intastudent
Mar 26, 2007, 05:16 PM
I've heard a rumor that after 5 years of being an international student filling out 1040NRs, you are supposed to start filling out a 1040 instead of a 1040NR.
I've been in the States since 2001 (F-1 undergrad, then 1 year of F-1 OPT, and now with a new F-1 for grad school), 6 years so far and all at the same university in NYC.
Four questions:
* Am I supposed to be filling out the 1040, or is the 1040NR still fine? (For NY-State, what is the resident equivalent of the IT-203?)
* As an Indian citizen and student, can I still claim the $5000 US-India Treaty deduction if I were to fill out the 1040?
* Do I now no longer have to fill out Form 8843 also (again if filing the 1040)?
* I just found out that for the 2005-2006 year of OPT, I was taxed Social Security and Medicare taxes wrongfully. Is it too late to claim these back? I understand there is a possibility that I might not be able to claim the 2006 part (because of the 5 year rule), but what about the 2005 part?
Thanks in advance ATE or TaxResearcher, I've looked over many of the answers you've given people over the years, but couldn't find this one exactly.
-Indian International Student, NYC
I've been in the States since 2001 (F-1 undergrad, then 1 year of F-1 OPT, and now with a new F-1 for grad school), 6 years so far and all at the same university in NYC.
Four questions:
* Am I supposed to be filling out the 1040, or is the 1040NR still fine? (For NY-State, what is the resident equivalent of the IT-203?)
* As an Indian citizen and student, can I still claim the $5000 US-India Treaty deduction if I were to fill out the 1040?
* Do I now no longer have to fill out Form 8843 also (again if filing the 1040)?
* I just found out that for the 2005-2006 year of OPT, I was taxed Social Security and Medicare taxes wrongfully. Is it too late to claim these back? I understand there is a possibility that I might not be able to claim the 2006 part (because of the 5 year rule), but what about the 2005 part?
Thanks in advance ATE or TaxResearcher, I've looked over many of the answers you've given people over the years, but couldn't find this one exactly.
-Indian International Student, NYC