Hi expert,
I have a few questions listed below regarding the tax during the period of my on campus work and OPT:
My background:
Citizen of P.R.China and in master program since Sep. 2004 on H4 status. My husband is on H-1b status.
I Changed the status from H4 to F1 on June, 2005 and took on campus work since then.
I Graduated in Aug, 2006 and full time work on OPT since Sep. till now.
My questions are:
1>. Can I apply the $5,000 tax deduction for my earnings on campus as per the tax treaty between China and US for the tax year 2005 and 2006(before I graduate in August,2006).
2>. Since my status was changed from H4 to F1 in the USA, I did not leave U.S, can I still get the tax benefits for OPT? I heard that only students who entered U.S border with valid F-1 Visa can get the tax benefits during the OPT period, is that correct?
Thanks and awaiting for your reply!