Get your taxes done using TurboTax

Yes, you need to add this income and offer it in your US tax return. You can claim a tax credit of the 30.90% TDS that your bank has deducted back in India. Do not miss offering this income in your US tax return. 

Also note following points:

  • Check if you are liable to do FBAR and Form 8938 reporting if your foreign assets are above the specified thresholds. 
  • Make a FATCA declaration and inform your US person status to bank in India

Thanks!