Will my taxes be increased after receiving green card?

Question

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?

Franck Dernoncourt · Accepted Answer

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.

FYI What shall one do after receiving a green card?

Will my taxes be increased after receiving green card?

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