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-   -   CPT Tax Refund (https://www.askmehelpdesk.com/showthread.php?t=616449)

  • Dec 2, 2011, 02:54 PM
    prit.doshi
    CPT Tax Refund
    My Details as as follows:

    I have been on F1 visa since January 2008 and completed my Masters.

    I started working Since August 2010. I filed my return for 2010 in 2011 and got full amount refund as my income was not much.

    From Jan 2011 to July 2011 I was employed with One of the consultancies in VA and was working in MN (Client Location). During this period I was on OPT (F1 Visa)

    Federal TAX with holding: 4228.93

    State TAX with holding: 1959.39

    After that Aug 2011 to Dec 2011, I changed my consultancy located in NJ and working in AR (Client Location). During this period I was on CPT (F1 Visa).

    Federal TAX with holding: 3635.92

    State TAX with holding: 1105.02

    Now the questions I have are as following:

    (1) How much refund can I expect?

    (2) As being on F1, Can I get tax exemption on any thing?

    (3) How can I get maximum refund?
  • Dec 4, 2011, 10:29 AM
    AtlantaTaxExpert
    Per IRS Pub 519, you can claim your wife as a dependent, even though she is living in India.

    You owe the IRS about $1,300, because you will file Married Filing Separately and claim your wife's exemption. Your status as an Indian student allows you to claim the $5,800 standard deduction.

    To determine what you owe for the state, I need to know EXACTLY what earned in each state.

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