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-   -   On a CPT What Tax form to file and what deduction can be taken? (https://www.askmehelpdesk.com/showthread.php?t=459191)

  • Mar 20, 2010, 10:35 PM
    vij_roo
    On a CPT What Tax form to file and what deduction can be taken?
    I am working on a CPT
    1. What Tax form to file anf what deduction can be taken?
    2. I am from India. ANy treaty benefits I can claim?
  • Mar 21, 2010, 08:36 PM
    Jaykid007

    Never heard of it
  • Mar 21, 2010, 11:30 PM
    MukatA

    On F1/OPT you are exempt from residency for 5-years. You must file non-resident tax return Form 1040NR or 1040NR-EZ and Form 8843. Your income is not subject to FICA taxes but you must pay federal and state income taxes. On your income you will get deduction based on tax treaty between the U.S. and your country. Since you are from India, as per tax treaty, you will claim standard deduction of $5,700 instead of itemized deduction. You can also claim exemption for your spouse if she did not have any income in 2009. You can also claim exemptions for dependents. (Your U.S. Tax Return: U.S. Tax Filing Requirements for Non-Residents
  • Mar 27, 2010, 03:35 PM
    vij_roo

    Thanks... I paid around $7000 for my education. Can I deduct that in Schedule A. If so what line?
  • Mar 28, 2010, 01:19 AM
    MukatA

    No, nonresidents do not get tuition and fee deduction or education credit.

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