2026 Tax Deadlines: When to File Form 8621 for Indian Mutual Funds For H-1B professionals, the “Tax Day” countdown is more than just a 1040 deadline. If you have...
Form 8621 Fines Can Be Brutal, Here’s How to Avoid Them When Indian NRIs discuss IRS penalties, they usually worry about the $10,000+ FBAR fine. However, for your 2026...
Understanding IRS Notices For many, opening the mailbox to find an envelope from the Internal Revenue Service triggers immediate anxiety. However, in the 2026 tax season, most IRS notices...
FBAR, FATCA & PFIC Three reporting regimes. Twelve asset categories. One table that tells you exactly where your Indian holdings land — and what filings they trigger. For NRIs...
Your H-1B Visa Doesn’t Exempt You from PFIC Penalties, Here’s Why A common misconception among the Indian H-1B community is that because they are “non-immigrants” or “temporary workers,” their...
How to File Form 8621: PFIC Compliance Guide for Indian Americans For Indian Americans, IRS Form 8621 is the “price of admission” for holding mutual funds, ETFs, or certain...
Indian Balanced Funds and IRS Form 8621 Reporting In India, Balanced Funds (now officially called Hybrid Funds) are popular for their “auto-rebalancing” nature, mixing equity and debt to manage...
ULIPs vs. Mutual Funds – US Tax Differences In India, Unit Linked Insurance Plans (ULIPs) are often marketed as a superior alternative to Mutual Funds because they provide a...
Redeemed Indian Mutual Funds – Do I Owe US Tax? If you redeemed (sold) units of an Indian mutual fund in 2025, you likely noticed that your Indian broker...
ELSS vs. Index Funds in India – PFIC Implications For an investor in India, the choice between an Equity Linked Savings Scheme (ELSS) and an Index Fund is usually...