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Zulu
Hero Username: Zulu
Post Number: 12328 Registered: 02-2008 Posted From: 199.168.243.252
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 06:44 pm: |
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Maverick:even atleast 1 day andulo more than 10K unte report cheyyali..
OUT! Thadimattayya out.. btw thanks marv..ne peru cheppukuni file chestha |
   
Banda
Junior Artist Username: Banda
Post Number: 175 Registered: 08-2008 Posted From: 65.208.22.16
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 05:16 pm: |
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thanks guys.. site lo check chesa 2011 yr ki exchange rate is 51.25 aggregate. nenu safe, no need to file so any time mee acc lo >= 512,500.00 unte you need to report fbar |
   
Thearchitect
Junior Artist Username: Thearchitect
Post Number: 383 Registered: 11-2010 Posted From: 12.96.120.12
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 04:22 pm: |
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Banda:Mav, ivi only NRE ki applicable aa...
Here U go! Bandaa!! Report of Foreign Bank and Financial Accounts If you have a financial interest in or signature authority over a foreign financial account, including a bank account, brokerage account, mutual fund, trust, or other type of foreign financial account, the Bank Secrecy Act may require you to report the account yearly to the Internal Revenue Service by filing Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR). Who Must File an FBAR United States persons are required to file an FBAR if: 1. The United States person had a financial interest in or signature authority over at least one financial account located outside of the United States; and 2. The aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year to be reported. United States person means United States citizens; United States residents; entities, including but not limited to, corporations, partnerships, or limited liability companies created or organized in the United States or under the laws of the United States; and trusts or estates formed under the laws of the United States. Anger and intolerance are the enemies of correct understanding. -Mahatma Gandhi
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Ipad
Junior Artist Username: Ipad
Post Number: 827 Registered: 03-2011 Posted From: 12.10.219.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 04:16 pm: |
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Banda:
Ledu Babi - being any NRI, all types of accounts aggregated (excelt the ones you have joint with your parents) for $10,000.00 any time in financial year need to be mentioned. it includes, SB,FD,checking , even trading accounts, which are on your name |
   
Banda
Junior Artist Username: Banda
Post Number: 174 Registered: 08-2008 Posted From: 65.208.22.16
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 04:12 pm: |
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Mav, ivi only NRE ki applicable aa... NRO ayithe funding can be from India too kadha, so adi ela report chestham.. nre ayithe local office untundi kabatti eerrss track cheyyocchu, as only $ lone kadha.. nre lo rupees kadha, veedu ela track chestharu...for example naaku axis bank undi,.NRO ...why would axis bank give that info to eerrsss? |
   
Moviefan84
Side Hero Username: Moviefan84
Post Number: 5795 Registered: 10-2008 Posted From: 150.148.0.65
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:52 pm: |
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actually, ee fabar last few years nunchi vundi.. no body is following. anduke irs konchem strict ayindi ee madhya.. anthaku mundu seyyanollaki ovd ani edo voluntary prog pettaru. indian banks ni kuda nri accounts meeda enquire chestunnaarani aa madhya rediff lo sadivaa.. they mentioned about hdfc or hsbc bank. then bank customers ki warning signal pampindi ata. |
   
Moviefan84
Side Hero Username: Moviefan84
Post Number: 5794 Registered: 10-2008 Posted From: 150.148.0.65
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:48 pm: |
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Chillarodu:30/12 available balance 12lakhs 31/12 available balance 2 lacks gandhaa.. ante next roju more than $10,000 balance ledhu gaa?
babaii.. entha theesaavu ani kaadu.. entha vesaavu anedi mukhyam.. 365 days zero balance vundi, okkaroju 10k vunnaa report seyyaali.. as per the guidelines. |
   
Kurrokurru
Junior Artist Username: Kurrokurru
Post Number: 968 Registered: 01-2008 Posted From: 72.43.252.206
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:43 pm: |
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Maverick:any amount more than 10000$ in a single account..
ee amount cross kaaka pothe problem ledhu kada |
   
Chillarodu
Comedian Username: Chillarodu
Post Number: 1891 Registered: 03-2008 Posted From: 129.64.8.185
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:42 pm: |
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Moviefan84:Gun shot gaa seyyaali.. balance okka roju 10k usd daatinaa seyyali.
Chillarodu:30/12 available balance 12lakhs 31/12 available balance 2 lacks gandhaa.. ante next roju more than $10,000 balance ledhu gaa?
A diamond with a flaw is better than a common stone that is perfect. |
   
