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Dave98
Jun 21, 2014, 07:18 AM
As a US citizen working in India for 4 years, I became a Resident and Ordinary Resident in the last Fiscal Year meaning all of my Worldwide income would be taxed by India. My understanding is that interest, dividends and stock sales within Traditional IRAs, Roth IRAs and 401Ks during the Fiscal Year would also be taxable... is this correct?
Assuming this is correct, it has been very difficult to get reports from the 401K administrator that detail the interest, dividend and LT, ST gain/loss information needed. Any suggestions? Thanks, Dave

AtlantaTaxExpert
Jun 23, 2014, 04:46 PM
Dave,

Unfortunately, I cannot answer your question about how the Indian government will tax your 401K and IRA.

A letter to the custodian of the 401K should get you the information you need, however.