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Old 11-09-2011, 12:14 PM
Janakiram Janakiram is offline
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Priority Date
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Nov-10
Category
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EB2
I140 Mailed Date
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12/16/2010
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India
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Join Date: Dec 2010
Posts: 12
Janakiram has a reputation beyond repute Janakiram has a reputation beyond repute Janakiram has a reputation beyond repute Janakiram has a reputation beyond repute Janakiram has a reputation beyond repute Janakiram has a reputation beyond repute Janakiram has a reputation beyond repute Janakiram has a reputation beyond repute Janakiram has a reputation beyond repute Janakiram has a reputation beyond repute Janakiram has a reputation beyond repute
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Guys....I hope most of you know this...

1. Living in US, if you have accounts or balances more than $10,000(in equivalency) outside US, you have to file FBAR form each year.

2. If you earn any interest or gain from your assets, it has to be reported on 1040 and pay taxes...

THERE ARE TWO THINGS YOU CANNOT AVOID IN LIFE: DEATH AND TAXES

~Ram
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