Green Card Holder With Foreign Capital Gains: U.S. Tax Filing Questions Selling assets overseas—whether securities, foreign business interests, or land—triggers U.S. capital gains reporting for Green Card holders. Because...
H-1B Visa Holder and Worldwide Income Reporting Rules Once an H-1B visa holder becomes a U.S. tax resident, the scope of their tax obligations expands globally. The IRS requires...
F-1 Student With Foreign Income Not Reported Earlier: Compliance Questions Many international students focus primarily on U.S.-sourced wages when arriving in the United States, unaware that establishing U.S. tax...
International Investment Income and Form 8960 Properly declaring international investment returns on Form 8960 requires coordinating multiple federal tax forms and schedules. From basic foreign dividend streams to complex...
Foreign Investment Income and NIIT Thresholds The 3.8% Net Investment Income Tax (NIIT) under Internal Revenue Code Section 1411 applies to high-earning taxpayers with passive investment income. For international...