[Show all top banners]

Replies to this thread:

More by loveanythingnepali
What people are reading
:: Subscribe
Back to: Kurakani General Discussion Refresh page to view new replies
 help for tax return
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.


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.



Within last 30 days
Recommended Popular Threads Controvertial Threads
TRUMP 2016!!! Here is why?
TPS ma ghanta hannu paryo re IT matra hamro job bikalpa?
लामिछानेको येस्पलीको दसैँ मामाघरमा
"Itiahariko" copied Itahariko username!!!!
filing H1b as gas station attendant
Stock ma lagani
Bhagawan Kahan Ma Jaau
एता हेर त खुइले खुइली हरु
Ask Me Anything - Fire Truck Expedition To Nepal
2020 : Why No Trump !
Excellent Deal on Chase Sapphire Preferred Credit Card - Don;t miss out
रवि लामिछानेले येसोरी हत्या गर्यो शालिकराम पुडासैनीको ( with video )
Turkish airline recent travel experience? Please share
Fed jobs dillema
TPS to change of status denied ..Need help
Jun ta lagyo Tarale
Osho Tapoban in Nepal
what should I do with Dhoti consutancy when it comes to payment
Thing to do for Parents after coming to USA.
TRUMP 2016!!! Here is why?
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