I have been residing in the US since 2012. I have recently started working for an employer since 2014. I have three related questions. Due to lack of due diligence on my part, I missed couple of important errands and want some help.
I have three savings accounts that are currently open in India in different banks. Is it legal to have savings accounts open while I am in the US?
I have been sending money monthly (1000$+) to one of the savings account that I mentioned above which I believe has my father as a joint account holder. My father uses this money to pay off my educational loan. My question is, do I have to declare this fact in the tax filings in US given that my tax is already deducted? Does my father have to declare the additional deposits?
If I have done something out of line, what is the best way to go about correcting it?