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    mbshah's Avatar
    mbshah Posts: 2, Reputation: 1
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    #1

    Mar 20, 2009, 03:40 PM
    Tax Forms for OPT to H1-B Status
    Hi,

    I was on OPT from 22 sept 2007 to 30 sept 2008 and then on H1 since 1 Oct 2008. I am working in the same company since then. I would like to ask

    1) Which Tax Forms do I need to fill in order to file 2008 Tax Return. (Since my Status Changes from OPT to H1-B). Also I have NOT left US in 2008.

    2) Do I need to FIle Form 1088 or 1080 for my OPT Status.

    3) Also I Did not file my Tax returns in 2007. I want to file my tax returns for 2007 also.
    In 2007 I was a Student and then on OPT in 2007. Will I be Eligible for the $ 600.00 Tax Stimulus Rebate for 2007 as I there is an article that for the people wh did not get Tax Stimulus Rebate in 2007 can Claim it in 2008.

    4) Is there two different Standard Deductions for different Forms which I need to File.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    May 13, 2009, 11:05 AM
    If you are married, you can file jointly with your wife and you BOTH choose to be treated as resident aliens.

    If you are single, you file Forms 1040NR-EZ and 8843 one last time.

    You also file Forms 1040NR-EZ and 8843 for 2007 as well.

    You are NOT eligible for either the 2007 Economic Stumulus Rebate (because you were a non-resident alien) or for the 208 Recovery Rebate Credit (because you were a non-resident alien or, if filing jointly, your wife has an ITIN.

    If you are from India, the standard deduction was $5,350 for 2007 and $5,450 for 2008 if you filed Form 1040NR-EZ. If you are not Indian, you were NOT eligible to claim the standard deduction in either year.

    If you filed jointly for 2008, the standard deduction was $10,900.
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