junctionjam
Jan 29, 2009, 05:26 PM
Hello Experts,
Im Indian,came to US in May 2008 on F1 visa.
Im working in CA,on CPT. From Dec,2008.
In my W2 form I filled as Independent ,single and no dependents.
As per my paycheck I see that on 2500$ bi-weekly salary Federal Tax (458.65$)+CA State Tax(130.67$) + DBL(27.50$)
Total Deduction of 616.82$ is deducted from my pay.
I get 1883.16$
Im on CPT and Im paying my university tution fee of 7000$ per sem.
1)Based on my CPT status and university fee payments will I get any REFUND on the TAX that is been deducted from my payroll? At the time of filling the taxes.
2) What modifications should I make in my W2 form so that instead of 616.82$ TAX a lesser amount (may be 300$) tax is deducted from Payroll.
3) Can I choose to pay the tax at the end of the year rather than deducting in every payroll.
PLease suggest any options available so that less TAX amount is deducted from my payroll because of CPT+University Tution Fee+Books expenses...
Thanks
Im Indian,came to US in May 2008 on F1 visa.
Im working in CA,on CPT. From Dec,2008.
In my W2 form I filled as Independent ,single and no dependents.
As per my paycheck I see that on 2500$ bi-weekly salary Federal Tax (458.65$)+CA State Tax(130.67$) + DBL(27.50$)
Total Deduction of 616.82$ is deducted from my pay.
I get 1883.16$
Im on CPT and Im paying my university tution fee of 7000$ per sem.
1)Based on my CPT status and university fee payments will I get any REFUND on the TAX that is been deducted from my payroll? At the time of filling the taxes.
2) What modifications should I make in my W2 form so that instead of 616.82$ TAX a lesser amount (may be 300$) tax is deducted from Payroll.
3) Can I choose to pay the tax at the end of the year rather than deducting in every payroll.
PLease suggest any options available so that less TAX amount is deducted from my payroll because of CPT+University Tution Fee+Books expenses...
Thanks