- US TAX FILING FOR NRIs IN INDIA
- FBAR & FATCA REPORTING SUPPORT
- INDIA–US TAX & DTAA COORDINATION
- IRS NOTICE & COMPLIANCE ASSISTANCE
Trusted NRI US Tax Consultant in Kolkata
Kolkata has a rich history of trade, education, and professional migration, leading to a vibrant community of NRIs in the US. Many of these individuals retain their ancestral homes and family businesses in the city while pursuing their careers abroad.
Being green card holders, these US-based NRIs need to file US federal returns even while living in India, alongside FBAR and FATCA disclosures for Indian assets and accounts above the reporting threshold. This is because the US taxes its citizens and green card holders on their global income regardless of where they reside.
Managing US taxation from India is quite difficult for returning NRIs. To help them out, at Savetaxs, we provide end-to-end US tax compliance to NRIs and green card holders. From tax planning and filing to disclosure and IRS notice resolution, we provide complete assistance, ensuring our clients stay fully compliant regardless of where they live and earn.
- 90+Kolkata-based NRI clients with US-linked tax filings served.
- $13M+Foreign assets reported accurately under FATCA for our clients.
- 25+Countries where our Kolkata-based NRI clients currently reside.
- 96%Notice success rate before IRS & International Taxation, last three years
Get clear, practical insight into your US tax situation- FBAR/ FATCA to DTAA relief from EA-certified tax experts.
- 0+NRIs Helped
- ₹0 Cr+Tax Savings
- 0+Tax Experts
- 0%Filing Accuracy
- 0+Countries Served
Complete Tax & Compliance Services for Kolkata-Based NRIs
End-to-end tax, banking, and compliance support for NRIs with Kolkata-linked income, assets, or obligations — fully online, no India visit required.
India + US Tax Filing
File your US and Indian taxes accurately with expert CA & CPA support for DTAA benefits, FBAR, FATCA, capital gains, foreign income, and cross-border tax compliance.Get StartedReturning to India Assistance
End-to-end support for NRIs returning to India, including RNOR tax planning, banking transition, FEMA compliance, and investment guidance.Get StartedFBAR & FATCA Filing
Accurate FBAR and FATCA filing support for NRIs with US foreign asset reporting guidance.Get StartedNRI PAN Card Services
Apply, correct, or reissue your PAN card online with expert support for NRIs across the USA.Get StartedKOLKATA NRI USE CASES
Real Scenarios Handled By Savetaxs
Returning To Kolkata, Still Filing US Returns
A Green Card holder relocated to Kolkata to manage the family business but retained US filing obligations. We aligned his 1040 filing with India returns using DTAA credits, avoiding double taxation on his consulting income.
Inherited South Kolkata Home, Undisclosed Rental Income
A US citizen inherited an ancestral home in South Kolkata and had never reported the rental income on his US return. We reviewed the DTAA treatment and filed corrected disclosures for the applicable years.
Indian Mutual Funds Triggering Punitive Tax
A US citizen holding Kolkata-based mutual fund investments was flagged for PFIC exposure, risking excess distribution tax. We restructured his portfolio and filed Form 8621 correctly for the prior year.
CP2000 Notice On Unreported Rental Income
A Kolkata-based US taxpayer received a CP2000 notice for unreported rental income from a Salt Lake property. We prepared a full response with DTAA foreign tax credit substantiation, closing the case.
4 Simple Steps for Our US Tax Services in Kolkata for NRIs
From first call to final resolution, streamlined online process for our Kolkata-based NRIs with US tax obligations.
Connect on a 30-minute call with our CPA and understand your US tax obligations in India.
Get a personalized checklist. Upload the documents on our encrypted portal according to the checklist.
Our expert prepares everything. You only have to digitally review and approve your US tax return before submission.
We confirm acknowledgements, track refunds, and follow up until your case is fully resolved.
Resolve Your US Tax Obligations from Anywhere
Connect on a 30-minute call with our NRI US tax advisor in Kolkata. You need no invoice or commitment for this. Just our NRI US tax advisor in Kolkata will walk you through your US tax situation and provide you with a clear action plan on what should be done.
- Personalized Assessment — Our tax experts on the call review your income, assets, and tax obligations.
- Clear Action Plan — Get a clear action plan that outlines your exact US tax filing requirements, timeline, involved costs, and everything that should be done.
- DTAA Optimization Check — Our tax experts review both your US and India tax exposure so you do not pay more taxes than your liability.
Connect with an Kolkata-focused NRI tax expert — quick response and practical guidance.
