Visa overstay and LLC tax filing obligations
I overstayed my visa and I am now out of status in the U.S. I still own an LLC that continues to generate income. I am worried about my immigration situation, but I also want to know about my tax obligations. Does being out of status affect my duty to file taxes? If I file a tax return, will the IRS share my information with immigration authorities? I need to understand my obligations without making my situation worse.
Related Questions
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...
What do I need to know about filing Form 8621 for PFIC reporting?
I have investments in two foreign funds that I've now confirmed are PFICs. I've owned them for three years and never filed Form 8621. I'm terrified about the penalties. What information do I need to c...
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...
I accidentally spent too many days in the U.S. and may have become a tax resident — what now?
I'm a German citizen who owns a U.S. LLC and I travel to the U.S. frequently for conferences and client meetings. I just realized that between 2024, 2025, and 2026, my weighted day count under the Sub...
Can a tourist form a U.S. LLC?
I am visiting the U.S. as a tourist on a B-2 visa and I want to form an LLC while I am here. I have heard that anyone can form an LLC in the U.S. regardless of citizenship. Is this true, and can I do ...
I'm a foreign person owning a U.S. LLC — do I need to worry about GILTI?
I'm a non-U.S. resident who owns a single-member LLC in the United States. My LLC provides consulting services to clients in the U.S. and abroad. A friend told me about GILTI and said I should check i...
What is a dual-status tax return and when do I need to file one?
I got my green card in July 2025 after living in the U.S. on a work visa. My accountant says I need to file a 'dual-status return' for 2025. I've never heard of this before. What exactly is a dual-sta...
E-1 Treaty Trader visa and LLC ownership
I operate an import-export business through a U.S. LLC and I am considering applying for an E-1 Treaty Trader visa. My trade is principally between the U.S. and my home country. How does LLC ownership...
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...
ESTA/Visa Waiver and managing your U.S. LLC
I am from a Visa Waiver Program country and I enter the U.S. on ESTA for short business trips. I own a U.S. LLC that operates an e-commerce store. During my ESTA visits, I sometimes handle shipping lo...
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/moDisclaimer: 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.
