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 Residency
How to Claim TCS Refund Using Form 26AS When Filing Income Tax Return (itr)
Taxpayers who paid TCS on foreign remittances must file an ITR to claim refunds. Success depends on the TCS appearing in Form 26AS and having a pre-validated bank account. The…
Nris Shift Capital Into Infrastructure & Transport After Budget 2026
India's Budget 2026 doubles NRI equity investment limits and simplifies market entry to attract diaspora capital. With a…
Union Budget 2026–27 Lowers LRS TCS to Boost NRI Liquidity
India's 2026 Budget focuses on reducing financial friction for NRIs by lowering remittance taxes to 2%, simplifying property…
Budget 2026 Cuts TCS to 2% Easing Education Remittances Under Liberalised Remittance Scheme
The Indian government reduced the TCS rate for overseas education and medical remittances from 5% to 2% for…
International Students Face Tax Risks After Filing Form 1040 Instead of Form 1040-NR Nonresident Return
Nonresident visa holders often misfile tax returns as residents, risking IRS penalties and immigration issues. This guide outlines…
Global Access Expands for U.S. Treasury Bonds T-Bonds Credit Risk Explained
A comprehensive overview for immigrants and visa holders on reporting U.S. Treasury Bond interest for tax year 2026.…
AXIS Capital Holdings Ltd Sees Tax Hit from Bermuda Corporate Income Tax
Bermuda’s new corporate income tax framework introduces a mandatory installment computation deadline on February 2, 2026. Designed to…
Virginia Democrats Propose Millionaire’s Tax with HB 188 and HB 979
New legislative proposals in blue states like Virginia and Washington aim to increase taxes on individuals earning over…
Massachusetts Moves to Cap Sports Bets and Raise Tax Under Senate Bill 302 Bettor Health Act
The proposed 'Bettor Health Act' in Massachusetts seeks a 51% tax on online sports betting and a ban…
Federal Government Shutdown Will Not Delay Tax Refunds Amid One Big Beautiful Bill Act (obbb)
Taxpayers must file 2026 returns by April 15, 2027. While potential shutdowns pose service risks, e-filed refunds generally…