r2i forum

Please advise if an ICICI NRI account has to be converted to a 'Resident' account after R2I? When and how should this be done. Thank you

mkngtrbl

Does this mean then that the Indian income is 'double taxed' because it is paid to me post-tax. When filing Indian taxes then is there any provision to claim back taxes? Thank you.

Please advise about IRS reporting for -

ICICI NRI account
1. How to report on (a) savings account and (b) Fixed Deposits in this.
2. When to convert this to resident account?

SBI Resident account
1. How to report on (a) savings account and (b) Fixed Deposits in this.

About Reporting Salary --------------------------------------- I lived in US from Jan 1st to May 31st in US. From June onwards, I have been working in India on India payrolls, same corporate group. I am a US Citizen. I was just going through Turbo Tax and it wouldn't let me exclude the India income ...

Please advise if there is an R2I club in Bangalore that meets socially sometimes?

Please help with your opinion!

Hello, If I have some $$ that I want to use to buy a home in India 1-2 years from now, what are the options for saving that money during that time? Since the funds will be earmarked for buying in the near term, I think I should consider only low risk options. US rates for an FD will be low. What ...

Suri, Thank you very much for your response. Good luck as you move. I would really appreciate it if I can be in touch for specific questions about TRV sometime later.

^bumping for reply^

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