Moviefan84
Side Hero Username: Moviefan84
Post Number: 5793 Registered: 10-2008 Posted From: 150.148.0.65
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:41 pm: |
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ee bar file seyyakapothe, vunkul saam pattukunte 250k varaki penalty or zailu anta. okkosaari rendu kudaa.. |
   
Moviefan84
Side Hero Username: Moviefan84
Post Number: 5792 Registered: 10-2008 Posted From: 150.148.0.65
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:38 pm: |
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Chillarodu:VAlue date Trans Date Cr/Dbt Amount Available balance 30/12/2011 30/12/2011 Cr 6,00,000.00 6,20,789.00 30/12/2011 30/12/2011 Cr 6,00,000.00 12,20,789.00 31/12/2011 31/12/2011 Dr 9,90,000.00 2,30,789.00
Gun shot gaa seyyaali.. balance okka roju 10k usd daatinaa seyyali. |
   
Maverick
Legend Username: Maverick
Post Number: 38772 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:34 pm: |
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yeah..aggregated value not single..my bad Who is this DB member? |
   
Moviefan84
Side Hero Username: Moviefan84
Post Number: 5791 Registered: 10-2008 Posted From: 150.148.0.65
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:33 pm: |
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Maverick:any amount more than 10000$ in a single account..
single account kaadu.. aggregate balance of all your accounts at any point of time 10k ki cross ayithe report cheyyaali. ante.. oka acc lo 5k inko acc lo 5k vunnaaa kuda. |
   
Maverick
Legend Username: Maverick
Post Number: 38769 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:32 pm: |
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>>joint acc undhi for ex father added10k in india, it is not sent from usa light teesuko.. Who is this DB member? |
   
Cyberabadsinnodu
Side Hero Username: Cyberabadsinnodu
Post Number: 3260 Registered: 02-2010 Posted From: 166.147.104.146
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:30 pm: |
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Maverick:
u did npt answer my kochen mav joint acc undhi for ex father added10k in india, it is not sent from usa appudu??? ఎంత చికాగో యునివర్సిటీ లో చదువుకున్నా చిలక్కొట్టుడికి సరైన ఇంగ్లీషు పదం దొరుకుతుందా..!! |
   
Maverick
Legend Username: Maverick
Post Number: 38765 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:19 pm: |
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>>1. currently i have more than 10 lakh in 2 of my ICICI banks accounts in INDIA in the form of FDs and SB accountss 2. No Money in NRE account my wife has same situation..i am declaring..its not a nre account..regular fixed..eeyyrrss doesnt give that explanation on resident or nre..just says foreign bank account..nenu last year kooda report chesa..rest nee istam Who is this DB member? |
   
Ipad
Junior Artist Username: Ipad
Post Number: 813 Registered: 03-2011 Posted From: 12.10.219.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:15 pm: |
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Maverick:
Just plain questions 1. currently i have more than 10 lakh in 2 of my ICICI banks accounts in INDIA in the form of FDs and SB accountss 2. No Money in NRE account Should i show all the above in FABAR THIS year ? |
   
Chillarodu
Comedian Username: Chillarodu
Post Number: 1889 Registered: 03-2008 Posted From: 129.64.8.185
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:14 pm: |
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Maverick:yes..1 day ekkuva unna cheyyali
30/12 available balance 12lakhs 31/12 available balance 2 lacks gandhaa.. ante next roju more than $10,000 balance ledhu gaa? A diamond with a flaw is better than a common stone that is perfect. |
   
Maverick
Legend Username: Maverick
Post Number: 38761 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:12 pm: |
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>>1. why should we show taxable account of INDIA , in US ? 2. Do we need to only show NRE account ? intent is for NRE accounts only..but eeyyrrrss ee type of account oo cheppaledu..andukani regular account unna pamputunna nenu. Who is this DB member? |
   
Emc2
Side Hero Username: Emc2
Post Number: 7714 Registered: 03-2008 Posted From: 199.107.16.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:12 pm: |
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Ipad:
dorikithe ithade.. cherapakura chedevu.
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Ipad
Junior Artist Username: Ipad
Post Number: 812 Registered: 03-2011 Posted From: 12.10.219.224
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:11 pm: |
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mAADAGGARA, OKADU kooda FABAR file cheyyatam ledu. Evari Idea ledu $10000, applies to resident accounts held by NRI ? 1. why should we show taxable account of INDIA , in US ? 2. Do we need to only show NRE account ? |
   
Maverick
Legend Username: Maverick
Post Number: 38760 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:10 pm: |
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>>Ippudu neenu file cheyyala? yes..1 day ekkuva unna cheyyali Who is this DB member? |
   
