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IRS tax categories that determine whether you are taxed on worldwide or only U.S. income.
For tax purposes, a resident alien (by green card or the substantial presence test) is taxed like a U.S. citizen on worldwide income, while a nonresident alien is generally taxed only on U.S.-source income and files Form 1040-NR. Your status drives which income is taxed, which forms you file, and what reporting applies. Status can change within a year, creating a dual-status return.
Passing the substantial presence test usually shifts someone from nonresident to resident alien status.
Managing money on an H-1B visa involves unique challenges that most standard financial advice does not address: dual-country tax obligations, visa-dependent career planning, and investments that do not translate internationally.
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