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

    Nov 18, 2011, 08:04 PM
    Reg: L1B tax
    Hi,

    I entered US in June 2011 on L1B visa and by November 30th I will be completing 181 days. For this time, I didn't give any tax as I were given an allowance by my company and the source of allowance was India.

    Now my stay in US got extended for another 2 months. As per my understanding I have to pay tax from June to November. Can you please tell me how much tax do I need to pay and is there any part of my allowance that I can get tax exempted. To get tax exemption do I need to produce the relevant bills.

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

    Nov 20, 2011, 02:11 AM
    If you complete Substantial Presence Test, you will file Dual Status tax return. You are nonresident before June 2011 and resident after June 2011. If you are leaving within one year of your arrival in U.S. you can deduct travel expenses (from India to U.S. and back), lodging in U.S. and meals expenses as itemized deduction on schedule A (Form 1040). Use Form 2106 or 2106-EZ to figure your allowable expenses that you claim on line 9 of Schedule A.

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!

Reg : Paying tax after leaving the US and without income [ 2 Answers ]

Hello I have left the US in 2008 and filed my tax returns for 2009 for the year 2008. However for the 2010 year, do I need to file taxes. I know this is a stupid question, but I never had an income for the 2009 year. Please help.

How much tax in L1B [ 1 Answers ]

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...

Withholding Tax -reg [ 1 Answers ]

I am from India and for my firm, I had taken a services for concept developing and research for a project from a company in US. I need to pay for the services without deducting withholding tax. Would like to know under which provisions I can do the same. Kindly revert Thanks & regards Kannan

Tax in the US for L1B visa [ 1 Answers ]

Hello all, I am in USA on a L1 B VISA since November 2008 and plan to stay till May end 2009 , During this period of my stay in the US I will not be getting US salary I will be getting only allowance (perdium)from India. Can you please advice me on the below questions

Reg state tax [ 5 Answers ]

I came to US on March 18th 2006 and I started working in my company which is located in NY. I stayed in NY state till July 4th (i.e for 109 days) and moved to NJ on July 5th 2006. I was single by then. I got married on Aug 10th 2006. My wife came to US on Oct 11th 2006. My stay in NJ state for the...


View more questions Search