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-   -   International Student self employment tax (https://www.askmehelpdesk.com/showthread.php?t=743868)

  • Apr 11, 2013, 07:05 PM
    luckyyellowhog
    International Student self employment tax
    Hello,

    I am currently working out my taxes and would appreciate any advice!
    I am an international student on OPT and have just filed my taxes for last year as I had a small paying internship, so submitted my W2.

    As of January this year I am freelancing/ self employed until I go back to college in September. Is it correct I should submit a 1040-ES NR from and an 8843 form with it?

    I am also confused as to how I am meant to estimate my earning for this year which I believe I will have to do? Shall I just be conservative and times what I have made so far this year by 3 (seeing as I am only working from Jan-Sept)? Will I only mention how much I expect to make not how much I have made so far?

    Many thanks in advance for any help!
  • Apr 12, 2013, 12:27 AM
    MukatA
    For five years on F-1 (including OPT) you are nonresident. During that period you do not pay self employment tax. You will complete schedule C or C-EZ (Form 1040) but you do not need to fill schedule SE. Your U.S. Tax Return: Tax Filing by Self Employed Sole Proprietor or Independent Contractor
  • Apr 12, 2013, 05:47 AM
    luckyyellowhog
    Many thanks MukatA!
    Do you know if I also fill out the 1040NR or ONLY the Schedule C?
  • Apr 13, 2013, 11:39 AM
    AtlantaTaxExpert
    You file the Schedule C WITH Form 1040NR.
  • Apr 13, 2013, 11:47 AM
    luckyyellowhog
    Thanks AtlantaTaxExpert! May I ask you another questions? I recently did a small paid internship last summer and received my w-2, which I filed this year with TurboTax. Do I have to file it again with the 1040NR and Schedule C? Do I include the earnings from that as well as myself employment earnings on the 1040NR? Many thanks,
  • Apr 13, 2013, 12:30 PM
    AtlantaTaxExpert
    You filed incorrectly.

    You need to AMEND the 2012 return, using Form 1040X and attaching the Form 1040NR and the Schedule C. You include the internship W-2 on the amendment.

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