India–US Tax Calculator for NRIs and US Persons

Managing tax obligations in India and the United States can be complicated when you earn income, own property or maintain financial accounts in both countries. Your tax position may depend on your Indian residential status, US tax residency, income sources, taxes already paid and eligibility for deductions or foreign tax credits.

The Savetaxs India–US Tax Calculator helps NRIs, US citizens, Green Card holders and other individuals with cross-border income estimate their Indian income tax and US federal income tax. It organises income from both countries and highlights potential tax relief and foreign-asset reporting considerations.

Use the calculator to understand your indicative tax position before arranging a detailed review with a qualified tax professional. For a broader understanding of the issues involved, read our guide to India–US cross-border tax planning for NRIs.

Tax periods covered:

• India: Tax Year 2026–27, from 1 April 2026 to 31 March 2027.

• United States: Tax Year 2026, from 1 January 2026 to 31 December 2026.

How Does the India–US Tax Calculator Work?

The calculator uses a three-stage process to organise your cross-border tax information.

1. Situation: Provide your US tax status, age and other personal details requested by the calculator.

2. Income: Enter supported income received in India and the United States.

3. Results: Review your estimated tax position, potential relief, reporting alerts and calculation assumptions.

Depending on your circumstances and the options selected, the calculator may request additional information about taxes already paid, eligible deductions and other relief-related details.

The calculator provides an indicative estimate based on the information entered. It does not prepare or file your Indian or US tax returns.

Understanding Your US Tax Status and Indian Residential Status

Your US tax status affects how the United States may tax your income. US citizens are generally subject to US federal income tax on worldwide income, even when they live abroad. Green Card holders are generally treated as US tax residents under the Green Card Test, while many other visa holders must consider the Substantial Presence Test.

The Substantial Presence Test generally considers whether you were present in the United States for at least 31 days during the current calendar year and whether your weighted presence over the current and two preceding years reaches 183 days. Certain days may be excluded for eligible students, teachers and trainees. The applicable exclusions depend on visa category, prior-year history and other conditions.

F-1 and J-1 classifications do not all follow the same exemption period. J-1 students and J-1 teachers or trainees are subject to different rules. Holding a particular visa does not automatically establish that you are a US non-resident.

For official guidance, review the IRS Substantial Presence Test and IRS guidance for J-1 visa holders.

For individuals earning employment income in the United States, our guide to US salary income tax for NRIs explains relevant taxation and filing considerations.

Why Does Indian Residential Status Matter?

Indian residential status is generally classified as:

• Non-Resident (NR)

• Resident but Not Ordinarily Resident (RNOR)

• Resident and Ordinarily Resident (ROR)

The applicable status depends on the relevant stay and previous-year residence tests under Indian tax law. It can affect whether foreign income is taxable in India.

An NRI returning to India should also understand whether RNOR status may apply and how it affects the taxation of foreign income. Read our guide on RNOR status and tax benefits for returning NRIs.

You can also use the NRI Residential Status Calculator to examine your Indian residential-status position separately. For a detailed explanation of the applicable rules, see our NRI Status and Taxation Guide.

Enter Your Income From India and the United States

Enter your income separately by category and country. The tax treatment of an income stream can differ between India and the United States depending on its source, character and your residential status.

The calculator covers income categories such as:

• Salary and employment income: Salary, wages, bonuses and other employment income.

• Business or professional income: Eligible business, consulting or freelance earnings.

• Rental income: Rent received from property in India or the United States.

• Interest income: Interest from savings accounts, fixed deposits, bonds and other interest-bearing investments.

• Dividend income: Dividends and other applicable investment distributions.

• Capital gains: Gains from the sale of property, shares, securities and other investments, where supported.

• Pension and retirement income: Applicable pension payments, IRA withdrawals, 401(k) distributions and annuity income.

• Other income: Other income categories supported by the calculator.

Rental Income From India or the United States

Rental income can have different tax implications in India and the United States. The country where the property is located, your residential status and applicable tax rules may affect the calculation.

The current calculator asks for gross rental income rather than a complete rental-property profit calculation. Property expenses, depreciation, mortgage interest and other adjustments may affect the final taxable amount. Treat the rental-income estimate as indicative where these items are material.

For details about Indian rental income, TDS and applicable deductions, read our guide to NRI rental income taxation in India.

Capital Gains From Indian and US Investments

If you sell Indian property, shares, securities or other investments while living in the United States, you may need to consider tax obligations in both countries.

The applicable treatment depends on factors such as the asset type, holding period, source of the gain, residential status and available relief. The calculator does not fully calculate every Indian or US capital gains scenario.

For more information, read our guide on capital gains tax planning for NRIs living in the US.

Which Tax Period Should You Use?

Country	Tax period
India	1 April 2026–31 March 2027
United States	1 January 2026–31 December 2026

Enter income for the correct period in each country.

