{"id":35838,"date":"2025-07-01T13:05:40","date_gmt":"2025-07-01T13:05:40","guid":{"rendered":"https:\/\/manikarthik.com\/blog\/?p=35838"},"modified":"2025-07-01T13:05:46","modified_gmt":"2025-07-01T13:05:46","slug":"file-us-taxes-after-returning-to-india","status":"publish","type":"post","link":"https:\/\/manikarthik.com\/blog\/file-us-taxes-after-returning-to-india\/nri-finance\/","title":{"rendered":"Do You Need to File US Taxes After Returning to India?"},"content":{"rendered":"\n<p>I&#8217;m Mani Karthik, and boy do I have a story for you. <\/p>\n\n\n\n<p>Picture this: March 2017, I&#8217;m packing my life from Fremont back to Bangalore. My wife asks, &#8220;Mani, what about our US taxes?&#8221; <\/p>\n\n\n\n<p>I confidently said, &#8220;We&#8217;re moving to India. Why would we file US taxes?&#8221;<\/p>\n\n\n\n<p>Big mistake. HUGE.<\/p>\n\n\n\n<p>Three months later, I get a letter from the IRS. My CPA friend in San Jose calls laughing. &#8220;Dude, you&#8217;re still a US citizen. Geography doesn&#8217;t change citizenship!&#8221;<\/p>\n\n\n\n<p>That&#8217;s when I learned the hard truth about US tax obligations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Brutal Reality \ud83e\udd2f<\/h2>\n\n\n\n<p>Here&#8217;s what blew my mind. The US is one of only TWO countries in the world that taxes based on citizenship, not residence.<\/p>\n\n\n\n<p><strong>The other country? Eritrea.<\/strong><\/p>\n\n\n\n<p>Yeah, we&#8217;re in exclusive company with a country most Americans can&#8217;t locate on a map.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Personal Wake-Up Call<\/h3>\n\n\n\n<p>My first year back in India, I owed the IRS $3,200. Why? Because I didn&#8217;t know about FEIE (Foreign Earned Income Exclusion). I paid taxes in India AND the US on the same income.<\/p>\n\n\n\n<p>My US-born son asked, &#8220;Papa, why are we paying taxes to a country we don&#8217;t live in?&#8221; Good question, kiddo.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Who Must File US Tax Returns? \ud83d\udccb<\/h2>\n\n\n\n<p><strong>Short answer: If you&#8217;re a US citizen or green card holder, YES.<\/strong><\/p>\n\n\n\n<p><strong>Longer answer: It depends on your income.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Filing Status<\/th><th>2024 Income Threshold<\/th><th>2025 Income Threshold<\/th><th>Self-Employment<\/th><\/tr><\/thead><tbody><tr><td><strong>Single<\/strong><\/td><td>$13,850<\/td><td>$14,600<\/td><td>$400+<\/td><\/tr><tr><td><strong>Married Filing Jointly<\/strong><\/td><td>$27,700<\/td><td>$29,200<\/td><td>$400+<\/td><\/tr><tr><td><strong>Married Filing Separately<\/strong><\/td><td>$5<\/td><td>$5<\/td><td>$400+<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>Source: IRS Publication 54<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">My Reality Check Moment<\/h3>\n\n\n\n<p>In 2018, I made only \u20b98 lakhs in India (about $11,000). Thought I was safe. Wrong!<\/p>\n\n\n\n<p>Self-employment income threshold is just $400. My consulting work put me over the limit.<\/p>\n\n\n\n<p>Filed late. Paid penalties. Learned my lesson.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Key Filing Requirements for Expats \ud83c\udf0d<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">1. <strong>Income Reporting<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>All worldwide income must be reported<\/li>\n\n\n\n<li>Indian salary, rental income, stock gains<\/li>\n\n\n\n<li>Even income already taxed in India<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">2. <strong>Filing Deadlines<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Deadline Type<\/th><th>Regular Date<\/th><th>Expat Extension<\/th><\/tr><\/thead><tbody><tr><td><strong>Tax Filing<\/strong><\/td><td>April 15<\/td><td>June 15 (automatic)<\/td><\/tr><tr><td><strong>FBAR Filing<\/strong><\/td><td>April 15<\/td><td>October 15 (automatic)<\/td><\/tr><tr><td><strong>Tax Payment<\/strong><\/td><td>April 15<\/td><td>No extension<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">3. <strong>Required Forms<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Form 1040<\/strong>: Main tax return<\/li>\n\n\n\n<li><strong>Form 2555<\/strong>: Foreign Earned Income Exclusion<\/li>\n\n\n\n<li><strong>Form 1116<\/strong>: Foreign Tax Credit<\/li>\n\n\n\n<li><strong>FinCEN 114<\/strong>: FBAR (if foreign accounts &gt; $10,000)<\/li>\n\n\n\n<li><strong>Form 8938<\/strong>: FATCA (if foreign assets &gt; threshold)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">The FEIE Game Changer \ud83d\udca1<\/h2>\n\n\n\n<p><strong>Foreign Earned Income Exclusion saved my financial sanity.