poojaarora
Feb 23, 2011, 12:20 AM
I am a US resident with a green card. I received an income of $4,000 in india in my indian bank account in early 2010. I filed the tax return in india but had to pay only $80 in tax because I had very little income.
However, I fall in 25% tax bracket in US. Wen I report this income on my US tax return, will I have to pay 25% tax on it or will the DTTA protect me because I have already paid tax on it in india.
However, I fall in 25% tax bracket in US. Wen I report this income on my US tax return, will I have to pay 25% tax on it or will the DTTA protect me because I have already paid tax on it in india.