The calculator currently uses an illustrative fixed conversion assumption of ₹95 per US dollar. This is a tool assumption, not the exchange rate that should automatically be used for an actual tax return or individual transaction.

Understanding Taxes Already Withheld or Paid

Taxes already deducted or paid can affect the remaining tax balance in each country. The calculator may request information about eligible payments during the relevant tax period.

US federal tax payments may include:

• Federal income tax withheld through Form W-2.

• Applicable federal withholding reported on Forms 1099 or 1042-S.

• Estimated federal income tax payments.

• Other eligible federal income tax payments supported by the calculator.

Indian tax payments may include:

• Tax Deducted at Source (TDS).

• Advance income tax.

• Self-assessment tax.

Enter the amounts for the relevant tax period. Do not include US state income tax, Social Security tax or Medicare tax in a field intended for US federal income tax payments.

Incomplete payment information can affect the remaining tax balance shown in the results.

Review Deductions, Contributions and Foreign Account Reporting

The calculator collects selected information that may affect your estimated tax position or indicate a separate reporting requirement.

Deductions and Contributions

Depending on the questions presented, this may include:

Dependants and eligible deductions: Eligibility for a tax benefit depends on the applicable country's rules, filing status, income and supporting conditions.

Health Savings Account (HSA): Eligible HSA contributions may affect US taxable income. The permitted contribution depends on qualifying coverage months, employer contributions, age and other IRS requirements. Any additional contribution suggestion shown by the calculator is illustrative and should be checked against your full contribution history before making a deposit.

Student loan and mortgage interest: The availability and amount of any deduction depend on the relevant tax rules and eligibility conditions.

FBAR and FATCA Reporting for Indian Financial Accounts

A US person who has a financial interest in, or signature or other authority over, foreign financial accounts may have an FBAR filing obligation when the aggregate maximum value of those accounts exceeds $10,000 at any time during the calendar year, subject to applicable rules and exceptions.

These accounts may include:

• Indian savings accounts.

• NRE and NRO accounts.

• Fixed deposits.

• Foreign brokerage accounts.

• Other reportable foreign financial accounts.

FBAR is a financial-account reporting requirement, not an income tax. It is separate from FATCA reporting, including Form 8938. The calculator can flag a potential reporting issue, but it does not prepare or submit FBAR or FATCA forms.

For more information, read our guide on reporting Indian bank accounts to the IRS.

US persons who hold Indian demat or brokerage accounts should also review FBAR reporting for Indian demat and brokerage accounts.

You can also explore our Foreign Asset Reporting Services for assistance with relevant compliance requirements.

Review Your India–US Tax Results

After completing the required questions, the calculator displays an estimated view of your Indian and US federal tax position. The two calculations are presented separately because the countries use different tax periods, tax rules and income classifications.

1. Indian Income Tax Estimate

Depending on the information entered and the calculations supported by the tool, the Indian tax summary may show:

• Income included in the estimate.

• Applicable salary standard deduction.

• Selected rental-income adjustments.

• Estimated taxable income under the old and new tax regimes.

• Estimated income tax and health and education cess.

• Tax already deducted or paid.

• An indicative remaining tax balance.

The calculator compares the tax regimes using the inputs and rules implemented in the current version. It does not cover every Indian deduction, income category or adjustment.

In particular, surcharge above ₹50 lakh, Indian capital gains, certain non-resident dividend tax treatment, HRA and Section 80C donations are not fully calculated in this release. Where an excluded item may materially change your liability, the displayed balance should not be treated as your final tax payable.

2. US Federal Income Tax Estimate

The US section provides an estimate of federal income tax based on the supported income and deduction information entered.

Depending on your inputs, it may display:

• Income by category.

• Applicable standard deduction.

• Potential Foreign Earned Income Exclusion (FEIE).

• Selected HSA deduction information.

• Potential foreign tax credit.

• Eligible dependent-related credit treatment.

• Federal tax already withheld or paid.

• Estimated remaining federal income tax balance.

FEIE is not automatically available to everyone living outside the United States. Generally, a qualifying individual must have foreign earned income, a tax home in a foreign country and meet either the bona fide residence test or the physical presence test. Investment income and rental income do not become eligible foreign earned income merely because the taxpayer lives abroad.

For a more detailed explanation of the eligibility tests and calculation, read our guide to calculating the Foreign Earned Income Exclusion.

The calculator does not include US state or local income taxes, Social Security and Medicare payroll taxes, self-employment tax, Net Investment Income Tax (NIIT), Additional Medicare Tax or Alternative Minimum Tax (AMT). Certain refundable credit calculations may also be incomplete.

3. Potential Double-Tax Relief and Foreign Tax Credits

Some income may be taxable in both India and the United States. Whether relief is available depends on the income category, source, residential status, applicable treaty provisions and the foreign tax credit rules of the country where relief is claimed.

