[Show all top banners]

bigrekoketo
Replies to this thread:

More by bigrekoketo
What people are reading
Subscribers
:: Subscribe
Back to: Kurakani General Refresh page to view new replies
 Is there any limitation to put money in the bank's saving account for F1 visa?
[VIEWED 7829 TIMES]
SAVE! for ease of future access.
Posted on 06-21-11 3:09 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Hey Guys I heard that  we(F1 student) can't put money more than $9,000 or $10,000 in our saving account .If we put more than that IRS might inquiry about our income . Is that true ? Please share your ideas.
 
Posted on 06-21-11 3:31 PM     [Snapshot: 37]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 
 
Posted on 06-21-11 4:12 PM     [Snapshot: 112]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 
 
Posted on 06-21-11 4:31 PM     [Snapshot: 145]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

He might have said that because if you have a significant sum of money in your SAVING account then you generate some interest. Thats like investing and you have to report it to IRS while filing tax, and F1 students cannot invest in any way. But it is so insignificant that IRS won't be after you for your 10 bucks of interest.
Chill!
 
Last edited: 21-Jun-11 04:33 PM

 
Posted on 06-21-11 5:00 PM     [Snapshot: 188]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

There is no limitation on how much money you can put in your savings account. However, if you do certain activities like deposit more than 10,000 dollars at any one transaction in your bank, you will be put in security check by the feds for money laundring. Banks will be questioned by the feds for the source of income. Just try not to deposit a lot of money at one time.
Also, if you do not perform any activities in your bank, if your bank account stays idel or has no transaction for past 6 months it will be put on temporary hold and you will need to contact your bank, in case that happens.

Last edited: 21-Jun-11 05:00 PM

 
Posted on 06-21-11 7:24 PM     [Snapshot: 302]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

tannai kamayo ki kya ho? badhi bhako bhaye yeta transfer gara, ma rakhdimla 5-7 mahinako laagi!
 
Posted on 06-21-11 7:57 PM     [Snapshot: 325]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Jai Nepal,
  Exactly Thats what I thougt Bakwas and you are right coz ,Last nite It was told by one of my fren when we are drinkin Beer .
Stiffler and dissident,
 Thanks for sharing for ideas.
Birdmanz,
  You are exactly right and thanks for makin everything clear.
drkancho,
send me ur account number along with ur full name, address and credit card number too. :
 


Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 200 days
Recommended Popular Threads Controvertial Threads
TPS Re-registration case still pending ..
ChatSansar.com Naya Nepal Chat
Toilet paper or water?
TPS EAD auto extended to June 2025 or just TPS?
Biden out, Trump next president, so what’s gonna happen to TPS, termination?
and it begins - on Day 1 Trump will begin operations to deport millions of undocumented immigrants
Tourist Visa - Seeking Suggestions and Guidance
From Trump “I will revoke TPS, and deport them back to their country.”
I hope all the fake Nepali refugee get deported
Anybody gotten the TPS EAD extension alert notice (i797) thing? online or via post?
advanced parole
TPS Renewal Reregistration
Sajha Poll: Who is your favorite Nepali actress?
Biden said he will issue new Employment visa for someone with college degree and job offers
Why Americans reverse park?
Nepali Passport Renew
Driver license help ASAP sathiharu
They are openly permitting undocumented immigrants to participate in federal elections in Arizona now.
ढ्याउ गर्दा दसैँको खसी गनाउच
To Sajha admin
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.

Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters