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-   -   Sign-on bonus tax return for non-resident (https://www.askmehelpdesk.com/showthread.php?t=73171)

  • Mar 17, 2007, 08:35 PM
    diehard75
    Sign-on bonus tax return for non-resident
    Hi

    I would like to ask a question about how to file tax return for my sign-on bonus.

    I was a F1 student during year 2006. At the end of year 2006, I found a job and the company gave me a one-time sign-on bonus. I received the whole amount by the end of year 2006 and the company didn't deduct any amount of tax for me. After I joined the company in 2007, I received a 1099 MISC form for my tax return.

    I will file my tax as non-resident for year 2006. My question is how I can file tax for my sign-on bonus? Do I need to fill up the Schedule C/C-EZ form? I have red the Schedule C/C-EZ form, and it seems for the small business owner. Can I just fill up line 21 (other income) in 1040nr for my sign-on bonus without filling up Schedule C/C-EZ? And could I even file my tax using 1040nre by putting the sign-on bonus as my total wage?

    Thanks for any help!
  • Mar 19, 2007, 08:13 PM
    diehard75
    Please kindly help me to answer my question. Thanks!
  • Mar 22, 2007, 09:07 AM
    AtlantaTaxExpert
    Diehard:

    Please read the sticky post! It IS tax season!

    Filr Form 1040NR with a Schedule C or C-EZ. It has the same effect as putting the income on Line 21, because you have NO self-employment tax requirements for 2006.

    You may want to get professional tax help!

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