| Author | Message | ||
     Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 25020 Registered: 02-2009 Rating: N/A |
may be dont know | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 37444 Registered: 02-2008 Rating: N/A |
appudu vallu desam lo taxes paying cheyaali kada ee amount ki.. | ||
| Maverick Legend Username: Maverick Post Number: 48163 Registered: 01-2008 Posted From: 70.39.231.92 Rating: N/A |
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| True_indian Side Hero Username: True_indian Post Number: 9193 Registered: 01-2008 Posted From: 174.96.195.93 Rating: N/A |
rujju, yes you can, 50% of the portfolio you pay interest to your self when you take the loan, your 50% will be sold so your gains and losses will be at the same ratio .those who are serious about their watches display them prominently, those who are more concerned with style and branding present you with aircraft carriers and hide their watches. | ||
| Humpty_dumpty Moderator Username: Humpty_dumpty Post Number: 25019 Registered: 02-2009 Rating: N/A |
my dad and MIL sent to me when I was buying house via wire transfer i think it is 12k or 13k per year as gift again this is per relative per person so I can get 4 times x limit wife can get 4 times x limit naadhi antha pedha amount kaadhu but got a letter from both dad and MIL stating that they are a gift ivi kaakundaa few times small amounts dad sent for kid's birthday gift etc i suggest look up INS site and help articles on the web good luck | ||
| Komaranna Side Hero Username: Komaranna Post Number: 4508 Registered: 07-2010 Posted From: 199.2.205.143 Rating: N/A |
sure tamud | ||
| Teenmaar Junior Artist Username: Teenmaar Post Number: 454 Registered: 02-2011 Posted From: 50.164.25.236 Rating: N/A |
naaku ok mail kottu .. goldie05100 at yahodotcom | ||
| Komaranna Side Hero Username: Komaranna Post Number: 4507 Registered: 07-2010 Posted From: 199.2.205.143 Rating: N/A |
adavi if you can wait for an week can arrange here..u can depoist in india | ||
| Rebel Hero Username: Rebel Post Number: 10964 Registered: 02-2008 Posted From: 151.151.109.9 Rating: N/A |
adi double tax for that amount ee kada ? $100 loan tiskunnav..and u repay $100..but this $100 is already taxed amount..so u r paying $100 with, say $130... and while withdrawl u pay tax again.. | ||
| Ruj Hero Username: Ruj Post Number: 12231 Registered: 03-2007 Posted From: 170.202.122.1 Rating: N/A |
savings account ee best anipistondhi bhayya ayithe..mortgageki katti..401k ki katti..iga manaki migiledhi eti..  Modi for PM  | ||
| Voltage Junior Artist Username: Voltage Post Number: 98 Registered: 08-2008 Posted From: 122.167.122.76 Rating: N/A |
IRS reference http://www.irs.gov/Businesses/Gifts-from-Foreign-Person | ||
| Andhrawala Megastar Username: Andhrawala Post Number: 28491 Registered: 03-2008 Posted From: 71.65.232.134 Rating: N/A |
401K nunchi say 50K untaxed money ni loan gaa theesukuntunnaavu daani repay sesthaavu with ur incoem after tax retire ayyekaa 401K nunchi dabbu draw chesinappu okasaari tax pay chesthaavuu so ineffect u are paying tax for the 401K money of 50K only after retirement No Signature | ||
| Voltage Junior Artist Username: Voltage Post Number: 97 Registered: 08-2008 Posted From: 122.167.122.76 Rating: N/A |
Regarding Money transfer, your parents can directly wire the money to your account from Bank in India. If it's a gift from a non-US family member, there are no taxes at all, but here are reporting requirements. At the very least you will have to file a Form 3520 http://www.irs.gov/pub/irs-pdf/f3520.pdf informational return if the amount is $100,000 or more. Here's a link to the Form 3520 instructions http://www.irs.gov/pub/irs-pdf/i3520.pdf . No taxes are due with this report, but the penalties for late filing or failure to file are SEVERE | ||
| Mpsfan Comedian Username: Mpsfan Post Number: 1458 Registered: 12-2012 Posted From: 129.135.0.21 Rating: N/A |
Double Taxation If you recall, your retirement plan contributions are made on a pre-tax basis. This means that you realize a tax break when making contributions to the plan, and you're then taxed in the future when you take money out of the plan. Unfortunately, when you take a loan from your plan, you may be subjecting yourself to additional taxes. While regular 401(k) contributions are taken out of your paycheck on a pre-tax basis, the loan repayments are not. This means that you are taking pre-tax money out of your account and then repaying it with after-tax money. This can result in some of this money being taxed twice. | ||
| Rebel Hero Username: Rebel Post Number: 10963 Registered: 02-2008 Posted From: 151.151.109.9 Rating: N/A |