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">FEIE Benefits for 2024-2025:<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Tax Year<\/th><th>Maximum Exclusion<\/th><th>Married Couple Max<\/th><th>Real Savings*<\/th><\/tr><\/thead><tbody><tr><td><strong>2024<\/strong><\/td><td>$126,500<\/td><td>$253,000<\/td><td>$30,000+<\/td><\/tr><tr><td><strong>2025<\/strong><\/td><td>$130,000<\/td><td>$260,000<\/td><td>$31,000+<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>*Based on 24% tax bracket<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How FEIE Worked for Me<\/h3>\n\n\n\n<p><strong>2019 Income<\/strong>: $85,000 from Bangalore consulting <strong>Without FEIE<\/strong>: $18,000 US tax bill <strong>With FEIE<\/strong>: $0 US tax bill<\/p>\n\n\n\n<p>That&#8217;s \u20b913.5 lakhs saved! Enough for my daughter&#8217;s school fees for two years.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">FEIE Qualification Tests<\/h3>\n\n\n\n<p><strong>Physical Presence Test<\/strong> (Easier for most)<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>330 days outside US in any 12-month period<\/li>\n\n\n\n<li>I track every trip obsessively now<\/li>\n<\/ul>\n\n\n\n<p><strong>Bona Fide Residence Test<\/strong> (For permanent expats)<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Full tax year as foreign resident<\/li>\n\n\n\n<li>Harder to prove, but more flexible<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Foreign Tax Credit Alternative \ud83d\udd04<\/h2>\n\n\n\n<p>Sometimes FTC beats FEIE. Here&#8217;s when:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">FTC vs FEIE Comparison:<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Scenario<\/th><th>Best Choice<\/th><th>Why<\/th><\/tr><\/thead><tbody><tr><td><strong>High Indian taxes<\/strong><\/td><td>Foreign Tax Credit<\/td><td>Dollar-for-dollar credit<\/td><\/tr><tr><td><strong>Low\/No Indian taxes<\/strong><\/td><td>FEIE<\/td><td>Excludes income completely<\/td><\/tr><tr><td><strong>Mixed income types<\/strong><\/td><td>Combination<\/td><td>Maximize both benefits<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">My 2020 Strategy<\/h3>\n\n\n\n<p>I paid \u20b94.2 lakhs in Indian taxes on \u20b918 lakhs income. Used FTC instead of FEIE. Result? $0 US taxes owed.<\/p>\n\n\n\n<p>The math: High Indian tax rate (30%) &gt; US rate (24%) = FTC wins.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FBAR: The $10,000 Trap \ud83d\udcb0<\/h2>\n\n\n\n<p><strong>Foreign Bank Account Report nearly caught me off-guard.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">FBAR Requirements:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>File if foreign accounts total &gt; $10,000 at ANY point<\/li>\n\n\n\n<li>Includes ALL accounts: savings, checking, fixed deposits<\/li>\n\n\n\n<li>Even joint accounts with <a class=\"wpil_keyword_link\" href=\"https:\/\/manikarthik.com\/blog\/best-travel-insurance-for-parents-visiting-usa\/\" title=\"parents\" data-wpil-keyword-link=\"linked\" data-wpil-monitor-id=\"605\">parents<\/a>!<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">My FBAR Story<\/h3>\n\n\n\n<p>2017: Had $8,000 in <a class=\"wpil_keyword_link\" href=\"https:\/\/sbi.co.in\/web\/nri\" title=\"SBI\" data-wpil-keyword-link=\"linked\" data-wpil-monitor-id=\"606\" target=\"_blank\" rel=\"noopener\">SBI<\/a> account. Thought I was safe.<\/p>\n\n\n\n<p>December: Dad&#8217;s medical emergency. Wife transferred $5,000 from US. Total: $13,000.<\/p>\n\n\n\n<p>Technically required FBAR filing. Missed it initially. Filed late with reasonable cause letter.<\/p>\n\n\n\n<p><strong>Penalty avoided, lesson learned.