Hello
I have a question. Im an F-1 student. I graduated in May 2005. I have been working on OPT since June all the way until the end of the year. That makes me qualified to file tax as a non-resident.

Ok i earned an amount of 4200 on W-2 (not on H-1, its F-1)with federal tax 225 and state tax 140 held. And also i earned 27000$ on 1099-MISC.

So how much tax do u think i need to pay now?

AtlantaTaxExpert

If you are F-1 for the entire year, you are exempt from Social Security and Medicare taxes and self-employment taxes on the $27,000 you earned. That's the good news!

The bad news is that you will still owe significant taxes. If you claim no deductions on your Schedule C, you will owe $2,978 in federal income tax.

How much you owe in state income tax depends on in which state you are located.

BTW, what is your nationality (makes a difference as to what deductions you can claim)??

alimineti

Thank You for responding.

Iam Indian National. And I live in state CA. The W-2 is from the state KY.
What deductions I can claim?

AtlantaTaxExpert

Alimineti:

On the Schedule C, you may be able to claim:

- Mileage incurred while working.
- Use of your personal computer while working.
- Cost of supplies you paid out-of-pocket for work.
- Use of your cell phone (if used for work).
- The use of your apartment for work.

There are other possible deductions, but I would need to know a LOT more about the nature of the work you did while earning that $27,000.

You will ned to file two state tax returns (Kentucky and California).

If you want to use my tax service, contact me at and we will discuss your situation in more detail.

alimineti

I want you to do mny taxes. I have sent u an email with my contact number. Contact me soon.

AtlantaTaxExpert

We have spoken!