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-   -   A few questions regarding OPT tax (https://www.askmehelpdesk.com/showthread.php?t=188050)

  • Feb 25, 2008, 08:54 AM
    lucymarch
    A few questions regarding OPT tax
    1. Since I'm on OPT, I should not have to pay FICA, medicare and NYC resident taxes. So are these taxes refunded when I file the tax return in the next year, or simply not deducted from my paycheck at all?

    2. If I am receiving a signing bonus of a large amount, are taxes withheld as if I'm earning that much on every single paycheck? If not, how do they decide how much to withhold?

    Thanks for answering!
  • Mar 13, 2008, 02:46 PM
    AtlantaTaxExpert
    1) The FICA taxes should not be withheld at all. If they are and the employer refuses to refund them, you need to file Form 843 to request a refund.

    As for the NYC tax, you need to file as a non-resident of NYC to get those taxes back.

    2) Withholding on a bonus is usually 30%.

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