U.S. Individual Tax

There are two classifications of people that the U.S. uses in regards to taxes tax residents and non-tax residents. All citizens and green card holders are considered to be tax residents. U. S. tax residents must report their worldwide income to the IRS and pay taxes by April 15 every year.

Mr. Zhang is a new immigrate and hold a green card. He wonders how his immigration and taxes will work. CPA and accountants at MT Law told Mr. Zhang that as soon as he acquire sa green card, his is automatically classified as a United States tax resident and must report all of his income, whether earned abroad or domestically. Like almost every other taxpayer in the United States, green card holders must file an IRS Form 1040 each year by April 15th. If he fails to file your United States taxes as a green card holder, he may hurt his chances of becoming a U.S. citizen. Additionally, if he intentionally does not file his taxes, he may also be guilty of a crime which could result in the loss of his green and his deportation.