Oliver Mercer
Tax Implications for K-1 Visa Holders Receiving Foreign Gifts
K-1 visa holders receiving foreign gifts face potential tax consequences. Here's an overview of the tax implications of…
K-1 Visa Tax Guide: Deducting Student Loan Interest
K-1 visa holders may be eligible to deduct student loan interest, as it is a common tax deduction.…
Reporting Scholarships and Fellowships for K-1 Visa Holders
K-1 visa holders can report scholarships and fellowships by following specific guidelines. This article discusses how to navigate…
Understanding Tax Obligations for Immigrants: The Immigration Tax Impact
Changes in immigration status can have a significant impact on tax obligations for immigrants. It's important for immigrants…
Understanding Gift Tax for K-1 Visa Holders: Are Gifts Taxed?
K-1 visa holders are not subject to gift tax for gifts from U.S. individuals. However, inheritances may be…
Understanding AMT and K-1 Visa Tax Implications
K-1 visa holders may be subject to Alternative Minimum Tax (AMT). Understanding the K-1 visa tax implications is…
K-1 Visa Holders: Understanding Tax on Owning Property Abroad
K-1 visa holders who own property abroad may have tax implications. Understanding the tax rules and regulations is…
K-1 Visa Tax Filing Guide: Essential Documentation for Marriage Visa Taxation
When filing taxes with a K-1 visa, certain documentation is necessary. This includes a Form 1040, a Social…
K-1 Visa Tax Filing Deadline: When to Submit Your Taxes
The deadline for K-1 visa holders to file taxes is typically April 15th. It is important to understand…
Expat Tax Benefits for Charitable Donations in Home Country
Expats may wonder if they can deduct charitable donations made in their home country. Learn about the expat…
Taxation of Non-U.S. Scholarships for K-1 Visa Holders
If you are on a K-1 visa and receive a scholarship from a non-U.S. institution, it may be…
Deducting Pre-Visa Business Expenses on a K-1 Visa
If you incurred business expenses before your K-1 visa approval, you may be able to deduct them. Learn…
Impact of Unpaid Foreign Taxes on U.S. Tax Filing
Unpaid taxes in your home country can impact your U.S. tax filing. It is essential to address foreign…
Responding to an IRS Residency Notice: Resolve Your Tax Residency Status Dispute
If you receive an IRS residency notice questioning your tax residency status, seek advice from tax experts to…
K-1 Visa and Mid-Year Move: Filing State Taxes in the U.S.
If you migrated to the U.S. on a K-1 visa midway through the year, you'll need to handle…