Home > FBAR, Foreign Accounts, Immigration - General, Tax > Tax Regulations for Non-Immigrants and NRIs in US

Tax Regulations for Non-Immigrants and NRIs in US


Tax regulations is one of the most confused and complex topic when you are in US on non-immigrant visa (H1/F1/L1, etc.) or you are permanent resident (Greencard holder) or US Citizen.

I found this nice information in form of slides on slideshare.net by  Sanket Shah of NSGlobal. It is really nice information and worth going through once to brush up your knowledge on tax basics and implications. It explains several scenarios with simple examples that’s easy to understand. It has touched almost every basic points including Gift / Estate tax, FBAR / OVDI, FACTA(8938), etc.

Link to Slideshow

Also check this slideshow: Do you Know

Hope this helps.

  1. veekay
    February 1, 2015 at 3:30 am

    Great post. I am new (infact renew) immigrant in US arrived in Oct-2014 by recently acquiring Green card with family. I have Accounts in India with good amount as i was working in India for long time.
    Do i need to pay any taxes in US for 2014 for all income earned in India?
    Do i need to disclose all my assets in India? ( Property / Mutual fund /Stock holding e.t.c)?
    Any link/reference will be highly helpful.
    Thanks a lot.

    • February 2, 2015 at 9:27 pm

      As far as reporting income is concerned, yes, it needs to be declared. The only thing when you say “renew immigrant” means did you file US taxes before?
      For reporting bank accounts, there is a separate form that needs to be filed and it’s deadline is June 30th (non-extendible).

      • veekay
        February 3, 2015 at 4:10 am

        Thanks Desiways. Yes, i was in US since 2005 on H1b but left and came back on Green card last year.
        I had always filed US taxes while i was working in US.

  2. sreek
    November 5, 2012 at 9:56 pm

    A question related to tax :

    Do we need to pay tax in US on PF withdrawal in India even though it is tax exempt for the employees who have PF A/C with 5 years?

  3. August 1, 2012 at 10:12 pm

    Reblogged this on Freedom from the tyranny of U.S. citizenship-based taxation for U.S. and dual citizens outside the U.S. and commented:
    Great post – immigrants are often overlooked in this area.

    • August 1, 2012 at 10:17 pm

      I know. It’s so confusing especially when you are on non-immigrant visas but considered as resident for tax purpose. I have been into this FBAR/OVDI mess. Waiting to hear back from IRS.

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