bkr9
Level 1

Investors & landlords

Do I have to pay tax in US also if I already paid tax in India. I have similar situation:

 

I got inherited property in India worth around than $100,000. The property will be sold under long term gains and taxes immediately paid in India. In this case, do I need to pay any tax in US? Which form do I need to fill for reporting purpose and what documents are needed for US tax filing.