| Author | Message | ||
     Emc2 Megastar Username: Emc2 Post Number: 27523 Registered: 03-2008 Posted From: 108.48.4.211 Rating: N/A |
taxes file cheyali, no matter what, since amount is so small, you don't have to pay any tax, show some expenses in your filing.. | ||
| Vakkapodi Comedian Username: Vakkapodi Post Number: 1674 Registered: 06-2008 Posted From: 49.204.245.29 Rating: N/A |
5000 ki 10% ante 500 plus 250 must be the Tax (at source). After this, do i have to file my returns. appudu malli emanna tax kattala? or 750 (500+250) is all i have to pay ? | ||
| Emc2 Megastar Username: Emc2 Post Number: 27522 Registered: 03-2008 Posted From: 108.48.4.211 Rating: N/A |
flow chart chudu 5yrs rule meet ayithe no tax no penalty...tax eppudu untadi for ncome yo earned, since it is only 10k above line loki vasthadi aa income so no tax in this case http://www.obliviousinvestor.com/roth-ira-withdrawal-rules/  | ||
| Hero Side Hero Username: Hero Post Number: 5777 Registered: 09-2009 Posted From: 108.65.110.4 Rating: N/A |
 penalty 10% untadi..no tax on ROTH IRA ayithe 10% + Tax | ||
| Emc2 Megastar Username: Emc2 Post Number: 27519 Registered: 03-2008 Posted From: 108.48.4.211 Rating: N/A |
roth IRA create cheyyi, do some research on roth IRA, roth IRA nunchi with daraw chesukunte penalty undau, but you have to do tax filing, you are under the min limit so you don't have to pay taxes for 10k this is your safe bet,but to with draw from roth IRA 5yrs undali anukunta account open chesi | ||
| Vakkapodi Comedian Username: Vakkapodi Post Number: 1673 Registered: 06-2008 Posted From: 49.204.245.29 Rating: N/A |
I have about 10k cash reserves in Fidelity Traditional IRA and about 800 invested in stocks (current value 2k). Ippudu, 5k cash withdraw chesthe, it is showing me 4250 as final amount after deduction of minimum tax which can ago from 10% to 90% I moved to India four years ago and the last investment in Fidelity was in 2010.If i withdraw the whole amount now or later, will the percentage of tax deducted be the same? |
