Today, I am informed that my green card application is approved and I will receive my physical green card in the next week or so. I work as a graduate research assistant in a University at South Carolina. Before receiving my green card, I was on F-1 student visa. Will my taxes be increased after receiving green card?
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1It will depend on your university's rules, but you may be required to pay FICA (social security tax) during the summer and other breaks between semesters. You were previously exempt from FICA entirely because of your nonresident status.– Brian BorchersCommented Jan 31, 2021 at 0:25
1 Answer
Will my taxes be increased after receiving green card?
Typically, no. However, there'll be a few changes in your tax forms, e.g. nonresident aliens are exempt from FBAR while resident aliens are not, nonresident aliens file Form 1040NR whereas resident aliens file Form 1040, and I believe some tax treaty clauses only apply to nonresident aliens (-> that's the only change I can think of that could lead to a slight increase in your taxes).
To connect your immigration status (F1 vs. green card) with the IRS terminology (resident aliens vs. nonresident aliens):
- F and J student visa holders are considered non-resident aliens during their first five calendar years in the U.S.
- Having a green card makes you a resident alien.
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