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R2I with usa Citizenship: Intha hard ...

Chalanachithram.com DB » New TF Industry Related » Archive through February 22, 2016 » R2I with usa Citizenship: Intha hard anukoledu « Previous Next »
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Rajusk
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Posted on Friday, February 19, 2016 - 02:11 pm:       


Happydays:

i think staying here is good..sometimes staying in india is good.very confused.




ee Friday ki time ayyipoyindi ituvanti disco ki..meeru Change management ticket time ki submit cheyyale

next Friday threads list lo meedi first untundi..

reserve this topic for next Friday :-)
 

Starc
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Posted on Friday, February 19, 2016 - 01:41 pm:       

konthamandi kandilgallu untaru.. eshina link sadvakunda.. barkutuntaru
 

Happydays
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Posted on Friday, February 19, 2016 - 01:37 pm:       

I am also planning to go back to India..kaani son 6th grade next year and for me i have to go to office to work..never worked in India since 2002.
not sure how i will be able to manage and for my son also if he is able to study in India.
very much worried..:-(
some times..i think staying here is good..sometimes staying in india is good.very confused..:-(
Chiru,Veturi,SPB,Ilayaraja,Jandhyala,Vamsi,K Viswanath,Sachin
 

Jeffa
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Posted on Friday, February 19, 2016 - 01:22 pm:       

Eavvadu saami.. errabassu ekkki vochi ikkada dukhaanalu pettestaar.. half knowledged morons...!! no double taxation. Just simple and disciplined paper work(mostly routine every year) and a few days of time would complete the proper work. Wellsfargo posting soodandi... edava topics tho threads ni lepi CCDB ni kampi kampi sesi saava do**bakandi...
 

Bunty717
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Posted on Friday, February 19, 2016 - 12:35 pm:       


Risingstar:

driver house paid off aa






db posts ki kudaaa puntuations chusteee elaaa annai..

bro valla house paid off.. cars payments unnayi.. 1 driver, dinners/moviees..chinna trips anni kalipi 1 lkh ayedi ani briefed me..
 

Rajusk
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Posted on Friday, February 19, 2016 - 12:35 pm:       


Bunty717:

still 1 lk ayedi antaa..outings/ movies anni included ..




outings/movies gatra lekunda..one house paid off undi..one car unte..50K to 60K max..excluding school fees (if you want to put them in Oakridge gatra..this changes the equation )
 

Okahyderabadi
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Posted on Friday, February 19, 2016 - 12:35 pm:       


Bunty717:

why ante eti cheptaam annai.. b'cause I'm a mod..

thrd nachaledu.. del chestunnanu.. next time if you question Mods actions you'll be banned for 3 days.. chuchukooo..


information iche threads delete sestan ante questioned, mod power use chestanu ante em jestam
In history there is no such thing as the last word on any subject research leads to new things every day
 

Risingstar
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Posted on Friday, February 19, 2016 - 12:32 pm:       


Bunty717:

driver house paid off




driver house paid off aa
CNKV
 

Bunty717
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Posted on Friday, February 19, 2016 - 12:31 pm:       


Risingstar:

all loan free aa? driver vadda?


nen maa brother kurrod experience tho cheptunnanu.. infact 3 cars .. i driver house paid off .. still 1 lk ayedi antaa..outings/ movies anni included ..
 

Saarang
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Posted on Friday, February 19, 2016 - 12:29 pm:       

Same income ki evvadu 2 countries lo tax cheyyadu..

 

Wellsfargo
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Posted on Friday, February 19, 2016 - 12:27 pm:       


Risingstar:

I am asking repeated question. How much it costs per month in hyderabad?




Nenu kooda repeated gaa answers isthunna. 1 lakh 5thousand. Rental house in Gachibowli(40 k) Monthly expenses including miscellenous stuff etc, petrol for two cars etc(50k). I think I spend 5k only for Non veg out of this and am usually little lavish. Remaining 15k per month on one time costs that may occur through out the year. Insurance for 2 cars. I don't have a salary and hence I pay health insurance. car service for two cars. Festivals, travel, Gifts for weddings etc.

Added to this pay around 1.5 lakhs for Kids(only 1) school fee. so for me, my annual cost of living is 14.1 Lakhs. I think I have exaggerated this. so in any case it is 14 Lakhs and I lead a very comfortable life style.
 

