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U.S. Taxpayer with Indian Assets: Estate Tax and FBAR Rules

Indian accounts, real estate and shares are included in the U.S. gross estate for deceased U.S. citizens and residents. Executors…

When Indian Tax Exceeds U.S. Tax: Maximize FTC Benefits

If India tax on the same income is higher than U.S. tax, taxpayers can claim the Foreign Tax Credit on…

Top 7 U.S. Tax Mistakes OCI Cardholders Must Avoid (2025)

OCI status does not alter U.S. tax obligations: U.S. citizens must report worldwide income, disclose foreign accounts (FBAR, FATCA), use…

Foreign Trust Rules for Indian Family Gifts to U.S. Beneficiaries

Trusts formed and administered in India with U.S. beneficiaries are foreign trusts for U.S. tax purposes. Trustees must file Form…

Green Card Holders From India: Report Worldwide Income

Receiving a U.S. Green Card makes OCI-holding parents U.S. tax residents required to report global income, file Form 1040, and…

F-1 Tax Residency After Year 5: Indian Students’ Worldwide Income

After five calendar years, F-1 students begin counting U.S. days for the Substantial Presence Test on January 1 of year…

U.S. Tax Rules for Indian Crypto Staking and NFTs (2025 Update)

IRS guidance (Nov 1, 2025) requires U.S. taxpayers of Indian origin to report staking rewards and NFT income. Value rewards…

Best Tax Structure for Indian Freelancers Earning USD from U.S. Clients

If work is done in India, income is India-sourced and taxed in India. GST may be zero-rated for exports but…