Tax filing lo foreign income

[astalavistaa]

chupistunnaaraa. bank interest kuda chupinchalanta kadaa. 

nennu ippativaraku chupiyaledu. creditkarma lo option kuda ivvaledu vaadu

gc appudu chustaara ivanni 

[astalavistaa]

ltt

[paaparao]

Bank will send some form like 1095-INT if the bank is Citi even for foreign interest income. Otherwise if you have no form received and interest income more than $10, you can simply report this as additional income and keep statements for record.

[anna_eyyi]

12 hours ago, astalavistaa said:

chupistunnaaraa. bank interest kuda chupinchalanta kadaa. 

nennu ippativaraku chupiyaledu. creditkarma lo option kuda ivvaledu vaadu

gc appudu chustaara ivanni 

Yes inka you need to forget about gc  they will put you behind bars probably NYC jail anukonta. Hire some attorney and get anticipatory bail asap.

[astalavistaa]

4 minutes ago, anna_eyyi said:

Yes inka you need to forget about gc  they will put you behind bars probably NYC jail anukonta. Hire some attorney and get anticipatory bail asap.

yeah will do that on Monday. thanks bro 

[csrcsr]

13 hours ago, astalavistaa said:

chupistunnaaraa. bank interest kuda chupinchalanta kadaa. 

nennu ippativaraku chupiyaledu. creditkarma lo option kuda ivvaledu vaadu

gc appudu chustaara ivanni 

1095 forms emina isthe nuvu cheyakapothe bokka padtadi tarvtha audit etc ,

nee gc ki emi sambandham ledu bro unless you escape audit,  payment plan alantivi set chesukokunda

[astalavistaa]

6 minutes ago, csrcsr said:

1095 forms emina isthe nuvu cheyakapothe bokka padtadi tarvtha audit etc ,

nee gc ki emi sambandham ledu bro unless you escape audit,  payment plan alantivi set chesukokunda

thank you. mana indian banks aa 1095 forms ivvavu kadaa general gaa. 

ayina aa vache interest kuda chillara untundi like < $100. regular tax filing sites lo foreign income option ivvadu. additional fee pay cheyaali

 

[csrcsr]

2 minutes ago, astalavistaa said:

thank you. mana indian banks aa 1095 forms ivvavu kadaa general gaa. 

ayina aa vache interest kuda chillara untundi like < $100. regular tax filing sites lo foreign income option ivvadu. additional fee pay cheyaali

 

Pitcha lite unless it's huge amount lite tisuko actually FBAR  file cheyali but thats fine  don't worry this will impact to gc etc worst case auit vasthe answer cheyali emina fine vasthe katali, takva amount antunav akabti vadu audit chesinadaniki ekva karchu avutadi 🤣 nee ninchi vachedani kana

[Spartan]

FBAR file cheyi if ur deposit amount is more than 10k

interest meeda tax kattali

or india lo tax kattinattu chupinchali kaneesam a income ki

ledante audit pade chances untai

[pandemkodi]

9 minutes ago, Spartan said:

FBAR file cheyi if ur deposit amount is more than 10k

interest meeda tax kattali

or india lo tax kattinattu chupinchali kaneesam a income ki

ledante audit pade chances untai

If spouse works in different state  do we have to file separately? Or any alternative 

[Spartan]

7 minutes ago, pandemkodi said:

If spouse works in different state  do we have to file separately? Or any alternative 

federal joint

and states seperate with fling status joint

[astalavistaa]

36 minutes ago, Spartan said:

FBAR file cheyi if ur deposit amount is more than 10k

interest meeda tax kattali

or india lo tax kattinattu chupinchali kaneesam a income ki

ledante audit pade chances untai

I see that most of us fall in this category (10k total at any point of time in year all banks combined) but very less people file fbar 

how do they know? will indian banks give info to irs

 

[Pitta]