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

    Apr 1, 2007, 05:02 PM
    Taxes - US and India
    Hi,
    I recently moved from the US to India and I still maintain my permanent resident status in the US. How do I pay taxes in India and the US? My income in India is getting taxed at source and have a new PAN no set up. But for my investments in the US, how do I pay taxes? Do I pay it in the US or do I pay it in India?

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

    Apr 5, 2007, 12:53 PM
    Ava:

    You must pay U.S. taxes on ALL world-wide income if you have maintained your resident status.

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!

Scholarship in India [ 4 Answers ]

Hi sir I am samrat chakrabarty student of mechanical first year iwould like 2 ask u giving information regarding schlorship in india through net so that ican get them in future

Are Indian non-resident students subject to taxes in India on US income? [ 3 Answers ]

Are students who are non-resident in the US for tax purposes, subject to tax in India? If so how can the back taxes be paid? Should we submit that we were subject to taxes in India because we intend to pay our taxes?

Was In H1 and back to India [ 1 Answers ]

HI, I was in my h1 from feb mid 2006 to aug end 2006. I went back to India. I was in th e Washington state ( No state Tax). I was here with my wife as well as my son for the whole period which I was @ usa. To file tax what has to be done. 1. Should I apply for ITIN for my wife and son....

How man from India can come to US [ 2 Answers ]

Hello-- Please help!! I have a friend who is madly in love with a man from India and he is madly in love with him too. What is the proper procedure for bringing him to the US so the two can be together... I do wish the best for them!! What does he have to do to come here? Where can he turn to...


View more questions Search