RobertB4444
Expert Alumni

Get your taxes done using TurboTax

So let's take your questions in order-

 

1- You don't need any additional forms in order to put your W2 on the tax return.  Just enter the information as it appears on the form.  You should attach a copy of your W2 when you mail in the return.

 

2- You should enter the interest received in the system as though you had received a 1099-INT from the IRS and include the total amount you got.  You don't need to have any documentation for this.

 

3- You do need to include the 1099-R on your tax return and you need to send in a copy if there is any withholding in box 4 of the form.  If box 4 is empty you do not need to include a copy of the form when you mail the return.

 

4- You should use the exchange rate from the end of 2022 if you have it.  If not use the exchange rate that you do have.  Just be consistent.

 

Make sure to do your Indian return first before you do your American return.  As @DaveF1006 notes you are entitled to a foreign tax credit but you'll need to file the Indian return in order to get the amount that you paid.  You are only entitled to a foreign tax credit for income that is also on your American return so be sure that if there is any income on your Indian return that is not included on the American return then you figure out the tax on that and don't include it.

 

@AVISHEKROY 

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