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Resident Alien - Receive Money from India
I am an Indian citizen working on a work visa in the USA.
What are the tax implication in the USA for the following scenarios when i need to get a money from India to USA.
1) Money received from selling inherited property (From parents)
2) Money received from Parent as a gift
In both scenario, appropriate tax is paid back in India.
3) Money which i send to Family earlier and now i am getting it back (For which i already paid tax earlier in USA)
As of now i file tax return only in USA not in India.
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‎September 3, 2020
1:01 PM