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

    Dec 5, 2009, 12:14 PM
    Query over Tax when on L2 Visa Contractor
    I am on L2 Visa with a Work Permit. I worked for a company for about 2 months as a contractor and they paid me around $4k. They did not cut any tax amd I am required to do it. How should I go about paying may tax over this earning? Am I required to fill 1099 form? What all documents do I need for it ? By when should I pay off the tax over this income? Can you please advice.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Dec 6, 2009, 12:57 AM

    Your days in the U.S. count towards residency. You will report your income and business related expenses on schedule C or C-EZ (Form 1040). Then you put net income (or loss) on line 12 of Form 1040. This income is subject to SE tax at 15.3% (this is shown on line 57 of Form 1040). Your U.S. Tax Return: Tax Filing by Self Employed Sole Proprietor or Independent Contractor
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #3

    Dec 7, 2009, 09:07 AM
    VishyPat:

    Please provide a complete timeline for how long you were in the U.S. in 2008 and 2009.

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!

Tax deduction for therapies to special needs kids of h1 visa [ 7 Answers ]

Hi, My husband is in NJ with h1 visa. We have an autisitic kid for whom we are spending for therapies out of our packets. Can this amount be deducted in the tax?

UK expat on US visa but not paying US tax, is this legal? [ 17 Answers ]

I'm from the UK and I've just received my 3 year US working visa type L1 for specialised knowledge. My company is based in China and my job role requires me to split my time between New York, China and the UK. As my contract is Chinese my company are suggesting that I be paid into a Hong Kong...

1099 contractor on F1 OPT Visa [ 5 Answers ]

Hi there, I completed my MS on July 17, 2009 and got my EAD authorization for OPT on 23rd July, 2009. I have started working for a company from 23rd July, 2009. My employer wants to hire me on a 1099 contractor basis. I have a few questions related to the same: 1- Can I work as a 1099...


View more questions Search