ppremchandran
Apr 5, 2006, 10:04 AM
Hello,
My visa status changed from F1 to H1B on the 22nd August 2005. For the purpose of taxes, I have a few questions/ clarifications -
1. I believe that I would be considered as a non resident (since I am under 183 days for resident status) and hence would have to file both 1040NREZ and 8843.
2. For the calculation of deduction, do I split the taxes and apply $5000 (deduction based on US-India treaty) as standard deduction for the part of income earned as F1 and do itemized deduction for the part I earned under H1B and add the two results to determine the tax slab? Or do I consider the entire taxes from both W2 as one and apply the standard deduction based on US-India treaty or do the itemized deduction?
Please help me out with these questions. Thank you very much in advance.
-Priya
My visa status changed from F1 to H1B on the 22nd August 2005. For the purpose of taxes, I have a few questions/ clarifications -
1. I believe that I would be considered as a non resident (since I am under 183 days for resident status) and hence would have to file both 1040NREZ and 8843.
2. For the calculation of deduction, do I split the taxes and apply $5000 (deduction based on US-India treaty) as standard deduction for the part of income earned as F1 and do itemized deduction for the part I earned under H1B and add the two results to determine the tax slab? Or do I consider the entire taxes from both W2 as one and apply the standard deduction based on US-India treaty or do the itemized deduction?
Please help me out with these questions. Thank you very much in advance.
-Priya