[Show all top banners]

kiran_sh
Replies to this thread:

More by kiran_sh
What people are reading
Subscribers
:: Subscribe
Back to: Kurakani General Refresh page to view new replies
 Tax query

[Please view other pages to see the rest of the postings. Total posts: 41]
PAGE: <<  1 2 3  
[VIEWED 13589 TIMES]
SAVE! for ease of future access.
The postings in this thread span 3 pages, go to PAGE 1.

This page is only showing last 20 replies
Posted on 02-05-07 7:29 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Hey guys,

I need your expertise to filing this year's tax. Its been 2 yrs I am here in US and filing tax as a resident, though I was in F1 status. I even worked using my SSN to work offcampus and used W2 of that work while filing tax. Now I am in H1B and want to file tax legally, as an international. Is it okey to file 1040 NR after filing 1040 for two year? What might be its consequences?

Your suggestions are highly appreciated.Thanks in advance
 
The postings in this thread span 3 pages, go to PAGE 1.

This page is only showing last 20 replies
Posted on 02-12-07 3:04 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Thanks blue_moon,They have TIN.You can apply for your dependent's TIN when you file for Federal return.I do not know the procedure though coz one of the Nepali daai did it for me last year.
I am told that upto $19000 will be non taxable for me if I go for Standard deduction coz I have 2 dependents.I am not sure how it works if I go for itemized deduction.

I am still seeking more information in tax deduction.

Any information is highly appreciated.

Thanks
 
Posted on 02-12-07 3:17 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

my dependent is in F2 status. Are those who are in F2 status are eligible for TIN?
 
Posted on 02-12-07 3:20 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 
 
Posted on 02-12-07 3:27 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Can you provide me the information about where to get that?
 
Posted on 02-12-07 3:33 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Since,I did not do it myself.One of the nepali bro did it for me.I will find out and reply to your mail by tomorrow.(My dependent got those TIN when they were in F2).
 
Posted on 02-12-07 3:54 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Hello Blue moon,
You can get ITIN number for your dependent from any of IRS office. You have to fill W-7 form. You can do it your self also. Otherwise if you wanna get more refund go to one of indian CPR and pay around 60-100 bucks then they will do everything, i mean filing for ITIN number also.
How you are filing your tax return? 1040 or 1040NR ?
 
Posted on 02-12-07 4:08 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Does anybody have any idea about F-1 studnets can file 1040 or not? If they file 1040, can get more refund, if file through 1040NR then get less refund. Does anybody have any detail idea about it?
I heard, though you are an international student, after certain time you will be considered as RESIDENT only for tax purpose and you can file 1040.
Filing through 1040 will affect for GREEN card processing or not?
 
Posted on 02-12-07 4:49 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Gorkhali jetho

HEre is What is written in IRS website

Nonresident aliens. Generally, if you are a nonresident alien (other than a resident of Canada or Mexico, or certain residents of India or Korea), you can qualify for only one personal exemption for yourself. You cannot claim exemptions for a spouse or dependents.

I am going to file 1040 NR. I heard that it should be five years to fill as Resident.
 
Posted on 02-13-07 8:34 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

My question is still unanswered:
While filing for Federal Tax return,how much can I claim as non taxable?Also,for state tax return,how it works if I have wroked in 2 states?
Any information is appreciated.
 
Posted on 02-13-07 9:58 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

fellowship won't be taxable.
$ 3300 per dependents and 3300 yourself.
 
Posted on 02-13-07 12:03 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

let me get clear here:

Standard deduction for a married filing jointly : $10000
Tax credit for we three(me and my dependent) : $9900(3300*3)
Total = $19900

Apart from those deductions,what else can I include?
 
Posted on 02-13-07 12:34 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

I think you can't both married filling jointly and 2 dependents.
 
Posted on 02-13-07 12:36 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Which form are u filling?
 
Posted on 02-13-07 12:38 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Should I file as married filing separately and claiming 2 dependents?
 
Posted on 02-13-07 12:39 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

married filling jointly and one dependent will be better, I guess, I am not the tax expert
 
Posted on 02-13-07 1:58 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

yes, you CAN file as married-filing-jointly and claim 3 exemptions. Also, don't forget to claim the phone tax credit. If you have paid for college expenses for any of your dependents, you can also claim the Hope credit.
 
Posted on 02-13-07 2:02 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Thanks john doe ,What is that 3 exemptions? any idea about deductions..What documents do I have to send for education and moving expenses?
 
Posted on 02-16-07 9:19 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Hi Nanu
Which form are you filling for federal tax return. I didn't see anywhere to write married filling jointly. Is that the state tax return you are talking aboout?
 
Posted on 02-16-07 9:24 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

I used to file through one of the Nepali dai before and he perhaps filed 1040 and I think,I will continue with that.

http://www.irs.gov/pub/irs-pdf/f1040.pdf.

see under filing status.

Thanks
 
Posted on 02-16-07 9:59 AM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

I am sure you are filling 1040. What is the difference filling 1040 and 1040NR?
 



PAGE: <<  1 2 3  
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 7 days
Recommended Popular Threads Controvertial Threads
TPS Re-registration case still pending ..
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