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USA foreign tax credit and ITR filling on TDS
Hello - I am filing USA tax as a resident. I also have some income [3000$] in india as a form of TDS [1000$]. When i am showing my india income as a interest 1099-INT in USA tax filing then USA impose tax on it, says 25% i.e 750$. When i claiming Foreign tax credit then i am only getting back around 300$. I read and this $300 is because of dual tax.
In above calculation, i ended up paying india tax $1000+USA tax [750-300=450] = Total 1450$ on 3000$ TDS.
i think something is wrong. Am i eligible to file india ITR to get my 1000$ TDS back although i have shown the same in USA tax filing?
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‎February 23, 2025
3:07 PM