Taxes
Tax filing requirements for immigrants, visa holders, expats, and NRIs. Covers 2026 brackets, treaty benefits, FBAR and FATCA compliance, ITIN applications, and state tax obligations for non-residents.
Top questions about Taxes
Answers from VisaVerge guidesWhat is the main U.S. federal filing deadline for India-to-U.S. movers in 2026 tax year?
April 15, 2027 is the main U.S. federal filing deadline for many India-to-U.S. movers reporting both Indian and U.S. income for tax year 2026.
Read: RNOR vs ROR in India: Navigating DTAA in Mid-Year MigrationHow does tax residency status affect H-1B visa holders for the 2025 tax year?
H-1B visa holders may be resident aliens, nonresident aliens, or dual-status filers based on their days of presence in the United States during 2025 and prior years, which impacts how they file taxes and what income is taxable.
Read: H-1B Visa Holders Face Substantial Presence Test in 2026. When Are They Resident Aliens?What are the implications of not updating tax residency for Indian citizens moving to Canada or the U.S. in 2025?
People who keep old statuses can be treated as full residents in two places at the same time, leading to dual taxation until they correct their records.
Read: Indian Tax Residency 2025: 182/60-Day Rules and Update ImplicationsHow does this affect U.S. immigration and tax filings for NRIs?
U.S. tax residents with India activity like property or frequent cash movements may need to report these assets under IRS rules, including FBAR and Form 8938 filings.
Read: Union Budget 2026-27 Sets 30% Tax Rate on Unexplained Income in Cash Credits and InvestmentsDoes India's Budget 2026 affect how NRIs report their income to the IRS?
No, U.S. residents must still report worldwide income and foreign assets regardless of India-side disclosures.
Read: NRIs in U.S. Must Report Global Income Despite India's Budget 2026 Simplification
Form 121 Replaces Forms 15G and 15H for TDS Declarations at Post Offices
India replaces Forms 15G/15H with Form 121 starting April 2026 to prevent TDS on interest income for residents with nil tax liability under new 2026 rules.
Companies and Co-Ops Keep Normal Depreciation Under Concessional Tax Regimes. But Lose Additional
Indian companies must choose between lower tax rates and additional depreciation incentives under sections 115BAA, 115BAB, and 115BAD…
U.S. Tax Compliance Hits 85% Voluntary Rate with Third-Party Reporting and Pre-Filled Returns
A comparison of U.S. and India tax compliance in 2026, highlighting how formal employment and digital reporting tools…
New York Supreme Court Narrows Public Law 86-272 Shield for Online Sellers
New York courts uphold regulations taxing out-of-state online sellers for interactive website features, while blocking retroactive enforcement prior…
Ohio Scholarship Group Launches Federal Tax Credit Program for Private School Aid
Ohio has yet to opt into the new $1,700 federal private school scholarship tax credit program starting in…
Australia Targets Foreign Resident Capital Gains Tax Rules with 365-Day Principal Asset Test
Australia proposes sweeping 2026 tax reforms targeting foreign asset tests and domestic CGT discounts to improve housing affordability…
Democrats Push Gas Prices Relief Act to Suspend Federal Gas Tax as Pump Prices Climb
Senators propose suspending the 18.4-cent federal gas tax through Oct 2026 to provide relief as prices soar due…
Louisiana Department of Revenue Reminds Filers to Use Latap Portal for Form IT-540 by May 15
Louisiana 2025 state tax returns and payments are due May 15, 2026. A 3% flat tax now applies,…
Internal Revenue Service Offers Tax Relief as State of Emergency Declared in South Georgia
IRS and Georgia officials announce tax extensions for wildfire victims in south Georgia, moving federal deadlines to Aug…
U.S. Tax Rules Treat Guaranteed Payments and Built-In Gain Allocations in Partner Deals
Learn how U.S. tax rules distinguish between partner roles and third-party transactions regarding guaranteed payments, property sales, and…