US Citizen working out of India office of a US company. My RSU got vested in 2020 but got taxed twice on US side and Indian side (didn't sign form W9 then). How to claim?

[columbusguy05]

The broker typically sells the tax equivalent amount of shares for Indian residents upfront (37%). But then I got another 30%  worth of stocks also sold. I am really bummed and need some help!

[ThomasM125 · Accepted solution]

I think you mean that you paid taxes in India for the restricted stock unit (RSU) sale, and also in the United States. If so, your remedy is to apply for a foreign tax credit on your US tax return, to see if you can have the foreign tax subtracted from your US income tax. 

You can use these menu options in TurboTax to see if you qualify for the foreign tax credit:

1. Deductions and credits
2. Estimates and other taxes paid
3. Foreign Taxes

You will see an option to deduct the foreign taxes or take a credit for them, the credit is usually best. Your credit is based on your US income versus foreign income, so you may not get the entire tax credited in the current year, but you can carry over the unused credit to future years.

[columbusguy05]

Thank you so much ThomasM125! Appreciate it!.