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">FBAR Penalties (Scary!)<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Violation Type<\/th><th>Penalty Amount<\/th><\/tr><\/thead><tbody><tr><td><strong>Non-willful<\/strong><\/td><td>Up to $14,398 per account<\/td><\/tr><tr><td><strong>Willful<\/strong><\/td><td>Up to $147,963 per account<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><em>Don&#8217;t mess with FBAR compliance.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FATCA Form 8938 \ud83d\udcca<\/h2>\n\n\n\n<p><strong>Another reporting requirement most people miss.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">FATCA Thresholds (Living Abroad):<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Filing Status<\/th><th>Year-End Value<\/th><th>Maximum Value<\/th><\/tr><\/thead><tbody><tr><td><strong>Single<\/strong><\/td><td>$200,000<\/td><td>$300,000<\/td><\/tr><tr><td><strong>Married Joint<\/strong><\/td><td>$400,000<\/td><td>$600,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">What Counts:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Foreign bank accounts<\/li>\n\n\n\n<li>Indian mutual funds<\/li>\n\n\n\n<li>Stock investments<\/li>\n\n\n\n<li>Life insurance policies<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">My FATCA Experience<\/h3>\n\n\n\n<p>2021: Stock portfolio hit $180,000. Under threshold as single filer.<\/p>\n\n\n\n<p>2022: Got married (in India), filed jointly. New threshold: $400,000. Still safe.<\/p>\n\n\n\n<p>But close call taught me to monitor values quarterly.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">State Tax Complications \ud83c\udfdb\ufe0f<\/h2>\n\n\n\n<p><strong>Some US states never let you go.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Problem States:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>California<\/strong>: Aggressive about proving non-residence<\/li>\n\n\n\n<li><strong>New York<\/strong>: High burden of proof<\/li>\n\n\n\n<li><strong>Virginia<\/strong>: Military connections<\/li>\n\n\n\n<li><strong>South Carolina<\/strong>: Intention-based rules<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">My California Escape<\/h3>\n\n\n\n<p>Lived in Fremont 2014-2017. Filed California non-resident forms. Showed:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bangalore apartment lease<\/li>\n\n\n\n<li>Indian voter registration<\/li>\n\n\n\n<li>Kids&#8217; school admission<\/li>\n\n\n\n<li>Closed US bank accounts<\/li>\n<\/ul>\n\n\n\n<p>Worked! No California taxes since 2017.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Streamlined Filing Procedure \ud83d\ude80<\/h2>\n\n\n\n<p><strong>Missed filing years? IRS has a lifeline.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Benefits:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Covers last 3 years of returns<\/li>\n\n\n\n<li>No penalties if qualifying<\/li>\n\n\n\n<li>Simplified FBAR filing<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">My Friend&#8217;s Success Story<\/h3>\n\n\n\n<p>Raj missed 5 years of filings. Panic mode. Used Streamlined Procedure.<\/p>\n\n\n\n<p>Filed 3 years returns. Total owed: $400 (after FEIE). No penalties.<\/p>\n\n\n\n<p>&#8220;Best $5,000 I spent on a tax attorney,&#8221; he said.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Practical Filing Strategy \ud83c\udfaf<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">My Annual Tax Process:<\/h3>\n\n\n\n<p><strong>January-March:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Gather all Indian tax documents<\/li>\n\n\n\n<li>Calculate preliminary US liability<\/li>\n\n\n\n<li>Decide FEIE vs FTC strategy<\/li>\n<\/ul>\n\n\n\n<p><strong>April-May:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>File Indian returns first<\/li>\n\n\n\n<li>Get foreign tax paid amounts<\/li>\n\n\n\n<li>Prepare US returns<\/li>\n<\/ul>\n\n\n\n<p><strong>June:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>File US returns by June 15<\/li>\n\n\n\n<li>Pay any taxes due<\/li>\n\n\n\n<li>File FBAR if needed<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Tools I Use:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>TurboTax<\/strong>: For simple returns<\/li>\n\n\n\n<li><strong>FreeTaxUSA<\/strong>: Cost-effective option<\/li>\n\n\n\n<li><strong>Tax Professional<\/strong>: For complex situations<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Common Mistakes to Avoid \u274c<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">1. <strong>&#8220;I Live in India, So No US Taxes&#8221;<\/strong><\/h3>\n\n\n\n<p>Wrong! Citizenship triggers obligation, not residence.