| Talligator2001:
You need to file Form 1040, since your H-1 visa makes you a resident alien. You will be allowed to claim the standard deduction of $5,000.
Your wife can file Form 1040NR with the standard deduction of $5,000 allowed under the U.S.-India Tax Treaty. She also has the option of filing jointly with you. She may want to prepare the returns both ways and determine which way results in the least amount of tax. I suspect there will be little, of any, difference. |