Chillarodu
Comedian Username: Chillarodu
Post Number: 1888 Registered: 03-2008 Posted From: 129.64.8.185
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:05 pm: |
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Chillarodu:naa account lo more than $10,000 oka roju vachi next day withdarw ayinaay. Ippudu neenu file cheyyala? VAlue date Trans Date Cr/Dbt Amount Available balance 30/12/2011 30/12/2011 Cr 6,00,000.00 6,20,789.00 30/12/2011 30/12/2011 Cr 6,00,000.00 12,20,789.00 31/12/2011 31/12/2011 Dr 9,90,000.00 2,30,789.00
baabbaabu evaranna seppundri.. A diamond with a flaw is better than a common stone that is perfect. |
   
Chillarodu
Comedian Username: Chillarodu
Post Number: 1887 Registered: 03-2008 Posted From: 129.64.8.185
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:02 pm: |
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Maverick:
naa account lo more than $10,000 oka roju vachi next day withdarw ayinaay. Ippudu neenu file cheyyala? VAlue date Trans Date Cr/Dbt Amount Available balance 30/12/2011 30/12/2011 Cr 6,00,000.00 6,20,789.00 30/12/2011 30/12/2011 Cr 6,00,000.00 12,20,789.00 31/12/2011 31/12/2011 Dr 9,90,000.00 2,30,789.00 A diamond with a flaw is better than a common stone that is perfect. |
   
Emc2
Side Hero Username: Emc2
Post Number: 7712 Registered: 03-2008 Posted From: 199.107.16.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 02:00 pm: |
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Andhrawala: HDFC/CITI vaadu 1099 pamputhunnnaadaaa?
yes.. cherapakura chedevu.
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Andhrawala
Hero Username: Andhrawala
Post Number: 13174 Registered: 03-2008 Posted From: 152.51.56.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:59 pm: |
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Emc2:kani technically on FD's in NRI/NRE accounts you have to pay taxes..HDFC/CITI vadu 1099int pampisthunnadu every year..
really. HDFC/CITI vaadu 1099 pamputhunnnaadaaa? Racha - second biggest hit Charan ke untademo antunnadu |
   
Siloan
Megastar Username: Siloan
Post Number: 25329 Registered: 03-2008 Posted From: 132.174.20.41
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:58 pm: |
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Bunty717:10K or < unte cheyavasaram ledu..more than 10K worth amount acc lo at any given point of time unte.. cheyaali.. idi baaatam line
thanks Guriginja(22896):jagan is chandraguptha mourya with the brain of koutilya. |
   
Bunty717
Moderator Username: Bunty717
Post Number: 27462 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:57 pm: |
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10K or < unte cheyavasaram ledu..more than 10K worth amount acc lo at any given point of time unte.. cheyaali.. idi baaatam line FB lo janalakunde desa bhakti border lo unde jawanlaku kuda undadu ':-D' --SnkrdadaMS
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Maverick
Legend Username: Maverick
Post Number: 38750 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:53 pm: |
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NRE account loki transfer chesevallu must ga report cheyyandi..general ACH xfers to regular accounts in india light anukovacchu..but reporting doesn't harm Who is this DB member? |
   
Emc2
Side Hero Username: Emc2
Post Number: 7710 Registered: 03-2008 Posted From: 199.107.16.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:53 pm: |
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Rajusk:over enthu tho anni reporting seyyakandi ani CPA ...advise..
ante audit chesinappudu ekkada dorike chances unnayo avi file chesthe saripothundi.. cherapakura chedevu.
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Emc2
Side Hero Username: Emc2
Post Number: 7709 Registered: 03-2008 Posted From: 199.107.16.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:52 pm: |
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Maverick:emc nre account kakapote double tax avutundi kada..how is that correct? anduke nre ki india lo no tax..usa lo tax..ee fds meeda india lo tax katti, usa lo kooda enduku kattali
nenu cheppedi oka vela audit vasthe problem,appudu explain cheyochu already taxes paid ani,but nre vs regular accounts meeda careful ga undandi.. cherapakura chedevu.
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Siloan
Megastar Username: Siloan
Post Number: 25326 Registered: 03-2008 Posted From: 132.174.20.41
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:51 pm: |
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account numbers maatram ettaku Guriginja(22896):jagan is chandraguptha mourya with the brain of koutilya. |
   
