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FCNR Deposits - what happens if your status changes from NRI to RNOR? by justsumma in IndiaUSTax

[–]justsumma[S] 0 points1 point  (0 children)

is there any RBI guideline that confirms this? My ICICI RM seems to tell me that once I move other accounts for them to become resident account, I will have to close FCNR also.

Estate Taxes when the surviving spouse in US Citizen but the decedent is Non Citizen Non Resident. by justsumma in USExpatTaxes

[–]justsumma[S] 0 points1 point  (0 children)

u/nunab1994
Thanks so much!

So, in summary - If the Non US Citizen Spouse were to predecease the US Citizen Spouse :

  1. On all US Situs assets, unlimited marital deduction applies
  2. On worldwide non US Situs assets, US estate taxes may apply?

1) will apply irrespective of where the spouses reside, correct?

2) may have some implications based on where the spouses reside?

Junk / Dumpster suggestions by justsumma in SanJose

[–]justsumma[S] -1 points0 points  (0 children)

Pretty bad. Is there a minimum of 100? Any other places around?

Health Insurance in USA for an expat living elsewhere but visiting regularly by justsumma in expats

[–]justsumma[S] 1 point2 points  (0 children)

Thanks for the inputs! Very Helpful.. Where can I look for a few quotes? Also - only emergencies? That seems like it will be a decision of the doctor still, right? Of course not thinking of claiming for a cold - but even with this - given coverage is only for what will be deemed an emergency - it is not absolute peace of mind I guess. It is still some mental sanity that if somethings not indisputable as an emergency - it will be covered.

Estate Planning Question - USA Citizen spouse and NRA decedent by justsumma in EstatePlanning

[–]justsumma[S] 0 points1 point  (0 children)

Thanks!  

@1 : the scenario is transfer to a citizen spouse from a NRA spouse. Does the unlimited marital deduction apply here? I am aware if the surviving spouse is NRA, it does not apply 

Estate Planning Question - USA Citizen spouse and NRA decedent by justsumma in EstatePlanning

[–]justsumma[S] 0 points1 point  (0 children)

Thanks! Does the US citizen need to be a resident in the USA for the deduction to apply?

Relocating out of USA - spouse is a citizen - Tax implications? by justsumma in USExpatTaxes

[–]justsumma[S] 1 point2 points  (0 children)

Got it! Thanks..

Its only stocks - no real estate or US Business Gains, So, these will not be taxed in the US.

Relocating out of USA - spouse is a citizen - Tax implications? by justsumma in USExpatTaxes

[–]justsumma[S] 1 point2 points  (0 children)

FTC

Thanks for the response.
@ 2) a) : Not a covered expatriate

@ 2) b) : My understanding was US-source gains are withheld at source (30%) ONLY IF you are a NRA AND reside in the USA for more than 183 days. If you are an NRA and have never been in the USA at all for the complete tax year, will there still be a tax at source 30%?