r2i forum

Well, why not get Indian citizenship for the kids?

Hi. Thanks for this service. I am an Indian citizen and reside in India. My tax status is RNOR for AY 2015-2016 and 2016-2017. I have some RFC Fixed Deposits in US Dollars in an Indian PSU bank. This from wages I earned as an NRI. My question is: 1. Is the interest from RFC fixed deposits taxable as ...

[QUOTE=Veekay;594150]I don't think 1040NR applies to USCs - as in the case of OP.[/QUOTE]

Ah, you're right. Sorry for the noise!

To the best of my knowledge, the 1040NR series of forms cannot be e-filed. The year in which you R2Ied, you may either file as a US resident (1040), in which case you can e-file. But if you file a dual status return, you would have to paper file them. You might want to have a look at IRS Pub 519 for ...

Hi. I was an NRI and I returned to India last year. I have some US Dollar RFC fixed deposits in an Indian PSU bank. I am still trying to find out from the bank if they will do a TDS on it or not. Either way, my question is this: 1. Suppose that I am RNOR, do I owe tax on this investment? 2. I will ...