Your Trusted Source for Immigration News & Visa Guides
Tax Central: Your essential source for the latest in tax laws, filing tips, and deductions. Ideal for navigating complex tax requirements with ease.
You can exclude qualified scholarships, bond interest, and Coverdell ESA distributions when used for tuition and required fees. Room and board usually isn’t qualified except under ESAs/QTPs. Reduce qualified expenses…
Fringe benefits can be excluded or taxable based on specific IRS rules. Key exclusions: employer health plans, Archer…
Learn when military and government disability pensions are tax-free federally, who qualifies, and required proof. Key points: 1975…
In 2025, Section 121 permits exclusion of up to $250,000 ($500,000 married) if you owned and lived in…
Section 121 lets sellers exclude up to $250,000 (single) or $500,000 (joint) of gain on a main home…
QPRI permits excluding forgiven mortgage debt used to buy, build, or substantially improve your principal residence for discharges…
Immigrants filing U.S. taxes can reduce taxable income using exclusions: tax-exempt municipal bond interest, up to $250,000/$500,000 home…
The U.S. announced August 2025 tariffs adding a 25% India duty plus a 10% baseline, with +50% metals…
A bipartisan bill would create a tax credit covering up to 50% of infertility treatment costs, capped at…
India’s New Income Tax Bill, 2025 overhauls the tax code: new slabs effective FY 2025-26, ₹12 lakh tax-free…
