pk
Level 15
Level 15

Deductions & credits

@anjanr73 , I need some clarification on this  --

(a) are you US citizen/Resident( GreenCard)/Resident for tax purposes ( H1 or J visa or ? ); 

(b) are you referring to the "growth" in the PF or your contribution in 2019 or what when you say "accrual" ?

(c) I will have to research more on the PF scheme in India , but  my understanding is that it is a scheme where  in the employee and /or employer contribute  for retirement ( can be  withdrawn under certain circumstances -- this is in lieu of US retirement & tax advantaged schemes like 401/403 etc. and/or employer established retirement schemes.  Is this what you are talking about?  Is the contribution also include your US income based  income for 2019?

 

Namaste

 

pk