Foreign Income Disclosure and calculation methodology
X X X X Extracts X X X X
X X X X Extracts X X X X
....oreign Income Disclosure and calculation methodology<br> Query (Issue) Started By: - Krishnendu Chakrabarty Dated:- 26-8-2015 Income Tax<br>Income Tax<br>Hi I had earned US Income in one of my past y....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ears. I had paid the following taxes there 1. Federal Tax 2. State Tax 3. Social Security Tax 4. Medicare Tax However, I was a Resident Indian in that year as I had stayed in India for 60+ days a....
X X X X Extracts X X X X
X X X X Extracts X X X X
....nd I had returned to India. But unknowingly I had filed as a NRI, which I was actually not. Question 1. In the context of the black money law how can I pay the differential tax (if any) Question 2. ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....What is the calculation methodology for the same. a) Which Income should I include , Gross Income or Net Income b) Do I get credit for both Federal and State Taxes c) How to account for Social S....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ecurity and Medicare Taxes. Please help.<br> Discussion Forum - Knowledge Sharing ....


TaxTMI