File Holder

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Do You Have To Pay U.S. Taxes If You Are A Visa Or Green Card Holder?

The answer to this question depends on whether the U.S. Government considers you a tax resident.  All green card holders are tax residents, and must pay taxes to the Internal Revenue Service, even if they have been outside of the country for a year.

Tax residents are required to report their worldwide income to the U.S. Internal Revenue Service.  Whether or not the United States can tax all of this income is a matter of international law and depends upon what money was earned in which countries.  Whether collectible or not, the income must be reported.

The failure of such people to file an income tax return with the Internal Revenue Service can greatly harm their ability to become U.S. citizens and could result in punishment like having their green card revoked and facing deportation.

While holders of non-immigrant visas are not residents of the United States, they might be considered tax residents by virtue of how much time they spend in the country.  If you hold a non-immigrant visa and spend 183 days of the year in America, you are considered a tax resident.

You may also be considered a tax resident based upon how much time you have spent in the United States in the past three years, unless you have spent less than thirty days in the country this year.  To determine your tax resident status, you use this equation to determine your “weighted” stay in the United States.  Again, if this “weighted’ stay amounts to 183 days, you are considered a tax resident.  To determine the total of your “weighted’ stay, each day in the United States this year counts as one day, each day you were in the country during the previous year counts as 1/3 of a day, and each day you were in the United States three years ago, counts as 1/6 of a day.  Add it all up, and if it comes to 183 days or more, you’re a tax resident.

If you are in the United States for less than 183 days this year and have a tax home in another country, you are not a tax resident and you do not have to pay U.S. taxes.  However, if you spent less than 183 days in the country this year and you do not have a tax home in another country, the federal government might determine that the United States is your tax home and you are simply trying to avoid taxation by staying outside of the country for 183 days or more.

About the Author

Chintamani Abhyankar, is a well known expert in the field of finance and taxation for last 25 years. His famous Tax eBook “Stop donating your money to IRS” which is now running in its second edition, provides intricate knowledge and valuable tips on personal finance and income tax. Just visit his website http://www.planningyourtax.com/ and claim your FREE eBook.

How can I switched my husband's file from Green-card holder to citizenship holder...?

I petition for my Husband file as a Green-card holder it' I130 it's been almost 3 years,Now I’m going to be Citizen So, How can I switched my husband's file as a citizen holder...what's process I have to do for it. and Do you have idea how long it’s take after transferring file as a citizenship.

US law states that after holding Permanent Residence status (a Green Card) for 5 years (3 years if married to a US citizen or 4 years if you are a refugee) you may apply for US citizenship. This requires an oath pledging allegiance to the US and a promise to uphold your requirements and rights as a citizen. After this process has been completed and the Citizenship Certificate has been given to you, you are legally a US citizen, but this may not turn up on the sysytem for a few weeks.

Since you will soon legally be a citizen, you can petition your husband again,but this time under the citizen bracket. This means that he will be given priority over the vast majority of others but this process will still take some time.

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Swiss news agencies reported Wednesday that the government would ask Zurich-based banking giant UBS to reimburse it for outside legal costs stemming from the bank's long-running legal dispute with U.S. authorities over allegations of tax evasion by U.S. citizens holding UBS accounts. A deal to resolve that dispute by releasing the names of 4,450 U.S. citizens with UBS accounts was tentatively ...

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