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
Athens, Ohio, Approves Income Tax Increase After Final Vote Count
Athens, Ohio, officially increases income tax to 2.15% after a 10-vote victory margin. The move is expected to generate $1.9M in revenue by 2027.
Mumbai Income Tax Appellate Tribunal Allows Section 80G Deduction Despite Section 37 Restriction
Mumbai Tribunal clarifies that CSR donations may qualify for Section 80G tax deductions even if they are barred…
House Panel Proposes Highway Trust Fund Tax on All-Electric Vehicles
Rep. Sam Graves proposes new 2026 federal vehicle taxes: $200 for EVs, $100 for hybrids, and $20 for…
Missed FBAR for Indian Bank Accounts? File Now and Review Form 8938 to Avoid Penalties
Essential guide for U.S. taxpayers to correct missed FBAR filings for Indian bank accounts, covering NRE/NRO reporting, Form…
IRS Direct Pay Warns: Separate Payments After Tax Extension to Avoid Balance Notices
Learn why IRS balance notices occur after tax extensions and how to resolve common payment errors involving incorrect…
India Eases PAN Application Rules for Foreign Portfolio Investors Under New Income-Tax Rules
India eases PAN rules for Foreign Portfolio Investors (FPIs) in 2026, allowing placeholder TINs and simplified signatory data…
Supreme Court to Rule on Whether Dividend Distribution Tax Under Section 115-O Is on Dividend
India's Supreme Court to rule on DDT characterization, impacting 2026 U.S. foreign tax credits and international treaty claims…
New York Governor Announces State Will Join Education Freedom Tax Credit Program
New York plans to join the $1,700 federal Education Freedom Tax Credit program starting January 2027 to fund…
Ohio Entrepreneur Promises to Phase Out State Income Tax, Zero Tax Rate on Earnings
Vivek Ramaswamy proposes phasing out Ohio's income tax by 2026, starting with capital gains, despite a potential $10…
India Keeps Capital Gains Tax for Foreign Portfolio Investors Intact Under Finance Act 2024
India maintains existing FPI capital gains tax rates of 20% for short-term and 12.5% for long-term gains, ruling…