International Tax IssuesAnswered

F-1 OPT students with a U.S. LLC: tax rules

W9
wei_9ad3new member
February 17, 2019 2,510 views 1 answer
visaf-1optstudentfreelancefica-exemption

I am an international student on F-1 OPT working for a tech company. I also want to start a freelance web development business through a U.S. LLC. Can I operate an LLC while on OPT, and does the work need to be related to my field of study? What are the specific tax rules for F-1 students who earn income through an LLC, especially regarding the FICA exemption?

Related Questions

InternationalAnswered

F-1 student FICA exemption and LLC self-employment

I am an F-1 student in my third year and I have an LLC for freelance graphic design work that I do under OPT. My W-2 employer does not withhold FICA taxes because of my F-1 status. But now my LLC is g...

A5
anika_5168·Nov 4, 2020
1,7401
InternationalAnswered

What is Form 8843 and do I need to file it if I'm a student or teacher in the U.S.?

I'm an international student on an F-1 visa and I've been told I need to file Form 8843 every year even though I have no U.S. income. I also started a small LLC for a side project. Does the LLC change...

SC
sofia_cd97·Jun 4, 2024
1,5341
InternationalAnswered

How does Italian CFC legislation apply to my U.S. disregarded LLC?

My Italian commercialista says my U.S. LLC triggers Italy's CFC rules because it pays no U.S. tax. He says I have to pay IRPEF on the LLC's entire income even though I left most profits in the U.S. ba...

G7
giulia_759f·Jun 25, 2021
9871
InternationalAnswered

L-1 intracompany transfer and LLC ownership

My company abroad is transferring me to the U.S. on an L-1 visa. I also own a separate personal LLC in the U.S. for freelance consulting work. Can I maintain ownership of my personal LLC while on an L...

P4
priya_43b9·May 18, 2020
1,9801
InternationalAnswered

Are there exemptions from the Substantial Presence Test for students, teachers, or diplomats?

I'm a foreign student on an F-1 visa studying in the U.S. and I also started an LLC on the side to do freelance software development. I've been here for 3 years now, so my total days easily exceed 183...

PB
priya_ba60·Aug 3, 2025
2,1341
InternationalAnsweredFeatured

E-2 Treaty Investor visa and LLC requirements

I am from a treaty country and I am applying for an E-2 investor visa to start a business in the U.S. through an LLC. I have heard the investment must be substantial but I am unsure what that means fo...

SC
sophie_c0c6·Dec 14, 2020
2,6701
InternationalAnswered

Green card abandonment and continuing LLC ownership

I am considering abandoning my U.S. green card and moving back to my home country. I own a U.S. LLC that generates significant income. Can I continue to own my LLC after giving up my green card? What ...

KC
kenji_c92d·Sep 13, 2025
1,5601
InternationalAnsweredFeatured

Green card holders: tax obligations for LLC owners

I recently received my green card and I own a single-member LLC. As a new permanent resident, I understand I now have to report worldwide income. What specific tax obligations do I have as a green car...

E0
elena_09f1·Oct 23, 2022
2,7801
InternationalAnswered

Do interest limitation rules apply to a foreign-owned single-member LLC with intercompany loans?

My foreign company lent money to my U.S. LLC to fund operations. The LLC pays interest back to my foreign company. Does the Section 163(j) interest limitation apply to a disregarded entity LLC? If so,...

PB
pierre_b99a·Oct 15, 2023
1,0981
InternationalAnswered

TN visa (USMCA) and LLC ownership

I am a Canadian citizen working in the U.S. on a TN visa under the USMCA agreement. I work as a management consultant for my TN employer, but I also want to start my own consulting LLC on the side. Ca...

JC
justin_cc99·Jan 28, 2022
1,5901

Have a similar question?

ForeignLLCTax members get expert answers with IRS citations. One CPA consultation costs $200+. Full access is $9.99/month.

Become a Member — $9.99/mo

Disclaimer: All content on ForeignLLCTax.com is created by a tax professional and is provided for general educational and informational purposes only. It does not constitute tax, legal, or accounting advice, and should not be relied upon as such. Every tax situation is different — for advice specific to your circumstances, please consult a licensed CPA, Enrolled Agent, or tax attorney. By using this website, purchasing a subscription, or accessing any tools or services, you acknowledge that no client-professional relationship is established between you and ForeignLLCTax.com or its operators. This website is not affiliated with the IRS.

Watch the walkthroughs