes in India first and then file my US taxes around July/Aug time |
![]() ![]() ![]() ![]()
Telugodu
Junior Artist Username: Telugodu
Post Number: 772 Registered: 06-2014 Posted From: 24.92.135.103
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, January 23, 2019 - 05:02 am: |
![]() ![]() ![]() ![]() ![]() |
Mano:
Bro, whatbis the process to file FBAR? Is it during tax filing or not related to that? Can u share more details on timing and filing process please? Thx |
![]() ![]() ![]() ![]()
Mano
Comedian Username: Mano
Post Number: 1297 Registered: 07-2018 Posted From: 173.71.87.188
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 04:36 pm: |
![]() ![]() ![]() ![]() ![]() |
Uno:FBAR does not only mean $10k deposit in bank account
It's not deposit amount... anytime (even for a single second, to clarify Bunty babu statement) if you have a total worth of $10k in banks outside US then you need to report it in FBAR |
![]() ![]() ![]() ![]()
Uno
Side Hero Username: Uno
Post Number: 4471 Registered: 03-2016 Posted From: 99.232.127.177
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 04:24 pm: |
![]() ![]() ![]() ![]() ![]() |
Bunty717:sure aa.. naaki 1-2 days time undi annatu gurthu.
sure FBAR does not only mean $10k deposit in bank account But also applies if you are holding mutual funds,stocks,fixed deposits,bonds and ..even if the value individually is less than $10k, but all aggregate over $10k |
![]() ![]() ![]() ![]()
Sannayi_nokkulu
Legend Username: Sannayi_nokkulu
Post Number: 33300 Registered: 06-2014 Posted From: 166.216.165.125
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 04:21 pm: |
![]() ![]() ![]() ![]() ![]() |
Sachin:
leg pulling ..... sachipotava , avineethi ga batukutava okkate option ante alochinchakunda chachipotaa ane type cbn - OT Mahanati lo keerthy suresh kakunda ravali akka haritha vesi unte telisedhi ra meeku pain kikii -OT |
![]() ![]() ![]() ![]()
Sachin
Legend Username: Sachin
Post Number: 43693 Registered: 04-2008 Posted From: 108.171.130.163
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 04:07 pm: |
![]() ![]() ![]() ![]() ![]() |
Sannayi_nokkulu:db lonemo Bob ni tittatamu....akkademo rajadhaniki itukalu konat tammi....
so far 1$ kooda pettaledu rajadhani lo |
![]() ![]() ![]() ![]()
Bunty717
Legend Username: Bunty717
Post Number: 58474 Registered: 02-2008 Posted From: 161.185.160.193
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 04:06 pm: |
![]() ![]() ![]() ![]() ![]() |
Uno:no..even it is for 1 second..you have to report
sure aa.. naaki 1-2 days time undi annatu gurthu.. |
![]() ![]() ![]() ![]()
Uno
Side Hero Username: Uno
Post Number: 4470 Registered: 03-2016 Posted From: 99.232.127.177
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 04:05 pm: |
![]() ![]() ![]() ![]() ![]() |
Bunty717:adi kuda more than 2days mana accnt lo unte .. same day withdraw cheste avasaram ledu..
