Hi,
I have been in USA since Mar 2011 till with a gap of 3 months in between. In 2013, I resigned from my Indian based company ABC and joined another Indian based company XYZ but as on onsite recruit here in USS. Hence XYZ company did not allow me to transfer the SA and PF from company ABC to company XYZ. As a result, company ABC had transferred my Gratuity, Super Annuation and Provident Fund to my bank account in India.
Now the question is , do I need to report these amount while filing for 2013 US Tax returns and if yes, then will these be taxable.
Any information in this regard is highly appreciated.
Thanks
Kumar
I have been in USA since Mar 2011 till with a gap of 3 months in between. In 2013, I resigned from my Indian based company ABC and joined another Indian based company XYZ but as on onsite recruit here in USS. Hence XYZ company did not allow me to transfer the SA and PF from company ABC to company XYZ. As a result, company ABC had transferred my Gratuity, Super Annuation and Provident Fund to my bank account in India.
Now the question is , do I need to report these amount while filing for 2013 US Tax returns and if yes, then will these be taxable.
Any information in this regard is highly appreciated.
Thanks
Kumar