Idle_yzag
Legend Username: Idle_yzag
Post Number: 36047 Registered: 02-2008 Posted From: 198.80.144.187
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:51 pm: |
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Siloan:
Kola ni kanukoni sebutha  RahulGandhi/JP/Chiru |
   
Siloan
Megastar Username: Siloan
Post Number: 25325 Registered: 03-2008 Posted From: 132.174.20.41
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:50 pm: |
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idly babai swiss khaatas ki exception vuntada Guriginja(22896):jagan is chandraguptha mourya with the brain of koutilya. |
   
Kdnumber1
Hero Username: Kdnumber1
Post Number: 15859 Registered: 02-2009 Posted From: 50.73.197.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:49 pm: |
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Idle_yzag: nen pampakarledhu, at given point 2011 lo naku >10k$ levvuuu
antha halwa aite...eda vuntay banki lo
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Idle_yzag
Legend Username: Idle_yzag
Post Number: 36046 Registered: 02-2008 Posted From: 198.80.144.187
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:49 pm: |
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Maverick:
na savings account lo vunnai eppudu april lo, vadiki yela thelusthundi savings account lovi, vunnai ooo vadeskunnama ani RahulGandhi/JP/Chiru |
   
Maverick
Legend Username: Maverick
Post Number: 38749 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:49 pm: |
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>> kani technically on FD's in NRI/NRE accounts you have to pay taxes..HDFC/CITI vadu 1099int pampisthunnadu every year.. yes, it applies to nri,nres only..i fu have resident account opened before u came to usa..regular fixed deposit lantidi unte, that doesnt come under nre nri..alantivi report cheyyakarledu..king that is the difference Who is this DB member? |
   
Rajusk
Megastar Username: Rajusk
Post Number: 22365 Registered: 02-2008 Posted From: 192.234.99.11
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:49 pm: |
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Emc2:
2011 tax year nunchi ..illu unte declare seyyamantunnaru..JLT.. daaniki eppudo fitting pedtharu.. basically anni sides nunchi corner sesthunnar..plus mana IT vallu kooda co-operation lo non-coperation sesthunnar...jagarthaga undali over enthu tho anni reporting seyyakandi ani CPA ...advise.. |
   
Maverick
Legend Username: Maverick
Post Number: 38748 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:48 pm: |
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emc nre account kakapote double tax avutundi kada..how is that correct? anduke nre ki india lo no tax..usa lo tax..ee fds meeda india lo tax katti, usa lo kooda enduku kattali Who is this DB member? |
   
Emc2
Side Hero Username: Emc2
Post Number: 7706 Registered: 03-2008 Posted From: 199.107.16.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:47 pm: |
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Maverick:recurring aite income ela avutundi..unless u withdraw? aina fabar lo fds ani undadu..its a bank account thats all..india fd income ki akkada tax, ikkada tax..double taxation undadu.
FBAR is just a compliance we are filing, kani technically on FD's in NRI/NRE accounts you have to pay taxes..HDFC/CITI vadu 1099int pampisthunnadu every year.. oka vela IRS looks at it then it is problem ,other wise it is ok.. cherapakura chedevu.
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Cyberabadsinnodu
Side Hero Username: Cyberabadsinnodu
Post Number: 3259 Registered: 02-2010 Posted From: 166.147.104.144
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:47 pm: |
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Maverick:
aa 5 lachal manam ampakunda indoa lo valla owm ga sampayincji aa joint acc lo unchakoodadha?? ఎంత చికాగో యునివర్సిటీ లో చదువుకున్నా చిలక్కొట్టుడికి సరైన ఇంగ్లీషు పదం దొరుకుతుందా..!! |
   
Sashasaurav
Side Hero Username: Sashasaurav
Post Number: 6817 Registered: 01-2009 Posted From: 75.103.12.53
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:46 pm: |
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Maverick: IDBI if it has more than 10K USD at any point of the year
Thanks annai max 1K -1.5 K untaai ... So we need to report only if u have 10 K .. Thx got it Jai TDP .. Jai Jai TDP .. |
   
Maverick
Legend Username: Maverick
Post Number: 38746 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:45 pm: |
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>>.also we never have >10k usd akkarledu Who is this DB member? |
   
Emc2
Side Hero Username: Emc2
Post Number: 7705 Registered: 03-2008 Posted From: 199.107.16.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:45 pm: |
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Cyberabadsinnodu:mav india lo sbi joint acc undi me n my father name andulo ki nenu eppudu money pampa ledhu...also we never have >10k usd now tell me do i have to file?
no cherapakura chedevu.
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Maverick
Legend Username: Maverick
Post Number: 38745 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:45 pm: |
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>>that is not right,ikkada FD's ki every year 1099int pampisthadu,same with india.. recurring aite income ela avutundi..unless u withdraw? aina fabar lo fds ani undadu..its a bank account thats all..india fd income ki akkada tax, ikkada tax..double taxation undadu.. Who is this DB member? |
   
