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Desam nundi how to bring money?

Chalanachithram.com DB » New TF Industry Related » Archive through April 18, 2019 » Desam nundi how to bring money? « Previous Next »
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Ramjirao
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Username: Ramjirao

Post Number: 1974
Registered: 02-2019
Posted From: 98.122.141.156

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Posted on Wednesday, April 17, 2019 - 08:52 pm:       

story below pre-dates the tax overhaul.

It’s official. For 2018, the estate and gift tax exemption is $5.6 million per individual, up from $5.49 million in 2017. That means an individual can leave $5.6 million to heirs and pay no federal estate or gift tax. A married couple will be able to shield north of $11 million ($11.2 million) from federal estate and gift taxes. And the annual gift exclusion amount is $15,000 for 2018—up from $14,000 where it’s been stuck since 2013.
 

Mano
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Username: Mano

Post Number: 2066
Registered: 07-2018
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Posted on Wednesday, April 17, 2019 - 08:46 pm:       


Ramjirao:

No tax for gifts upto million usd


antha ledhu
 

Njzero
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Username: Njzero

Post Number: 80
Registered: 09-2016
Posted From: 174.203.6.251

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Posted on Wednesday, April 17, 2019 - 08:36 pm:       

Cuddrawer lo fettukuni .....
 

King
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Username: King

Post Number: 3499
Registered: 08-2013
Posted From: 104.57.181.67

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Posted on Wednesday, April 17, 2019 - 06:36 pm:       


Scorpio:

Leagl money $250 K varaku theesukuraavochu / year



more than 100K you need to report if its a gift
 

King
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Username: King

Post Number: 3498
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Posted on Wednesday, April 17, 2019 - 06:35 pm:       

ask your parents to wire, per year/person 14K allowed.
 

Scorpio
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Posted on Wednesday, April 17, 2019 - 06:04 pm:       

Leagl money $250 K varaku theesukuraavochu / year
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Uno
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Username: Uno

Post Number: 5101
Registered: 03-2016
Posted From: 99.232.127.177

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Posted on Wednesday, April 17, 2019 - 05:08 pm:       


Kings:

Are you sure?




If you are married and filing jointly ..yearly tax exemption on gifts is around $30k and the life item exemption you can claim is max $11 million
(Subject to correction,if anything changed)
 

Kings
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Username: Kings

Post Number: 769
Registered: 04-2008
Posted From: 47.199.37.120

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Posted on Wednesday, April 17, 2019 - 04:54 pm:       


Ramjirao:

No tax for gifts upto million usd




Are you sure?
 

Ramjirao
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Username: Ramjirao

Post Number: 1969
Registered: 02-2019
Posted From: 166.137.248.48

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Posted on Wednesday, April 17, 2019 - 04:32 pm:       


Ustad:

Do one need to pay taxes here for such gift income?




No tax for gifts upto million usd
 

Ustad
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Username: Ustad

Post Number: 27397
Registered: 07-2008
Posted From: 76.169.161.29

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Posted on Wednesday, April 17, 2019 - 04:25 pm:       


Ramjirao:

gift for u or kids


Do one need to pay taxes here for such gift income?
I learned long ago, never to wrestle with a pig. You get dirty and besides, the pig likes it - George Bernard Shaw
 

Mahesh_fan
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Username: Mahesh_fan

Post Number: 25566
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Posted on Wednesday, April 17, 2019 - 02:59 pm:       

u can bring cask right 10k limit..
 

Ramjirao
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Username: Ramjirao

Post Number: 1967
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Posted on Wednesday, April 17, 2019 - 02:56 pm:       

Anji bhayya,

If ur father or brothers has good source of income, you can give the 10 lakhs to them and they can transfer money through bank saying it as gift for u or kids


As simple as that
 

Uno
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Username: Uno

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Posted on Wednesday, April 17, 2019 - 02:54 pm:       


Sri_anji:

so 10k not a problem?




> $10k the threshold that triggers compliance/reporting requirements of AML
You can get even $100k,but it you have to follow AML procedures at customs..like declaring source of the money,the money trial and end use (supported by documents)
 

Executor
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Username: Executor

Post Number: 1496
Registered: 04-2010
Posted From: 45.17.219.248

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Posted on Wednesday, April 17, 2019 - 02:43 pm:       


Sri_anji:

so 10k not a problem?




back pocket lo pettukuni teesuku ravochu royal ga
 

Sri_anji
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Username: Sri_anji

Post Number: 13101
Registered: 02-2008
Posted From: 20.133.14.254

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Posted on Wednesday, April 17, 2019 - 02:40 pm:       

so 10k not a problem?
The best Odarpu
 

Executor
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Username: Executor

Post Number: 1495
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Posted on Wednesday, April 17, 2019 - 02:36 pm:       

nenu $20k teesukocha last year india trip lo. tarvata telisindi. 10k limit is for entire party not individual passenger ani. but lucky ga evadu em check cheyaledu
 

Rao_garu
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Username: Rao_garu

Post Number: 82
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Posted on Wednesday, April 17, 2019 - 02:31 pm:       


Sri_anji:

process enti? not a huge amount....10L kante taakuva




wire cheyyamanu.... India lo ayyithe RTGS antaru... direct nee account ki vastai
 

Maverick
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Username: Maverick

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Posted on Wednesday, April 17, 2019 - 02:30 pm:       

bag lo dachukoni..flight ekkatame 10l ante
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

Vjawarrior
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Username: Vjawarrior

Post Number: 38439
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Posted on Wednesday, April 17, 2019 - 02:29 pm:       

hmmm..evaraina friends unte india lo inchi..ikkada dollars lo teesukondi....but pattubadithe ull be in trouble
Power starrrrrrrrrr will rockkkkkkkkkkkkk
 

Executor
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Username: Executor

Post Number: 1494
Registered: 04-2010
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Posted on Wednesday, April 17, 2019 - 02:29 pm:       

just bring cash when you go to india next time. you can carry up to $10k
 

Sri_anji
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Username: Sri_anji

Post Number: 13100
Registered: 02-2008
Posted From: 20.133.14.254

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Posted on Wednesday, April 17, 2019 - 02:26 pm:       


Seinfeld:




ok...what generally what is the process?
The best Odarpu
 

Seinfeld
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Username: Seinfeld

Post Number: 35449
Registered: 03-2008
Posted From: 199.101.6.250

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Posted on Wednesday, April 17, 2019 - 01:01 pm:       

antha thakkuva amount ayithe

india lo evarikanna ichi.. usa lo valla pillal deggara teesko dollars..
 

Sri_anji
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Username: Sri_anji

Post Number: 13099
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Posted on Wednesday, April 17, 2019 - 12:54 pm:       

process enti? not a huge amount....10L kante taakuva
The best Odarpu

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