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nishishailesh
02-03-2007, 12:02 PM
My mother visits USA for 3-4 months in two years for keeping GreenCard alive.
She may get 0.2 million $ from a person, for no reason in her USA account.
Should she pay tax?
How to pay Tax?
How can she bring those money back to india and convert into rupees.

leifbooger
02-05-2007, 10:17 AM
Yes, she would need to pay tax. she can deposit the $200,000 check in India. she would need to pay tax in India. I would recommend breaking the amount up into cash, deposit some of it in a bank in the US, and rest take it back in the form of cash and checks and deposit in the Indian bank. you can call state bank ((212)-521-3318) for further options.