Cyberabadsinnodu
Side Hero Username: Cyberabadsinnodu
Post Number: 3258 Registered: 02-2010 Posted From: 166.147.104.144
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:44 pm: |
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Maverick:
mav india lo sbi joint acc undi me n my father name andulo ki nenu eppudu money pampa ledhu...also we never have >10k usd now tell me do i have to file? ఎంత చికాగో యునివర్సిటీ లో చదువుకున్నా చిలక్కొట్టుడికి సరైన ఇంగ్లీషు పదం దొరుకుతుందా..!! |
   
Idle_yzag
Legend Username: Idle_yzag
Post Number: 36045 Registered: 02-2008 Posted From: 198.80.144.187
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:43 pm: |
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nen pampakarledhu, at given point 2011 lo naku >10k$ levvuuu RahulGandhi/JP/Chiru |
   
King
Side Hero Username: King
Post Number: 3371 Registered: 08-2008 Posted From: 208.185.201.194
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:43 pm: |
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Maverick:most fds if u r keeping on renewing them the income earned is not true income. withdraw cheyyakapote ok no need to report interest.
vaake..nenu safe Ashton - I'm living an Amish lifestyle. so far so good. |
   
Emc2
Side Hero Username: Emc2
Post Number: 7704 Registered: 03-2008 Posted From: 199.107.16.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:42 pm: |
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Maverick:most fds if u r keeping on renewing them the income earned is not true income. withdraw cheyyakapote ok no need to report interest.
that is not right,ikkada FD's ki every year 1099int pampisthadu,same with india.. cherapakura chedevu.
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Maverick
Legend Username: Maverick
Post Number: 38744 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:41 pm: |
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most fds if u r keeping on renewing them the income earned is not true income. withdraw cheyyakapote ok no need to report interest. Who is this DB member? |
   
Emc2
Side Hero Username: Emc2
Post Number: 7703 Registered: 03-2008 Posted From: 199.107.16.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:41 pm: |
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Idiot1:5 laks ela decide chethaam. last year dollar rate intha ledu kada.
IRS vadu irs site lo exchange rate peduthunnadu, aggregate per year chudandi.. cherapakura chedevu.
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Emc2
Side Hero Username: Emc2
Post Number: 7702 Registered: 03-2008 Posted From: 199.107.16.132
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:40 pm: |
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King:I did not pay any tax in US on the interest accumulated on FD's as I was already taxed in India
FBAR and your taxes are 2 different things... And yes you are liable to pay taxes,if you haven't paid the taxes on interest still you can file amended tax returns with penalties.. cherapakura chedevu.
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King
Side Hero Username: King
Post Number: 3367 Registered: 08-2008 Posted From: 208.185.201.194
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:40 pm: |
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Maverick:ee year ki ivvu chalu..aa form lo anta details emi undav..just account number, bank name etc..and amount
thx Ashton - I'm living an Amish lifestyle. so far so good. |
   
Maverick
Legend Username: Maverick
Post Number: 38742 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:38 pm: |
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>>I had this account from 2009..so appatinunchi information ivvala..and if i disclose for this year, I did not pay any tax in US on the interest accumulated on FD's as I was already taxed in India ee year ki ivvu chalu..aa form lo anta details emi undav..just account number, bank name etc..and amount Who is this DB member? |
   
King
Side Hero Username: King
Post Number: 3366 Registered: 08-2008 Posted From: 208.185.201.194
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:37 pm: |
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Maverick:King, ippudu cheste chalu..maree old accounts tavvutaru anukonu..
I had this account from 2009..so appatinunchi information ivvala..and if i disclose for this year, I did not pay any tax in US on the interest accumulated on FD's as I was already taxed in India Ashton - I'm living an Amish lifestyle. so far so good. |
   
Idiot1
Side Hero Username: Idiot1
Post Number: 2339 Registered: 07-2008 Posted From: 199.245.32.210
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:36 pm: |
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5 laks ela decide chethaam. last year dollar rate intha ledu kada. |
   
Farmer
Side Hero Username: Farmer
Post Number: 2729 Registered: 03-2012 Posted From: 74.63.112.144
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:34 pm: |
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Onlytruth:
dabbulu vunte report cheyali...appulu vunte sesedhi enti sinthakai |
   
