Should You Report Kotak Mutual Funds Gains in FBAR? One of the most common points of confusion for US residents with Indian investments is whether they need to report...
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...
Franklin India Mutual Funds and IRS Tax Treatment For U.S. tax residents, holding Franklin India Mutual Funds is significantly different from holding Franklin Templeton funds in a U.S. brokerage....
FBAR or Form 8621? In 2026, if you and your spouse jointly own Indian mutual fund folios (e.g., with SBI, Axis, or HDFC), you are subject to two entirely...
Indian Mutual Funds on Form 8621 Reporting Indian mutual funds is a multi-step process that requires converting Rupee values to USD and making a critical choice between three taxation...
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...
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...