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Home > Money & Services > Taxes   »   Foreign Income in two diff countries . but paid tax already in those countries

 
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Old Feb 14, 2007, 06:53 AM
vinit4you
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Foreign Income in two diff countries . but paid tax already in those countries

Hi,

I am resident alien for Tax Yr 2006.
I earned some income in Singapore (3 months) and In India (3 month) in Yr 2006.
I guess, I can claim foreign tax credit for India as I am citizen of India and I pass 12 months test. but In Singapore I was on for 5 consecutive months and out of that only 3 months in 2006. but the funny thing is I paid tax in Singapore on my income.
Still do I need to pay the tax on same Singapore income in US tax returns for which I already paid tax in Singapore?
Also kindly confirm if I am eligible for Indian tax credit (1116).

thanks in advance,
Vinit

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Old Feb 14, 2007, 08:39 PM   #2  
AtlantaTaxExpert
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Vinit:

You should prepare TWO Forms 1116: one for India and one for Singapore. Combine the credit on Form 1040.
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