but u pay double tax..already nuvvu tax kattinadanitho repay chestavu..and u have to pay tax again when u withdraw during retirement | ||
| Andhrawala Megastar Username: Andhrawala Post Number: 28490 Registered: 03-2008 Posted From: 71.65.232.134 Rating: N/A |
401k NUNCHI LOAN THEESUKUNTAAVU u repay with interest to urself not any outsider so parledhuu No Signature | ||
| Rebel Hero Username: Rebel Post Number: 10962 Registered: 02-2008 Posted From: 151.151.109.9 Rating: N/A |
No roth ira lo aithe tiyochu.. if u r planning to buy a home..savings accct lo down payment ki save cheyatame | ||
| Simba Hero Username: Simba Post Number: 13731 Registered: 02-2008 Posted From: 206.210.27.33 Rating: N/A |
That is what I did. I asked my friends to write checks for appliances and third party contractors directly... and, I paid my friends Indian rupees | ||
| Dreamcatcher Side Hero Username: Dreamcatcher Post Number: 5189 Registered: 11-2009 Posted From: 208.86.145.68 Rating: N/A |
look into taking loans against 401(k)...also, for fist home, I think they will allow you to take money out of 401(k) without any penalties...usual ga 401(k) lo nunchi withdraw antay penalties untaayi... | ||
| Ruj Hero Username: Ruj Post Number: 12230 Registered: 03-2007 Posted From: 170.202.122.1 Rating: N/A |
babulu evaranna seppandi.. mana 401k account loni money ni intiki downpayment la pettacha?? leka malli daniki interest repaymentlu seyyala?? Modi for PM | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25917 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
Thanks tammi avi work avvatledu ippudu Bank officers very strict. prati transaction full ga monitor chestunnaru ikkada evaranna ichina valla bank statement kuda chustaru anta Evening call chesta | ||
| Andhrawala Megastar Username: Andhrawala Post Number: 28488 Registered: 03-2008 Posted From: 71.65.232.134 Rating: N/A |
Adavi also u can ask ur freinds to pay for appliances, furniture etc. These are not tracked No Signature | ||
| Sasibabu Megastar Username: Sasibabu Post Number: 23146 Registered: 11-2009 Posted From: 139.60.210.130 Rating: N/A |
annai....entha kaavali cheppu.....aada rs pay chesthe eeda dollars kattettu evaranna dhorukuthaaremo choodhaam ...call me Target -70 now at -30 | ||
| Simba Hero Username: Simba Post Number: 13730 Registered: 02-2008 Posted From: 206.210.17.33 Rating: N/A |
Usually, lender scans for deposits on your account asks for explanation. If you claim that they are gifts then lender asks for proof. They have a form that you should have it filled by the person who gave you gift saying it is indeed a gift and you don't have to pay back. | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 37430 Registered: 02-2008 Rating: N/A |
nuvvu mundu CA ni consult.. nuvvu gift ante namestaaru ..proof and documentation adugutaaru.. nen naa one bank acc to diff bank acc ki transfer chestene .. explanation n proof adigeru.. ippudu strict ayeru ee banks.. | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25916 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
idi artam kaledu ikkada gift laga teesuko mantara leka cash deposit cheyamanatara andaru online transfer chesukoni gift ani cheppamantunnaru | ||
| Simba Hero Username: Simba Post Number: 13729 Registered: 02-2008 Posted From: 206.210.27.33 Rating: N/A |
I was in same boat couple of years ago. I tried all the options dealing with bank managers, CAs in india but found no use. Final ga, hawala tho dabbulu tecchukunna. One important advise. Since you are planning to buy house, the lender checks your bank statements and asks for explanation on all deposits. Nuvvu friend ki india lo rupees icchi, ikkada friend daggara teesukunna dollars check ni deposit cheste, lender gaadu pattukuntadu. Beware of it. | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25914 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
Meeru tappa 10k ichevallu leru annai oka 10k transfer cheyyandi . just for fun vunaru annai ala kuda lagutunnam | ||
| Andhrawala Megastar Username: Andhrawala Post Number: 28483 Registered: 03-2008 Posted From: 71.65.232.134 Rating: N/A |
US lo if u have any brothers or sisters they can give 10K for house buying No Signature | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 37418 Registered: 02-2008 Rating: N/A |
icici ki elli ilaa transfer cheyaali ante valle cheptaaru process.. | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25913 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
Ok annai kanukunta | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 37417 Registered: 02-2008 Rating: N/A |
India | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 37416 Registered: 02-2008 Rating: N/A |
