H1B

Latest in H1B

Eligibility for H1B Visa Holders to Claim Child Tax Credit

H1B visa holders may be eligible for child tax credits, but claiming them depends on certain requirements. Find out if…

Investing Options for H1B Visa Holders: IRA and 401(k) Taxation Rules Explained

H1B visa holders can invest in an IRA, but not in a 401(k). Contributions to an IRA are tax-deductible, while…

Tax Implications for H1B Homeowners: Owning Property in the U.S.

H1B visa holders who own property in the U.S. may face tax implications. It is important to understand the tax…

Tax Implications for H1B Visa Holders Applying for Green Card: Changes and Considerations

The tax situation for H1B visa holders changes when they apply for a Green Card. There are significant tax implications…

Understanding the Penalties for Late or Failed Tax Filing as an H1B Visa Holder

H-1B visa workers must file taxes by April 15, 2025, determine residency using the Substantial Presence Test, report foreign assets…

H1B Visa Tax Obligations: Reporting Foreign Income and Assets

H1B holders meeting the Substantial Presence Test must report global income in 2025. They must file FBAR for foreign accounts…

H1B Visa Taxes: Do H1B Visa Holders Pay Social Security and Medicare Taxes?

H1B visa holders are required to pay Social Security and Medicare taxes, just like U.S. citizens and residents. They are…

H1B Visa Holders: Can You File Taxes Jointly With Your Spouse?

H1B visa holders can file taxes jointly with their spouse, allowing them to benefit from joint tax filing. This simplifies…