PFIC Rules for Indian Mutual Funds in the U.S.: Form 8621 Essentials
Most India‑domiciled mutual funds and pooled products are PFICs for U.S. taxpayers, causing punitive tax treatment and annual…
Articles by Sai Sankar
NRE and NRO Interest for U.S. Taxpayers: IRS Rules & FTC
Report Indian NRE and NRO interest on your U.S. tax return because the IRS taxes worldwide income. Claim…
Green Card Holders with Indian Rentals: Key U.S. and India Tax Traps to Avoid
U.S. Green Card holders must report Indian rental income on Form 1040 and claim Foreign Tax Credit on…
Understanding U.S. Expatriation Tax for Green Card Surrender in India
Renouncing U.S. residence can trigger the Expatriation Tax if you meet Covered Expatriate tests: $2 million net worth,…
H-1B Exit Trap: How to Navigate State Tax Residency After Leaving
Leaving the U.S. doesn’t automatically end state tax residency; states focus on domicile and ties. H-1B and temporary…
Child Tax Credit for Non-U.S. Families: H-1B and F-1 Rules
The Child Tax Credit requires a child to have an SSN, live in the U.S. over six months,…
U.S. Tax Rules for Indian Retirement Accounts: EPF, PPF, NPS
EPF, PPF, and NPS growth is taxable for U.S. tax residents despite Indian exemptions. File FBAR if foreign…
FEIE vs FTC for Indian H-1B and F-1 Earners with India Income
Choose FEIE (Form 2555) to exclude qualifying foreign salary up to about $126,500 (2025) if you meet residency…
When Indian Tax Is Lower: How FEIE and FTC Shape U.S. Tax
Report worldwide income on Form 1040. Use FEIE (up to $130,000 in 2025) for qualifying earned salary; use…
OCI Card-Holders Must Submit e-Arrival Form 72 Hours Before Arrival
From 1 October 2025, all foreign visitors, including OCI card-holders, must file an e-Arrival Form online within 72…