Our speaker will discuss Income Taxation of those Transitioning from G-4 to Green Card Holder, topics covered in the presentation are:
U.S. Income Tax Residency
- Substantial Presence
- TestGreen Card Test
- Filing Tax Returns as a U.S. Nonresident vs. U.S. Resident
Form 1040NR vs Form 1040
- Capital Gains
- Other important changes
- Foreign Financial Asset Reporting
Foreign Bank Account Report (FBAR)
- Specified Foreign Financial Assets Reporting (Form 8938)
- Report of Foreign Trusts and Receipt of Certain Foreign Gifts (Form 3520)
- Foreign Account Tax Compliance Act (FATCA)
The Exit Tax
Registration: email familynetwork@worldbank.org