Matters needing attention in American immigration tax return

# American Immigration # Introduction Getting a US green card means officially becoming a US tax resident. In addition, living in the United States for 183 days will automatically become a US tax resident. If you have met the 183-day test one year before you get the American green card, then the starting date of American tax residents is the first day of entering the United States last year. The following exam network will introduce you to the matters needing attention in the tax return of American immigrants. Welcome to read!

Matters needing attention in American immigration tax return

First, new immigrants in the United States should declare their overseas deposits and assets.

According to the US tax law, all deposits (funds) in overseas financial accounts must be declared, otherwise they will be fined after being found out, with a fine of 654.38 million US dollars; If you deliberately fail to declare, you will be fined $6,543,800 or 50% of the property, whichever is the other.

There is no need to pay taxes when declaring overseas assets, but only when the assets gain income, such as only the income from buying, selling and renting houses, or the interest of banks and the income from stocks. If new immigrants in the United States misreport, fail to report or receive low-income government subsidies, it is suggested to amend the tax return to avoid being rejected when applying for a green card. The first declaration is very important, and it is recommended to find an experienced certified public accountant to handle it.

Second, foreign investors in the United States declare taxes.

The real estate agent who handles the rental business on behalf of the landlord should remind and urge the overseas landlord to file tax returns, otherwise 30% of the landlord's rental income will be handed over to the IRS. If the real estate agent does not help pay the rent, it will bear joint and several liability.

3. Overseas gifts exceeding $654.38 million must be declared.

If you received more than $654.38 million from overseas in the past year, you need to declare it, but it will not generate tax.

Four, volunteer fees, charitable donations must be proved.

Five, college students' income declaration is conducive to tax avoidance.

If a child who is in college has income, it should not be included in his or her parents' income. He or she can declare in his or her own name, as long as it is less than $6,300, it can be tax-free. The purpose of the declaration is to refund the tax preference. If children have scholarship or internship income, they can choose to file tax returns separately according to their income. If the child has a loan, his interest can offset the tax allowance of $2,500.

Six, new immigrants in the United States should carefully choose qualified accountants.

Generally speaking, you can use professional software to file personal tax returns, but if you are a new immigrant to the United States and the situation is complicated, especially if you start a company, it is recommended to find a professional CPA agent. Certified public accountants have passed the accountant examination and have the qualifications required by the tax bureau. It is suggested to check the qualifications of accountants through the website of the IRS before entrusting tax returns.

Extended reading: the method of American immigration

Method 1: Have an American spouse.

If you can't find a spouse in America, you are an American. In addition to American citizens, there are people like you who want to immigrate to the United States and succeed. If you find an American citizen, congratulations. You can directly apply for immigration to the United States and succeed soon. If you are unfortunate enough to become a green card holder, you still need to go through the normal procedures, but you will also become a priority immigrant category. Compared with the past, the immigration conditions will be much lower.

Method 2: Children's migration

1. Chenggong has become an American citizen and wants his children to immigrate to the United States. As long as the children are not less than 2 1 and are not married, they can apply for immigration directly.

2. If the child is over 2 1 year old but not married, it belongs to the first priority category.

If the child is married, it is the third priority. You can return to the top priority after divorce.

People with green cards can have the same advantages as their children. His unmarried children are the second priority, and he can't enjoy the priority when he is married.

Method 3: Brothers and sisters emigrate.

As long as they are American citizens aged 2 1 year, their brothers and sisters have an advantage when applying for immigration to the United States, and they can be the fourth priority applicants when applying, and they can enjoy this right just like their brothers and sisters. However, if he only got the green card of the United States, his brothers and sisters would not have this right.

Method 4: excellent talent migration

1. has won awards at or above the provincial level in performing arts and sports.

2. Participate in projects reported by internationally recognized mainstream media.

I have made outstanding contributions in my major.

4. Publish papers in international journals.

5. Professional organizations have held important positions.

There are still some conditions that can be achieved, and more than three people are needed to be considered outstanding talents.