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...
How to Handle Switch Transactions Between Indian Mutual Funds In the Indian market, a “switch” transaction is often marketed as a seamless way to rebalance your portfolio, moving money...
How SIP Investments Are Treated for US Tax Reporting Systematic Investment Plans (SIPs) are a cornerstone of wealth building in India, but for a U.S. person (Citizen, Green Card...
Form 8621 Demystified: How Indians on H-1B Can Stay IRS-Compliant For an H-1B professional, “Form 8621” is often a term discovered only after a tax preparer flags a “Passive...
PFIC 101 for Indians in the U.S.: Stop Ignoring This IRS Rule If you are an Indian citizen on an H-1B/L-1 visa, a Green Card holder, or a U.S....
Still Holding Indian MFs on H-1B? Your U.S. Tax Return Might Be Incomplete For most H-1B professionals, filing a U.S. tax return seems straightforward: report your W-2 income, claim...
How to Report ICICI Prudential Mutual Funds to the IRS ICICI Prudential is one of India’s largest Asset Management Companies (AMCs), but for a U.S. tax resident in 2026,...
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...