I am a USC living in India. I took a home loan from SBI in January 2010 , for which I'm paying preEMI until I get possession of my flat, hopefully later this year.
The question - is any part of my preEMI deductible when I file my US taxes?
thanks,
Search found 8 matches
- Sun Jun 12, 2011 4:13 pm
- Forum: TAT Admin Office
- Topic: India home loan(pre-EMI) - USC living in India - US tax implications?
- Replies: -1
- Views: 24
- Thu Sep 09, 2010 2:32 pm
- Forum: Global Finance & Economy
- Topic: MT: Schools in Bengaluru (Bangalore)- II
- Replies: -1
- Views: 704
MT: Schools in Bengaluru (Bangalore)- II
My personal feedback on Greenwood high school. We r2I'd in 2008 - and our son's at Greenwood High for the third year now. Pluses - Responsible bus service - even helping with lost articles Good organization of school events Regular email/SMS of school/class events Plethora of activities Minuses ...
- Mon Mar 09, 2009 1:00 pm
- Forum: To Chennai, Bengaluru, Tamil Nadu, Karnataka
- Topic: Implications of NRI using regular bank account
- Replies: -1
- Views: 48
Implications of NRI using regular bank account
I am a USC and currently a RNOR. I transferred a large portion of my savings in USD from banks in the US to India(a Regular SB account) in Rupees. This may or may not be illegal - that's not the intent of this post, however I have TDS deducted quarterly from this account. My salary income exceeds Rs ...
- Tue Mar 04, 2008 8:13 am
- Forum:
- Topic: R2I\'ing next week - 401K, 403b, checking accts
- Replies: -1
- Views: 0
R2I'ing next week - 401K, 403b, checking accts
Desi, For 2008, I did not have any US income(actually, very minimal - only about a week or so). YTD after that, my income has been in INR. So, by corroborating your response to some prior knowledge, I figure that this year I will need to file Indian taxes, but as a non-resident. What are the FEI ...
- Tue Mar 04, 2008 8:12 am
- Forum:
- Topic: R2I\'ing next week - 401K, 403b, checking accts
- Replies: -1
- Views: 0
R2I'ing next week - 401K, 403b, checking accts
Desi, For 2008, I did not have any US income(actually, very minimal - only about a week or so). YTD after that, my income has been in INR. So, by corroborating your response to some prior knowledge, I figure that this year I will need to file Indian taxes, but as a non-resident. What are the FEI ...
- Sun Mar 02, 2008 10:21 am
- Forum:
- Topic: R2I\'ing next week - 401K, 403b, checking accts
- Replies: -1
- Views: 0
R2I'ing next week - 401K, 403b, checking accts
Desi, Appreciate your response. Here are some details that you asked for - We are USC + PIO - I've lived in the US for 14 years and my wife's been here for 8. According to a spreadsheet available on this website, I will likely file taxes in India as a non-resident this year, and with RNOR for the ...
- Sat Mar 01, 2008 8:36 pm
- Forum:
- Topic: R2I\'ing next week - 401K, 403b, checking accts
- Replies: -1
- Views: 0
R2I'ing next week - 401K, 403b, checking accts
:confused:
See my post above re: 401k, 403b, finance and taxes. R
See my post above re: 401k, 403b, finance and taxes. R
- Sat Mar 01, 2008 1:03 pm
- Forum:
- Topic: R2I\'ing next week - 401K, 403b, checking accts
- Replies: -1
- Views: 0
R2I'ing next week - 401K, 403b, checking accts
I'm sure this has been answered variously in several threads but I'm unable to get an exact answer to my specific case without spending a lot of time perusing threads. 1. We're moving to B'lore next week - we are USC + PIO and we have 3 or 4 401K accounts and a 403b account and a couple of checking ...