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Home > Money & Services > Taxes   »   f1 to h1, interest, dividend and capital gains

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Old Mar 19, 2009, 11:33 AM
tttanya
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f1 to h1, interest, dividend and capital gains

Hi,

I went from F-1 to H-1 in July 2008 and do not meet the substantial
presence test.

If I file 1040NR, should I divide the qualified dividend and bank interest
between f-1 and h-1 period to determine the effectively connected vs.
not effectively connected income?

Also, I received capital gains from sale of ESPP while on H-1. Should I use
schedule D?? Or do I report the transaction on line 89 on pg 4 of 1040NR.

Thanks, Tanya

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Old Mar 20, 2009, 12:11 AM   #2  
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No, you do not divide. Check your bank statements for the dates when you received the interest or dividend.
Yes, for capital gains use schedule D.
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