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Foreign Salary Income should be included in US tax year ?
Hello Team,
I moved to U.S. on Feb 03 2022 for first time. Now I will be submitting tax returns in US for the year 2022.
Before moving to US, I used to get salary income in India. And Indian tax year is from April 2021 to March 2022. So, I submitted tax returns and paid taxes for Indian income received till Jan 2022. And I also included US salary of Feb and March 2022 in India tax returns. I included US salary in Indian tax returns because, I was resident Indian for that financial year & India also taxes global income.
Now, question is -
1. should I include salary income of Jan 2022 in US tax returns or not ? As I am resident alien for tax year.
2. I paid taxes on Feb-Mar US salary in India while submitting the Indian return. Can I get any tax credit for that ? How to claim that ? I took tax credit in India on these 2 months income for taxes paid in USA.
3. If I need to include Jan2022 salary in USD, how can I get credit for taxes paid in India ?
4. What currency conversion rate should I use for INR-USD ?
This is my first post on this community forum.
Thanks in advance.