Do Green Card Holders Pay U.S. Taxes?

Do Green Card Holders Pay U.S. Taxes?

The short answer is “yes.” Acquiring a green card makes you a lawful U.S. permanent resident, as such, you automatically assume all the tax responsibilities of a U.S. tax resident. The federal government requires all tax-eligible U.S. citizens to declare their worldwide income sources to the Internal Revenue Service (IRS) every year. You must claim…