Ask Experts Questions for FREE Help !
Ask
    hhhzzz123's Avatar
    hhhzzz123 Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 20, 2007, 01:37 PM
    About F-1 [interest, dividends Tax Exemption?]
    I'm F-1 student (from China), have Cerfitcated Deposit accounts in Bank, so that I will receive interest each peroid. I also trade stocks online, I received dividends and gained from investing.

    I want to know these interests from CD and profits from trading stock are tax exempt or not?
    Can somebody help me or link to some treedy?
    How to claim if these benefits are tax exempt?

    Thank you so much:)
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Feb 20, 2007, 11:31 PM
    The interest is not taxable, but the stock transactions ARE taxed at capital gains rates.

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 exemption J1 [ 6 Answers ]

Hello, I am an italian citizen and I was here as a PHD researcher on a J1 visa from jan 2004 to nov 2006 (I am on an H1B now). I know that I was entitled to a 2 years exemption form taxes. When in January 2006 I noticed that the institution I used to work for didn't detract taxes from my paycheck...

Tax Exemption for E-3 Visa [ 3 Answers ]

Hi, I am an Australian working and living in Manhattan on an E-3 visa. I believe I'm entitled to some tax exemptions however I am not sure what I am exempt from. Does anyone know? Any help would be greatly appreciated! Thanks!

Tax exemption for H4 [ 1 Answers ]

Hello, I have been on H-1B visa for 6 years and got married in 2005. My wife came to US on Oct 2006. Just wonder if I can claim her as dependent on my 2006 tax return? If so, how should I get her the tax ID?

Tax exemption [ 3 Answers ]

Thank you very much for your reply. It was much helpful. However, when I was reading the income tax treaty between India and US on the IRS website - Article number 22, (please see the link below, page 49 for payments to research scholars) http://www.irs.gov/pub/irs-trty/inditech.pdf It...


View more questions Search