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    shiraz1m's Avatar
    shiraz1m Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 21, 2008, 12:09 PM
    Worldwide Income
    I have just become a Permanent resident (got a green card) and would like to know
    1. Since I got it in Dec. 07 (which is almost end of the year) do I qualify for filing worldwide income
    2. I file taxes in India, how do I file worldwide income tax and how does it work ?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jan 21, 2008, 12:38 PM
    1) Yes, you must claim ALL of your world-wide income.

    2) You file as a resident alien, then claim the Foreign Tax Credit (Form 1116) for taxes paid to India.
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