elypsiae
Dec 11, 2009, 08:41 PM
HI!
I am from india. I came to US in aug'08, was on F-1 for a year and then now I am on my OPT visa since oct'09 which is good until oct 2010. I started work from dec'09.
I biggest concern at present is the exact percent of tax that will be cut from my each pay check.
These are my questions:
-What are the types of taxes that I am liable to pay from my biweekly income?are there any for which I can choose to not pay. Kindly also let me know how can I do that.
- If I earn $2500 in 15 days, (I calculated this based on an salary of 60 k per year). So how much will be amount of tax that I will pay on each pay check and what will be the amount on my pay check after deducting all the taxes?
-I am on my OPT now and I can get my H-1 soon. But I am thinking I will postpone my H-1B filing for the next year quota because I got to know from some one that if I work on OPT visa I will pay much less taxes than on H-1B. This is my major concern. Kindly let me know.
I know my question asks a lot of information but I am really unaware of all the taxes and laws for non residents. Please give me a detailed information and also other sources where I can find relevant information.
I am from india. I came to US in aug'08, was on F-1 for a year and then now I am on my OPT visa since oct'09 which is good until oct 2010. I started work from dec'09.
I biggest concern at present is the exact percent of tax that will be cut from my each pay check.
These are my questions:
-What are the types of taxes that I am liable to pay from my biweekly income?are there any for which I can choose to not pay. Kindly also let me know how can I do that.
- If I earn $2500 in 15 days, (I calculated this based on an salary of 60 k per year). So how much will be amount of tax that I will pay on each pay check and what will be the amount on my pay check after deducting all the taxes?
-I am on my OPT now and I can get my H-1 soon. But I am thinking I will postpone my H-1B filing for the next year quota because I got to know from some one that if I work on OPT visa I will pay much less taxes than on H-1B. This is my major concern. Kindly let me know.
I know my question asks a lot of information but I am really unaware of all the taxes and laws for non residents. Please give me a detailed information and also other sources where I can find relevant information.