Top 7 U.S. Tax Mistakes OCI Cardholders Must Avoid (2025)
OCI status does not alter U.S. tax obligations: U.S. citizens must report worldwide income, disclose foreign accounts (FBAR,…
Sai Sankar is a law postgraduate with over 30 years of experience across direct and indirect taxation, spanning consultancy, litigation, and policy interpretation. At VisaVerge.com he leads coverage of cross-border finance for immigrants and NRIs — U.S. and state income tax, IRS rules, tariffs and trade duties, foreign-asset reporting, gift and estate tax, and retirement accounts like IRAs and RMDs. Sai's legal acumen turns the tangled intersection of immigration and money into clear, actionable guidance for a global audience.
www.visaverge.com
OCI status does not alter U.S. tax obligations: U.S. citizens must report worldwide income, disclose foreign accounts (FBAR,…
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Trusts formed and administered in India with U.S. beneficiaries are foreign trusts for U.S. tax purposes. Trustees must…
Receiving a U.S. Green Card makes OCI-holding parents U.S. tax residents required to report global income, file Form…
After five calendar years, F-1 students begin counting U.S. days for the Substantial Presence Test on January 1…
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If work is done in India, income is India-sourced and taxed in India. GST may be zero-rated for…
Citizens with 40 Social Security credits can keep benefits in India if SSA rules are met; Green Card…
When one spouse lives abroad, couples can file separately or elect to file jointly by treating the nonresident…
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