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    Rahulll2010's Avatar
    Rahulll2010 Posts: 15, Reputation: 1
    New Member
     
    #1

    Jun 1, 2010, 01:30 PM
    Reg OPT Payroll
    Hi,

    I am on Post Completed OPT and I got a job as an independent contractor. My employment started from April 2010 and up to now my employer pays me by giving

    Bi-Weekly pay check with out running my Payroll. Is it affects my OPT status. Is it is OK to get paid by pay checks with out running the payroll and I did not

    Even assigned an employment Identification Number. May I know how to file the taxes in this case. Can you please help me out in this issue.

    Thanks and Regards,
    Rahul
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Jun 1, 2010, 01:57 PM
    Non-resident aliens on OPT are permitted to work as independent contractors, because the tax imposed on your contract income is the same as would be imposed under Form W-2. This is because you are EXEMPT from paying FICA (Social Security and Medicare) taxes.

    However, since you are working on OPT, you SHOULD have been issued a SSN by the Social Security Administration. Talk to your employer about this.

    You need to put aside about one-quarter of each paycheck so you have sufficient funds to pay the federal and state income taxes when they are due in April 2011.
    Rahulll2010's Avatar
    Rahulll2010 Posts: 15, Reputation: 1
    New Member
     
    #3

    Jun 2, 2010, 10:10 AM

    Ok Thank you
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Jun 3, 2010, 07:22 AM
    Glad to help!

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