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...
HDFC Mutual Funds Bought During India Visits – Are They Taxable in the US? Many US-based NRIs use their annual trips to India to visit family and “tidy up”...
How to Handle Joint HDFC Mutual Fund Accounts Many U.S. residents hold HDFC Mutual Funds in joint accounts with their parents in India, often for succession planning or to...
Did Not Report HDFC Mutual Fund Gains If you realized that you didn’t report gains or holdings for your HDFC mutual funds on past U.S. tax returns, you aren’t...