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 MigrationWhat 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 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?How 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 InvestmentsWhat should NRIs do to comply with tax residency rules for FY 2025-26?
NRIs must document their entry/exit dates to determine 182-day residency under Section 6 and report and pay tax on Indian-sourced income accordingly.
Read: NRI Tax Residency 2025-26: 120-Day Rule and Deemed ResidencyUnion Budget 2025 Brings Key Tax and Investment Changes for NRIs
India's Budget 2025 introduces major changes for NRIs, including increased income tax exemptions (up to INR 12 lakh), revised tax slabs, reduced surcharges, and simplified TDS rules. It allows higher…
IRS Direct File Program, Bringing Big Changes for 2025 Taxes
The 2025 tax season introduces significant IRS changes, including expanded Direct File to 25 states, new tools like…
India Introduces Major Income Tax Reforms in Union Budget 2025: Key Benefits
India's Union Budget 2025 revised income tax slabs, benefiting primarily middle-income earners. Key changes include a raised tax…
India’s Revised Income Tax Slabs: Old vs New Regime Explained
India's revised income tax slabs for FY 2024-25 make the new regime more appealing with lower rates and…
India’s New Tax Relief: Nirmala Sitharaman Sets Rs 12 Lakh Income Tax-Free
Finance Minister Nirmala Sitharaman's 2025-26 Budget introduces a new income tax structure, offering middle-class relief by exempting incomes…
FM Nirmala Sitharaman: No Income Tax Up to ₹12 Lakh for 1 Crore Indians
Finance Minister Nirmala Sitharaman announced zero income tax for individuals earning up to ₹12 lakh annually under the…
India Budget 2025: New Income Tax Slabs and Savings Explained
India's Union Budget 2025 introduces a major relief for taxpayers by raising the tax-free income limit to Rs…
Tax Benefits for Golden Visa Real Estate Investors in Europe
Golden visa holders in Europe enjoy varying tax benefits, such as no wealth or inheritance taxes in countries…
Declare Foreign Assets or Face ₹10 Lakh Penalty: India to it’s Tax Payers
The Indian Income Tax Department urges taxpayers to declare foreign assets in their 2024-25 returns, as failing to…
Why Elon Musk Backs Ending EV Tax Credits
Elon Musk supports eliminating EV tax credits, despite Tesla's past reliance on them, believing Tesla can thrive without…