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...
Inherited HDFC Mutual Funds Before Becoming a US Resident? Inheriting wealth from India is a common scenario for many moving to the U.S. in 2026. If you inherited HDFC...
HDFC Mutual Funds to the IRS Yes. If you are a U.S. tax resident (including H1B, L1 visa holders, and Green Card holders), you are legally required to report...
Taxation of Nippon India Mutual Funds in the US For U.S. tax residents (citizens, Green Card holders, or those passing the Substantial Presence Test), Nippon India Mutual Funds (formerly...
The Hidden IRS Risk Lurking in Your Indian Mutual Funds For most H1B professionals, investing in an Indian mutual fund seems like a straightforward way to build wealth in...
Did You Miss PFIC Form 8621? Here’s What H1B Investors Must Know For many H1B professionals, tax season involves a quick upload of a W-2 and perhaps some 1099s....
Indian Mutual Funds Are PFICs: What Every H1B Needs to Know For most Indian professionals on an H1B visa, maintaining a portfolio back home is a standard part of...
PFIC Tax Nightmare: H1B Professionals Paying 50% Tax on Indian Mutual Funds For many H1B professionals, the “India Growth Story” is a primary pillar of their wealth strategy. You...
Are You an H1B Investor? You Might Be Non-Compliant with PFIC Rules For most H1B holders, the transition to being a U.S. Tax Resident happens quickly through the “Substantial...
The H1B & L1 Residency Guide: When Does Your Global Income Become Taxable? For visa holders, “residency” is a double-edged sword. In the eyes of USCIS, you are a...