| Author |
Message |
![]() ![]() ![]() ![]()
Ramjirao
Comedian Username: Ramjirao
Post Number: 1974 Registered: 02-2019 Posted From: 98.122.141.156
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 08:52 pm: |
![]() ![]() ![]() ![]() ![]() |
story below pre-dates the tax overhaul. It’s official. For 2018, the estate and gift tax exemption is $5.6 million per individual, up from $5.49 million in 2017. That means an individual can leave $5.6 million to heirs and pay no federal estate or gift tax. A married couple will be able to shield north of $11 million ($11.2 million) from federal estate and gift taxes. And the annual gift exclusion amount is $15,000 for 2018—up from $14,000 where it’s been stuck since 2013. |
![]() ![]() ![]() ![]()
Mano
Side Hero Username: Mano
Post Number: 2066 Registered: 07-2018 Posted From: 72.82.148.154
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 08:46 pm: |
![]() ![]() ![]() ![]() ![]() |
Ramjirao:No tax for gifts upto million usd
antha ledhu |
![]() ![]() ![]() ![]()
Njzero
Junior Artist Username: Njzero
Post Number: 80 Registered: 09-2016 Posted From: 174.203.6.251
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 08:36 pm: |
![]() ![]() ![]() ![]() ![]() |
Cuddrawer lo fettukuni ..... |
![]() ![]() ![]() ![]()
King
Side Hero Username: King
Post Number: 3499 Registered: 08-2013 Posted From: 104.57.181.67
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 06:36 pm: |
![]() ![]() ![]() ![]() ![]() |
Scorpio:Leagl money $250 K varaku theesukuraavochu / year
more than 100K you need to report if its a gift |
![]() ![]() ![]() ![]()
King
Side Hero Username: King
Post Number: 3498 Registered: 08-2013 Posted From: 104.57.181.67
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 06:35 pm: |
![]() ![]() ![]() ![]() ![]() |
ask your parents to wire, per year/person 14K allowed. |
![]() ![]() ![]() ![]()
Scorpio
Megastar Username: Scorpio
Post Number: 25267 Registered: 09-2008 Posted From: 170.167.194.215
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 06:04 pm: |
![]() ![]() ![]() ![]() ![]() |
Leagl money $250 K varaku theesukuraavochu / year Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc |
![]() ![]() ![]() ![]()
Uno
Side Hero Username: Uno
Post Number: 5101 Registered: 03-2016 Posted From: 99.232.127.177
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 05:08 pm: |
![]() ![]() ![]() ![]() ![]() |
Kings:Are you sure?
If you are married and filing jointly ..yearly tax exemption on gifts is around $30k and the life item exemption you can claim is max $11 million (Subject to correction,if anything changed) |
![]() ![]() ![]() ![]()
Kings
Junior Artist Username: Kings
Post Number: 769 Registered: 04-2008 Posted From: 47.199.37.120
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 04:54 pm: |
![]() ![]() ![]() ![]() ![]() |
Ramjirao:No tax for gifts upto million usd
Are you sure? |
![]() ![]() ![]() ![]()
Ramjirao
Comedian Username: Ramjirao
Post Number: 1969 Registered: 02-2019 Posted From: 166.137.248.48
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 04:32 pm: |
![]() ![]() ![]() ![]() ![]() |
Ustad:Do one need to pay taxes here for such gift income?
No tax for gifts upto million usd |
![]() ![]() ![]() ![]()
Ustad
Megastar Username: Ustad
Post Number: 27397 Registered: 07-2008 Posted From: 76.169.161.29
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 04:25 pm: |
![]() ![]() ![]() ![]() ![]() |
Ramjirao:gift for u or kids
Do one need to pay taxes here for such gift income? I learned long ago, never to wrestle with a pig. You get dirty and besides, the pig likes it - George Bernard Shaw |
![]() ![]() ![]() ![]()
Mahesh_fan
Megastar Username: Mahesh_fan
Post Number: 25566 Registered: 09-2010 Posted From: 170.141.177.67
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 02:59 pm: |
![]() ![]() ![]() ![]() ![]() |
u can bring cask right 10k limit.. |
![]() ![]() ![]() ![]()
Ramjirao
Comedian Username: Ramjirao
Post Number: 1967 Registered: 02-2019 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 02:56 pm: |
![]() ![]() ![]() ![]() ![]() |
Anji bhayya, If ur father or brothers has good source of income, you can give the 10 lakhs to them and they can transfer money through bank saying it as gift for u or kids As simple as that |
![]() ![]() ![]() ![]()
Uno
Side Hero Username: Uno
Post Number: 5098 Registered: 03-2016 Posted From: 99.232.127.177
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 02:54 pm: |
![]() ![]() ![]() ![]() ![]() |
Sri_anji:so 10k not a problem?
