New to PFIC Rules? A Beginner’s Guide for NRIs with Indian Mutual Funds If you recently moved to the U.S. from India on an H-1B, L-1, or Green Card,...
Married to a US Citizen? 2026 Guide to Reporting Indian Assets Marrying a U.S. citizen often triggers the “6013(g) Election,” a choice that allows you to be treated as...
Sold HDFC Mutual Funds After Getting Green Card – How to Report It? For a new Green Card holder in 2026, selling an Indian mutual fund like HDFC Top...
Bought Indian Mutual Funds While a Student in the US – What Now? For many Indian students on F1 or J1 visas, the first few years in the U.S....
IRS Penalties for Not Reporting Indian Mutual Funds Failing to report Indian mutual funds isn’t just a matter of “back taxes.” Because these funds are classified as Passive Foreign...
UTI Mutual Funds Investment – US IRS Tax Implications UTI Mutual Fund, one of India’s oldest and most established fund houses, is a popular choice for NRIs. However, for...
Should You Sell Your Indian Mutual Funds? A PFIC Tax Perspective For Indian NRIs in the U.S., the “Should I sell?” question is rarely about market performance. In 2026,...
Are Indian Mutual Funds Taxable in the US? The short answer is yes. If you are a U.S. tax resident, whether you are a citizen, Green Card holder, or...
HDFC Mutual Fund a PFIC Under IRS Rules Yes. For nearly all U.S. tax residents, including those on H1B, L1 visas, or holding Green Cards, HDFC Mutual Fund units...
Held HDFC Mutual Funds as NRI Before Marriage – IRS Reporting Guide If you were an NRI (Non-Resident Indian) who invested in HDFC mutual funds while living in India...