Search found 33 matches

by L2R2I
Tue May 24, 2011 3:07 am
Forum: To Pune, Mumbai, Maharashtra
Topic: How much is enough (Monthly expenses) - 2011
Replies: -1
Views: 166

How much is enough (Monthly expenses) - 2011

[QUOTE=bostonr2i;390324]My expenses after 9 month living in Bangalore with 2 kids: Item Cost Grocery 8000 Milk 1000 Sanitory Items 2000 Fish/Chiken 2000 Rice/wheet 2000 Cooking Gas 1300 Electricity 1300 School for 2 kids 10000 Monthly house Maintenance, Bangalore 4000 Monthly house Maintenance ...
by L2R2I
Sun May 15, 2011 10:20 pm
Forum:
Topic: Rollover withholdings
Replies: -1
Views: 0

Rollover withholdings

[QUOTE=Desi;388624]The website of state of Oklahoma has all the tax forms and instructions. Oklahoma, to the best of my knowledge will not tax only the first $10K of tax deferred distributions in a year. So if you take distributions greater than $10K, the rest would become taxable. This is another ...
by L2R2I
Sat May 14, 2011 12:45 am
Forum:
Topic: Rollover withholdings
Replies: -1
Views: 0

Rollover withholdings

[QUOTE]If you have paid 100% of your last year's tax liability in witholdings, then you won't be subject o underpayment penalties.[/QUOTE] I haven't paid yet, but I will before this quater due date (June 15). [QUOTE]Depending upon the state you live in, your state may or may not have taxes on IRA ...
by L2R2I
Thu May 12, 2011 11:18 pm
Forum:
Topic: Rollover withholdings
Replies: -1
Views: 0

Rollover withholdings

A week back I did a Rollover IRA from 401(K) and later took a distribution of the entire IRA amount with no withholdings. But then I realized that I will have to pay interest and penalty to IRS next year for not paying taxes upfront. Now being with my 15%(federal)+5%(state)+10%(penalty)=30%(total ...
by L2R2I
Mon Apr 18, 2011 9:30 pm
Forum: OCI, PIO, Visa, Citizenship
Topic: R2I diary of yet another aspiree ...
Replies: -1
Views: 53

R2I diary of yet another aspiree ...

Good to hear that you are using the Public Transport! It will be better once the Metro starts in a year or two!!
by L2R2I
Thu Apr 14, 2011 9:19 pm
Forum: OCI, PIO, Visa, Citizenship
Topic: My R2I (Chennai) Diary - PoofyGoogle
Replies: -1
Views: 492

My R2I (Chennai) Diary - PoofyGoogle

Good Luck and Best Wishes!
Let us know the link.
by L2R2I
Thu Apr 14, 2011 6:21 pm
Forum: Women's Corner
Topic: MT: Interesting News, Articles, Links - II
Replies: -1
Views: 510

MT: Interesting News, Articles, Links - II

KS [I]Chitra's[/I] 8-year-old daughter Nandana drowned and died in Dubai

Sad News

[url]http://www.emirates247.com/news/ks-chitra-s-daughter-reportedly-drowned-in-emirates-hills-pool-2011-04-14-1.381037[/url]
by L2R2I
Thu Apr 14, 2011 12:31 am
Forum: OCI, PIO, Visa, Citizenship
Topic: R2I diary of yet another aspiree ...
Replies: -1
Views: 53

R2I diary of yet another aspiree ...

[QUOTE=mvkris2;382537]An interesting incident happened at the airport though. I was waiting for my checked-in luggage to arrive at the conveyor belt. A guy was trying to help people lift their stuff off the belt. As my stuff was almost the last to arrive, he tried to help me. I asked him who he was ...
by L2R2I
Fri Apr 08, 2011 9:08 pm
Forum:
Topic: NRO fixed deposits by a USC
Replies: -1
Views: 0

NRO fixed deposits by a USC

[QUOTE=gwldaddu;362303]I have NRO FDs in SBI and ICICI. I am USC.

Unless you fill proper forms, a 30% TDS will be deducted from your interest income.

n/j/k[/QUOTE]

Are those Form 15G/15H you are talking about? If I do this do I need to file tax returns in India?
by L2R2I
Fri Apr 08, 2011 8:41 am
Forum: General
Topic: Old Members Revisit and Update your AAP Thread
Replies: -1
Views: 235

Old Members Revisit and Update your AAP Thread

It will be nice to see the old AAP's revisited by the owners and updated on how they are doing with it. I know Desi did lot of work on this earlier and after that none of them came back to update how and where they are on it. Looking at some of the ones posted in 2007 and 2008 with R2I dates in 2010 ...

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