NRI & International Services

US Tax Return Filing (Form 1040 / 1040-NR)

US Tax Done Right — For Indians in America & Americans in India

✦ India-US DTAA Applied ✦ FBAR & FATCA Compliant ✦ IRS E-filed Returns
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What is Form 1040 / 1040-NR?

The United States taxes its citizens and residents on worldwide income. Form 1040 is the standard US individual income tax return for US citizens and resident aliens (Green Card holders and Substantial Presence Test residents). Form 1040-NR is the return for non-resident aliens with US source income. Indian nationals working in the US on H1B, L1, or O1 visas — and US citizens living in India — all have US filing obligations that require expertise in both Indian and US tax law.

VITTAX's US tax practice handles Form 1040/1040-NR preparation with expertise in India-US DTAA provisions, FBAR (FinCEN 114) reporting for Indian bank accounts above $10,000, Form 8938 (FATCA), India-source income disclosure, and the Foreign Earned Income Exclusion (FEIE — Form 2555) or Foreign Tax Credit (Form 1116) to avoid double taxation.

We file electronically with the IRS and provide year-round support for IRS notices and queries.

⚠️ FBAR penalty for non-filing: up to $10,000 per violation. US citizens must file even if living in India — there is no income threshold exemption from filing.

Who Needs US Tax Filing?

✔ Work Visa Holders: Indian nationals on H1B / L1 / O1 visas in the US
✔ Green Card Holders: Green Card holders, including those living back in India
✔ US Citizens in India: US citizens with India income (salary, rent, capital gains)
✔ Returning NRIs: Returning Indians who spent part of the year in the US (Substantial Presence)
✔ FBAR Filers: US residents with Indian bank accounts exceeding $10,000 (FBAR mandatory)

Our Process

1

Residency & Filing Status

Determine US residency status (SPT/GC/citizen) and correct filing form.

2

Income Compilation

Collect W-2s, 1099s, India income details, and foreign account data.

3

DTAA & FTC/FEIE

Apply India-US DTAA, compute FTC (Form 1116) or FEIE (Form 2555) to eliminate double tax.

4

FBAR & FATCA

File FinCEN 114 (FBAR) and Form 8938 (FATCA) where applicable.

5

E-filing with IRS

Electronically file Form 1040/1040-NR and schedule state returns if applicable.

Documents Required

🇺🇸 US Income

• W-2 (salary), 1099-INT/DIV/MISC (investment income), K-1 (partnership income)
• Prior year 1040 return copy (if available)

🇮🇳 India Income & Accounts

• India income details — salary, rent, capital gains, interest
• Indian bank account details (for FBAR if balance > $10,000)
• India ITR and Form 26AS (for FTC computation)

Pricing

Basic 1040

₹6,999 per year

W-2 only + FBAR

Ideal for: H1B/L1 employees with simple W-2 income

  • ✓ Form 1040 preparation & e-filing
  • ✓ FBAR (FinCEN 114) if needed
  • ✓ India-US DTAA review
VITTAX Fee: ₹6,999 per year  |  Govt. Fees: Nil (IRS filing is free)
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POPULAR

Standard 1040

₹9,999 per year

W-2 + India income + FTC

Ideal for: GC holders and US citizens with India income

  • ✓ Everything in Basic
  • ✓ India income reporting on 1040
  • ✓ Foreign Tax Credit (Form 1116)
  • ✓ Form 8938 (FATCA) if needed
VITTAX Fee: ₹9,999 per year  |  Govt. Fees: Nil
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Comprehensive

₹19,999 per year

Business income + Schedules + State returns

Ideal for: Self-employed, consultants, business owners in US

  • ✓ Everything in Standard
  • ✓ Schedule C/E/F business income
  • ✓ State income tax return (up to 2 states)
  • ✓ Self-employment tax computation
  • ✓ FEIE (Form 2555) option analysis
VITTAX Fee: ₹19,999 per year  |  Govt. Fees: State filing fees if applicable
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FAQs

Can I avoid double taxation on India salary while in the US?

Yes — using the Foreign Tax Credit (Form 1116), taxes paid in India reduce your US liability dollar-for-dollar on the same income.

Is FBAR separate from the tax return?

Yes — FBAR (FinCEN 114) is filed separately on the BSA e-filing website, not with the IRS. It is due April 15 (auto-extended to October 15). Penalty for non-filing: up to $10,000 per violation.

Quick Enquiry

Basic 1040₹6,999/yr
Standard 1040₹9,999/yr
Comprehensive₹19,999/yr

At a Glance

IRS FilingFree (E-filed)
FBAR DeadlineApr 15 (Oct ext.)
FBAR Threshold> $10,000
FBAR Non-filing PenaltyUp to $10,000

⚡ Key Forms

Form 1040US Citizens / GC
Form 1040-NRNon-Resident Aliens
FinCEN 114FBAR
Form 8938FATCA

File Your US Tax Return Correctly — India-US Dual Tax Expertise at VITTAX

DTAA applied, FBAR filed, FTC computed, IRS e-filed — complete US tax compliance for Indians in America

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