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    uctorrent's Avatar
    uctorrent Posts: 2, Reputation: 1
    New Member
     
    #1

    Mar 5, 2007, 10:03 AM
    Estimated Tax using 1040 or 1040NR (does it even matter)
    I am a married Indian Citizen, me and my wife were on F1/F2 from Jan - Sep and converted to H1 starting October 1st.

    I am filiing an extension so that I can pass SPT.

    I was wondering if the estimated tax in the tax form needs to be computed using 1040NR or 1040 and does it matter?? As there is a substantial difference in the amounts that I get with these two forms.

    Thank You
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Mar 6, 2007, 10:02 AM
    It DOES matter. Since you are extending to qualify for SPT, you will be filing jointly.

    Use Form 1040 to compute your anticipated tax due.

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