I am in US for last 10 years. I bought few stocks in India when I used to work there.
- I never operated the stock (demat) account (never sold or bought) since I moved here
- never reported them on my tax returns in US. (I guess it is some other form where you need to declare foreign securities)
- There is a saving ac linked to stock account but it has low < 5k USD balance
Now I want to sell them and bring money here. What is least taxable option while avoiding any penalty.