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  1. Answers
    5
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    1,342

    Thanks a lot for your help!

    Thanks a lot for your help!
  2. Answers
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    1,342

    Thanks for your response. >> what happened to...

    Thanks for your response.
    >> what happened to the $5K? Did Vanguard refund it to you, or did you move it to a traditional IRA as a 2011 contribution instead?

    I've asked them to remove it from...
  3. Answers
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    1,342

    Roth IRA excess contribution

    Hi,
    On Saturday Mar 17th 2012, I initiated a transfer to contribute $5000 to my Roth IRA for 2011. I hadn't done my taxes, and the next day, I realized I was ineligble for a Roth contribution...
  4. Thanks ATL and MukatA. But MukatA was saying...

    Thanks ATL and MukatA.

    But MukatA was saying that we "Do need to file form 8843 with joint return" which is NOT what I was asssuming, and what you said that we do not need to file 8843. Can you...
  5. Who Must File: If you are an alien individual,...

    Who Must File:
    If you are an alien individual, you must file Form 8843 to explain the basis of your claim that you can exclude days of presence in the United States for purposes of the substantial...
  6. 3. Do need to file Form 8843 with joint return....

    3. Do need to file Form 8843 with joint return.

    Hmm, we didn't file the form for her in 2009, as I was under the impression if we're filing jointly there is no need for the form 8843. I thought...
  7. H1(B), Wife H4->F1 in 2009, (previous election as resident), tax status for 2010?

    Hi,
    I am on H1B (since Oct 2006), wife was on H4 (since Dec 2006. We got married in Dec 2006 and she came to the US in Dec 2006). For the tax year 2006, we filed jointly with she electing to be...
  8. Answers
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    I'm hoping ATE or MukatA can help me out here....

    I'm hoping ATE or MukatA can help me out here. For 2009 tax year my wife clearly qualifies as a resident per SPT.

    2009 : 41 days (Jan 1 -Feb10)
    2008 : 365/3 = 122
    2007 : 365/6 = 60

    Net total...
  9. 1099 B return of principal and collectible item

    I had invested in an ETF (GLD) that is backed by physical gold. I sold it after a year and as such it should qualify as long term. I have a couple of questions

    a) Is this to be treated as a...
  10. Answers
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    1,478

    My wife did inform her school that she will be...

    My wife did inform her school that she will be filing as resident, but was told she would still be exempt from FICA. Hence her school did not deduct SS/Medicare taxes.
    ATL, I believe you are...
  11. Needed one more clarifiaction. The W2 I received...

    Needed one more clarifiaction. The W2 I received from the insurance company has an entry in box 14 as 100%. How is that to be treated? I'm filing using Turbo-Tax, do I report it as SDI or something...
  12. Answers
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    Hmm I'm confused. Why does filing as a resident...

    Hmm I'm confused. Why does filing as a resident for 08 mean she is resident for 09 too? Wouldn't it then mean that since she filed as a resident in 07, she would be treated as a resident in 08 too...
  13. Answers
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    1,478

    For 2008, we will be filing jointly as residents...

    For 2008, we will be filing jointly as residents and hence will be able to get the stimulus rebate. She moved to F1 in Feb 2009, so I was asking about the 2009 returns and wasn't sure if she should...
  14. Answers
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    1,478

    Thanks MukatA! We're from India, so I the tax...

    Thanks MukatA! We're from India, so I the tax treaty you'r referring to is the $5000 exemption or somehting that students can claim? Hard to figure out right now which would end up being better,...
  15. Answers
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    1,478

    H1B & Wife switching to F1, FICA taxes

    Hi,
    I am on H1B, wife was on H4 (since Dec 2006). In 2007 we filed jointly with she electing to be treated as a resident. For 2007 and 2008 too we filed jointly. She recently (Feb 10, 2009)...
  16. Answers
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    862

    Thanks for the reply. So to confirm, she went on...

    Thanks for the reply. So to confirm, she went on F1, Feb 10 2009 and even if she is on F1 for the whole of 2009 she can still elect to be considered as a resident right? My concern was she would not...
  17. Answers
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    862

    Recovery Rebate Credit

    My wife was on H4 last yr and I was on H1B. 2007 we filed jointly with her ITIN. We didn't receive the stimulus rebate last year. This yr she has filed for her F1 and just got it recently. She also...
  18. Thanks ATL.

    Thanks ATL.
  19. Thanks MukatA! So you're saying I simply pay...

    Thanks MukatA! So you're saying I simply pay federal income tax on it? Not sure why the cut medicare from it then? Just one clarification, the insurance company had asked me if I wanted federal/state...
  20. Social Secuirty tax on Short term disability(STD) pay

    I was on short term disability for 1 week in 2008, for which I received STD pay from a private insurance. The premiums for this are paid by my employer and are available as a benefit to us with no...
  21. Answers
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    874

    Hey ATL, Thanks for the response. Trying to...

    Hey ATL,
    Thanks for the response. Trying to get in touch with the IRS on their helpline is so time-consuming.
  22. Answers
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    874

    Hope/LifeTime Earning Credit

    I am on H1, wife on H4. We got married late 2006, and for the yr 2006 we filed jointly with she electing to be a resident. Since Fall 2007, my wife is pursuing her masters and I paid two semesters...
  23. Answers
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    1,174

    Thanks ATE a) That's awesome. b) Yes it...

    Thanks ATE
    a) That's awesome.
    b) Yes it will be taxed. But if I file an extension just for myself, should I be including just one standard deduction under 21(2) & 1 personal exemption to...
  24. Answers
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    1,174

    Okay did some more digging through and in pub519...

    Okay did some more digging through and in pub519 (pg 9, I do not see a 2006 version of this pub only a 2005 version which I assume is the latest) I see this coming up under the 1st yr choice. I mee...
  25. Answers
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    Hi ATE, Sorry to bother you again. But the...

    Hi ATE,
    Sorry to bother you again. But the question of waiting to meet SPT is still bothering me. From whatever I've read so far on it in the IRS pub related 1040NR or 1040, everywhere I see it...
  26. Answers
    14
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    1,174

    Thanks a lot for your help!

    Thanks a lot for your help!
  27. Answers
    14
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    1,174

    Thanks for the clarification ATL. Once last...

    Thanks for the clarification ATL.
    Once last question, if I file as a resident, would I have to pay social security & medicare taxes for the whole yr? As things stand, these were deducted from my...
  28. Answers
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    1,174

    Thanks for the prompt reply. a) I forgot to...

    Thanks for the prompt reply.
    a) I forgot to mention that my wife just move to the US from India on Dec 31st on an H4. Does that change anything in terms of her being able to qualify for filing...
  29. Answers
    14
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    1,174

    F1 -> H1B & got married in Dec

    Hi,
    I was on F1 opt from Jan -Sep 30th 06. I switched over to an H1B starting Oct 1st. I got married in Dec 06. Based on the SPT I am a non-resident for tax puposes. I want to count my wife as...
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