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    tarunkp's Avatar
    tarunkp Posts: 5, Reputation: 1
    New Member
     
    #1

    Feb 7, 2011, 09:02 PM
    Reporting income on 1040NR from 1099-Misc
    I am from India and currently on F1 (OPT) and working for a company on contract. I have received 1099-Misc form from my employer and it holds just one entry- box 7 (nonemployee compensation). I am confused in filling the forms.
    1) Do I need to fill form 1040NR with schedule C and 8843?
    2) Do I need to fill form Schedule SE also?
    3) Should I report the box 7 entry on line 13 in 1040nr?
    4) Which line should I report standard deduction? (line 35?)
    5) Which line should I report standard deduction in schedule A?
    6) can I apply for personal exemption and standard deduction?
    7) in schedule C, should I report the income on line 7? Should I include expenses or leave them blank?

    Any help will be appreciated.
    Thank you,
    Tarun
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Feb 7, 2011, 10:44 PM

    Assuming you did not complete 5 years of F-1,
    1. Yes. (Schedule C or C-EZ)
    2. No
    3. Yes
    4. Line 38, Itemized deduction.
    5. Line 3. Write Standard deduction under US-India tax treaty.
    6. Report exemption on line 40. http://taxipay.blogspot.com/2008/03/...s-for-non.html

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