The calculator may estimate supported US foreign tax credit treatment. However, a foreign tax credit is not necessarily equal to the full amount of tax paid in the other country. Under US rules, the credit is subject to limitations that generally link the allowable credit to US tax attributable to qualifying foreign-source income, with separate income categories and other rules applying.

The calculator does not determine every India–US treaty position, treaty tie-breaker or Indian-side foreign tax credit claim.

For a detailed explanation of the treaty and how relief may apply, read our guide on the India–USA DTAA and foreign tax credit. You can also use the DTAA Tax Calculator to examine a separate DTAA scenario.

4. Foreign Reporting Alerts and Suggested Next Steps

The results may highlight reporting or compliance matters that require further review, such as:

• Potential FBAR and FATCA reporting.

• Foreign asset disclosure considerations.

• Possible PFIC exposure.

• HSA or IRA contribution eligibility.

• Rental-income adjustments.

• Tax treaty or foreign tax credit questions.

These alerts are prompts for review, not confirmation that a form must be filed or that a particular tax treatment applies. The calculator does not prepare complete foreign-asset reporting forms or calculate the PFIC tax regime.

Important Limitations of the India–US Tax Calculator

The calculator is designed for preliminary tax estimation and planning. It does not replace a complete tax computation or professional review.

Indian Tax Limitations

• Surcharge above ₹50 lakh is not calculated.

• Indian capital gains are not fully calculated.

• Certain dividend tax treatment for non-residents is not fully calculated.

• HRA and Section 80C donations are not calculated.

• Certain non-standard income and deduction adjustments require separate review.

US Tax Limitations

• State and local income taxes are excluded.

• Social Security and Medicare payroll taxes are excluded.

• Self-employment tax is excluded.

• NIIT and Additional Medicare Tax are excluded.

• AMT is excluded.

• The refundable portion of the Child Tax Credit is not fully calculated.

Cross-Border Calculation Limitations

• Detailed rental-property expenses and depreciation are not calculated.

• The FEIE foreign housing exclusion is not calculated.

• PFIC regime tax is not calculated.

• Complex treaty tie-breaker and dual-status cases are not fully supported.

• Complete FBAR, FATCA and other foreign-asset disclosures are not prepared.

• The current version uses a fixed ₹95 per US dollar conversion assumption.

The result may also rely on assumptions about residential status, income classification, FEIE eligibility and other facts not fully established by the information entered. Review the assumptions displayed with your result. Seek a professional computation where excluded items or complex cross-border rules could materially change the outcome.

Frequently Asked Questions

1. Can I be a tax resident of both India and the United States?

Yes. It is possible to meet the domestic tax-residency rules of both countries for the same period. The India–US tax treaty may provide rules for resolving certain dual-resident situations, but treaty relief depends on the facts and applicable provisions. The calculator does not resolve every treaty tie-breaker.

2. Do US citizens living in India need to consider US tax filing?

US citizens generally remain subject to US federal income tax on worldwide income even when they live in India. Foreign tax credits or exclusions may reduce double taxation when their requirements are met, but they do not automatically remove all US filing or reporting obligations.

3. Does holding a Green Card automatically make me a US tax resident?

A Green Card holder is generally treated as a US tax resident under the Green Card Test unless an applicable exception or treaty position changes the result. Giving up or abandoning a Green Card can also involve specific tax and immigration considerations. Review your status with a qualified professional.

4. Is an FBAR the same as FATCA Form 8938?

No. FBAR is filed with FinCEN and generally applies to qualifying US persons with foreign financial accounts whose aggregate maximum value exceeds $10,000 at any time during the calendar year. Form 8938 is an IRS filing requirement with different thresholds and reporting rules. A person may need to consider both.

5. Does the calculator provide my final tax payable?

No. It provides indicative estimates using the inputs and calculations supported by the current version. Excluded items such as surcharge, detailed rental expenses, certain capital gains, state taxes and specialised cross-border rules can change the actual liability.

6. Does the calculator file my Indian or US tax return?

No. The calculator does not prepare or submit Indian income tax returns, US federal returns, FBAR, FATCA or other reporting forms. It helps you organise information and identify issues that may need professional attention.

7. Which tax years does the calculator cover?

The current version models Indian Tax Year 2026–27, from 1 April 2026 to 31 March 2027, and US Tax Year 2026, from 1 January to 31 December 2026.

Understand Your India–US Tax Position With Greater Clarity

Cross-border tax planning requires more than adding Indian and US tax estimates together. Your residential status, income source, foreign tax credit eligibility, deductions and reporting obligations can all affect the result.

The Savetaxs India–US Tax Calculator helps you organise these details and identify areas that may need further review. Use the estimate as a starting point, verify the assumptions and obtain a filing-ready computation before submitting tax returns or making tax decisions.

For assistance with Indian and US tax filing, foreign tax credits, DTAA matters or cross-border reporting, explore our India–US Tax Filing and Compliance Services.