Hi,
My wife is a physician and may be going into private practice. Right now she is on greencard. Are there any tax implications to becoming a US citizen? I mean someone was telling that if you are a citizen, then the tax treatment upon selling private practice will be more favorable; than if you were just a greencard holder. Is this true? Are there any such factors that she should consider before becoming a citizen?
Thank you
My wife is a physician and may be going into private practice. Right now she is on greencard. Are there any tax implications to becoming a US citizen? I mean someone was telling that if you are a citizen, then the tax treatment upon selling private practice will be more favorable; than if you were just a greencard holder. Is this true? Are there any such factors that she should consider before becoming a citizen?
Thank you