H.R.8972

Federal HB8972, the OPT Fair Tax Act, amends the Internal Revenue Code to include optional practical training for F-1 visa holders as employment for.

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