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

    Jan 3, 2011, 03:21 PM
    OPT Tax Filing for 2011
    Hi,

    I have graduated in dec 2009 and I am on Post Completion OPT and employed as an independent contractor on 1099 basis for five months i.e from (May 2010 - Sep 2010), and then changed to W2 from oct 2010 onwards. I did not file for taxes on 1099 also. So can you tell me how to file for taxes, as I am self employed as an independent contractor(1099 basis) for 5 months then as W2 employee.

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

    Jan 4, 2011, 12:18 PM
    You will file a non-resident alien tax return (Form 1040NR with Schedule C) to report the Form 1099 income. The W-2 income will be reported on Line #7 of the Form 1040NR, and the Form 199 income will be reported on the Schedule C, on which you will also deduct valid work expenses incurred while working as an independent contractor.

    No self-employment tax (Schedule SE) is required due to your non-resident alien status.

    You also need to file Form 8843.

    If you need professional help filing, email me at [email protected].
    Rahulll2010's Avatar
    Rahulll2010 Posts: 15, Reputation: 1
    New Member
    		  
    #3

    Jan 4, 2011, 12:34 PM
    Comment on AtlantaTaxExpert's post
    Ok Thanks for your reply
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