India Lo Mana Peru Meedha Unna Account Lo Vache Interest Income.....

[Yuva Nataratna]

India lo bank account mana name meedha unte, aa account tho 2015 lo interest valla vachina income amount ni present tax returns lo report cheyyala.... suppose oka $500 interest vachindi ani report chesthe normal returns nunchi aa $500 minus chesi remaining amount vasthunda or will there be a percentage.....FBAR ippude file cheyyatledhu, may lo chestha....

[alpachinao]

India lo e account uncle? Savings account?

[Yuva Nataratna]

India lo e account uncle? Savings account?

yea savings....

[vasu123]

40% tax estaru interest amount meeda. Schedule B lo untadi. 500 lo 200 kattali.

Evaru mention cheyaru unless ur gc holder. Actual ga ayithe cheyyali but fbar lo mention cheyakapothe lite theesko. Anavasaram ga bhayapetti dabbulu lagutunnaru us vallu, manam h1 visa vallam manakenduku ivanni.

[Yuva Nataratna]

40% tax estaru interest amount meeda. Schedule B lo untadi. 500 lo 200 kattali.

Evaru mention cheyaru unless ur gc holder. Actual ga ayithe cheyyali but fbar lo mention cheyakapothe lite theesko. Anavasaram ga bhayapetti dabbulu lagutunnaru us vallu, manam h1 visa vallam manakenduku ivanni.

thanks... fbar lo manam just total amount cheptham kadha, interest gurinchi kooda untada fbar lo....

[alpachinao]

yea savings....

I don't think so uncle because your paying taxes on interest bank tds generate chestundi ga
my guess I m not expert

[vasu123]

thanks... fbar lo manam just total amount cheptham kadha, interest gurinchi kooda untada fbar lo....

Ante account number and amount chebtav kada more than $10k untay kada, they know we get interest in india banks. Fbar file chesthe tax returns lo interest kooda chebte better. Or fbar lite lelo and interest report in tax filing also lite lelo.

Lite theesko interest avi em cheppaku lite. Future lo vadu find chesina ah interest ki tax adugutadu anthe but find emi cheyaru man nee okkkadi account. Nenu lite theesukuntunna.india banks 1099 forms kooda em ivvavu and bank year india lo april-march untadi not like usa.

[Yuva Nataratna]

Ante account number and amount chebtav kada more than $10k untay kada, they know we get interest in india banks. Fbar file chesthe tax returns lo interest kooda chebte better. Or fbar lite lelo and interest report in tax filing also lite lelo.

Lite theesko interest avi em cheppaku lite. Future lo vadu find chesina ah interest ki tax adugutadu anthe but find emi cheyaru man nee okkkadi account. Nenu lite theesukuntunna.india banks 1099 forms kooda em ivvavu and bank year india lo april-march untadi not like usa.

thank you....