Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Received Bonus before CPT start date (https://www.askmehelpdesk.com/showthread.php?t=104286)

  • Jun 25, 2007, 04:07 PM
    askarzaidi
    Received Bonus before CPT start date
    Hi,

    I am on F-1 visa and I received a sign on bonus before my CPT I-20 was processed. The reason is that my employer already had my bank account information and paid me the bonus as per the offer letter start date (and not the CPT start date). There's a gap of 9 days b/w my offer letter start date and CPT start date.

    I asked my school and they say that they cannot change this date. Will I get into trouble due to this ? The bonus was tax deducted.

    Thanks,
    AZ
  • Jun 27, 2007, 11:15 AM
    AtlantaTaxExpert
    AZ:

    As long as the bonus was paid in the same calendar year that you started the CPT AND the bonus is reflected on the 2007 W-2, there should be no problems.

  • All times are GMT -7. The time now is 03:54 PM.