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A
arvind-doraiswamy
June 4, 2019
Question

I earned Interest income from savings bank and fixed deposit accounts in India. Tax was withheld at source for this. I entered this amount in Box 4 of 1099. Correct?

  • June 4, 2019
  • 1 reply
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1 reply

D
DavidD66
June 4, 2019
If it was US Federal tax withheld, the answer is Yes.  If it was foreign tax (India) it would be entered in Box 6.
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A
arvind-doraiswamyAuthor
June 4, 2019
If I make this change, it says that I now owe more tax to the US government. But this doesn't make sense; I've already paid this tax in another country. Why am I being taxed again?
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