H.R.8972

Federal HB8972 would classify optional practical training for F-1 visa holders as employment for tax purposes under the Federal Insurance.

Federal HB8972, known as the OPT Fair Tax Act, seeks to amend the Internal Revenue Code of 1986. It would classify optional practical training for F-1 visa holders as employment for tax purposes under the Federal Insurance Contribution Act and the Social Security Act. This change aims to ensure that F-1 visa holders participating in optional practical training are subject to the same employment tax obligations as other workers. The amendments would apply to services performed in calendar months beginning after the date of enactment of this Act.