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Dual-Tax-Residency Estimator
Rough ballpark: how much tax might you owe in both the US and India, and does the Foreign Tax Credit likely prevent double-taxation? This is a starting-point illustration — not a tax computation.
⚠ Rough ballpark only — NOT a tax computation. Consult a professional.
Dual-residency tax situations are among the most complex in personal finance. This tool gives a rough order-of-magnitude estimate for illustrative purposes only. It does NOT model: DTAA tiebreaker rules, FEIE (Form 2555), FBAR, FATCA, self-employment tax, state income taxes, AMT, capital gains carve-outs, surcharges, or the old vs. new India tax regime distinction. US bracket data used here is from tax year 2024 (approximate) — verify current-year brackets at IRS.gov before use. Any number shown here could be materially wrong for your situation. Do not make tax-planning or residency decisions based on this calculator. Consult a qualified cross-border CPA or tax attorney before filing in either country.
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Wages, business income, US dividends, etc. (ordinary income only — this estimator does not separate capital gains).
Indian salary, rental, or business income in INR. Modelled using the new tax regime (FY 2024-25). NRIs are not eligible for the Section 87A rebate.
Single: $14,600 / MFJ: $29,200 (2024). Uncheck if itemizing or comparing gross-income figures.
What's NOT modelled: FEIE (Form 2555), FBAR/FATCA, self-employment tax (~15.3% on net SE income), state income taxes, AMT, capital gains rates, surcharges on high incomes, old-vs-new India regime, DTAA tiebreaker residency determination. Each of these can materially change the actual number.
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India tax: new regime slabs FY 2024-25. US tax: 2024 federal brackets (Single), standard deduction applied. FTC modelled as min(India tax in USD, US marginal rate × India income in USD) — this is an approximation of Form 1116 math. Does not include: state taxes, AMT, FEIE, self-employment tax, old India regime, treaty elections, surcharges. India-US DTAA (1990) may affect these figures significantly.
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