no..even it is for 1 second..you have to report |
![]() ![]() ![]() ![]()
Bunty717
Legend Username: Bunty717
Post Number: 58473 Registered: 02-2008 Posted From: 161.185.161.172
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 04:03 pm: |
![]() ![]() ![]() ![]() ![]() |
Emc2:beyond $10k any time you need to file FBAR
adi kuda more than 2days mana accnt lo unte .. same day withdraw cheste avasaram ledu.. |
![]() ![]() ![]() ![]()
Jodhaa
Legend Username: Jodhaa
Post Number: 37949 Registered: 02-2008 Posted From: 165.156.40.24
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 04:02 pm: |
![]() ![]() ![]() ![]() ![]() |
Mana account lo untey kada idhi cheyyaalsindhi? parents account ki pampisthey no need |
![]() ![]() ![]() ![]()
Emc2
Legend Username: Emc2
Post Number: 73205 Registered: 03-2008 Posted From: 216.81.94.70
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 03:59 pm: |
![]() ![]() ![]() ![]() ![]() |
you can send as much as you want beyond $10k any time you need to file FBAR It's ok
|
![]() ![]() ![]() ![]()
Sannayi_nokkulu
Legend Username: Sannayi_nokkulu
Post Number: 33299 Registered: 06-2014 Posted From: 166.216.165.125
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 03:57 pm: |
![]() ![]() ![]() ![]() ![]() |
Sachin:
db lonemo Bob ni tittatamu....akkademo rajadhaniki itukalu konat tammi.... sachipotava , avineethi ga batukutava okkate option ante alochinchakunda chachipotaa ane type cbn - OT Mahanati lo keerthy suresh kakunda ravali akka haritha vesi unte telisedhi ra meeku pain kikii -OT |
![]() ![]() ![]() ![]()
Rajusk
Legend Username: Rajusk
Post Number: 68052 Registered: 02-2008 Posted From: 170.74.231.22
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 03:49 pm: |
![]() ![]() ![]() ![]() ![]() |
Sachin:FBAR edo file cheyali antarugaa annai...epudoo cheyaledu...adi cheyala ippudu?
if you have more than 10,000 USD at any point during that year..in a bank account in India. file chesthe ..better kada..there is nothing to hide.. |
![]() ![]() ![]() ![]()
Uno
Side Hero Username: Uno
Post Number: 4469 Registered: 03-2016 Posted From: 99.232.127.177
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 03:49 pm: |
![]() ![]() ![]() ![]() ![]() |
Sachin:ee account lo intha money ne unchaali ani limits emanna unnayaaa? can I send 20 L to same account?ilaa chetshe headaches emanna untaya?
you can keep unlimited money,as long as they are legal /accounted for |
![]() ![]() ![]() ![]()
Moviebuff001
Hero Username: Moviebuff001
Post Number: 13246 Registered: 06-2013 Posted From: 165.225.34.116
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 03:48 pm: |
![]() ![]() ![]() ![]() ![]() |
Sachin:FBAR edo file cheyali antarugaa annai...epudoo cheyaledu...adi cheyala ippudu?
Yes. Once it reaches over approximately 7 Lakhs in each account. If you don't want to file, you can transfer 6 lakhs to each account and transfer them out. Rinse and repeat. _________________________________________________ Your words will tell others what you think. Your actions will tell others what you believe in. |
![]() ![]() ![]() ![]()
Sachin
Legend Username: Sachin
Post Number: 43692 Registered: 04-2008 Posted From: 108.171.130.163
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 03:46 pm: |
![]() ![]() ![]() ![]() ![]() |
Rajusk:bindaas gaa sendochu..there will be no issues..
FBAR edo file cheyali antarugaa annai...epudoo cheyaledu...adi cheyala ippudu? |
![]() ![]() ![]() ![]()
Moviebuff001
Hero Username: Moviebuff001
Post Number: 13245 Registered: 06-2013 Posted From: 165.225.34.116
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 03:46 pm: |
![]() ![]() ![]() ![]() ![]() |
Sachin:ee account lo intha money ne unchaali ani limits emanna unnayaaa?
Naku minimum balance limit undi. 1 lakh both accounts kalipi. But max limit eppudu choodaledu. Had about 40 lakhs at one time. _________________________________________________ Your words will tell others what you think. Your actions will tell others what you believe in. |
![]() ![]() ![]() ![]()
Rajusk
Legend Username: Rajusk
Post Number: 68051 Registered: 02-2008 Posted From: 170.74.231.22
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 03:45 pm: |
![]() ![]() ![]() ![]() ![]() |
Sachin:can I send 20 L to same account?ilaa chetshe headaches emanna untaya?
bindaas gaa sendochu..there will be no issues.. |
![]() ![]() ![]() ![]()
Sachin
Legend Username: Sachin
Post Number: 43691 Registered: 04-2008 Posted From: 108.171.133.163
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, January 22, 2019 - 03:43 pm: |
![]() ![]() ![]() ![]() ![]() |
ee account lo intha money ne unchaali ani limits emanna unnayaaa? can I send 20 L to same account?ilaa chetshe headaches emanna untaya? |