H1B
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Does the One Big Beautiful Bill Act Require SSNs for Child Tax Credit Eligibility?
The OBBBA increases the Child Tax Credit but requires both parents to have work-eligible Social Security Numbers if filing jointly.…
Impact of OBBB Act’s $40,000 SALT Cap Increase on H-1B Families in CA, NY, TX
From 2025, the OBBB Act increases SALT deductions to $40,000, providing federal tax relief for H-1B families in high-tax states.…
Will Green Card Holders Share Remittance Tax Rules with H-1B Visa Holders Under OBBB?
Starting January 2026, a remittance tax of 3.5%-5% applies to H-1B visa and green card holders sending money abroad. Only…
Annual Remittance Tax Cost Difference for Single vs Dual-Income H-1B Households Under OBBBA
From December 31, 2025, a 1% excise tax on remittances impacts nonresident H-1B visa holders, doubling costs for dual-income families…
Could Remittance Excise Tax Drive H‑1B Families to Use Crypto or Informal Methods?
OBBB’s 1% remittance tax targets money transfers abroad starting 2026, impacting H-1B families who might face higher costs and shift…
Impact of New Remittance Excise Tax on H‑1B Families Sending Money Home
Starting January 2026, a 1% federal tax applies on cash remittances sent abroad, impacting H-1B families. The tax excludes electronic…
Does the 1% Remittance Tax Affect Cash and Electronic Transfers for H-1B Holders?
Starting December 31, 2025, H-1B visa holders sending money abroad via cash, money orders, or informal methods face a 1%…
Can H-1B Spouses Filing Jointly Claim Student Loan Interest Deductions Post-OBB Act?
H-1B visa holders maintain eligibility to deduct $2,500 in student loan interest when filing jointly. The One Big Beautiful Bill…