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Rajusk
Legend Username: Rajusk
Post Number: 56183 Registered: 02-2008 Posted From: 170.74.231.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 04:25 pm: |
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Twitter:nen already taxes filed ,ninna hsa a.c 1080 ochhindhi malli amend cheyochha ee sari naku dabbul refund ochhe chance undhi ..
out of syllabus quechen for me |
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Rajusk
Legend Username: Rajusk
Post Number: 56182 Registered: 02-2008 Posted From: 170.74.231.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 04:24 pm: |
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Rediff:income (interest) and foreign tax credit (withheld amount) gaa report cheste US Taxes lo fine aa .. or more involved?
saripothundi nothing more is needed |
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Rediff
Junior Artist Username: Rediff
Post Number: 794 Registered: 12-2006 Posted From: 204.64.147.236
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 04:23 pm: |
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over the year SBI bank vaadu withheld chesina amount sum and credit chesina interest sum chesi aa rentini okadaanini income (interest) and foreign tax credit (withheld amount) gaa report cheste US Taxes lo fine aa .. or more involved? |
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Moviebuff001
Side Hero Username: Moviebuff001
Post Number: 3251 Registered: 06-2013 Posted From: 76.31.114.171
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 04:18 pm: |
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Rajusk:NRO ki india lo file chesina..cheyyakapoyina..Tax will be deducted at source itself..ante you will be paying taxes anyways
Any tax paid on the return can be claimed as tax credit in US. Dual taxation lekunda India US ki agreement. |
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Twitter
Legend Username: Twitter
Post Number: 52414 Registered: 10-2009 Posted From: 66.194.212.162
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 04:17 pm: |
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in hte same thread nako doubt undhi seppandi.. nen already taxes filed ,ninna hsa a.c 1080 ochhindhi malli amend cheyochha ee sari naku dabbul refund ochhe chance undhi .. |
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Nservicebus
Junior Artist Username: Nservicebus
Post Number: 343 Registered: 03-2017 Posted From: 165.234.253.48
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 04:14 pm: |
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Moviebuff001:
Rajusk:
Vjawarrior:
thank you brother for your help. |
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Rajusk
Legend Username: Rajusk
Post Number: 56180 Registered: 02-2008 Posted From: 170.74.231.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 04:08 pm: |
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Nservicebus:NRE aithe us lo tax file cheyali with tds certificate, but India lo file cheyavalisina avasaram ledu . NRO aithe india lo file cheyali and we can show that in tax deductible to get deduction. e statements correctnena?
correct..with just additional info NRO ki india lo file chesina..cheyyakapoyina..Tax will be deducted at source itself..ante you will be paying taxes anyways |
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Moviebuff001
Side Hero Username: Moviebuff001
Post Number: 3250 Registered: 06-2013 Posted From: 76.31.114.171
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 04:05 pm: |
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Nservicebus:deposit in nre/nro account kada vallu enduku istaru
I have Citi NRE/NRO accounts since 2005. Every year valle istunnaru. We opened these accounts in US at a local branch. |
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Nservicebus
Junior Artist Username: Nservicebus
Post Number: 342 Registered: 03-2017 Posted From: 165.234.253.48
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 04:04 pm: |
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Rajusk:
NRE aithe us lo tax file cheyali with tds certificate, but India lo file cheyavalisina avasaram ledu . NRO aithe india lo file cheyali and we can show that in tax deductible to get deduction. e statements correctnena? |
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Rajusk
Legend Username: Rajusk
Post Number: 56174 Registered: 02-2008 Posted From: 170.74.231.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 03:56 pm: |
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Nservicebus:but here planning to deposit in nre/nro account kada vallu enduku istaru
vallu TDS Certificate istharu..use that and the conversion rate..and mention the bank name in 1040..khel khatam.. |
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Rajusk
Legend Username: Rajusk
Post Number: 56173 Registered: 02-2008 Posted From: 170.74.231.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 03:55 pm: |
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Vjawarrior:.do u need to report and pay tax in US on the ineterst earned
if it is NRO account -- this might actually reduce your tax burden in US.. because you are already taxed at 30% rate on NRO account if it is NRE account -- you have to report interest earned in India in 1040.. |
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Nservicebus
Junior Artist Username: Nservicebus
Post Number: 341 Registered: 03-2017 Posted From: 165.234.253.48
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 03:54 pm: |
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Moviebuff001:Earned Interest ki 1090-int form istaru end of the year. Adi report cheyyali US lo.
