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FBAR & FATCA checker for Indian accounts
List your Indian accounts and investments. We tell you whether you need to file an FBAR, IRS Form 8938 or both, flag Indian mutual funds (PFICs), and show every deadline in both countries. Nothing you type leaves your browser.
Deadlines for a US-resident NRI
| Date | Country | What |
|---|---|---|
| Jan 15 | US | 4th estimated tax payment for the previous year (if you have untaxed income such as Indian interest or rent) |
| Mar 15 | India | Last advance tax instalment (100%) for the year ending March 31 |
| Mar 31 | India | Financial year ends; last day to use that year's USD 1 million NRO remittance limit |
| Apr 15 | US | Form 1040 with Form 8938, 1116 and 8621 if needed; FBAR; 1st estimated payment |
| Jun 15 | US + India | US 2nd estimated payment; India advance tax 15% |
| Jul 31 | India | Indian income tax return for most NRIs |
| Sep 15 | US + India | US 3rd estimated payment; India advance tax 45% |
| Oct 15 | US | Extended Form 1040 (if you filed Form 4868) and the automatic FBAR extension |
| Dec 15 | India | India advance tax 75% |
| Dec 31 | India | Last day for a belated or revised Indian return; note every account's year-end balance for FBAR |
Indian advance tax only applies if you'll owe more than ₹10,000 after tax deducted at source. A US extension extends filing, not payment. Read more: US tax on Indian income · Indian tax return as an NRI.
How this works
FBAR (FinCEN 114) is required when the combined highest balances of all foreign accounts, including accounts you can only sign on, exceeded $10,000 at any time in the year. Form 8938 thresholds for people living in the US: single or married filing separately, more than $50,000 at year end or $75,000 at any time; married filing jointly, more than $100,000 or $150,000. Adding up each account's highest balance overstates the true 'at any time' total, so a 'maybe' near a threshold is worth checking with a CPA. Use the Treasury year-end rate for the real filing; the rate here is today's.
- IRS: FBAR
- IRS: Comparison of Form 8938 and FBAR requirements
- IRS: Instructions for Form 8621 (PFIC)
- IRS: Estimated tax due dates
- Income Tax Department: Advance tax due dates
- Income Tax Department: Non-resident FAQ
A checker, not tax advice. Talk to a CPA who handles international returns about your own filing.