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Deductions & credits
Dear @roalddahl14 ,. your visa status in and of itself does not impact your ownership of foreign or domestic assets. However, once you become a US person ( citizen / GreenCard / Resident for Tax purposes ) US treasury regs come into play -- FBAR, FATCA and doing business with sanctioned persons and/or countries. You are treated just like all other US persons.
Hope this clarifies your concerns.
Namaste ji
pk
‎July 24, 2024
1:17 PM