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-   -   Taxes for F1 student & his spouse (https://www.askmehelpdesk.com/showthread.php?t=177226)

  • Jan 27, 2008, 10:24 AM
    RCMI99
    Taxes for F1 student & his spouse
    Hi,
    Both me and my wife are Indian students in F1 visa. I just enquired to know whetheer if we are filing separately we can claim personal exemption apart from standard deduction. Again can we show some loss due to vandalism & expenses incurred for paying tuition fees can also be shown in some deductions?
    RCMI
    :confused:
  • Jan 28, 2008, 01:29 AM
    MukatA
    You should both file separate tax returns as nonresidents. Both of you will get standard deduction and exemption deductions that $8,750 each.

    Vandalism expenses is covered under casualty and theft loss. For this loss you must first use $100 and 10% of AGI rules. Then you can deduct the remaining loss only if you itemize your deductions.

    You can deduct tuition fees paid up to $4,000 as adjustment to the income.
  • Jan 28, 2008, 01:06 PM
    AtlantaTaxExpert
    MukatA:

    Sorry, but tuition credits/deductions are NOT available to those who file as non-resident aliens.

    They CAN deduct student loan interest, though!

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