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

    Sep 7, 2007, 09:58 AM
    Duble taxation on indian salary
    Hi,

    I work for MNC in india and I am in USA since 30th Oct 04. I receive salary in USA as Living Allowance + India salary component. I pay tax on USA salary in USA since both india salary and Living allowance gets deposited in USA bank.

    I am returning to india in Oct 07 and my status in india will be resident in India. My company is saying that they will deduct Taxes on my Global income so they are deducting taxes from April 07 till March 08 on Indian salary component.

    It means I paid taxes on indian salary component in USA and in india as well. I am victim of double taxation Can you tell me can I claim the return on indian salary in USA and in india.

    Thanks ,
    KK
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Sep 7, 2007, 07:56 PM
    KK:

    When you file your U.S. return, you should file Form 1116 to claim a credit for taxes paid to India.
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!

Inclusion of Indian salary for filing US tax [ 5 Answers ]

Hi, I am in US on L1 along with my wife (L2) since Aug 29, 2006. I am getting US salary here since that time. Before coming to US I was getting indian salary for which I have paid taxes in India. In my W2, only US salary is mentioned. My wife is not earming any income in US. 1. Do I file as a...

Home country salary from US salary [ 3 Answers ]

Hi, I am a L1 visa holder from india and was working in Massachusetts from aug 2005 to dec 2005 as a contractor from my original company in india. I used to receive the US salary from aug 2005 to dec 2005 for which I have the W2. During the same period I also used to receive my indian...

H4 dependent and taxation [ 1 Answers ]

I am an h4 dependent , entered the usa on July 19 2007. If I deposit a demand draft in my name issued by my dad will it be taxed next year?

NJ taxation on a NY LLC [ 3 Answers ]

In 2006 our landscaping business formed an LLC in NY. All of our equipment and supplies are maintained in NY. We only have 2 (individuals) members and both of us are NY residents. We have no employees. We do business in NY, NYC and NJ. We are registered sales tax vendors in NY and NJ. Besides...

Taxation [ 1 Answers ]

Does higher taxation mean better standard of living? Justification is required.

View more questions Search