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    vinit4you's Avatar
    vinit4you Posts: 3, Reputation: 1
    New Member
     
    #1

    Feb 14, 2007, 08:53 AM
    Foreign Income in two diff countries . But paid tax already in those countries
    Hi,

    I am resident alien for Tax Yr 2006.
    I earned some income in Singapore (3 months) and In India (3 month) in Yr 2006.
    I guess, I can claim foreign tax credit for India as I am citizen of India and I pass 12 months test. But In Singapore I was on for 5 consecutive months and out of that only 3 months in 2006. But the funny thing is I paid tax in Singapore on my income.
    Still do I need to pay the tax on same Singapore income in US tax returns for which I already paid tax in Singapore?
    Also kindly confirm if I am eligible for Indian tax credit (1116).

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

    Feb 14, 2007, 10:39 PM
    Vinit:

    You should prepare TWO Forms 1116: one for India and one for Singapore. Combine the credit on Form 1040.

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