Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Jul 31, 2024 12:36:02 AM

Indian EPF taxed in USA

I have come to US in March 2018. I was employed in an Indian MNC since 2006 and switched to a US company in July 2023 after 17 years of service in the Indian MNC. 

 

At the time of my exit, I got EPF from my company, Gratuity, super annuation fund.  EPF has my contributions, my company contributions and the interest on the contributions. 

 

I want to understand how this will reported in US tax return and is there any income tax to be paid in USA. In India, all these incomes are exempted. 

0 1 15303
1 Replies
Employee Tax Expert
Jul 31, 2024 10:07:23 AM

Welcome, ramakantmittal!

 

Under US tax law, all worldwide income in taxable in the United States. As a legal US resident, you are subject to the same tax rules as US citizens. This article goes into more details:

Tax Tips for Resident and Non-Resident Aliens

 

Also please review the US-India Tax Treaty here: India Tax Treaty Documents

 

**Say "Thanks" by clicking the thumb icon in a post

**Mark the post that answers your question by clicking on "Mark as Best Answer"