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    tuhinsg's Avatar
    tuhinsg Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 16, 2009, 06:15 PM
    How much tax in L1B
    Hi,
    My company sent me to US (NY) for 1 year project on inter company transfer (L1B visa). The company is based on India. I have reached US on 7th Feb, 2009. My salary is two components - indian salary and US Allowance. My total salary is $77700 per year with US allowance component is $42000. I am here with my wife and 2 year old kid (both on L2 visa). How much tax will be deducted from my salary? What is the tax year in US? Do I have to pay double tax (India and US)?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Feb 17, 2009, 12:39 AM

    On L1B you will be able to file joint return as residents and claim your kids as dependents. You must report your India salary and U.S. allowances on the U.S. tax return. Read about L1B tax filing: Your U.S. Tax Return: The U.S. Visas

    You India taxes, you may post your question at mytaxes - Index

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