Hi,
I came to US in 2000 and I will file 1040 with my husband(he is still F1) jointly this year because both of us are resident alien for 2007. My question is : I changed from F1 to H1 in October 2007. But we got 1099-INT for the whole year. How should I calculate my taxable income? It is said F1 holder don't need pay tax on theire interest. So can I just use 1/6 of our interest as taxable interest? Or we should use the whole amount on the 1099-INT ?


And can we use e-file?

Thanks,

Sunnybird

If you file jointly, you are BOTH choosing to be treated as resident aliens for ALL of 2007.

That makes the interest reported on the Form 1099-INT completely taxable. You should NOT pro-rate it.

You CANNOT efile, because your spouse must sign a statement that says he is the non-resident alien spouse of a resident and he CHOOSES to be treated as a resident alien for all of 2007. That statement must be signed and attached to the tax return, so the tax return must be mailed.