Housing
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FEIE vs FTC for H-1B and F-1 Income from India: Guidance
FEIE (Form 2555) excludes eligible wages earned abroad up to $130,000 (2025) if time tests are met; FTC (Form 1116)…
FBAR vs FATCA for NRIs: Key Rules, Thresholds, and Penalties (2025)
NRIs must check FBAR (>$10,000 aggregate foreign accounts) and FATCA (Form 8938 for broader assets with varying thresholds). Non-filing risks…
Rental Income Tax for H-1B/GC with Indian Property: Dual Filing
U.S. residents with rental property in India must file Indian returns when due, report the rent on U.S. Form 1040/Schedule…
NRIs Owning Indian Property While in the U.S.: Tax Rules
Simply owning Indian property does not trigger U.S. taxes if there’s no rent or sale. Reporting obligations focus on rental…
NRI Builds India Home for Parents: No U.S. Tax or Filing
An NRI-owned home in India used rent-free by parents generally creates no U.S. tax or property reporting. The main obligation…
Trump’s Anti-Immigrant Housing Policy Mirrors a History of Xenophobia
A 2019 HUD proposal to verify immigration status for all household members threatened to evict 25,000 families and displace 55,000…
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 Form 1116…
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 workers risk…