Ask Experts Questions for FREE Help!
 

Free Answers in 3 Easy Steps

Register Now
3 Steps
 


Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  View Answers    Answer this question    Ask a question  
 

prajwal001
Jun 29, 2012, 05:08 PM
I am Indian. I am working under CPT program.
For this year I will be approximately earning $ 38,961
Federal with holdings are approx $ 6940
CA with holdings are around $ 2100
Fed MED + Fed OASDI WH around $ 158
My tuition fees in the same year $22,172

How much tax refunds I can expect?

prajwal001
Jun 29, 2012, 05:17 PM
I forgot to mention that I hold a valid F1 Visa

taxesforaliens
Jun 29, 2012, 08:48 PM
How long have you been on the visa?
If less than 5 years you shouldn't be paying FICA taxes (unless you were an exempt individual before you had the F1 visa)

prajwal001
Jun 29, 2012, 09:12 PM
I am here from 1 year on F1 visa. I do not know what is an exempt individual.

AtlantaTaxExpert
Jun 29, 2012, 09:30 PM


Are you married?

Are these figures for 2011 or 2012??

prajwal001
Jun 29, 2012, 10:59 PM
I am single. These are for 2012. I mean I am still working as an intern. But I would like estimate returns so that I can arrange funds for next semester fees

AtlantaTaxExpert
Jun 30, 2012, 04:16 AM
Your refund will be about $2,944.

prajwal001
Jun 30, 2012, 07:46 AM
Thanks a lot

AtlantaTaxExpert
Jun 30, 2012, 11:56 AM
Thanks a lot

Glad to help!