r2i forum

Greyfri please take a look at line 1 in table 2 at [URL]https://www.irs.gov/pub/irs-pdf/p501.pdf[/URL] I was thinking I could put upto 25k for each child and earn no more than 1050$ Per year in interest income and get away without even filing a tax return for the child or reporting that income ...

Hi I have one more question. It’s about funding college education for children. I already have contributed a decent amount into their 529 plans. I can contribute more, but I do not want to take risk. So I want the ‘no tax on gains’ benefit for these non-529 amounts for college (maybe 5 year CDs) So b ...

We finally decided to cancel the property purchase. So my capital gains from property sale in December end are taxable in India also. After speaking to ca in India we know how much, how and when to pay in India. We need to pay by march 15 in India. now can I get credit for those capital gains paid ...

Yes to 1?
that would only be if I itemize and am not using standard deduction. Correct?
thanks

Thanks for your response. 1.i did fly to India to vacate the rental property and complete the sale. Can this cost be deducted ? 2.Also since I live in nj, would the process be the same as federal for state to? First file nj taxes with extension. Then file India taxes and then claim credit for India ...

Hi I sold a property in India in December 2017. 1. should I report its capital gain in my 2017 us tax return ? should I wait to file my tax return in India in June 2017 and then report this in 2018 USA tax return? 2.what happens if I purchase another property in India with the proceeds from December ...

Hi
Sorry if I am posting in an invalid forum.

I am looking for a regular home cooked food service for a family of 4, in Salt lake city, Utah area.

If you know someone, please reply.
Thanks
-D

Thanks for the responses. R2i destination for us can be state A(inlaws) or state B. In state A, we are OBCs. In state B where I was educated we are not and belong to the Open category. If having USC disqualifies us anyway, then atleast from reservation point of view for us there is no advantage in ...

If all members of a family have dual citizenship and R2i, can the children get the benefits of "OBC category" if one of the parents happens to be an OBC when he/she was Indian?

USC but still backward :-)

I have a 15 month old child with peanut and egg food allergy. She tested positive in both the blood and skin tests for these items. Will this problem get worse after r2i? Anybody who has been in similar situation? Kids in India do not get food allergies. At some point in future we will have another ...