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

    Oct 29, 2011, 01:32 PM
    CPT - Taxes Questions
    Hi there,

    I am on CPT right now and just started to work in California. I am single with no dependents. Here is my Pay Check statement per MONTH:


    • Monthly Gross Pay = $7,680.00
    • Federal Withholding = $1,569.48
    • Social Security = $0.00
    • Medicare = $0.00
    • California = $544.44
    • SDI = $92.16


    Hope you don't mind in answering such questions.

    My questions are:
    1. Do you think the payroll taxes are correctly deducted? (I feel it's so high - human nature :) )
    2. How much will I receive during the tax returns?
    3. Are they are any taxes that I should be exempt from? (Other than SSN and Medicare)?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Oct 30, 2011, 06:19 AM
    If you have not completed 5 years on F1 and CPT, you are nonresident and will file nonresident tax return. You will pay federal as well state income taxes.
    In 2011, you will earn around $11,000. You will not get standard deduction. You will get one exemption deduction. Assuming your total deductions to be around $4000, your federal income tax will be around $700. You will get a big fat refund. You will also get refund from CA. Your U.S. Tax Return: U.S. Tax Filing Requirements for Non-Residents
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Nov 1, 2011, 08:44 AM
    You MAY be entitled to a treaty exemption; to know for sure, we need to know your HOME country.

    Also, exactly WHAT DATE did you start working? And are you paid on the last working day of the month or the first working day of the following month (this is important to determine if your December pay is taxed in 2011 or 2012)?
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 Questions about F1 students doing CPT With Contractor [ 1 Answers ]

I read some past posts in this forum, but still have some questions. I started my work with CPT permission last November. However, I got very low income (less then 800) during this period. In this year, I got about 900$ every month in the first quarter. Now here is the questions. 1. According...

F1 CPT tax return questions. [ 6 Answers ]

Hi, tax expertises, my question seems simple, but it troubled me a lot, thank you for your help. I'm a F1, my wife is F2, and my kid's F2. I have my SSN, they have no. I interned and got paid last summer(2008). now I'm trying to do the tax return.

CPT taxes [ 1 Answers ]

I am an international student working on a F1 visa as CPT in New york Long island Area. In my payroll taxes I am been charged are federal (15%), FICA (10%), State (4%) and City (5%). Am I been fairly charged or there is some mistake.which are the forms I should to get all my taxes back. Please...

F1-CPT taxes [ 1 Answers ]

Hello I am a citizen of India, doing my masters in CA, USA on F1 visa. I have received W2s totalling my wages for 2007 to about $27800. The Federal and State taxes have been deducted at source totalling up to $3500 approx. Which forms do I file for 2007 taxes? Which deductions can I claim?...

CPT Taxes [ 1 Answers ]

I filled my taxes with a taxes associates. He filed 1040A form , though I am on F1 status. I just realised I need to fiile 1040EZ-NR/1040NR. I filed 2 weeks back. Yt to receive info from IRS. Is this going to ceate a problem. IS IRS going to know that Iam a Non-resident alien? Please give me...

View more questions Search