orlandian
May 18, 2009, 07:00 PM
Hi
I am a F1 student from Sri Lanka. I am graduating this December and currently under CPT. Since I am on a STEM degree, I can get OPT for another 29 months after December or apply for H1B.
I am a non resident alien and I want to know about the taxes I have to pay. I know that I don't have to pay FICA(SS and medicare) taxes, but have to pay federal and state. What is the percentage of federal tax for f1 students? Is it fixed 10%?
I can apply for H1B after December. But is there an advantage in staying in F1(OPT) status rather than changing to H1B (in terms of paying taxes).
Thank you in advance.
Pradeep
I am a F1 student from Sri Lanka. I am graduating this December and currently under CPT. Since I am on a STEM degree, I can get OPT for another 29 months after December or apply for H1B.
I am a non resident alien and I want to know about the taxes I have to pay. I know that I don't have to pay FICA(SS and medicare) taxes, but have to pay federal and state. What is the percentage of federal tax for f1 students? Is it fixed 10%?
I can apply for H1B after December. But is there an advantage in staying in F1(OPT) status rather than changing to H1B (in terms of paying taxes).
Thank you in advance.
Pradeep