Kdnumber1
Hero Username: Kdnumber1
Post Number: 15858 Registered: 02-2009 Posted From: 50.73.197.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:33 pm: |
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ee taadu IRS vadu susi kummali...evarevariki enni a/c lo vunnayo anni seppestunnaru...kikiki |
   
Maverick
Legend Username: Maverick
Post Number: 38741 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:33 pm: |
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>>Parag Patel clear ga akkada residents ante parag patel cheppedi enti..irs vallu pattukunte parag patel peru cheptama? King, ippudu cheste chalu..maree old accounts tavvutaru anukonu.. Who is this DB member? |
   
Kdnumber1
Hero Username: Kdnumber1
Post Number: 15857 Registered: 02-2009 Posted From: 50.73.197.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:33 pm: |
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Sashasaurav: IDBI bank account checks tho pay chesthaanu every month
5 lachal vunnaya a rojanna aa a/c...vunte seyyi lkapote akkarledu |
   
Farmer
Side Hero Username: Farmer
Post Number: 2728 Registered: 03-2012 Posted From: 74.63.112.144
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:32 pm: |
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Maverick:if u have 4 or 5 fixed deposits spread across equally totaling 30 lacs-40 lacs u may not declare.
Maverick: and The aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year to be reported.
?????? |
   
Maverick
Legend Username: Maverick
Post Number: 38740 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:31 pm: |
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>>2) Or just one is fine .. If yes what bank IDBI if it has more than 10K USD at any point of the year Who is this DB member? |
   
King
Side Hero Username: King
Post Number: 3365 Registered: 08-2008 Posted From: 208.185.201.194
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:31 pm: |
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I have couple of SBI accounts whrere I have FD's. I never filed FBAR. Will there be penalitied if I file now and should I pay my old dues also. FYI-I had TDS on those FD's Ashton - I'm living an Amish lifestyle. so far so good. |
   
Rajusk
Megastar Username: Rajusk
Post Number: 22361 Registered: 02-2008 Posted From: 192.234.99.11
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:31 pm: |
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Onlytruth:h1 aina gc aina citizen aina
anumanam unte ..Parag Patel Tax attorney ki kwalling sesuko.. |
   
Sashasaurav
Side Hero Username: Sashasaurav
Post Number: 6816 Registered: 01-2009 Posted From: 75.103.12.53
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:31 pm: |
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Maverick:
Annai naaku india lo axis bank lo loan undi .. aa Axis bank lo loan ni IDBI bank account checks tho pay chesthaanu every month .. IDBI bank account kuda naa peru midha undi .. axis lo loan kuda naa peru midha undi.. 1) Do i need to report both 2) Or just one is fine .. If yes what bank 3) None ? Jai TDP .. Jai Jai TDP .. |
   
Maverick
Legend Username: Maverick
Post Number: 38739 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:30 pm: |
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id=148849%2C00.html,http://www.irs.gov/businesses/small/arti cle/0,,id=148849,00.html Who is this DB member? |
   
Maverick
Legend Username: Maverick
Post Number: 38738 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:30 pm: |
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>> nenu oka FBAR specialist ni adigithe...moosukoni koorcho unless you are Citizen annadu..nenu appatinunchi moosukonna. evaru raju garu..clear ga residents ani undi ga Who Must File an FBAR United States persons are required to file an FBAR if: The United States person had a financial interest in or signature authority over at least one financial account located outside of the United States; and The aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year to be reported. United States person means United States citizens; United States residents; entities, including but not limited to, corporations, partnerships, or limited liability companies created or organized in the United States or under the laws of the United States; and trusts or estates formed under the laws of the United States. Who is this DB member? |
   
Rajusk
Megastar Username: Rajusk
Post Number: 22359 Registered: 02-2008 Posted From: 192.234.99.11
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:28 pm: |
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Onlytruth:i am h1
nenu oka FBAR specialist ni adigithe...moosukoni koorcho unless you are Citizen annadu..nenu appatinunchi moosukonna. |
   
Maverick
Legend Username: Maverick
Post Number: 38737 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:28 pm: |
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ot 10K kante ekkuva ante 5 lacs above unte cheyyali..h1 aina gc aina citizen aina Who is this DB member? |
   
Maverick
Legend Username: Maverick
Post Number: 38736 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:27 pm: |
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bunty this is for 2011..2011 lo any single day if u had more than 10k in a outside usa account on ur name u have to report..ee year di next year lopala cheyyali Who is this DB member? |
   
