Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Resident Alien - Foreign Tax Credit (https://www.askmehelpdesk.com/showthread.php?t=70913)

  • Mar 11, 2007, 07:56 AM
    pavitra
    Resident Alien - Foreign Tax Credit
    Query 1 :-
    I came to US (first time) on 2nd April 2006 on L1 with my wife. I am in US since then. I believe my status will be resident alien. For Jan to March 2006, I have Indian Income (Salary) & Indian tax deducted on the same. How should I mention the deducted Indian tax while filing federal return? Does any software support Foreign Tax Credit feature ?


    Query2:-
    I am in the state of Louisiana since the time (April 2006), I arrived in US. In this case, will I be considered part year or full year resident of Louisiana? Does foreign income/tax has to be mentioned for filing State tax also?
  • Mar 11, 2007, 10:42 AM
    taxsearcher
    Actually you are dual status (and should file a dual status return -- see publication 519). BUT you may elect to be residents for the full year in which case you must report your income from India as well (and yes, then claim a foreign tax credit).
  • Mar 11, 2007, 10:32 PM
    AtlantaTaxExpert
    Another great answer by TaxSearcher!

  • All times are GMT -7. The time now is 11:05 PM.