# US Tax Services for Indians, NRIs & Foreign Founders

> US federal tax depends on who you are for US purposes: US citizens and residents (green-card holders or those meeting the substantial presence test) are taxed on worldwide income on Form 1040, while nonresident aliens are taxed only on US-source income on Form 1040-NR. Businesses are taxed according to their entity and classification — LLCs, C corporations, S corporations and partnerships each file differently, and foreign-owned entities carry extra information-reporting duties.

## Who this is for

- Indians and NRIs with US income, assets or a US company
- Foreign founders who own a US LLC or corporation
- US citizens and green-card holders living in India
- Indian companies with US subsidiaries, branches or clients

## Services

- [US Nonresident Tax Return (Form 1040-NR)](https://www.industax.com/services/us-tax/form-1040-nr-nonresident-return) — For Indians and other nonresident aliens with US income
- [US Tax for Americans & Green-Card Holders in India](https://www.industax.com/services/us-tax/us-citizens-green-card-holders-in-india) — Form 1040 from India with foreign tax credit, FBAR and PFIC reporting
- [Form 5472 & Pro Forma 1120 for Foreign-Owned LLCs](https://www.industax.com/services/us-tax/form-5472-foreign-owned-llc) — Annual information return for single-member LLCs owned by non-US persons
- [US LLC Taxation for Indian Owners](https://www.industax.com/services/us-tax/us-llc-tax-nonresident-owners) — How a US LLC's income is taxed in the US and in India
- [C Corporation Tax Return (Form 1120)](https://www.industax.com/services/us-tax/c-corp-tax-return-1120) — Federal and state returns for US corporations, including Indian subsidiaries
- [ITIN Application (Form W-7)](https://www.industax.com/services/us-tax/itin-application) — US taxpayer ID for people not eligible for an SSN
- [FBAR & FATCA (Form 8938) Reporting](https://www.industax.com/services/us-tax/fbar-fatca-reporting) — Foreign account and asset reporting for US persons
- [India–US Tax Treaty Planning](https://www.industax.com/services/us-tax/india-us-tax-treaty) — Treaty rates, residency tie-breakers and W-8BEN
- [IRS Notice Response & Representation](https://www.industax.com/services/us-tax/irs-notice-representation) — CP notices, penalty abatement and audits through partner EAs and CPAs

## FAQs

### Is Indus Tax affiliated with the IRS?

No. Indus Tax is a private professional services firm. US returns are prepared by our team and partner US tax professionals, and representation before the IRS is handled by partner enrolled agents or CPAs. We link to IRS.gov for official forms and guidance.

### Do I need to file a US return if I'm an Indian resident with a US LLC?

Usually yes. A single-member LLC owned by a nonresident must file Form 5472 with a pro forma Form 1120 every year, even with no income, and the owner may need Form 1040-NR if the LLC has US effectively connected income. The penalty for a missed Form 5472 is $25,000.

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This is general information, not advice for your specific facts.