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Taxes & Filing

11 guides

US tax returns, FBAR, double taxation, India income, and what the India–US tax treaty actually means for you.

Taxes

FBAR for NRE and NRO Accounts: What Indians in the USA Need to Know

If you hold NRE or NRO accounts in India and live in the USA, U.S. tax rules may require you to disclose them — through FBAR with FinCEN and, in some cases, Form 8938 with your IRS tax return. Here is what you need to know.

Read guide →8 min
Taxes

The PFIC Trap: Why Indian Mutual Funds Punish US Taxpayers

Holding Indian mutual funds, ULIPs, or ETFs as a US resident triggers brutal PFIC tax rules and Form 8621. Here's what it costs and how to escape cleanly.

Read guide →6 min
Taxes

Do I Need to Declare Indian Income on My US Tax Return?

Rent, FD interest, capital gains, PPF, dividends — here's exactly which Indian income a US resident must report, what's exempt, and how to avoid penalties.

Read guide →5 min
Taxes

The US 1% Remittance Fee: How to Avoid It When Sending Money

A new US excise tax adds 1% to certain transfers abroad. Here's exactly which transfers are hit, which are exempt, and how to legally avoid it.

Read guide →4 min
Taxes

India-USA Double Taxation: How the DTAA Protects Your Income

Don't pay tax twice on the same rupee. Here's how the India-US treaty and the Foreign Tax Credit work — with a worked example that saves you thousands.

Read guide →5 min
Taxes

FBAR & FATCA Explained: Reporting Indian Accounts to the IRS

Hold bank accounts, FDs, PPF, or mutual funds in India? Here are the exact filing thresholds, deadlines, forms, penalties, and how to fix missed years.

Read guide →6 min
Taxes

Missed Your FBAR? IRS Streamlined Procedures for NRIs Explained

Unreported Indian accounts from past years? The IRS Streamlined Procedures let non-willful filers catch up with little or no penalty. Here's how to fix it.

Read guide →5 min
Taxes

Am I a US Resident for Tax Purposes? Substantial Presence Test

The 183-day formula isn't what you think. Here's the exact IRS Substantial Presence Test calculation, the exempt-individual rules, and a worked example.

Read guide →5 min
Taxes

Is Your Indian PPF Taxable by the IRS? (US Tax Rules Explained)

PPF interest is tax-free in India — but the US doesn't honor that. Here's how the IRS likely treats your Public Provident Fund and the reporting you owe.

Read guide →5 min
Taxes

Best and Worst US States for Taxes: An H-1B Take-Home Guide

The same salary nets very different take-home pay by state. Here's how state income tax shifts your paycheck — and the no-tax states tech workers love.

Read guide →5 min
Taxes

Your First US Tax Return on H-1B: A No-Panic Guide

Resident vs. non-resident, the substantial presence test, India income, and the forms that actually matter.

Read guide →3 min

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