Taxes

Latest in Taxes

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…

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, five-year average…

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, be under…

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…

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 accounts top…

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 tests, or…

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 Form 1116…

Tax and Citizenship for U.S.–India Professionals and Expats

U.S. citizens must file U.S. returns reporting worldwide income even if earning only in India; Indian tax depends on residency…