Ask Experts Questions for FREE Help !
Ask
    ryantan's Avatar
    ryantan Posts: 2, Reputation: 1
    New Member
     
    #1

    Mar 8, 2012, 04:28 PM
    How do I file for taxes? (F1 Visa, OPT, 1099-MISC, Massachusetts)
    How do I file for taxes?

    My situation is: F1 Visa (August 2007), OPT work authorization, hired as 1099-MISC.
    I began work in September 6 2011 (two month probation) and became full time on November 15 2011. I received bi-weekly checks since September 6. I live and work in Boston, MA. I've got insurance under my company, so I'm paying for that (health & dental).

    I've got a Fidelity portfolio (but this is under my brother's name who already left the US).. Did very little trading but there were a few dollars realized / lost through trade and dividends (very small value, but I want to do everything legally). Also got a letter from Bank of America about my account. Says there was a $2 withheld or something for $10 earned.

    Thanks!
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Mar 9, 2012, 11:56 AM
    On F-1 you are nonresident from 2007 to 2011. For 2011 you will file nonresident tax return and form 8843.
    You will report 1099-misc income and expenses on schedule C or C-EZ. As nonresident, you do not pay SE tax. Your U.S. Tax Return: U.S. Tax Filing Requirements for Non-Residents

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!

How do I file for taxes? (F1 Visa, OPT, Company does not withhold taxes) [ 1 Answers ]

How do I file for taxes? My situation is: F1 Visa, OPT work authorization, Company does NOT withhold taxes. I began work in September 6 2011 (two month probation) and became full time on November 15 2011. I received bi-weekly checks since September 6. Please help. Thank you.

F1(W2) and OPT(1099 Misc) to file [ 14 Answers ]

Hello Atlanta Tax Expert, My background: I am student from Atlanta GA in 2005. 1. I am Indian 2. I was on F-1 whole last year 2005 (although H1 was approved) 3. Started H-1 from 1/feb/2006 4. I was a graduate assistant(TA) from Jan-May 2005, hence I have a W-2 from college. 5. Then I was...

Quarterly Taxes [ F1 visa and on OPT hired as an independent contractor (1099) ] [ 2 Answers ]

I am on an F1 visa and am on OPT(17 month STEM Extension) hired as an independent contractor (1099). It has been exactly 2.5 years since I came to the US. Do I have to pay quarterly taxes ? Thanks, Abhishek

F1 (w2), cpt (1099 misc), opt (1099 misc) [ 3 Answers ]

Hi, I am f1 student from india. I was working in my school in Louisiana on w2 from January 2007 to may 2007 and my gross earning was $4200 ( net pay: $3149.35, state tax withholding: $167.85, federal tax withholding: 48.85). currently I am working in my cpt for an employer in Texas who is...

Helping to file taxes for OPT visa [ 1 Answers ]

I am assisting my girlfriend with filing her first tax return, and she is currently in this country on a OPT (f1) visa. Her income is greater than the $3300 deduction limit, however we have both heard that OPT visa-holders are exempt from Soc. Sec. taxes and Medicare taxes. Are both of these true?...


View more questions Search