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Post by tmorr37 Thu Jul 10, 2008 4:47 pm

What is the procedure to wire funds back to the us
What forms are used

tmorr37

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Join date : 2008-07-06

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Post by lglwzrd Sat Jul 12, 2008 12:47 pm

if you have online banking-get a passcode for online transfers. then enter the swiftcode for your bank and do it all at the push of a button. send mr i a formal request.

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Post by lglwzrd Sat Jul 12, 2008 3:09 pm

the link was to iif-well, as you know its dead for now. i should have copied and pasted it. the tax rules for a us citizen are clear-you owe us taxes for any PROFIT earned anywhere in the world. the irs question to be answered is a currency exchange a profit to be taxed. as of now-im not committing that this is a cap gain. ill contact 2 ca tax attys and get their opinions. ultimately-ill ask my tax atty. im not ready for that yet since a rv is such a far away occurrance.

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Post by BARRON_V Tue Jul 15, 2008 3:36 pm

This is an interesting conversation lglwzrd. I too am curious if "currency exchange" is considered a CAP GAIN. Great point.
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Post by tmorrison Wed Jul 30, 2008 6:12 am

IS POSSIBLE FOR TO DO AN "ACH TRANSFER" DIRECT TO MY "US" BANK ACCOUNT...

ANYONE KNOW?

IS THERE A VERIFICATION PROCESS?

I ALREADY HAVE ONLINE ACCESS.
tmorrison
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