> $10k the threshold that triggers compliance/reporting requirements of AML You can get even $100k,but it you have to follow AML procedures at customs..like declaring source of the money,the money trial and end use (supported by documents) |
![]() ![]() ![]() ![]()
Executor
Comedian Username: Executor
Post Number: 1496 Registered: 04-2010 Posted From: 45.17.219.248
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 02:43 pm: |
![]() ![]() ![]() ![]() ![]() |
Sri_anji:so 10k not a problem?
back pocket lo pettukuni teesuku ravochu royal ga |
![]() ![]() ![]() ![]()
Sri_anji
Hero Username: Sri_anji
Post Number: 13101 Registered: 02-2008 Posted From: 20.133.14.254
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 02:40 pm: |
![]() ![]() ![]() ![]() ![]() |
so 10k not a problem? The best Odarpu |
![]() ![]() ![]() ![]()
Executor
Comedian Username: Executor
Post Number: 1495 Registered: 04-2010 Posted From: 45.17.219.248
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 02:36 pm: |
![]() ![]() ![]() ![]() ![]() |
nenu $20k teesukocha last year india trip lo. tarvata telisindi. 10k limit is for entire party not individual passenger ani. but lucky ga evadu em check cheyaledu |
![]() ![]() ![]() ![]()
Rao_garu
Junior Artist Username: Rao_garu
Post Number: 82 Registered: 03-2018 Posted From: 4.35.203.226
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 02:31 pm: |
![]() ![]() ![]() ![]() ![]() |
Sri_anji:process enti? not a huge amount....10L kante taakuva
wire cheyyamanu.... India lo ayyithe RTGS antaru... direct nee account ki vastai |
![]() ![]() ![]() ![]()
Maverick
Legend Username: Maverick
Post Number: 73865 Registered: 01-2008 Posted From: 165.225.104.107
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 02:30 pm: |
![]() ![]() ![]() ![]() ![]() |
bag lo dachukoni..flight ekkatame 10l ante There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs |
![]() ![]() ![]() ![]()
Vjawarrior
Legend Username: Vjawarrior
Post Number: 38439 Registered: 02-2014 Posted From: 192.251.84.3
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 02:29 pm: |
![]() ![]() ![]() ![]() ![]() |
hmmm..evaraina friends unte india lo inchi..ikkada dollars lo teesukondi....but pattubadithe ull be in trouble Power starrrrrrrrrr will rockkkkkkkkkkkkk |
![]() ![]() ![]() ![]()
Executor
Comedian Username: Executor
Post Number: 1494 Registered: 04-2010 Posted From: 45.17.219.248
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 02:29 pm: |
![]() ![]() ![]() ![]() ![]() |
just bring cash when you go to india next time. you can carry up to $10k |
![]() ![]() ![]() ![]()
Sri_anji
Hero Username: Sri_anji
Post Number: 13100 Registered: 02-2008 Posted From: 20.133.14.254
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 02:26 pm: |
![]() ![]() ![]() ![]() ![]() |
Seinfeld:
ok...what generally what is the process? The best Odarpu |
![]() ![]() ![]() ![]()
Seinfeld
Legend Username: Seinfeld
Post Number: 35449 Registered: 03-2008 Posted From: 199.101.6.250
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 01:01 pm: |
![]() ![]() ![]() ![]() ![]() |
antha thakkuva amount ayithe india lo evarikanna ichi.. usa lo valla pillal deggara teesko dollars.. |
![]() ![]() ![]() ![]()
Sri_anji
Hero Username: Sri_anji
Post Number: 13099 Registered: 02-2008 Posted From: 20.133.14.254
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, April 17, 2019 - 12:54 pm: |
![]() ![]() ![]() ![]() ![]() |
process enti? not a huge amount....10L kante taakuva The best Odarpu |