 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
1040 foreign wages
I am on H1-B visa, for about 5 years now. My wife is from India. She got H4 visa and entered USA on June 22. Until May 2012, she was working with a Software company in India.
As I am preparing 2012 taxes, I have a few questions, that I am hoping you could help: 1. After looking through 1040 instruction, she passes substantial presence test, since she has been in the US for more than 183 days.So I am planning to file married - jointly, by including a declaration. Now to report her India income, should I include it in line 7 of 1040? Her india income does not have w2 form as you know. So if I include her income in line 7, should I include any additional form instead of w2 to confirm her income? 2. Her Income during her days in Software company in India was already taxed. I am not sure whether we should report that income for US tax purposes. When I checked online looks like I have to file 2555 or 1116 in the tax return. Is the choice to choose between the two with us given my case or is there any rule governing which one to choose? I read both instructions and I am a bit confused. Regards, Kumar |
||||
|
||||
|
You DO include her income on Line #7 of Form 1040.
You CANNOT file Form 2555, because she would NOT be a resident for the entuire exclusion period. You MUST file Form 1116. If you believe that you will need professional help filing this year, this IS what I do. Please double-click on my name (Atlanta Tax Expert) above to access my profile. You will find my email address in the signature portion of the profile (scroll down to the BOTTOM of the page). |
||||
| Question Tools | Search this Question |
Add your answer here.
Check out some similar questions!
I did the schedule OI found the tax treaty which gave me $5000 exempt wages. I put 5000 on line 22, but it's not included on anywhere else on the return, do I just subtract it from my total w2 wages and enter the net amount to box 8? Is that how it works? Thanks
If a foreigner is here in the U.S. and qualifies as Resident Alien then he/she files a 1040 just like a US citizen, right. But do they need to include all their worldwide income even if they don't receive the foreign income here in the U.S.
Background – My son is a U. S. citizen and a full time college student. This past year he worked six months in Germany for a German firm on an internship (praktikum). He was paid in Euros (no surprise). Fortunately he returned with all his pay statements. It is his intention to convert his Euro...
I am presently on F1 status and have been staying in US for less than 3 years (International student from India). However, social security taxes and medicare taxes have been withheld in my W-2. I know that I can get a refund from my employer, if not, then by filing Form 843 and 8316. I am going...
I came to US in March 2006. I am married. I am choosing to file as resident. On which line of form 1040, should I mention my home country wages for Jan & Feb 2006. These wages are not there on my W2. I am planning to use form 1116 for tax credit.
View more questions Search
|