Sannayi_nokkulu
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Posted on Friday, February 19, 2016 - 12:27 pm:       

Don't del thread...
sachipotava , avineethi ga batukutava okkate option ante alochinchakunda chachipotaa ane type cbn - OT
 

Risingstar
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Posted on Friday, February 19, 2016 - 12:27 pm:       


Bunty717:

it depends on your lifestyle kadaaa annai..

anyway naa guesses.. house unte.. 2 cars and expenditure ki min 1lk avutaadi .. veezy gaa..


house undi 2 cars antee? all loan free aa? driver vadda?
CNKV
 

Bunty717
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Posted on Friday, February 19, 2016 - 12:23 pm:       


Emc2:

hat i am saying is oka chota taxes pay chesthe inko chota pay cheyakkarledu,


adi ekkadainaaa untaadi le annai.. ee papi kurrod edoooo invent chesinnatu thrd esesedu..
 

Bunty717
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Posted on Friday, February 19, 2016 - 12:23 pm:       


Okahyderabadi:

why?


why ante eti cheptaam annai.. b'cause I'm a mod..

thrd nachaledu.. del chestunnanu.. next time if you question Mods actions you'll be banned for 3 days.. chuchukooo..
 

Emc2
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Posted on Friday, February 19, 2016 - 12:22 pm:       


Rajusk:




what i am saying is oka chota taxes pay chesthe inko chota pay cheyakkarledu,

only one place, if you are paying taxes in india you can show it to IRS and don't pay
 

Bunty717
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Posted on Friday, February 19, 2016 - 12:21 pm:       


Risingstar:

I am asking repeated question. How much it costs per month in hyderabad?


it depends on your lifestyle kadaaa annai..

anyway naa guesses.. house unte.. 2 cars and expenditure ki min 1lk avutaadi .. veezy gaa..
 

Okahyderabadi
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Posted on Friday, February 19, 2016 - 12:21 pm:       


Bunty717:

ok.. thrd 2 mins lo del chestunanu..


why?
In history there is no such thing as the last word on any subject research leads to new things every day
 

Okahyderabadi
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Posted on Friday, February 19, 2016 - 12:18 pm:       


Bunty717:

US taxes pay cheyaali,, desam taxes pay cheyaali.. transit taxes via ee country eltee aa country taxes kuda pay cheyaali..antaa..

basically we'll be working for free antaa..

desam lo land buying cheyalem antaaa..

inko konni antaa's tho malli mee munduki vostaanu .. waiting cheyandi..


not true entirely , you get credit for taxes paid, it all depends on the agreements between the countries

"All US citizens and green card holders must file their tax returns in the US on their global income irrespective of where they live. They must pay taxes on such foreign income unless a treaty or statutory exclusion or foreign tax credit applies to reduce their US tax liability to zero."

Residence in both countries?

The above particular requirement of the US law might give rise to some confusion. As a citizen of the US or a green card holder living outside the US, you are treated at par with a 'US resident' for tax purposes. So you must pay taxes on your global income in the US. At the same time, if you have lived in India for more than 182 days in a financial year, you are treated as a resident of India. As per the Indian income tax act, a resident of India must pay taxes in India on his global income.

While the Double Taxation Avoidance Agreement (DTAA) talks about solving this tie-breaker, it does not mean that a person will file his returns only in the country that he qualifies as a resident (according to tie-breaker rules). A US citizen or green card holder living in India will have to declare his global income in his US tax return as well as his India return. The DTAA will only help in ensuring that a particular income is not taxed twice.

Most people think that they will be taxed twice on the same income. That is not true. India and the US have a treaty agreement in place and you will get tax credit in each country on the taxes paid in the other.
---above from a bookmarked page ---
In history there is no such thing as the last word on any subject research leads to new things every day
 

Risingstar
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Posted on Friday, February 19, 2016 - 12:14 pm:       


Wellsfargo:


I am asking repeated question. How much it costs per month in hyderabad?
CNKV
 

Rajusk
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Posted on Friday, February 19, 2016 - 12:13 pm:       


Bunty717:

thrd 2 mins lo del chestunanu..




esseyandi :D
 

Rajusk
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Posted on Friday, February 19, 2016 - 12:12 pm:       


Bunty717:

esp for salaried juntaa..




salaried vaadiki no escape at all..


migitha vallaki anni vaipulanunchi screws tightened

RE transaction lo seller 10 lakhs kante ekkuva cash teesukonte..both buyer and seller will get IT notice..

ikkada koosoni janal edo kathal septhar..

akkada Income Tax dept janalaki etuvanti thippal pedthundi anedi first hand info telusu naak bhi
 

Wellsfargo
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Posted on Friday, February 19, 2016 - 12:11 pm:       


Starc:

mari akkada cnn vadi stories ala unnai enti?




edisadu. It is very clear.. don't worry.
 

