🌍 Why NRIs Need to File U.S. Tax Returns

• IRS Residency Rules: Even if you are not a U.S. citizen, you may qualify as a U.S. tax resident under the Substantial Presence Test.

• Worldwide Income Reporting: U.S. residents (including NRIs in the U.S.) must report global income, including earnings from India.

• Dual Taxation: Without proper planning, the same income could be taxed in both India and the U.S.

• Penalties for Non-Compliance: Failure to disclose income, bank accounts, or assets can lead to hefty fines and even legal action.

• Tax Treaty Benefits: The India–U.S. Double Taxation Avoidance Agreement (DTAA) allows NRIs to avoid being taxed twice on the same income.

🔹 Our Services for U.S. Tax Filing

1. U.S. Federal & State Tax Return Filing

• Preparation and filing of Form 1040 / 1040-NR for NRIs.

• Compliance with both federal and state-level tax requirements.

• Advisory on residency status and how it affects your filings.

2. FATCA, FBAR & Global Asset Reporting

• Filing FBAR (FinCEN Form 114) for foreign bank accounts above $10,000.

• FATCA compliance: Reporting Indian bank accounts, investments, and assets.

• Ensuring complete global disclosure to prevent penalties.

3. Cross-Border Tax Planning

• Structuring investments to avoid double taxation under DTAA.

• Credit for Indian taxes paid against U.S. liabilities.

• Advisory on foreign tax credits (FTC) and exemptions.

4. Business & Self-Employment Tax Filing

• Filing for NRIs owning LLCs, partnerships, or corporations in the U.S.

• Advisory on self-employment taxes and Social Security agreements.

• Guidance for NRIs with freelancing, remote work, or consultancy income.

5. Tax Filing for Real Estate & Investments

• Reporting rental income from U.S. or Indian properties.

• Handling capital gains from sale of real estate, stocks, or mutual funds.

• Advisory on Section 1031 exchanges for U.S. real estate investors.

6. IRS Representation & Compliance Support

• Handling IRS audits, notices, or disputes on behalf of clients.

• Assistance with late filings, amended returns, and penalty relief.

• Advisory for NRIs returning to India but still having U.S. filing obligations.

🔹 Key Compliance Requirements for NRIs

• Form 1040 / 1040-NR – Federal tax return.

• State Tax Return – If applicable, depending on where you live or earn income.

• FBAR (FinCEN 114) – Mandatory for overseas accounts > $10,000.

• Form 8938 – FATCA-related asset reporting.

• Form 5471 / 8865 – If you own a company outside the U.S.

• Form 1116 – Foreign Tax Credit (claiming Indian taxes against U.S. income).

🌟 Why Choose WizBiz Pvt. Ltd. for U.S. Tax Filing?

• ✅ Specialized in NRI Taxation – Deep expertise in cross-border compliance.

• ✅ End-to-End Support – From tax filing to IRS representation.

• ✅ Dual Taxation Relief – We help you fully leverage DTAA benefits.

• ✅ Global Compliance – FATCA, FBAR, and Indian disclosure handled together.

• ✅ Peace of Mind – Avoid penalties, errors, and legal issues.

📞 Schedule Your U.S. Tax Consultation Today

Filing U.S. taxes as an NRI doesn’t have to be stressful. With WizBiz Pvt. Ltd., you gain a trusted partner who understands both Indian and U.S. taxation in detail.

👉 Whether you are an NRI living in the U.S., returning to India, or earning cross-border income, we ensure your tax filings are accurate, compliant, and optimized.

WizBiz Pvt. Ltd. – Your Trusted Partner for U.S. Tax Compliance