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. <strong>Missing FBAR Deadlines<\/strong><\/h3>\n\n\n\n<p>Different deadline than tax returns. Easy to forget.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. <strong>Choosing Wrong FEIE\/FTC Strategy<\/strong><\/h3>\n\n\n\n<p>Run numbers both ways annually.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. <strong>Ignoring State Tax Issues<\/strong><\/h3>\n\n\n\n<p>Some states are sticky. Plan your exit properly.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5. <strong>Not Keeping Travel Records<\/strong><\/h3>\n\n\n\n<p>Physical presence test requires precise tracking.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">My Family&#8217;s Current Status \ud83d\udc68\u200d\ud83d\udc69\u200d\ud83d\udc67\u200d\ud83d\udc66<\/h2>\n\n\n\n<p><strong>2024 Tax Situation:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Filed jointly with wife<\/li>\n\n\n\n<li>Used FEIE on Indian income<\/li>\n\n\n\n<li>FTC on US investment gains<\/li>\n\n\n\n<li>Total US tax paid: $847<\/li>\n<\/ul>\n\n\n\n<p><strong>Kids&#8217; Impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>US-born son: Future US tax obligations<\/li>\n\n\n\n<li>India-born daughter: Only if she gets US status<\/li>\n<\/ul>\n\n\n\n<p>Teaching them early about dual-country tax complexity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Professional Help vs DIY \ud83e\udd1d<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">When I Use Tax Professionals:<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Situation<\/th><th>DIY Risk<\/th><th>Professional Worth It?<\/th><\/tr><\/thead><tbody><tr><td><strong>Simple W-2 income<\/strong><\/td><td>Low<\/td><td>Maybe not<\/td><\/tr><tr><td><strong>Self-employment<\/strong><\/td><td>Medium<\/td><td>Probably yes<\/td><\/tr><tr><td><strong>Multiple income sources<\/strong><\/td><td>High<\/td><td>Definitely yes<\/td><\/tr><tr><td><strong>First-time filing<\/strong><\/td><td>High<\/td><td>Absolutely yes<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Cost vs Benefit<\/h3>\n\n\n\n<p>Professional fees: $800-2,000 Potential savings: $5,000-15,000 Peace of mind: Priceless<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Recent Tax Law Changes \ud83d\udcc8<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">2024-2025 Updates:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>FEIE increased to $130,000 (2025)<\/li>\n\n\n\n<li>FBAR penalties adjusted for inflation<\/li>\n\n\n\n<li>Enhanced FATCA enforcement<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">What&#8217;s Coming:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Possible FEIE modifications<\/li>\n\n\n\n<li>Stricter enforcement<\/li>\n\n\n\n<li>Digital asset reporting requirements<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Action Plan for Returners \u2705<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Immediate Steps:<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Determine filing requirement<\/strong> (use income thresholds)<\/li>\n\n\n\n<li><strong>Gather all income documents<\/strong> (US and Indian)<\/li>\n\n\n\n<li><strong>Calculate FEIE vs FTC benefits<\/strong><\/li>\n\n\n\n<li><strong>Check FBAR obligations<\/strong><\/li>\n\n\n\n<li><strong>File by June 15 deadline<\/strong><\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Long-term Strategy:<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Track travel days religiously<\/strong><\/li>\n\n\n\n<li><strong>Maintain detailed financial records<\/strong><\/li>\n\n\n\n<li><strong>Review strategy annually<\/strong><\/li>\n\n\n\n<li><strong>Consider professional help<\/strong><\/li>\n\n\n\n<li><strong>Plan for kids&#8217; future obligations<\/strong><\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">The Bottom Line \ud83d\udca1<\/h2>\n\n\n\n<p><strong>Yes, you need to file US taxes after moving to India.