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# N J Reddy యన్.జే.రెడ్డి

• ### Adding Indian income to US income?

As the matter is important, I expect a correct answer from tax knowledge persons only.

if my tax status in US is Resident with my US income USD 100,000 per year and having taxable income in India, then please let me know the following.

INDIAN INCOME: If my Indian income, Income from “Rent on House property” say, USD 20,000 per year. On that the Indian Income Tax department allowed a deduction of 30% (6,000 rebate) on 20,000 towards repairs and other expenses. So my net income became 14,000 (20,000-6,000). Again there is a basic Standard Deduction of 2,500 for every Tax assessee per year. So finally the taxable income became 11,500. (20,000-6000-2500=11,500). On the net , 11,500 I have paid a tax of 2,300 in India.

Now, which amount I have to show as my Indian in my tax returns in USA. Please guide me.

1. To declare total Rental income 20,000 ignoring all deductions (6,000 & 2,500)

2. To declare 14,000 after utilizing 6,000 deduction (Ignoring Standard deduction 2,500)

3. To declare 11,500 after utilizing all the deductions (6,000 & 2,500)

Hope that I can claim the tax paid in India (2,300) in my US tax returns.

Personal Finance7 months ago
• ### How to add Indian income in US Tax return?

As the matter is important, I expect a correct answer from tax knowledge persons only.

if my tax status in US is Resident with my US income USD 100,000 per year and having taxable income in India, then please let me know the following.

INDIAN INCOME: If my Indian income, Income from “Rent on House property” say, USD 20,000 per year. On that the Indian Income Tax department allowed a deduction of 30% (6,000 rebate) on 20,000 towards repairs and other expenses. So my net income became 14,000 (20,000-6,000). Again there is a basic Standard Deduction of 2,500 for every Tax assessee per year. So finally the taxable income became 11,500. (20,000-6000-2500=11,500). On the net , 11,500 I have paid a tax of 2,300 in India.

Now, which amount I have to show as my Indian in my tax returns in USA. Please guide me.

1. To declare total Rental income 20,000 ignoring all deductions (6,000 & 2,500)

2. To declare 14,000 after utilizing 6,000 deduction (Ignoring Standard deduction 2,500)

3. To declare 11,500 after utilizing all the deductions (6,000 & 2,500)

Hope that I can claim the tax paid in India (2,300) in my US tax returns.

Personal Finance7 months ago
• ### USA Tax Identification Indian Income Tax Authorities.?

I have to inform my USA Tax Identification Indian Income Tax Authorities. My USA Tax Identification is x60-x3-xx49. Shall I mention the same or shall give x60x3xx49. Kindly clarify.

2 AnswersOther - Education1 year ago
• ### Tax Identification Number in US for International Tax purpose.?

A student, after her MS, working in US with F! visa. Now her US tax status is Non Res. She has filed her 2018 returns together with her husband who is having H1 Visa and US resident for tax purpose. She has shown her Indian Income in the tax returns and paid the tax also.

Now she has to file her tax returns in India for her Indian income. Now we have to write her US Tax Identification Number in the Indian Tax Form. She is having her 9 digit SSA number (In Form W-2). Let me know the 9 digit SSA number is the TIN number or different.

• ### Tax status question.?

Please clarify the Tax Status of a Indian student studied and now working in US as per below details: (Resident or Non Resident Alien.

2015: Student. 124 days stay in US with F1

2016: Student. 344 days stay in US with F1

2017: Student with F1 for 3 months. Next no job for 5 months and next worked with F1 OPT status for 4 months.

Now what is his status for tax purpose for 2017.

• ### Tax on world wide income in US. Financial years in US and Financial Year in India differs. How to file taxes?

A US resident alien (Not a green Card holder & not a US Citizen) is having Rental Income and Bank Interest income in India during US Financial Year 2017. Indian Financial Year differs from US. Indian FY. is 1st April 2016 to 31st March 2017 (FY:2016-17). To report Indian Income at US for 2017, one has to go through 2 Indian Financial Years. That is FY:2016-17 & FY: 2017-18. How to show Indian Income & how to claim tax paid paid in India in US FY.2017. Please explain

• ### Tax on world wide income in US. Financial years in US and Financial Year in India differs.?

A US resident alien (Not a green Card holder & not a US Citizen) is having Rental Income and Bank Interest income in India during US Financial Year 2017. Indian Financial Year differs from US. Indian FY. is 1st April 2016 to 31st March 2017 (FY:2016-17). To report Indian Income at US for 2017, one has to go through 2 Indian Financial Years. That is FY:2016-17 & FY: 2017-18. How to show Indian Income & how to claim tax paid paid in India in US FY.2017. Please explain

• ### US Gift Tax Question?

An Indian Citizen working in US with tax status as resident alien (for tax purpose) receives a Residential House worth USD 180,000 located at India receives as a gift then (1) Is it to be reported to IRS along with US tax returns? (2) If it is subject to Gift tax, than what will be the Gift Tax. Kindly explain.

• ### About Taxes in US?

My son is a US Citizen. In India we have divided our family property. My son got USD 14,500 to his share. I want to send USD 14,500 to him to USA. How much tax my son has to pay at USA. Some one told me to send the same after 31st Dec.2017.

• ### My answer has been deleted and troubel in appealing. How to send my appeal?

Some one is reporting on my answers just to give me trouble. Yahoo automatic notice services sending notices and troubling me a lot. Now one of my answer has been deleted and while appealing by clicking on the link sent by Yahoo I am getting "Sorry, Unable to open appeal page.". What is the reason. How to send my appeal other than the link send by them.