Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [h-1b-visa]

H-1B is a specific type of temporary, non-immigrant US visa for foreign workers.

The H-1B program applies to employers seeking to hire nonimmigrant aliens as workers in specialty occupations... A specialty occupation is one that requires the application of a body of highly specialized knowledge and the attainment of at least a bachelor’s degree or its equivalent.

--via H-1B Program (U.S. Department of Defense

59 questions
19
votes
1 answer

Do I pay gift taxes in US, if I send money (>$15000) to my father in India?

I am in the US on F1 visa - OPT, I need to send money to pay off my student loan in India. I have already sent about $25000 to my dad, who has paid it to the bank for my student loan and I am planning to send about $15000 more for the same…
user63762453
  • 291
  • 2
  • 5
8
votes
3 answers

How to build a U.S. credit history as a worker on a visa?

I am 30 and looking serious at moving to the United States to take a lucrative (career wise) job. Assuming I get the job offer and accept it, how can I go about getting credit in the US? I am from Australia. I have perfect credit here. I have never…
Mark Henderson
  • 642
  • 5
  • 13
6
votes
1 answer

What happens if I have an HSA while here on an H1B work visa and I permanently leave the United States?

I am currently in the US on work visa (H1B) and have been contributing to a HSA account. If I leave the country at a future point of time, what happens to this account and would it be possible for me to utilize the funds in the account for eligible…
Sirpingalot
  • 257
  • 2
  • 5
3
votes
1 answer

Does 401k on H-1b visa make sense when there is an employer match?

I am on H-1b visa in the U.S. I will stay between 2 and 5 years here. My employer is (almost) matching my 401k contribution. I am wondering if it makes sense for me to participate in the 401k. I have no intention of using it at retirement age, due…
Ицко
  • 143
  • 1
  • 5
3
votes
1 answer

H-1B visa holder came in April 2017. What are the options for filing income tax return?

I came on H-1B visa with my wife and kid in April 2017, from India. I have salary income from January to March from India and from April to December from USA. Here I have few questions: What is my resident status? Am I resident for federal and…
nidhsp
  • 31
  • 1
3
votes
1 answer

H1B Visa holder - Transferring Lottery Winnings to India Legal or Illegal?

Currently, I am working in USA on H1B visa. I came to US in JAN 2015. So for income tax purpose, I am Non-Resident Indian for financial year 2015-16. I have query regarding lottery winnings outside India. After reading income tax rules on web, I…
Sambhaji
  • 131
  • 1
  • 1
  • 2
3
votes
2 answers

Whether H1 B Non Immigrant visa holders are allowed to purchase Home in the US?

Are H1 B Non Immigrant visa holders allowed to purchase homes in the US, assuming they have the necessary income and a good down payment (20-30%)? Will the immigration status affect approval for the loan?
goofyui
  • 1,117
  • 7
  • 17
3
votes
1 answer

I am on H1B and My Ex-employer is sending me letters about money I OWE them

My employer is asking me to pay owed money back, which is around 25,000$. I was working for them for about 3 years on H1B visa. as per salary commission structure, I did not make enough money to match with their commission / bonus structure. My H1B…
neek
  • 31
  • 1
3
votes
0 answers

H1B Temporary Worker/ 1099 MISC Income

I am a H1B temporary worker in the united states at the moment. Last year, there was a pilot TV series filming in our apartment of residence which resulted in some inconvenience for me as a resident. The corresponding firm compensated me with 600$…
b1tchacked
  • 131
  • 3
3
votes
1 answer

Wife's H4 is Pending. I am on H1B effective Oct 1 2019. Can I withhold taxes as 'Married'?

My Visa status changed from F1 to H1B effective Oct 31st this year. My wife came to USA in May 2019 on F2 Visa. Her H4 application is still in process and her F2 is invalid effective Oct 31st. I wanna know if I can withhold taxes on W-4 by choosing…
DHeisenberg
  • 41
  • 1
2
votes
1 answer

Can I file California State tax as a part year resident/non resident, if I am filing Federal tax as a Resident?

I am on H1B since October 1, 2017. I am filing Form 1040 for my Federal taxes, which I will file after May 2018, filing for an extension. How should I file my State tax? I live in California. Does California have any provision for treating…
Josh
  • 141
  • 4
2
votes
1 answer

Am I a resident or a non resident for tax purposes this year?

I am on H1 B visa since Oct 1, 2017. Last year, I was on F1 OPT. I am filing a Married filing jointly with my wife (is on H4 without any income). I am planning to fill in Form 4868 for extension and pay the necessary amt. After I meet the…
Josh
  • 141
  • 4
2
votes
1 answer

Should I file Form 1040 or Form 1040 NR?

I am currently on H1 B (since October 1, 2017). Last year when on F1 OPT, I had filed Form 1040 NR for my taxes. Which form is advisable for 2017, considering I am on H1 B now. What options do I have?
Josh
  • 141
  • 4
2
votes
1 answer

Tax filing for status change - from nonresident F1 to resident H1-B

I have found this question is discussed in several places. I especially found this answer How do I file 2015 taxes for F-1 OPT till Sept 30, 2015 to H-1B from Oct 1, 2015? useful as my situation is similar. I am F-1 student, single, didn't complete…
bxu2904
  • 23
  • 1
  • 3
2
votes
1 answer

H-1b visa holder with F-1 spouse filling tax jointly

I'm an H-1b visa holder. I got married in this May 2016. My spouse is an F-1 visa holder. What kind of tax return status is correct for this year. Do I have to file as single from January to April and jointly from May to December? My spouse doesn't…
sng
  • 93
  • 3
1
2 3 4