- Schedule a ConsultationSchedule a Consultation30-minute call to discuss your Kolkata-related tax situation
- Chat on WhatsAppChat on WhatsAppQuick support, document sharing, and instant guidance
- Send an EmailSend an EmailDetailed queries with structured expert response
The Firm NRIs Trust
Certified US tax professionals for federal and cross-border tax compliance.
Fully digital US taxation services. No need to travel anywhere.
Dedicated entirely to US-NRI tax compliance, offering deep expertise.
Our experts actively optimize the India-US treaty rules to prevent double taxation.
Every US tax service stays within FBAR/FATCA to avoid filing violations.
Provide you with one relationship manager who knows your tax profile and responds to your every query on time.
Get Clarity on Your Indian Tax Situation - Without the Confusion.
Speak with an expert to understand your tax obligations, risks, and next steps — from property sales and repatriation to DTAA and compliance.
What Kolkata NRIs Say
Our satisfied clientele speaks volumes about the quality of our services.
Useful Tools for Kolkata-Based NRIs
401(K) Calculator
The 401(k) retirement planning calculator is a tool that helps you estimate your 401(k) balance at retirement and distributions in retirement based on your income, age, salary increase, percentage of contribution, and return on investments.
Explore 401(K) CalculatorFederal Tax Calculator
Quickly Estimate Your Federal Income Tax Liability with the Easy-to-Use Federal Tax Calculator
Explore Federal Tax CalculatorTax Bracket Calculator
Easily Determine Your US Federal Income Tax Slab and Estimate Liability with the Tax Bracket Calculator for Smarter Financial Planning
Explore Tax Bracket CalculatorSelf Employment Tax Calculator
Easily calculate your Self-Employment Tax with our expert calculator. Helping freelancers, NRIs, and Expats estimate liability, plan finances, and stay compliant with US tax laws.
Explore Self Employment Tax CalculatorCity Page

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Explore US Tax Consultant in Jaipur for NRIsCommon US Tax Mistakes Kolkata-based NRIs Should Avoid
These are some frequent mistakes that we fix for our Kolkata-based NRIs, generally discovered only when an IRS notice arrives.
Frequently Asked Questions
The Foreign Earned Income Exclusion (Form 2555) is a US tax provision that allows US citizens and green card holders to exclude a set amount of foreign earnings from US federal income tax. The exclusion limit for the 2026 tax year is $132,900.
Yes, Kolkata-based NRIs can also claim FEIE if they pass either the Bona Fide Residence Test or the Physical Presence Test. This exclusion is for salary and self-employment income and does not include rental income or capital gains. Further, Savetaxs helps Kolkata-based NRIs in determining their eligibility and maximizing this exclusion every year.
Form 5471 is an information return used by US citizens, residents, and domestic entities to report their ownership and financial interest in certain foreign corporations. Yes, Kolkata-based NRIs with Indian business ownership should file it if they are a US citizen or green card holder and own 10% or more of an Indian business. Non-filing penalties start at USD 10,000 per form per year. You need to file this form even if no tax is owed. Additionally, GILTI (Global Intangible Low-Taxed Income) tax may also apply to your Indian company profits.
Yes, Kolkata-based NRIs who are US citizens or green card holders can use the Streamlined Foreign Offshore Procedures to catch up on missed US returns, provided their failure to file was non-willful (due to a mistake or lack of understanding, not deliberate hiding). Under this process, you can file 3 years back tax returns and 6 years of FBARs. Further, Savetaxs has successfully resolved 30+ streamlined filing cases and guides Kolkata-based NRI clients throughout the complete process from start to end.
Interest earned on Indian fixed deposits, whether in SBI, ICICI, HDFC, or any other bank, is reported as ordinary income on Schedule B (Form 1040) in the US tax return. You need to report the Indian fixed deposit interest on your US return in the year it is earned, not just when it matures. It is one of the common mistakes that NRIs make. Additionally, under the India-US DTAA treaty, you can claim the already deducted TDS on your FD interest as a foreign tax credit in the US and avoid double taxation.
For US tax residents, Indian life insurance policies, especially investment-linked plans like ULIPs, are generally not recognized as tax-free life insurance by the IRS. Considering this, they are treated as Passive Foreign Investment Companies (PFICs), subject to a 1% excise tax on premiums and strict FBAR/ FATCA reporting. Additionally, surrender values, maturity proceeds, and annual bonuses may be taxed as ordinary income in the USA, depending on policy type and structure. Further, Savetaxs reviews your Indian insurance holdings and provides you with guidance on the correct US tax treatment.