garihc27
Jan 28, 2008, 09:38 AM
I have a couple questions regarding Tax forms and deductions.
1. Currently I am on H1B and wife on H4, lived in the US for over 3 years now and hence I think we meet the substantial presence test and can file as resident alien.
2. Can I deduct 401K contributions
3. Can I deduct Healthcare Spending Account contributions
4. I read on one of the post that aliens do not have to pay taxes on the interest earned from a bank account in the US. Is this true ?
5. I am a citizen of India, can I take the tax-treaty benefit ? If yes, is this in addition of the standard deduction ?
6. under these circumstances which form should I file ?
Thanks in advance.
1. Currently I am on H1B and wife on H4, lived in the US for over 3 years now and hence I think we meet the substantial presence test and can file as resident alien.
2. Can I deduct 401K contributions
3. Can I deduct Healthcare Spending Account contributions
4. I read on one of the post that aliens do not have to pay taxes on the interest earned from a bank account in the US. Is this true ?
5. I am a citizen of India, can I take the tax-treaty benefit ? If yes, is this in addition of the standard deduction ?
6. under these circumstances which form should I file ?
Thanks in advance.