Short term captial gains on property sold in India?



I sold property in India and paid short term capital gains in India. What I am suppose to do here in U.S.? Report it as short term capital gains? How do I show the taxes I paid in India?
I am a us citizen.

Short term captial gains on property sold in India?
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2 Replies to “Short term captial gains on property sold in India?”

  1. if you are a US citizen or resident, you are being taxed on worldwide income. Report the gain on your US tax return also and file Form 1116 for foreign tax paid to India and get a credit to offset the US tax.






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