I am a US citizen by birth but living and working in India. Do I need to pay any kind of tax to the US govt?
may not have pay tax on income if under us$85 700. if on amount, won't have pay tax on first $85 700 pay tax on rest. but, citizens must file tax report irs if living abroad permanently. 1 of strictest enforcers of tax, if don't file tax report, may trouble when returning us.
if earn on us$85 700, may eligible receive foreign tax credits, helps reduce double taxation, taxed in both india , us, cannot claim first $85 700.
i have accquired oci i.e. overseas citizenship of india , got passport renewed. have never been or worked in us. working in india around 2 yrs. please let me know details regarding taxes.
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