vbreddyasuh
Jan 9, 2007, 08:11 AM
Hi,
I am a J1 - visa holder.
This is my second consecutive years of my saty in USA.
I am exempt from the taxes for the first two years of my stay here on J1-status.
But if i stay here for more than two years, then i will have to pay all the taxes right from the first year retro acitively and with penalty.
my programme here in USA will continue for another three years which means i have to pay all th etaxes.
Instead of doing all this, i would like to pay the taxes right now though i am eligible to take the tax treaty benfit for the current year 2006.
i do not want to accumulate all the taxes which i will have to pay later on.
so could u please tell me which form do i fill if i want to do as i said above?
your answer will be greatly helpful for me.
thanks
VBR
I am a J1 - visa holder.
This is my second consecutive years of my saty in USA.
I am exempt from the taxes for the first two years of my stay here on J1-status.
But if i stay here for more than two years, then i will have to pay all the taxes right from the first year retro acitively and with penalty.
my programme here in USA will continue for another three years which means i have to pay all th etaxes.
Instead of doing all this, i would like to pay the taxes right now though i am eligible to take the tax treaty benfit for the current year 2006.
i do not want to accumulate all the taxes which i will have to pay later on.
so could u please tell me which form do i fill if i want to do as i said above?
your answer will be greatly helpful for me.
thanks
VBR





