Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now
3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Money & Services > Taxes   »   Taxes L1 visa is responsible for

 
Thread Tools Display Modes
Question
 
 
#1  
Old Jan 22, 2008, 07:15 PM
lkumar60
New Member
lkumar60 is offline
 
Join Date: Jan 2008
Posts: 2
lkumar60 See this member's comment history on his/her Profile page.
Taxes L1 visa is responsible for

Is L1 Visa status considered resident or non resident ? What forms would an L1 need to file?
My understanding is that as L1 they are responsible for federal and state taxes and fica and medicare taxes. Are fica and medicare refundable to L1 upon their departure from the US?

I would appreciate all info on L1 Visa tax obligations and guidance to resources where such information can be found.

LK

Reply With Quote
 
     

Answers
 
 
Old Jan 23, 2008, 08:56 AM   #2  
Tax Expert
MukatA is online now
 
Join Date: Nov 2007
Location: CA
Posts: 2,170
MukatA See this member's comment history on his/her Profile page.
You will file as nonresident, dual status alien or resident depends upon when you entered the U.S. and are you married or not.

Your income is subject to FICA taxes as well as federal and state income taxes. FICA taxes will not be refunded.
Read Publication 519: U.S. Tax Guide for Aliens
Internal Revenue Service

Comments on this post
lkumar60 agrees: Quick and correct response.
  Reply With Quote
 
     
 
 
Old Jan 23, 2008, 09:18 AM   #3  
New Member
lkumar60 is offline
 
Join Date: Jan 2008
Posts: 2
lkumar60 See this member's comment history on his/her Profile page.
Thank You MukatA for your help. I have also gathered useful information that you and the Altlanta Tax Expert have been posting to other queries about L1 Visa tax questions.

Thanks again.

LK
  Reply With Quote
 
     
 
 
Old Jan 23, 2008, 07:15 PM   #4  
Tax Expert
AtlantaTaxExpert is online now
 
Join Date: Feb 2005
Location: Atlanta, Georgia
Posts: 10,043
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.
Agreed; well said MukatA!
  Reply With Quote
 
     


Thread Tools
Display Modes

 
Similar Sponsors

Similar Threads
Question Asker Forum Answers Last Post
Taxes on L1 Visa Daskevin Taxes 3 Jan 21, 2008 12:37 PM
B1 and L1 visa taxes nix1978 Taxes 1 Jan 16, 2008 09:45 PM
J-1 visa taxes housekeeperka Immigration Law 0 Jul 20, 2007 10:14 PM
J1 visa, taxes rmo Taxes 1 Jun 15, 2007 03:31 PM
Taxes on H1-B visa? singhv_1980 Taxes 3 Nov 30, 2006 09:44 PM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 11:32 AM.