Bunty717
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Posted on Friday, February 19, 2016 - 12:10 pm:       

ok.. thrd 2 mins lo del chestunanu..
 

Bunty717
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Posted on Friday, February 19, 2016 - 12:10 pm:       


Emc2:

and evadu taxes pay chesedi india lo


ippudu chaala strict ayindi desam lo.. esp for salaried juntaa..
 

Starc
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Posted on Friday, February 19, 2016 - 12:09 pm:       

wellsfargo..

mari akkada cnn vadi stories ala unnai enti?
 

Rajusk
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Posted on Friday, February 19, 2016 - 12:09 pm:       


Emc2:

evadu taxes pay chesedi india lo




adem quechen..

if you have NRO account Taxes will be deducted
 

Andhrawala
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Posted on Friday, February 19, 2016 - 12:09 pm:       


Bunty717:

US taxes pay cheyaali,, desam taxes pay cheyaali.. transit taxes via ee country eltee aa country taxes kuda pay cheyaali..antaa..

basically we'll be working for free antaa..

desam lo land buying cheyalem antaaa..

inko konni antaa's tho malli mee munduki vostaanu .. waiting cheyandi




No double tax. But US tax pay seyyaaali

India lo income ki pay sesina tax ki US vaadu credit isthaadu
No Signature
 

Bunty717
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Posted on Friday, February 19, 2016 - 12:08 pm:       


Kuyyo_morro:

thellolla di em poindi. ennaina cheptharu. desis ni vadileyamanu citizenship or gc or even a PD, appudu thelusthadi R2I vs US.




papi kurrod thrd ki kangaaru etehees..

nuvvu desam R2I cheste with c'zhip.. you've file taxes in desam and US ante.. taxes file chestee .. taxes pay chesinattu kaadu ..

ee papi kurrod idigoo puli adigoo tokka type.. lite tesukoo..
 

Wellsfargo
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Posted on Friday, February 19, 2016 - 12:08 pm:       

evadadu cheppindi. Live example ikkada. It is a very smooth process. You are never double taxed. Happy gaa R2I cheyyindi. PP gallu emi raastharo ento. Rules are clear and straight forward.

For a common man

1. You need to file US taxes and it takes a few hours. You will be given credit of taxes you pay in India or you will be exempted if your Indian income is less than 103K dollars (much less time than filing taxes as US residents. Turbo tax undi)
2. Indian tax filing takes a few hours. This is even more easy as the software is free too.
3. andari laga ne June 30 lopala FBAR declaration cheyyali.
 

Rajin
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Posted on Friday, February 19, 2016 - 12:08 pm:       

 

Kuyyo_morro
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Posted on Friday, February 19, 2016 - 12:06 pm:       

thellolla di em poindi. ennaina cheptharu. desis ni vadileyamanu citizenship or gc or even a PD, appudu thelusthadi R2I vs US.
 

Bunty717
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Posted on Friday, February 19, 2016 - 12:05 pm:       

US taxes pay cheyaali,, desam taxes pay cheyaali.. transit taxes via ee country eltee aa country taxes kuda pay cheyaali..antaa..

basically we'll be working for free antaa..

desam lo land buying cheyalem antaaa..

inko konni antaa's tho malli mee munduki vostaanu .. waiting cheyandi..
 

Emc2
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Posted on Friday, February 19, 2016 - 12:05 pm:       

bongem kadu, double taxing ani evadu cheppadu?

and evadu taxes pay chesedi india lo
 

Starc
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Posted on Friday, February 19, 2016 - 12:03 pm:       

dabbulenodiki inka kastam anukunta..

india lo work cheste india and usa taxes disclose cheyyali anta.. plus wife indian ayina disclose cheyyali anta..
 

Rajusk
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Posted on Friday, February 19, 2016 - 12:02 pm:       


Starc:

disclosing properties account.




no need to disclose to US (IRS)..
 

Bunty717
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Posted on Friday, February 19, 2016 - 12:02 pm:       

amooo.. chaaala scary baaboooii..kiki
 

Andhrawala
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Posted on Friday, February 19, 2016 - 12:02 pm:       

Dabbunnodiki USC anavasaram.
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Starc
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Posted on Friday, February 19, 2016 - 11:59 am:       

Chala mandini adigithe USA citizeship vassaka india ki move avutham ani antaru.... but that is the worst thing ani ippude telisindi.. double taxing.. disclosing properties account. vammo entidhi?

live stories chuste bayam avutundi
http://money.cnn.com/gallery/pf/2014/03/10/expat-taxes-citiz enship/?iid=EL

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