Ask Experts Questions for FREE Help!
Answer   ||    Advanced Search    ||    Help
Ask your question or search...
Login with Facebook
User Name 
Password 
Forgot password? 

Want to become a member? It's free and once you join you can ask and answer questions. Join Now!

Home > Money & Services > Taxes   »   Standard Deductions

Question
 
 
#1  
Old Mar 18, 2006, 03:55 PM
smoitra007
New Member
smoitra007 is offline 		 
Join Date: Mar 2006
Posts: 2
smoitra007 See this member's comment history on his/her Profile page.
Standard Deductions
Hi
I have a question and wondering if anybody could answer this. I am an Indian National and was holding an F-1 Visa from August 2002 through August 2005. My Visa status got changed on September 15, 2005 to H-1B. So my starting date is September 15, 2005. Can anybody tell me what form should I file for Tax purposes and whether I could claim any standard deductions.

Reply With Quote
 
     

Answers
 
 
Old Mar 18, 2006, 09:11 PM   #2  
Senior Tax Expert
AtlantaTaxExpert is offline
 
Join Date: Feb 2005
Location: Atlanta, Georgia
Posts: 14,009
AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.
You should file as a non-resident alien, filing Form 1040NR or 1040NR-EZ.

Since you are an Indian national, you can claim a $5,000 standard deduction as well as a $3,200 personal exemption.
  Reply With Quote
 
     
 
 
Old Mar 19, 2006, 01:06 PM   #3  
New Member
smoitra007 is offline
 
Join Date: Mar 2006
Posts: 2
smoitra007 See this member's comment history on his/her Profile page.
Thank you very much
I really appreciate your quick reply. I was so stressed out regarding this that it was virtually unstoppable for me to think about it over and over again. Thanks again for the response.
  Reply With Quote
 
     
 
 
Old Mar 19, 2006, 11:46 PM   #4  
Senior Tax Expert
AtlantaTaxExpert is offline
 
Join Date: Feb 2005
Location: Atlanta, Georgia
Posts: 14,009
AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.AtlantaTaxExpert See this member's comment history on his/her Profile page.
Glad to help!
  Reply With Quote
 
     

Answer this question
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Linear Mode Linear Mode
Ask your question or search...

 




Similar Threads
standard of care vs standard of practice
(3 replies)
Education Deductions
(4 replies)
Standard deductions
(14 replies)
OPT-H1 standard deductions??
(3 replies)
deductions on funeral
(4 replies)


Bookmarks and Sharing
bookmark twitter facebook

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Search this Thread

Advanced Search




Copyright ©2003 - 2010 - Advizo, LLC
All times are GMT -8. The time now is 02:11 PM.