Frequently Asked Questions
Common questions about individual tax filing for NRIs
Yes, if you're on H-1B visa and working in the US, you're required to file US tax returns. You're considered a tax resident and must report your worldwide income.
FBAR (Foreign Bank Account Report) must be filed if you have foreign financial accounts with an aggregate value exceeding $10,000 at any time during the year. This includes bank accounts in India.
Yes, the US-India tax treaty provides various benefits including reduced withholding rates and exemptions for certain types of income. Eligibility depends on your specific circumstances.
Typically 5-7 business days for standard processing, 3-5 days for priority, and 1-2 days for rush processing, depending on the complexity of your return.