<\/strong> But with proper planning, you might owe little or nothing.<\/p>\n\n\n\n<p>My journey from panic to proficiency taught me this: Knowledge is expensive, but ignorance costs more.<\/p>\n\n\n\n<p>I&#8217;ve helped hundreds of families through BackToIndia community navigate this maze. The key? Start early, stay informed, get help when needed.<\/p>\n\n\n\n<p>Remember, we chose to keep US citizenship for its benefits. Tax compliance is part of that package.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p><strong>Ready to tackle your US tax obligations? Join our BackToIndia community for step-by-step guidance!<\/strong><\/p>\n\n\n\n<p><em>Filing smart, not just filing,<\/em><br><strong>Mani Karthik<\/strong> \ud83c\uddfa\ud83c\uddf8\u27a1\ufe0f\ud83c\uddee\ud83c\uddf3<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<h2 class=\"wp-block-heading\">Sources &amp; References \ud83d\udcda<\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.irs.gov\/individuals\/international-taxpayers\/us-citizens-and-residents-abroad-filing-requirements\" target=\"_blank\" rel=\"noopener\">IRS Citizens and Residents Abroad Filing Requirements<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.irs.gov\/individuals\/international-taxpayers\/foreign-earned-income-exclusion\" target=\"_blank\" rel=\"noopener\">Foreign Earned Income Exclusion Guide &#8211; IRS<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.fincen.gov\/resources\/statutes-regulations\/guidance\/report-foreign-bank-and-financial-accounts-fbar\" target=\"_blank\" rel=\"noopener\">FBAR Filing Requirements &#8211; FinCEN<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.irs.gov\/businesses\/corporations\/summary-of-fatca-reporting-for-us-taxpayers\" target=\"_blank\" rel=\"noopener\">FATCA Reporting Thresholds &#8211; IRS Form 8938<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.irs.gov\/individuals\/international-taxpayers\/streamlined-filing-compliance-procedures\" target=\"_blank\" rel=\"noopener\">Streamlined Filing Compliance Procedures<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.irs.gov\/businesses\/international-businesses\/united-states-income-tax-treaties-a-to-z\" target=\"_blank\" rel=\"noopener\">US-India Tax Treaty<\/a><\/li>\n<\/ol>\n\n\n\n<p><em>Disclaimer: This blog is for informational purposes only. Tax laws are complex and change frequently. Please consult a qualified tax professional for personalized advice. I am not a tax advisor, just a fellow returner sharing experiences.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m Mani Karthik, and boy do I have a story for you. Picture this: March 2017, I&#8217;m packing my life from Fremont back to Bangalore&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[33],"tags":[],"class_list":["post-35838","post","type-post","status-publish","format-standard","hentry","category-nri-finance"],"modified_by":"Mani Karthik","menu_order":0,"_links":{"self":[{"href":"https:\/\/manikarthik.com\/blog\/wp-json\/wp\/v2\/posts\/35838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/manikarthik.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/manikarthik.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/manikarthik.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/manikarthik.com\/blog\/wp-json\/wp\/v2\/comments?post=35838"}],"version-history":[{"count":2,"href":"https:\/\/manikarthik.com\/blog\/wp-json\/wp\/v2\/posts\/35838\/revisions"}],"predecessor-version":[{"id":35930,"href":"https:\/\/manikarthik.com\/blog\/wp-json\/wp\/v2\/posts\/35838\/revisions\/35930"}],"wp:attachment":[{"href":"https:\/\/manikarthik.com\/blog\/wp-json\/wp\/v2\/media?parent=35838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/manikarthik.com\/blog\/wp-json\/wp\/v2\/categories?post=35838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/manikarthik.com\/blog\/wp-json\/wp\/v2\/tags?post=35838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}