Hi,
While working in USA I received RSU grants later after 6 months I transferred to India in the same company.
Since this is a continuation of employment my RSUs vested while being in India payroll after 6 months.
As I understand, for Federal taxes, RSUs are taxed based on time of employment being in USA; in this case 50% time the RSUs are on USA payroll.
While withholding taxes on RSU vesting, for Federal taxes my company considered 50% as taxable RSU income and withheld shares accordingly only.
Whereas for India 100% is considered as taxable RSU income, and taxes withheld accordingly but by subtracting/adjusting my USA/Federal taxes as a credit.
However in the USA W-2, I see that RSU income is reported is 100% RSU value, which makes me to pay double taxes for the full RSU income (in USA once and in India once).
What are the options I have in this situations?
1. Can I ask my employer to correct to reflect the taxable RSU income rather than the actual received value?
2. While filing the taxes can I adjust the RSU taxable income though W-2 has different.
3. Do I need to file as it is and claim for foreign tax credit either in USA or India (I am tax resident in both, this time).
Thanks in advance.
