Long-Term vs. Short-Term Gains on Indian MFs – US Tax View In the Indian tax system, the distinction between Short-Term Capital Gains (STCG) and Long-Term Capital Gains (LTCG) is...
Taxation of Reinvestment Dividends for Indian MFs Many Indian mutual funds offer a “Dividend Reinvestment” option where profits are automatically used to purchase more units of the fund rather...
PFIC Reporting Made Easy For most Indian NRIs, IRS Form 8621 is the most intimidating part of the U.S. tax return. However, with the right documentation and a clear...
New US Resident Guide Moving to the U.S. involves more than just a new job and a social security number, it triggers a massive shift in how your Indian...
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...
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...
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...
SIPs in HDFC Mutual Funds to the IRS Systematic Investment Plans (SIPs) are a brilliant way to build wealth in India, but for a U.S. tax resident in 2026,...
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...