Questions and answers on American immigration tax payment

Questions and answers on American immigration tax payment

1. Will real estate be taxed in China? For American green card holders born in China, their property in China is not included in the tax return. However, if there is relevant rental income after landing, it must be declared.

2. What are the common preferential tax policies and tax credits?

Although the American tax law is complex, it is fair and reasonable, the implementation of laws and regulations is transparent, and there are certain tax preferential policies and tax credits. For example, income from overseas work is tax-free. According to the tax law of the United States, the income from labor services that have lived outside the United States for many years (that is, have lived in China for no more than 35 days in a year) and come from outside the United States can enjoy the tax exemption for foreign labor services of $65,438+$0,065,438+$0,300.

For capital gains obtained by buying and selling capital goods (stocks, mutual funds, real estate, artworks and other collectibles, etc.). ), those who meet the requirements can also enjoy the preferential tax rate applicable to long-term capital gains: those who hold capital goods 1 year or more can apply the preferential tax rate of 23.8% (including 3.8% rich tax) when buying and selling, instead of the general personal income tax rate of 39.6%.

For some children and full-time students, they can also enjoy certain tax credits. For example, children under the age of 17 can enjoy a child tax credit of 1000 USD/name, and the child tax credit directly deducts taxes instead of taxable income; Full-time students under the age of 24 can enjoy a tax credit of $2,500 for college fees.

In addition, according to the agreement signed by China and the United States to avoid double taxation and prevent tax evasion, the tax paid in China can also be directly deducted from the US federal tax, and there is no double taxation.

3. When do new immigrants in the United States start to file tax returns?

According to American tax law, the first time for new immigrants to file tax returns after landing is one year after their customers become American tax residents.

Taxpayers in the United States can postpone their tax returns for up to six months until June 65438+1October 65438+May of that year. However, the IRS only gives the right to postpone the tax return, but has no right to postpone the tax payment. If the tax is expected to be owed, it must be paid in advance before the tax filing deadline of the current year. If you still owe taxes afterwards, there will be fines and interest. It is recommended to pay taxes on time or in advance as much as possible to avoid unnecessary fines.

4. When is the deadline for filing tax returns this year?

Although many families who intend to immigrate to the United States have no obligation to file tax returns, American tax planning will be an important proposition when planning American immigration. It is suggested that applicants should start wealth planning under the guidance of professionals when planning immigration, understand the nature and background of assets, and rationally allocate assets under their names. Once you really want to immigrate to the United States in the future, you can honestly and clearly declare your property to the IRS.

Tips for successfully applying for immigration to the United States

Scan and file your application documents, approval documents and licenses first, which will often get twice the result with half the effort if necessary.

Most customers do not pay much attention to and master their own life, work and application information. In the application process, because the integrity and consistency of information can not be guaranteed, the application may not be smooth or even fail.

Second, get into the habit of recording your address and work information. At present, the above two requirements in the G-325a information form submitted by the Immigration Bureau for relative immigration I- 130 and identity adjustment I-485 are particularly clear and strict.

In the past, if you filled in odd jobs and unclear positions, it might not be a problem, but now it won't work. It will often be returned for additional information, which will either affect the application or delay your waiting time.

Third, when dealing with the renewal of various work cards, we must remember: 3 ~ 4 months before the card expires, make preparations for renewal. In particular, the driver's license and the work card are related, and the expiration of the work card will lead to the invalidation of the driver's license. The application for work card is delayed, and the processing cycle of immigration bureau is delayed. If you can't replace a new work card in time, you will not be able to drive normally, which will bring a lot of inconvenience to your life and work.

4. When submitting an immigration application, find a professional law firm or an immigration service agency with professional qualifications and integrity. Some customers think that immigration application is just a form. In order to save money, just find someone who can speak English to handle the application. However, not everyone who speaks English has experience in immigration application. Truly experienced and responsible law firms or immigration service agencies will fill in accurate forms and attach documents or materials according to their own understanding and experience of immigration policies. It has laid a solid foundation for the legal and effective adoption of the application, not just filling out the form.

It is not easy to be a successful American immigrant. Age, language, immigration supervision and living ability, as long as they do not meet any of the immigration conditions, will become obstacles in the application process or future immigration life, so learn more.

Article 3 Five Cities in the United States Suitable for Investment Immigration

Los Angeles 1

A city very suitable for immigrants from China, located in Southern California, is a metropolis in the United States after new york. As one of the centers of world culture, science and technology, international trade and higher education, it also has world-renowned institutions in various cultural fields.

2. Owen/Newport Beach

Although Irvine is a young city with only about 30 years, it has made many people choose it as their home. The pleasant climate, excellent school district and ideal public security situation have become the reasons why many people, especially Chinese, choose to live in Irvine. It is one of the planned urban communities in the United States, which was slowly developed by the Owen Company, a private company founded by the Owen family.

3. San Francisco

The gold rush brought China people overseas, and it is now one of the cities where overseas Chinese live intensively. Of the 800,000 people in San Francisco, 20% are Chinese, which is the proportion of Chinese in American urban population. It is the location of the world's high-tech industrial park "Silicon Valley", attracting countless high-tech talents and tourists from all over the world every day. The large-scale Chinatown makes Chinese people play an increasingly important role in the political, economic and social life of this area.

4. San Diego

A city on the Pacific coast of California, USA, with a population of about 3 million, most of whom are of Mexican and Spanish descent. Located in the southwest corner of the United States, it has a warm climate and many beaches. It is also the second largest city in California and the eighth largest city in the United States. In recent years, more and more China people have been attracted to invest and work here, which has become their choice to settle down. It is estimated that there are no fewer than 65,438+10,000 people in China. Although the number of China people who came here in the early days was small, it has grown rapidly in recent years, doubling in ten years. As an important town of high-tech industries such as biopharmaceuticals and wireless communication, it is one of the regions with the development strength and characteristics of American science and technology industry.

5. San Jose

The fifth California city that Chinese American immigrants choose to invest in. The world-famous Silicon Valley is located here and is an important part of the Northern California Bay Area. The cost of living in and around California and the United States is one of the regions, and the high housing prices here are the reasons for this situation. However, the San Jose area is also one of the areas with disposable income.