Bridge1991
Mar 20, 2016, 09:24 PM
Hi, I need to file US tax returns for year 2015. I was on F1 since 2011 August.
For year 2015 I was on:
F1 (OPT) - Jan 1 to Sep 30
H1B - Oct 1 to Dec 31
As of Dec 31 I was single, nobody can claim me as dependent.
Here are the questions I have:
1. What forms should I be filling.
2. Which deduction should I use? (Standard 6300 or itemized?)
3. How much should the deduction be?
One person tells me that since I was on F1 only from Jan to Sep my deduction should be 6300 x (9/12) = 4725
4. I have tried using two software (1 - University provided, 2 - Glacier tax) and both provide same values: if I include H1B dates in the Visa history for 2015, it says I owe the IRS $800 bucks. If I don't include H1B (i.e. put only F1 from Jan to Sep 205) it says IRS owes me. This is really confusing. I usually get refund (even during CPT/OPT days since 2013) from IRS.
5. I can forego putting H1B dates in 2015 in these software but in the generated 1040NREZ form there is a field in Schedule OI - E and F. They are
E: If you had a visa on the last day of the tax year, enter your visa type. If you did not have a visa, enter your U.S. immigration
status on the last day of the tax year.
F: Have you ever changed your visa type (nonimmigrant status) or U.S. immigration status?
Please help. I know this is asked at many places but I am not getting a conclusive answer.
For year 2015 I was on:
F1 (OPT) - Jan 1 to Sep 30
H1B - Oct 1 to Dec 31
As of Dec 31 I was single, nobody can claim me as dependent.
Here are the questions I have:
1. What forms should I be filling.
2. Which deduction should I use? (Standard 6300 or itemized?)
3. How much should the deduction be?
One person tells me that since I was on F1 only from Jan to Sep my deduction should be 6300 x (9/12) = 4725
4. I have tried using two software (1 - University provided, 2 - Glacier tax) and both provide same values: if I include H1B dates in the Visa history for 2015, it says I owe the IRS $800 bucks. If I don't include H1B (i.e. put only F1 from Jan to Sep 205) it says IRS owes me. This is really confusing. I usually get refund (even during CPT/OPT days since 2013) from IRS.
5. I can forego putting H1B dates in 2015 in these software but in the generated 1040NREZ form there is a field in Schedule OI - E and F. They are
E: If you had a visa on the last day of the tax year, enter your visa type. If you did not have a visa, enter your U.S. immigration
status on the last day of the tax year.
F: Have you ever changed your visa type (nonimmigrant status) or U.S. immigration status?
Please help. I know this is asked at many places but I am not getting a conclusive answer.