desam investors ki idi okka headache ee..aadakelli eedaki attukuravatam.. | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25912 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
ippude start chesa annai not much money  | ||
| Ruj Hero Username: Ruj Post Number: 12217 Registered: 03-2007 Posted From: 170.202.122.1 Rating: N/A |
rao garu..mana 401k account loni money ni intiki downpayment la pettacha?? leka malli daniki interest repaymentlu seyyala?? Modi for PM | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25910 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
india lo CA na US lo CPA daggaraki pvala annai cheppandi | ||
| Itzpetergriffin Junior Artist Username: Itzpetergriffin Post Number: 465 Registered: 04-2012 Posted From: 72.37.171.52 Rating: N/A |
Manaki 401k type a/cs emi leva? | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 37414 Registered: 02-2008 Rating: N/A |
profits meeda tax .. nuvvu 10k desam ampi adi ippudu 15k avute 5k meeda taxes paying cheyaali anukuntaa.. CA kaadaki ellu.. vallu motham kaakpoyina konchem saving cheyagalaru evoo loopholes use chesi.. | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25909 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
anduke annai parents accounts nunchi transfer cheddamu ani | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25908 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
30k daka annai dollars | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25907 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
manam tax katti india pampinchina dabbu ki malli tax katti techukovala  | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 37412 Registered: 02-2008 Rating: N/A |
enta amount tammudu.. | ||
| Casino Side Hero Username: Casino Post Number: 3813 Registered: 01-2012 Posted From: 198.46.98.226 Rating: N/A |
when you are buying the bank that is going to issue the loan will check the transactions in your bank account.. you may have to explain the source of the money that you are moving in to your bank account.. | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25906 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
kadu annai gift lekkana ravali idi workout avvadu | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 37411 Registered: 02-2008 Rating: N/A |
yr ki 10 lakhs aa idi edo bagundi kadaa.. | ||
| Andhrawala Megastar Username: Andhrawala Post Number: 28482 Registered: 03-2008 Posted From: 71.65.232.134 Rating: N/A |
20K USD No Signature | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 37410 Registered: 02-2008 Rating: N/A |
adavi naaki nee thrd reverse lo understanding ayindi.. evo two forms chartered accountant fill cheyali and YES taxes pay cheyaali.. veetiki first neeki pancard unaali neeku.. undi ani asuming chesukuntunnaa.. | ||
| Tforty Junior Artist Username: Tforty Post Number: 153 Registered: 02-2011 Posted From: 198.232.251.21 Rating: N/A |
credit card aite nenu oka 10k arrange seyagalanu meru india lo iche pani aite | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25905 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
Bunty garu adem quetion 20k ruppess ante 350 dollars | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25904 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
Thanks annai for good info have to try that | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 37409 Registered: 02-2008 Rating: N/A |
dollars aa.. | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25903 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
inka ledu ippude chustunna Vademo 20% down antunnadu mana credit score chusi  | ||
| Andhrawala Megastar Username: Andhrawala Post Number: 28481 Registered: 03-2008 Posted From: 71.65.232.134 Rating: N/A |
my freinds fil transferred 20K to his account seems grand parents can gift 10K or 20K everyyear No Signature | ||
| Saint Megastar Username: Saint Post Number: 26544 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
no need of tax...normal banks lo cheyyochu anukuntanu.... congrats adavi illu kontunnanduku | ||
| Saint Megastar Username: Saint Post Number: 26543 Registered: 01-2011 Posted From: 12.22.163.132 Rating: N/A |
no need of tax...normal banks lo cheyyochu anukuntanu.... congrats adavi illu kontunnanduku | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 37408 Registered: 02-2008 Rating: N/A |
sbi,icici,xoom inni unnayi.. enta transfer cheyaai.. big amount ante wiretransfer cheyi.. | ||
| Adaviramudu Megastar Username: Adaviramudu Post Number: 25902 Registered: 04-2008 Posted From: 12.20.134.254 Rating: N/A |
Any idea Except Hawala Like wire transfer/Western union evaranna chesi vunte cheppandi Taxes emanna kattala  |
