| KseetheP100:
1 & 7) For 2004, you must file as a non-resident alien. Since you are filing as a non-resident alien, you cannot deduct either the tuition costs nor the medical expenses in 2004.
2) You became liable for Social Security and Medicare taxes the day your H-1B viosa was approved, so this withholding is correct.
3) If you were taxed on the relocation reimbursement, you should claim the expenses on Form 3903 in whichever year you actually moved. Form 3903 can be filed with either Form 1040 or 104NR, so it makes no difference how you file.
4) These are employee business expenses which can be deducted as a miscellaneous itemized deduction. However, since you are Indian, you can claim the $5,000 standard deduction, which is probably higher than all of oyur itemized deductions.
5) This interest is NOT deductible.
6) This interest may be deductible, but only if all your itemized deductions exceed the $5,000 standard deduction (not likely).
8) You need to amend your 2002 return by April 15, 2006 in order to fix this oversight and collect any additional tax refund. You amend the return by filing Form 1040X and attach a new Form 1040NRo the 1040X. If you fail to do this by April 15, 2006, by law you forfeit any refund that is due to you.
9) You have the option of waiting until early June to file, at which time you can file as a resident alien, filing Form 1040. You can then claim the Education Credit for the $450 you paid in tuition in Florida. You have to decide if a $450 deduction/credit is worth waiting 2.5 motnhs to file your tax return. |