[Show all top banners]

loveanythingnepali
Replies to this thread:

More by loveanythingnepali
What people are reading
Subscribers
:: Subscribe
Back to: Kurakani General Refresh page to view new replies
 help for tax return
[VIEWED 3143 TIMES]
SAVE! for ease of future access.
Posted on 02-23-12 7:32 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Namastey sabai jana lai,
I am on F1 visa and wanted to fill tax returns. Does Nepal have a tax treaty with the U.S. ? I work on campus so I have a W -2 form. I also have a wife here on F2 visa so are there any forms to be filled besides the details of W-2 form ? Please guide me.
Thanks a lot.

 
Posted on 02-23-12 9:56 PM     [Snapshot: 69]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Nepal doesn't have tax treaty so for 5 calendar years you cannot claim dependents, and you cannot take the standard or itemized deduction. You can take only $3700 as exemption. Well people do file 1040 and get more money back, but if you get audited then you have to pay the money back with fine. I am not trying to disappoint you but that is the truth and I have been in your shoes.

Sparty

 
Posted on 02-24-12 7:53 AM     [Snapshot: 201]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Thank you very much Sparty.Your reply helps a lot.  I will rather not try to claim returns in which I might be fined. So, I will only submit W-2 details. dherai dherai dhanyawad.

 
Posted on 02-24-12 9:26 AM     [Snapshot: 236]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

I heard you can itemize and get more than exepmtion. I knew a gentleman in UNH used to itemize when he was F1 stuednt.

tution fee
books , stationery
related expnses
(not mandetory health insurance).
which will jack up over 3700 and able to get more refund.
 


 
Posted on 02-24-12 9:31 AM     [Snapshot: 248]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

 People have even filed tax return as resident while in F1, that doesn't mean one shud do the same. 
The best is file 1040NR EZ form, follow instructions and u will be good. 
 
Posted on 02-24-12 5:55 PM     [Snapshot: 366]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

I guess , you have already filed and now it does not matter to you.  It matter to the originator and we focus on maximizing the refund following the IRS rules.

Very few people use itemized deduction. 

Mr. CPAs and  Hari dai, what is your opinion? Never head of Itemize on 1040 NR filing ?? 
Last edited: 27-Feb-12 04:24 PM

 


Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 30 days
Recommended Popular Threads Controvertial Threads
TPS Re-registration case still pending ..
ढ्याउ गर्दा दसैँको खसी गनाउच
अमेरिकामा बस्ने प्राय जस्तो नेपालीहरु सबै मध्यम बर्गीय अथवा माथि (higher than middle class)
TPS Work Permit/How long your took?
कल्लाई मुर्ख भन्या ?
Morning dharahara
Travelling to Nepal - TPS AP- PASSPORT
मन भित्र को पत्रै पत्र!
Does the 180 day auto extension apply for TPS?
Another Song Playing In My Mind
Guess how many vaccines a one year old baby is given
Elderly parents travelling to US (any suggestions besides Special Assistance)?
Susta Susta Degree Maile REMIXED version
1974 AD Pinjadako Suga Remixed
जाडो, बा र म……
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.

Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters