Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   F-1/opt/h1 (https://www.askmehelpdesk.com/showthread.php?t=22805)

  • Mar 14, 2006, 09:28 PM
    manishaggr
    F-1/opt/h1
    Dear AtlantaTaxExpert,

    Thanks for all the information that you have already provided on forums. My situation is as follows:

    Jan 1 to May 15 (F-1) (W-2 from university of Miami)
    May 16 to Nov 14 (OPT) (Started job in Michigan on October 3)
    Nov 15 - Dec 31 (H-1B) (47 days) (W-2 from the company)

    During my OPT, I worked in two jobs. My first job during OPT was in Florida and I received Form 1099 and my second job during OPT was in Michigan and I received W-2 from my employer.

    What's the best way for me to file taxes and get the treaty benefits? From what I've read so far, I can file Form 1040 with first year choice. I need to attach form 8833 and 8843 with a statement for first year choice. Am I correct? What other forms do I need to fill?

    Please help. Thanks in advance.
  • Mar 14, 2006, 10:05 PM
    AtlantaTaxExpert
    Manishaggr:

    You must be a co-worker of Richie!

    You should file Forms 1040NR and 8843, but probably not 8833. You will need to fill out Schedule C for the income on Form 1099-MISC.

    Do NOT file as a resident alien. Doing so will make you liable for self-employment tax (15.3%) for the Form 1099 income. That could be a significant sum of money.

  • All times are GMT -7. The time now is 02:45 PM.