Onlytruth
Legend Username: Onlytruth
Post Number: 103407 Registered: 01-2007 Posted From: 71.169.0.179
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:26 pm: |
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i have housing loan account , NRO account in india - andhra bank plus ikkadaki vache mundhu eppudo open jesina hdfc account undhi vaatillo balance em ledhu appulu(housing) tappa nenu report seyyaala ee FABAR or whatever ? seyyakapote etavutundhi ? i am h1 |
   
Bunty717
Moderator Username: Bunty717
Post Number: 27461 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:26 pm: |
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idi clarify cheyandi.. idi 2011 returns aa.. ala ayite nenu lite tesukovochu.. 2012 june varuku chesina tran's chustaadu ante.. cheayaali .. beegi edo okkati chepandi.. FB lo janalakunde desa bhakti border lo unde jawanlaku kuda undadu ':-D' --SnkrdadaMS
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Maverick
Legend Username: Maverick
Post Number: 38734 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:23 pm: |
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>>idi elaa.. taxed money ne kada manam transfer chestaam.. taxed ani gaurentee enti..hawala madiri setting chesaru edo..also nre meeda interest usa lo taxable. Who is this DB member? |
   
Idiot1
Side Hero Username: Idiot1
Post Number: 2337 Registered: 07-2008 Posted From: 199.245.32.210
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:23 pm: |
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Idle_yzag:U.S. Taxpayer Identification Number ante SSN no aa? Page 2 kuda fill cheyala manam?
neeku oka form saripodemo  |
   
Maverick
Legend Username: Maverick
Post Number: 38733 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:22 pm: |
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>>ante ippudu 7K e wk lo ampi next week with draw sesi...aa pai inko 7K ampi with draw seste no need to file kadaa >>account mana peru meeda vundi, andulo any day 10K lekapothe declare cheyyakarledaa?? akkarledu.. Who is this DB member? |
   
Bunty717
Moderator Username: Bunty717
Post Number: 27460 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:22 pm: |
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Maverick:aa madhya NRE loki dabbulu move chesi tax eggottaru mana desi junta high players..
idi elaa.. taxed money ne kada manam transfer chestaam.. FB lo janalakunde desa bhakti border lo unde jawanlaku kuda undadu ':-D' --SnkrdadaMS
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Maverick
Legend Username: Maverick
Post Number: 38732 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:21 pm: |
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>>Page 2 kuda fill cheyala manam? neeku multiple accounts unte fill cheyyali..neeku untai le..yes ssn or itin Who is this DB member? |
   
Kdnumber1
Hero Username: Kdnumber1
Post Number: 15856 Registered: 02-2009 Posted From: 50.73.197.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:21 pm: |
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Idle_yzag: U.S. Taxpayer Identification Number ante SSN no aa?
SSN veru...TIN veru....SSN vunte saalu, SSN leni vallu TIN ki apply sesi adi ettali |
   
Maverick
Legend Username: Maverick
Post Number: 38731 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:21 pm: |
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>>per year naa annai? yes..every year >>enduku idi.. manam info sharing..vallu info getting antenaa.. info gathering..and watching..aa madhya NRE loki dabbulu move chesi tax eggottaru mana desi junta high players.. Who is this DB member? |
   
Idle_yzag
Legend Username: Idle_yzag
Post Number: 36044 Registered: 02-2008 Posted From: 198.80.144.187
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:21 pm: |
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Kdnumber1:
Maverick:
U.S. Taxpayer Identification Number ante SSN no aa? Page 2 kuda fill cheyala manam? RahulGandhi/JP/Chiru |
   
Kdnumber1
Hero Username: Kdnumber1
Post Number: 15855 Registered: 02-2009 Posted From: 50.73.197.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:20 pm: |
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Bunty717:vaarni avunaa.. acc wifey name meeda undi.. enduku idi.. manam info sharing..vallu info getting antenaa.. eti chestaaru ee info tho
manam amerika ni etta nakestunnamo seputaru future lo
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Funny
Side Hero Username: Funny
Post Number: 4148 Registered: 08-2008 Posted From: 65.165.4.60
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:20 pm: |
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Maverick:account nee peru meeda undi..even atleast 1 day andulo more than 10K unte report cheyyali..
account mana peru meeda vundi, andulo any day 10K lekapothe declare cheyyakarledaa?? Take it easy |
   
