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nams_t
Jul 15, 2008, 07:37 AM
Hello,
I was in US for about 4 years on F1 status(2 yrs) and later on H1 status(one year post OPT). I moved back to India in June 08 for good and need to file my taxes.
This is the current scenario:

-Left my US job in June, which means I was getting paid till June in USA
-I filed US taxes for 2007
-Have been filing taxes in India as well because of interest,etc.
-For the year 2007 my income in India has been interest, some freelancing work and money I transferred from my account in USA while I was there.


I now need to file taxes in India for the year 2007 which includes Jan- March 08 as well.

What I want to understand is if I should file taxes in India not bothering about money earned in US during this period assuming that I will take care of that amount in 2009 when I file my US taxes.
Or do I need to start filing all my taxes in India for the entire year 2008 and not pay in USA at all? This means my refund which I would get is lost because of the conversion and the resultant big sum.

To cut the long story short, how should I file my taxes in USA and India now that I am not in USA anymore.

Thanks!

MukatA
Jul 15, 2008, 08:01 AM
This forum is about the U.S. tax return. So about the U.S. taxes.
You must file 2008 tax return. You must report all the income you earned in the U.S. and the income you earned from the U.S. sources.

For India taxes, you can try the forum mytaxes - Index (http://www.mytaxes.in)

nams_t
Jul 15, 2008, 08:13 AM
Thanks Mukata.