Hi, 1. If I receive money from my father as a gift in Indian in my Indian Bank Account,will it be considered as income and does it need to be reported to IRS as a taxable income?The amount is less than 30k USD. 2. Sometimes I send money to my parents account in India(I do not have...

For 2010 I am a resident alien for tax purposes. I do have a foreign bank account with more than $10.000 so I to file form TD F 90-22.1 (thanks to bine2 for the clarification). While filing form 1040 - schedule B: Do I have to enter my foreign interest in part I? Who would be the payer, my foreign...

Does one have to pay state tax on foreign capital gain and foreign interest that was earned during that year?

Hello. I have a question about how to file U.S. taxes in a way that will give me the most benefit in my situation. Here are the details: 1. I'm a U.S. citizen, living in Japan. 2. I made less than the maximum allowed for the foreign income exclusion for each year I want to file. 3. I...

I am a US Citizen. I married to a foreign woman (who also has a child) in late 2008. They are still overseas waiting for immigration papers to come here in year 2009. She does not have income overseas. Only I have income in USA. I do not have SSN for either Spouse or my Stepson. I have my own 2...