Ask Experts Questions for FREE Help !
Ask
    Farhat_Fatma's Avatar
    Farhat_Fatma Posts: 2, Reputation: 1
    New Member
     
    #1

    Feb 21, 2009, 07:42 PM
    Taxes with 1099 MISC and W2
    Hi,

    I am f1 student from india. I was working in my school in Philadelphia on w2 from January 2008 to February 2008 and my gross earning was $248.58( net pay: $248.58, state income tax 7.63, Local income tax 10.49).

    Then I am working on my cpt for an employer in NYC who is paying me through 1099 Misc. From May 19th to August 29.2008, I am on CPT status and My income was 9692.31$51000 for this 4 months and I need to deduct the incurring expenses.



    F1 : W2 (2 months) - Gross Income = $ 248.58 (philsdelphia)

    F1 - CPT : 1099 misc ( 4months ) - Gross income = $ 9692.31 (in NYC)


    My questions are,

    What are the tax forms that I should use when I filing?
    I have heard that I would be required to file 1040 Schedule C-EZ form to report my 1099MISC

    I know I would be required to file Pennsylvania state tax for (with the W2 I received from the University) and looks staright forward.

    Would I be required to file state income tax form for NYC? If so then which is that form?
    Also what amount I would be filing as my state tax return for NYC
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Feb 22, 2009, 07:03 AM

    You must file non-resident tax return Form 1040NR or 1040NR-EZ and Form 8843. Your income is not subject to FICA taxes but you must pay federal and state income taxes.

    On your F1/OPT income, since you are from India, as per tax treaty, you will claim standard deduction of $5,450 instead of itemized deduction. Read: Your U.S. Tax Return: U.S. Tax Filing Requirements for Non-Residents

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Taxes with 1099 MISC and W2 [ 1 Answers ]

Hi, I am f1 student from india. I was working in my school in Philadelphia on w2 from January 2008 to may 2February 2008 and my gross earning was $248.58( net pay: $248.58, state income tax 7.63, Local income tax 10.49). Then I am working on my cpt for an employer in NYC who is paying me...

Misc-1099 - how much to withhold for taxes? [ 1 Answers ]

I'm thinking of taking a PT job that will issue me a 1099 for the 2008 tax year. The 1099 will be for $25,000. I will be filing jointly with my husband and combined we will make about $65,000 of taxable income (which includes the $25,000 from the 1099). We have 3 small children and an adoption...

1099-MISC and taxes [ 3 Answers ]

My daughter (17 years old) worked for a small boutique in town last summer. She received a 1099-MISC (at the end of February) from her employer. She made approximately $2400. Does this amount go onto the 1040 "Other Income" line and how will she know if she has to pay taxes on this amount? ...

1099-Misc taxes and deductions [ 3 Answers ]

I am contacting you to find out if you can help me with 1099-MISC tax filing and deductions ? I just started working as an independent contractor. They will pay me every month without deducting any kind of taxes and I will be responsible to pay all kind of taxes.They said they will provide me...

City and state taxes with 1099-misc [ 1 Answers ]

I am a resident alien performing research at a University in New York, NY (H1-b visa, in USA since January 2002). I got a fellowship on July last year and as a fellow a got a 1099-misc. I also have a W2 for the first half of 2006. I have to fill in a 1040 form (not 1040ez, right? ) and schedule...


View more questions Search