optmytax
Feb 14, 2012, 01:00 PM
Hi,
I was in US on my B1 visa for 5 months. During this period, I was getting paid in India and I paid taxes on that income in India. Later, I came back to US on H1B. My total stay in India is 160 days and total stay in US is more than 180 days. I do pass SPT test.
In India, Financial year is from March to April. I was getting paid in India from March to Nov (though I was in US on my B1 visa (my Indian salary)). I have a US income from Nov to Dec. I have already paid taxes in India on income received from March to Nov. Now I want to file my US taxes. Since I pass SPT, I need to file as a dual status. While filing dual status, I need to show my India income in US. But I have already paid taxes in India on that income. So how to do I claim tax benefit for the tax paid in India while filing taxes in US ?
Do I need to produce Indian Tax Return ? India's tax return would only be available after March 31st. Please help. If I show my Indian income, it would approximately add $16k to my US income from March to Nov. How much more tax I would need to pay ?Hi,
I was in US on my B1 visa for 5 months. During this period, I was getting paid in India and I paid taxes on that income in India. Later, I came back to US on H1B. My total stay in India is 160 days and total stay in US is more than 180 days. I do pass SPT test.
In India, Financial year is from March to April. I was getting paid in India from March to Nov (though I was in US on my B1 visa (my Indian salary)). I have a US income from Nov to Dec. I have already paid taxes in India on income received from March to Nov. Now I want to file my US taxes. Since I pass SPT, I need to file as a dual status. While filing dual status, I need to show my India income in US. But I have already paid taxes in India on that income. So how to do I claim tax benefit for the tax paid in India while filing taxes in US ?
Do I need to produce Indian Tax Return ? India's tax return would only be available after March 31st. Please help. If I show my Indian income, it would approximately add $20k to my US income from March to Nov. How much more tax I would need to pay ?
I was in US on my B1 visa for 5 months. During this period, I was getting paid in India and I paid taxes on that income in India. Later, I came back to US on H1B. My total stay in India is 160 days and total stay in US is more than 180 days. I do pass SPT test.
In India, Financial year is from March to April. I was getting paid in India from March to Nov (though I was in US on my B1 visa (my Indian salary)). I have a US income from Nov to Dec. I have already paid taxes in India on income received from March to Nov. Now I want to file my US taxes. Since I pass SPT, I need to file as a dual status. While filing dual status, I need to show my India income in US. But I have already paid taxes in India on that income. So how to do I claim tax benefit for the tax paid in India while filing taxes in US ?
Do I need to produce Indian Tax Return ? India's tax return would only be available after March 31st. Please help. If I show my Indian income, it would approximately add $16k to my US income from March to Nov. How much more tax I would need to pay ?Hi,
I was in US on my B1 visa for 5 months. During this period, I was getting paid in India and I paid taxes on that income in India. Later, I came back to US on H1B. My total stay in India is 160 days and total stay in US is more than 180 days. I do pass SPT test.
In India, Financial year is from March to April. I was getting paid in India from March to Nov (though I was in US on my B1 visa (my Indian salary)). I have a US income from Nov to Dec. I have already paid taxes in India on income received from March to Nov. Now I want to file my US taxes. Since I pass SPT, I need to file as a dual status. While filing dual status, I need to show my India income in US. But I have already paid taxes in India on that income. So how to do I claim tax benefit for the tax paid in India while filing taxes in US ?
Do I need to produce Indian Tax Return ? India's tax return would only be available after March 31st. Please help. If I show my Indian income, it would approximately add $20k to my US income from March to Nov. How much more tax I would need to pay ?