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

    Aug 24, 2009, 01:35 PM
    Am I eligible for Double Taxation.
    Hi,
    I am currently working in US on L1. I came US on 3-Apr-2009. I am going back in Oct 2009. Currently I am paying tax applicable for CA, USA. I am married.
    Do I need to pay tax in India also when I will file return in India for 2009-2010?
    I have Home Loan in India. Can I get any tax benefit while filing retruns in US?
    Appreciate your reply with detail explanation on this situation.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Aug 24, 2009, 02:31 PM
    The income you earn while in California IS subject to both CA state and federal income taxes, as well as FICA (Social Security and Medicare) taxes.

    It MAY be subject to Indian income taxes as well; I am NOT an Indian tax expert, so I cannot say for sure, but you can post the question to mytaxes - Index to determine your Indian tax liability.

    You will file your U.S. return as a non-resident alien, filing Form 1040NR plus Form 2106 to claim daily living expenses. Such a deduction IS permitted because your stay in the U.S. being LESS than six months, qualifies as a temporary job. This assumes you did NOT receive a tax-free daily living stipend from your employer.

    If you need professional help filing, we specialize in such filings for client in overseas locations. You can contact us at [email protected].
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #3

    Aug 25, 2009, 01:09 AM

    About India taxes, you can post at mytaxes - Index
    Short reply: Do not enter India before October 6, 2009.
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!

Double taxation [ 1 Answers ]

1) in the past three years I had been in US and doing job there in a company which has its office in india also.During the financial year 06-07 I came back to india on July 28th and start working job in india from 1st august06. Now my problem is what I have earned in india(salary and interest on my...

Double taxation. [ 3 Answers ]

I'm in USA.. My status is resident indian... So to avoid double taxation what would be the ideal time to go to india? Or it simply doesn't matter if I moved back to india at anytime? I have been hearing like if I move before 31st March I have to pay double tax in india otherwise not... Right now...

Double Taxation [ 1 Answers ]

Hi, I am working in US on L1. I came in Late September'08 and will be moving back sometime in April'09 this year. I have filed my US TAX return for the yr2008 for my period of stay in 2008. Question: If I return after March 31st'09. Say on 5 th April will I be liable to pay double...

Double taxation [ 1 Answers ]

I had few questions regarding double taxation. - Since I am planning to come back to India somewhere around (last week) Nov 08 (mostly 30th Nov), I want to know if my NRI status will still hold good. Here are the required details: 1. In December, I would have completed 8 months in the US...

Double taxation [ 1 Answers ]

How does double taxation of corporate occure

View more questions Search