U.S. citizens in India must report worldwide income on Form 1040 and file FBAR if foreign accounts exceed $10,000; misuse…
FEIE (Form 2555) excludes eligible wages earned abroad up to $130,000 (2025) if time tests are met; FTC (Form 1116)…
NRIs must check FBAR (>$10,000 aggregate foreign accounts) and FATCA (Form 8938 for broader assets with varying thresholds). Non-filing risks…
U.S. residents with rental property in India must file Indian returns when due, report the rent on U.S. Form 1040/Schedule…
Simply owning Indian property does not trigger U.S. taxes if there’s no rent or sale. Reporting obligations focus on rental…
An NRI-owned home in India used rent-free by parents generally creates no U.S. tax or property reporting. The main obligation…
For 2025, H-2A employers face stronger enforcement: pay the highest wage (AEWR), provide approved free housing, meals, transportation, and maintain…
Renouncing U.S. residence can trigger the Expatriation Tax if you meet Covered Expatriate tests: $2 million net worth, five-year average…
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