Hi,
I was on an F1 visa until Sept 30th 2005. From October 1st 2005, my status changed to H1B.
Now, for my 2005 tax return, if I file 1040NR - can I claim both the $3200 deduction and the $5000
Tax treaty deduction? Will the $5000 tax treaty deduction still be valid even though I was not on F1 visa for the whole year?
If for 2005, I wish to file as a resident (1040) using the first year choice, would I have to file for an extension to file or can I just file it right now? Are there any other things to keep in mind if I file as a resident?
If I request for an extension and use the "First year choice" - do I have any benefit of doing this other than claining the education tuition deduction?
Which one would you suggest - non-resident or resident?
Thanks a lot!
SK