[virenderpal]

I am filing my tax retruns as us resident waiting for my green card, my lic life insurance policies matured in india recently and i also received pf amount from my previuos company .
They are not taxable in india. Do i pay tax in usa on this .the policies matured after 20 years out of which 18 years i was indian resident .similarly i received pf amount from my employers in india after i came i came to usa .is it taxable in usa under indo us treaty.
Pal

[AtlantaTaxExpert]

The matured life insurance proceeds are probably NOT taxable because most "dividends" on life insurance products are NOT deemed to be dividends at all, but rather refunds of premiums paid.

However, I would have to do detailed research of the U.S.-India Tax Treaty to be sure, and such research cannot be done without proper compensation.

[virenderpal]

I need professional help ,
What are your charges for
a) FBAR filing ,
b) Filing amended Tax returns to include indian income not reported earlier .
c)Also can I enage you on chargeable basis to answer to my sepecific questions on life insurance policies maturity amounts and Employee Provient Fund ( whether taxable in USa).
Pal

[AtlantaTaxExpert]

Pal:

Email me at [email protected].