1cipher1
Mar 15, 2009, 01:02 AM
Hi all,
I am on F1 student Visa, and have been working on my OPT after my masters degree. I read that the tax treaty between US and India claims that I can file for exemptions just like a US citizen on the income earned from a local agency in US.
But I have read that while filing 1040NR-EZ (applicable to me) I can only claim Standard deduction of 5450 and exemption of 3500 for year 2008.
Is it true that I cannot use the above clause in treaty to claim:
1. Recovery Rebate Credit. ($600)
2. Tuition Fee that I paid from my Income ($2122) (this was paid after my tax was deducted!)
I understand that without the treaty, I cannot claim these two, but I am not sure that I can claim these even with the treaty.
Any advise would be well appreciated.
Regards
~cipher
I am on F1 student Visa, and have been working on my OPT after my masters degree. I read that the tax treaty between US and India claims that I can file for exemptions just like a US citizen on the income earned from a local agency in US.
But I have read that while filing 1040NR-EZ (applicable to me) I can only claim Standard deduction of 5450 and exemption of 3500 for year 2008.
Is it true that I cannot use the above clause in treaty to claim:
1. Recovery Rebate Credit. ($600)
2. Tuition Fee that I paid from my Income ($2122) (this was paid after my tax was deducted!)
I understand that without the treaty, I cannot claim these two, but I am not sure that I can claim these even with the treaty.
Any advise would be well appreciated.
Regards
~cipher