idi us bank lo deposit chesthe vache intrest/devidend aithe 1090-int vasthadi fill chesi pamputhamu. but here planning to deposit in nre/nro account kada vallu enduku istaru |
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Vjawarrior
Legend Username: Vjawarrior
Post Number: 30295 Registered: 02-2014 Posted From: 68.53.21.199
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 03:53 pm: |
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Rajusk: adi vonly FBAR FBAR has nothing to do with Foreign Tax earnings..
ohhhh....soo...even if u have 5k usd in nro...do u need to report and pay tax in US on the ineterst earned...i dont know this |
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Moviebuff001
Side Hero Username: Moviebuff001
Post Number: 3248 Registered: 06-2013 Posted From: 76.31.114.171
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 03:52 pm: |
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Earned Interest ki 1090-int form istaru end of the year. Adi report cheyyali US lo. If on any specific day in a tax year, the balance in the account exceeds 10K USD in value, you have to file FBAR. Conversion rate comes from end of year table from eyeaaryes |
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Rajusk
Legend Username: Rajusk
Post Number: 56169 Registered: 02-2008 Posted From: 170.74.231.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 03:48 pm: |
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Vjawarrior:.as far as I know u need to report only if more than 10k...
adi vonly FBAR FBAR has nothing to do with Foreign Tax earnings.. |
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Vjawarrior
Legend Username: Vjawarrior
Post Number: 30291 Registered: 02-2014 Posted From: 68.53.21.199
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 03:46 pm: |
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Rajusk: don't mislead feeful fleez
im not...as far as I know u need to report only if more than 10k... |
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Rajusk
Legend Username: Rajusk
Post Number: 56166 Registered: 02-2008 Posted From: 170.74.231.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 03:41 pm: |
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Vjawarrior:u need to report on tax form if amount more than 10k..no tax in india
don't mislead feeful fleez |
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Rajusk
Legend Username: Rajusk
Post Number: 56164 Registered: 02-2008 Posted From: 170.74.231.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 03:40 pm: |
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Nservicebus:I 'm an h1 holder and planning to open NRE/NRO account and do fixed deposit for interest rate, Do i need to pay taxes in both US & India?
the interest on NRE account FD is not taxable in India anukonta..but that interest earned in India has to be reported as foreign income in vomerica and you pay taxes the interest on NRO account FD is taxed at 30% rate in India..but that tax that you paid there..can be deducted from the taxes that you pay in the US here..as Foreign income tax paid..this might reduce your Tax burden in the US |
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Vjawarrior
Legend Username: Vjawarrior
Post Number: 30285 Registered: 02-2014 Posted From: 68.53.21.199
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 03:31 pm: |
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Nservicebus:Do i need to pay taxes in both US & India?
only in USA...u need to report on tax form if amount more than 10k..no tax in india |
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Nservicebus
Junior Artist Username: Nservicebus
Post Number: 339 Registered: 03-2017 Posted From: 165.234.253.48
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 19, 2017 - 03:29 pm: |
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I 'm an h1 holder and planning to open NRE/NRO account and do fixed deposit for interest rate, Do i need to pay taxes in both US & India? http://www.am22tech.com/us-tax-on-nre-interest e link lo vadu interest amt tax lo include cheyali antunnadu ga? same way india lo kooda tax file cheyali annaru mana db vallu. clarify ivvandi telisina vallu evarina? |