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View Full Version : OPT Taxation based on 1099


sahil80
Apr 2, 2014, 08:07 PM
Hello,
In 2013 I was on my OPT and I was employed by company A. I also did a small project as individual contractor for a company B.

I have received the W2 from company A which is a straight forward affair however the company B has issued a 1099 to me. They have also requested me to provide them with a W9 -- After doing some research I now understand that I cannot fill up W9 as it is for US citizens -- what form should I provide company B and what form do they need to provide me back? And how do I file this with IRS? - The amount involved with company B is almost $1000, although I understand amount does not matter but this small amount has got me in a lot of trouble now.


Any help is appreciated.

Thanks,

AtlantaTaxExpert
Apr 2, 2014, 08:10 PM
You will NOT get into trouble with the IRS unless you fail to report the income on the Form 1099-MISC, which you do with Schedule C and Form 1040NR.

You can complete the W-9, as it is NOT submitted to the IRS, but is merely a means to tell your "employer" your correct name, address and SSN. If you want to be technical about it, use Form W-8BEN.

You MAY get into trouble with the USCIS, because the side job violates your visa. Do not worry about it, as the amount earned is relatively small, but do NOT make a habit of it.