Ask Experts Questions for FREE Help !
Ask

Foreign Tax Credit for india salary?

Asked Mar 25, 2011, 09:46 PM —
Hi, I came to US on July'2010. I am filing my US taxes for my stay from July to Dec of 2010. Am I eligible for foreign tax credit on my india salary from jan to june? The salary was not double taxed and my India sal is in India bank where US sal is in US bank account. Please advise.



Check out some similar questions!

Filing you.S. Taxes: Foreign Income Exclusion AND Foreign Tax Credit? Etc. [ 0 Answers ]

Hello. I have a question about how to file U.S. Taxes in a way that will give me the most benefit in my situation. Here are the details: 1. I'm a U.S. Citizen, living in Japan. 2. I made less than the maximum allowed for the foreign income exclusion for each year I want to file. 3....

Tax against salary split b/w USA and India [ 1 Answers ]

Hi I moved to US in April '08 on an L1 Visa. I was receiving my salary in INR till Sept '08. From October '08 onwards I've been receiving my salary in USD. Questions : 1. Computation of taxes in US - Does this depend on the combined salary earned in India and US? Or is it dependent only...

On L1 in US, but getting Salary in India.What are the tax implecations? [ 2 Answers ]

Hi, I stayed in USA for 4 months in 2007 and I was on L1 work permit. I was getting my Salary in India while I was in US, and I was getting only daily allowance of 50 dollars during my stay in US. I do have a SSN. Can you please tell me if I need to pay tax there as I was on L1 work visa? Am...

Form 1116, foreign tax credit: Tax paid vs tax accrued, exchange rates and dates [ 2 Answers ]

Hi, I'm applying for foreign tax credit on taxes I've paid / accrued on interest earned in savings accounts and certificate deposits in New Zealand. For cds, the bank statements don't give precise dates for when taxes were withheld. And so I have several questions relating to form 1116, Part II: ...



View more Taxes questions Search
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Add your answer here.

Remove Text Formatting

Undo
Redo
 
Decrease Size
Increase Size
Bold
Italic
Underline
Align Left
Align Center
Align Right
Ordered List
Unordered List
Decrease Indent
Increase Indent
Insert Email Link
Wrap [QUOTE] tags around selected text
Wrap [CODE] tags around selected text
Wrap [HTML] tags around selected text
Wrap [PHP] tags around selected text
Wrap [YOUTUBE] tags around selected text
Notification Type: