Ask Experts Questions for FREE Help !
Ask
    kaushik's Avatar
    kaushik Posts: 20, Reputation: 1
    New Member
     
    #1

    Feb 27, 2009, 06:22 PM
    2008 tax enquiry
    Respected Sir,

    Could you please clarify the following pertaining to my 2008 tax returns. I'm currently working in the US on H1B visa since Oct. 2007.

    1. I recently got married in Dec. 2008, but my wife is currently not in the US. Can I still claim her as dependent on my tax reutns?

    2. Am I taxed on bank interest that I have received in 2008? What % of income do I have to report if it is taxable?

    3. I donate about $15 per month to UNICEF. Can I claim this as exemption?

    4. What is the total deduction if I'm filing as Single and married with dependent?

    Could you please let me know at your earliest convinience?

    Thank you.

    Kaushik
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Feb 28, 2009, 11:06 PM

    You can file joint return as residents. It is not required that you spouse is in the U.S. Attach W7 (ITIN application) with your tax return. Read about H1 tax filing: Your U.S. Tax Return: The U.S. Visas
    kaushik's Avatar
    kaushik Posts: 20, Reputation: 1
    New Member
     
    #3

    Mar 5, 2009, 06:04 PM
    Hello Mukata,

    Thank you very much for your reply. My wife did work full time in India in 2008 and hence, I was told I would have to declare her income also if I'm filing as joint.

    Now, are there provisions in federal taxes where I could exclude my wife's foreign income or get credit on the tax she paid in India? Which form should I use please?

    Thank you.

    Kaushik


    Quote Originally Posted by MukatA View Post
    You can file joint return as residents. It is not required that you spouse is in the U.S. Attach W7 (ITIN application) with your tax return. Read about H1 tax filing: Your U.S. Tax Return: The U.S. Visas
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #4

    Mar 5, 2009, 09:25 PM

    On your return, you must report your world wide income. If you paid taxes in the foreign country, you will claim credit for taxes paid in the foreign country by filing Form 1116 or can file form 2555 Foreign Earned Income Exclusion.. Read: Your U.S. Tax Return: U.S. Citizen or Resident with Foreign Income

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Enquiry about the ban in qatar [ 9 Answers ]

Enquiry about ban in Qatar. I would like to know, If one person completed his one year contract and he wants to join another employer. What is the sponsorship law in qatar. How many years ban in qatar.

Enquiry on courses [ 3 Answers ]

Sir Can I Get The List Of Universities In Us Offering Ms In Biotechnology And Related Streams .

Visa Enquiry [ 1 Answers ]

My daughter has retained her maiden name post marriage. All her legal documents still have her maiden name on them. Her husband, who is now going to the US on an L1 Blanket visa has mentioned spouse’s name with his last name and has also processed all his documents with the same name. My questions...

Car Enquiry [ 1 Answers ]

Hello Sir, Can you please tell me about SX4 Car which is recently in the market.About average and over all report. Regards, Sachin

State tax enquiry [ 1 Answers ]

Hi I am working as a consultant for a Texas based consulting firm,the company I am working has clients all over usa so I will be moving from places to places as and when the assignment comes in,so while filing state tax how should I file,as my parent company for which I am consultant is in Texas...


View more questions Search