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....
Tax Treatment of Indian ELSS Funds Under IRS Equity Linked Savings Schemes (ELSS) are highly popular in India for their dual benefit of equity growth and tax deductions under...
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...
Form 8938 for Indian Investment Disclosure While the FBAR is a broad report for all foreign accounts, Form 8938 (Statement of Specified Foreign Financial Assets) is a deeper dive...
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...
Are HDFC Mutual Fund Dividends Taxable in the US? The short answer is yes. If you are a U.S. tax resident, dividends from HDFC mutual funds are fully taxable...
Mirae Asset Funds and FATCA Reporting Guide Mirae Asset is a powerhouse in the Indian investment landscape, known for top-tier schemes like the Mirae Asset Large Cap Fund and...