Search found 15 matches
- Wed Feb 27, 2008 8:23 pm
- Forum: TAT Admin Office
- Topic: MT: Tax for US Citizen living in India
- Replies: -1
- Views: 713
MT: Tax for US Citizen living in India
I left US on 6/23/2007 and earned US $ income until Aug End. I earned INR salary Sept onwards. So I have two income sources listed on 1040. One is my W2 from US company showing earning until AugEnd and I have added a non-W2 reportable income for my INR earning. Against this if I enter both FIE and ...
- Wed Feb 27, 2008 8:11 pm
- Forum: TAT Admin Office
- Topic: MT: Tax for US Citizen living in India
- Replies: -1
- Views: 713
MT: Tax for US Citizen living in India
Quick question.. I am under the impression that I can either take Foreign income exclusion(if I meet the physical presence test) OR Foreign tax credit. I have tax return using taxcut, it however does not stop me from entering both of these options together. Can I use both of these options to reduce ...
- Mon Feb 11, 2008 2:57 pm
- Forum: TAT Admin Office
- Topic: MT: Tax for US Citizen living in India
- Replies: -1
- Views: 713
MT: Tax for US Citizen living in India
Bobus
Many thanks for the clarification. This is just too good to be true. You guys are doing nice job to help others.
Many thanks for the clarification. This is just too good to be true. You guys are doing nice job to help others.
- Fri Feb 08, 2008 1:16 pm
- Forum: TAT Admin Office
- Topic: MT: Tax for US Citizen living in India
- Replies: -1
- Views: 713
MT: Tax for US Citizen living in India
Bobus Thanks for the update. One little clarification. How do I pay estimated taxes to IRS 4/15? what is the mechanism for that? Reason I am asking us , right now my tax cut shows me a refund even after considering foreign income and tax credit. Here is what I did. 1. prepared 1040 with w2 for ...
- Thu Feb 07, 2008 6:47 pm
- Forum: TAT Admin Office
- Topic: MT: Tax for US Citizen living in India
- Replies: -1
- Views: 713
MT: Tax for US Citizen living in India
Hi Bobus/RRK, You guys had answered the queries I had last time. I am a USC - returned on 6/26/2007 and working. I continued working for same company earning USD till mid-Sept'07 end and then joined the indian branch and started earning in INR. I am filing 1040 and will be claiming FTax credit(I can ...
- Tue Nov 20, 2007 6:44 pm
- Forum: TAT Admin Office
- Topic: MT: Tax Liability on Interest Income in Foreign Account
- Replies: -1
- Views: 133
MT: Tax Liability on Interest Income in Foreign Account
Hi Bobus (and others), I am a USC currently living/working in India. I am planning on investing in some equity MFs and tax saving (80c) MFs in INR. My questions are 1. First of can I buy/invest in Indian MFs being a USC.2 2. If answer is YES .. I guess I need to declare the divident income for Us ...
- Tue Aug 28, 2007 5:53 pm
- Forum: Asset Allocation Plans (AAP)
- Topic: List of members r2i-ed to Pune
- Replies: -1
- Views: 275
List of members r2i-ed to Pune
member id : mshrotri
Year of Return : July 2007
area in Pune : Symbiosys College
Year of Return : July 2007
area in Pune : Symbiosys College
- Mon Aug 27, 2007 2:05 pm
- Forum:
- Topic: MT: R2I Shipping questions
- Replies: -1
- Views: 0
MT: R2I Shipping questions
[quote=r2i4good;39460]mshrotri, Thanks for the detailed email, that was very informative. Did you take any insurance from them? From what I gather from sky2c, if you pack items yourself, the insurance does not cover any breakage, only loss of items. Thanks in advance. r2i4good[/quote] >> YES I took ...
- Mon Aug 13, 2007 10:48 am
- Forum:
- Topic: MT: R2I Shipping questions
- Replies: -1
- Views: 0
MT: R2I Shipping questions
I moved back to Pune in June 2007. We had a big townhouse in US and had been living here in US for 10y. I decided to ship my items with Sky2C. We sold of a lot of big ticket items like furniture, dinner tables, sofas etc. The only big items I had was a queen bed/27" TV/Ottoman chairs/Keyboard etc. I ...
- Mon Jul 16, 2007 11:02 pm
- Forum:
- Topic: MT: R2I Shipping questions
- Replies: -1
- Views: 0
MT: R2I Shipping questions
Hi guys I am facing a difficult question. I shipped my stuff from WashDC to Mumbai on 6/14 and got a email/letter from Sky2C Agent is bombay called ARK Royal agencies saying that they need my original US PP. They sent me a package with TR form and customer clearence forms. They asked to just sign ...