Kdnumber1
Hero Username: Kdnumber1
Post Number: 15854 Registered: 02-2009 Posted From: 50.73.197.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:20 pm: |
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Maverick: account nee peru meeda undi..even atleast 1 day andulo more than 10K unte report cheyyali..
ante ippudu 7K e wk lo ampi next week with draw sesi...aa pai inko 7K ampi with draw seste no need to file kadaa |
   
Idiot1
Side Hero Username: Idiot1
Post Number: 2334 Registered: 07-2008 Posted From: 199.245.32.210
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:20 pm: |
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Bunty717:2012 ki june 30th lopala file cheyalaa..
2012 ki ippude leaa file chestaavu?  |
   
Bunty717
Moderator Username: Bunty717
Post Number: 27459 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:19 pm: |
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Maverick:account nee peru meeda undi..even atleast 1 day andulo more than 10K unte report cheyyali..
vaarni avunaa.. acc wifey name meeda undi.. enduku idi.. manam info sharing..vallu info getting antenaa.. eti chestaaru ee info tho FB lo janalakunde desa bhakti border lo unde jawanlaku kuda undadu ':-D' --SnkrdadaMS
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Sachin
Megastar Username: Sachin
Post Number: 29975 Registered: 04-2008 Posted From: 209.249.19.126
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:19 pm: |
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Maverick:any amount more than 10000$ in a single account..
per year naa annai? share ki gross ki thedaa theliyakapothenemi..daatar maaya box office disco lo iragadeesthaaadu... ki ki ki ... |
   
Maverick
Legend Username: Maverick
Post Number: 38729 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:17 pm: |
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>>mav.. 10k ampemu kaani.. adi RE investment anukoo eti cheyaali.. account nee peru meeda undi..even atleast 1 day andulo more than 10K unte report cheyyali.. Who is this DB member? |
   
Bunty717
Moderator Username: Bunty717
Post Number: 27458 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:16 pm: |
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Maverick:any amount more than 10000$ in a single account..
mav.. 10k ampemu kaani.. adi RE investment anukoo eti cheyaali.. ee NRE/NRO lo emi FD's levu still cheyalaa.. FB lo janalakunde desa bhakti border lo unde jawanlaku kuda undadu ':-D' --SnkrdadaMS
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Maverick
Legend Username: Maverick
Post Number: 38726 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:15 pm: |
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>>idi every year seyyala Tax filing laaga yes, every year.. Who is this DB member? |
   
Maverick
Legend Username: Maverick
Post Number: 38725 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:14 pm: |
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june 30th lopala reach avvali..so weekend post cheyyandi..its mandatory if u have a foreign account(bank,fixed deposit,nre etc) on ur name and signature authority on those..parents peru meeda meeru accopunts maintain chesi india to usa xfer kodite ok..but if u r doing to ur own account, u have to declare.. cheyyakapote hefty fines...just print out teesi..account numbers avi vesi post cheyyatame..dont neglect any amount more than 10000$ in a single account.. if u have 4 or 5 fixed deposits spread across equally totaling 30 lacs-40 lacs u may not declare. Who is this DB member? |
   
Bunty717
Moderator Username: Bunty717
Post Number: 27457 Registered: 02-2008
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:11 pm: |
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Maverick:June 30th lopala
2012 ki june 30th lopala file cheyalaa.. eti deeni katha..manam ampemu kaani akkada guddule ettaledu anuko.. still vellaki inform cheyalaa FB lo janalakunde desa bhakti border lo unde jawanlaku kuda undadu ':-D' --SnkrdadaMS
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Kdnumber1
Hero Username: Kdnumber1
Post Number: 15852 Registered: 02-2009 Posted From: 50.73.197.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:11 pm: |
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it is so simpulu http://www.irs.gov/pub/irs-pdf/f90221.pdf fill it and send to Department of the Treasury Post Office Box 32621 Detroit, MI 48232-0621 |
   
Emc2
Side Hero Username: Emc2
Post Number: 7700 Registered: 03-2008 Posted From: 71.246.229.243
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:10 pm: |
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ya cheyyali marchipoya nenu kuda,thanks for reminder.. cherapakura chedevu.
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Kdnumber1
Hero Username: Kdnumber1
Post Number: 15851 Registered: 02-2009 Posted From: 50.73.197.253
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:09 pm: |
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Maverick:FABAR reminder
idi every year seyyala Tax filing laaga |
   
Maverick
Legend Username: Maverick
Post Number: 38724 Registered: 01-2008 Posted From: 204.86.209.200
Rating: N/A Votes: 0 (Vote!) | | Posted on Wednesday, June 20, 2012 - 01:05 pm: |
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June 30th lopala Who is this DB member? |