pk
Level 15
Level 15

Deductions & credits

@roalddahl14  what I gather  from your post is that :

(a) you are a Resident Alien for tax purposes  --- you file your return on form 1040 ( supported by TurboTax ) and are taxed on your world income

(b) You have RSU ( or similar  restricted  stock grants ) from a foreign entity *( based in Singapore ). These are  now restriction free (vested ).    Assuming that  you have not recognized  these stocks  ( either in Singapore , India  or in US ), your basis  is this is probably  zero  -- unless  your employer at the time  showed  then FMV as income  and was already taxed.   Need details on this .

(c) Because you are Resident for Tax purposes and taxed on world income,  when you dispose of these shares/ equity your gain  is taxable income to the US.  It is immaterial  whether you are a Resident for Tax purposes  or  Immigrant ( GreenCard ) or citizen, you are still taxed on world income.

 

Hope this helps -- for more specific answer , please provide more details of the equity grant, basis,  any taxes  paid etc. etc.

 

I await your response 

pk