Feb 14
Do NRIs Have to File a US Tax Return? IRS Rules Explained (US vs India Tax)
Do NRIs need to file a US tax return? This is one of the biggest misconceptions facing Indians living in the US. In this video, I address what I think is an easy-to-understand topic regarding what NRIs need to file in the US and when they don’t need to file in the US. I cover what is really considered by the IRS regarding US tax residency status, level of income earned in the US, income sourced in the US, and types of visas held by NRIs. I also cover tax residents versus non-resident aliens and how income is taxed globally. I define what it really means to file a tax return in relation to paying taxes.