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Tax returns for Visa holders

Moving locations can be difficult – new routines, new employer, new city, etc. One of the challenges of Visa holders in the US is navigating the extremely complex tax law.

Fortunately, we have countless clients in the same situation – most our firm started in the US as Visa holders ourselves, so our experience is both personal as well as professional.

Some of the challenges associated with this type of return may include:

  • Residency status (are we filing as US residents or nonresidents)
  • Assets outside of US and possible requirements to report these assets
  • Possible taxes owed on foreign income
  • Reporting foreign trusts, retirement accounts, etc.
  • Receipt of gifts & required disclosures
  • Possible tax-related deductions on your US returns
  • Important, strict deadlines to be considered

We are happy to prepare your taxes regardless of the challenges associated with the engagement. Some common visa types that our clients hold include, but are not limited to: F1, J1, L1, O1, TN, G4, E3, etc.

Please reach out at our contact information below.


7 thoughts on “Tax returns for Visa holders”

  1. Emilie Jakobsen says:

    Hi Dimov,
    I am a J-1 visa student from Europe. I am currently doing an Internship in NYC, USA. I have a 1099-MISC, as my contract is “Self Employment”. I need help with filing for taxes in the US, as I am leaving soon.

    Can you help me?

    Best,
    Emilie Jakobsne

    1. dimovtax says:

      Hi Emilie,

      Thank you for your message! How many years have you been on J-1 visa? This is important as it determines if you will be file as a resident alien or nonresident alien.If you are nonresident alien, you are not subject to self-employment tax. We are specialized in 1099-MISC deductions and we will maximize your deductions. Please let us know if you have any questions. Looking forward to working together!

  2. Fabrice Machia says:

    Hello, my name is Fabrice Machia. I used to be based in US on a G4 visa but left recently. I have done a few investments while there on some apps such as Fundrise, Robinhood, vanguard…, and was wondering how to fill my taxes. I also have a few US bank account
    thanks for letting me know
    Fabrice

    1. dimovtax says:

      Hi Fabrice – I just sent you a private message with some basic instructions.

  3. Dr.Saminathan says:

    Hi ! I am J1 visa holder. I have been working as a visiting fellow and exempted from paying federal taxes through agreements. But this exemption was found only after 8 months of my enrollment. Federal taxes were deducted for first 8 months. Then onwards, the federal taxes were not withheld. So how could I reclaim the federal taxes already withheld, since I am exempted from paying taxes from the beginning? I have been working in J1 visa from dec 2018 – until now. Appreciate your help !

  4. Sam says:

    Hi ! I am J1 visa holder. I have been working as a visiting fellow and exempted from paying federal taxes through agreements. But this exemption was found only after 8 months of my enrollment. Federal taxes were deducted for first 8 months. Then onwards, the federal taxes were not withheld. So how could I reclaim the federal taxes already withheld, since I am exempted from paying taxes from the beginning? I have been working in J1 visa from dec 2018 – until now. Appreciate your help !

    1. dimovtax says:

      Hi! This is a great question. There are a few things you can do:
      –Tell your employer to refund you the FICA tax and amend your W2 (provide W2C). We also own a payroll company and do this sometimes if it is discovered that one of our clients’ employees is exempt from FICA.
      –Ask your employer to amend your W2 with a W2C and petition for the refund on your actual return.
      –Dispute the W2 with the IRS

      Let us know if you need assistance with any of the three listed options & we will be happy to assist. We do serve all 50 states. As always, none of this is professional advice until you have hired us.

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