Filing Returns- Need your advice Chalanachithram.com | Topics | Search
Hide Clipart | Log Out | Register | Edit Profile

Last 30 mins | 1 | 2 | 4 hours     Last 1 | 7 Days

Chalanachithram.com DB » New TF Industry Related » Archive through March 16, 2014 » Filing Returns- Need your advice « Previous Next »

Author Message
Top of pagePrevious messageNext messageBottom of page Link to this message

2009
Comedian
Username: 2009

Post Number: 1296
Registered: 07-2008
Posted From: 67.60.37.216

Rating: N/A
Votes: 0 (Vote!)

Posted on Saturday, March 15, 2014 - 09:00 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

IRA/401K account or just brokerage account..Clarify please.

If you dont need the money in near future, I would keep it in fidelity. yes you can trade and let the money grow.

At some point Fidelity is going to ask to update your permanent address in US. You can tell them your situation asking them not send any statements since you can access them electronically..
Top of pagePrevious messageNext messageBottom of page Link to this message

Vakkapodi
Comedian
Username: Vakkapodi

Post Number: 1670
Registered: 06-2008
Posted From: 122.175.64.223

Rating: N/A
Votes: 0 (Vote!)

Posted on Saturday, March 15, 2014 - 06:17 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

please ignore 1)
Top of pagePrevious messageNext messageBottom of page Link to this message

Vakkapodi
Comedian
Username: Vakkapodi

Post Number: 1669
Registered: 06-2008
Posted From: 122.175.64.223

Rating: N/A
Votes: 0 (Vote!)

Posted on Saturday, March 15, 2014 - 06:15 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Guys

Need your advice

I moved to India permanently three years ago. I still have about 10k invested in Fidelity out of which 5k is still in cash and other invested in shares. If i sell the shares now, will make about 3k profit.

1. I cant continue my NRE account because, ICICI is forcing me to close the account and instead open NRO, since i dont live there anymore.

2. if i sell the shares and withdraw all the money, fidelity by default deducts 10% from it. Do i still need to file returns for 2500 profit ?

3. Can i trade again without withdrawing money from fidelity ? Long term implications enti ?

Add Your Message Here
Post:
Bold text Italics Underline Create a hyperlink Insert a clipart image HASH(0x8e43dd4){Movie Clipart}
Show / hide regular icons selection options

Click on following links to open cliparts by Alphabetical Order

 A   B   C   D   E   F   G   H   I   J   K   L   M  

 N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Show / Hide Filmy icons selection options

Click on following links to open cliparts by Alphabetical Order

 A   B   C   D   E   F   G   H   I   J   K   L   M  

 N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Username: Posting Information:
This is a public posting area. Enter your username and password if you have an account. Otherwise, enter your full name as your username and leave the password blank. Your e-mail address is optional.
Password:
E-mail:
Options: Enable HTML code in message
Automatically activate URLs in message
Action: