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-   -   OPT-H1 Dual Status Taxes and Student loan interest (https://www.askmehelpdesk.com/showthread.php?t=341376)

  • Apr 14, 2009, 08:37 AM
    Absnaqvi
    OPT-H1 Dual Status Taxes and Student loan interest
    Hey guys,
    Just a quick question regarding my taxes. I have pretty much everything set but something is confusing me and I thought I should double check before I mail in my forms.

    I am a Pakistani nation and during the 2008 year, I was on F1 visa and working through my OPT with a firm in Iowa starting Feb 2008. Come Sept, I got my H1 and started working on that.

    I received two W2s, one for the time I was on my OPT and one for the duration of the 2008 on which I was on my H1 visa. I filled out my 1040NR and 1040 for the W2s respectively. I needed clarification on the following things:

    1. I can still claim standardized deduction on my 1040?
    2. Do I enter Student Loan interest on both 1040 and 1040NR or do I do it only on 1 of the forms?
    3. Also, Pakistan and USA have a Tax Treaty which provides $5,000 deduction. Can I claim this on my 1040NR?

    Any help would be appreciated! Thanks!

    Abbas
  • Apr 15, 2009, 12:05 AM
    MukatA

    If you are single, then you will file nonresident tax return and form 8843. You will not get standard deduction. You will get treaty deduction.
    Read about F1/H1-B tax filing: Your U.S. Tax Return: The U.S. Visas

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