John Richardson - When You Are Issued A Visa For Permanent Resident, The IRS Classifies You As Taxable

The Internal Revenue Code of the United States imposes worldwide income taxation on ALL individuals who are U.S. citizens or who are otherwise defined as “residents” under the Internal Revenue Code. “Residents” includes those who have a visa for “permanent residence” (commonly referred to as a Green Card). A visa for “permanent residence” is a visa for immigration purposes. Once an individual receives a visa for “permanent residence” they will be considered to be a “resident” under the Internal Revenue Code. Their status as a “resident” for tax purposes continues until they fulfill specific conditions to sever their “tax residency” with the United States. The conditions required to sever “tax residency” with the United States are found in S. 7701 of the Internal Revenue Code. (Basically a Green Card holder can’t simply move from the United States and sever tax residency.)

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