Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Worldwide Income (https://www.askmehelpdesk.com/showthread.php?t=174901)

  • Jan 21, 2008, 12:09 PM
    shiraz1m
    Worldwide Income
    I have just become a Permanent resident (got a green card) and would like to know
    1. Since I got it in Dec. 07 (which is almost end of the year) do I qualify for filing worldwide income
    2. I file taxes in India, how do I file worldwide income tax and how does it work ?
  • Jan 21, 2008, 12:38 PM
    AtlantaTaxExpert
    1) Yes, you must claim ALL of your world-wide income.

    2) You file as a resident alien, then claim the Foreign Tax Credit (Form 1116) for taxes paid to India.

  • All times are GMT -7. The time now is 09:02 PM.