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    saroshss's Avatar
    saroshss Posts: 2, Reputation: 1
    New Member
     
    #1

    Mar 18, 2006, 08:17 PM
    F1 CPT / OPT Tax Question
    I have some doubts regarding taxes deducted when I am on CPT (Curriculum Practical Training.. )

    1) Is the tax deductions same for CPT and OPT ?
    2) How much is the tax deductions when I am on CPT or OPT ?
    3) And does the Tax deduction different in different States ?
    4) I am making 30$ per hour so my gross comes to 2192 for 2 weeks.. And I have been deducted 417$ and that comes to around 19% I think its too high especially when I am still on CPT could someone tell me whether this % figure is right or wrong ?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Mar 18, 2006, 11:16 PM
    1) Yes.

    2) Withholding is determined by how many exemptions you claim on the W-4. The lower the number of exemptions, the more that is withheld.

    3) Each state has its own tax rates.

    4) Is the $2,192 your first paycheck, or is it the 5th paycheck? It makes a difference.
    saroshss's Avatar
    saroshss Posts: 2, Reputation: 1
    New Member
     
    #3

    Mar 19, 2006, 10:04 AM
    Thank you for your prompt reply.. Yes this is my first Pay Check.. So is the 19% deduction valid ? My employer is in New Jersey and I am on a project in Wisconsin...
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Mar 19, 2006, 09:44 PM
    Yes, it's valid!

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