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Tax payable in US from online income in India for an H1B visa holder
Hello,
I am on an H1B visa in the US. If I have additional income from online consultancy work that is being generated in India that is subject to TDS (tax deducted at source) in India, do I have to report that income to the IRS here in the US for tax purposes? Thanks |
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If you have completed Substantial Presence Test, you will file resident tax return. You must report your world wide income. Yourself employed income is subject to SE tax at 15.3%. Read: Your U.S. Tax Return: U.S. Citizen or Resident with Foreign Income and Read: Your U.S. Tax Return: Tax Filing by Self Employed Sole Proprietor or Independent Contractor |
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