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

    Feb 28, 2007, 05:27 PM
    H1b tax filing
    I entered in US on F1 Status Aug 2002, changed to H1b on Nov 2005
    What form should I use for filing Tax, Am I considered resident for Tax purposes?
    Can I take any standard or personal deductions?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Mar 1, 2007, 08:38 AM
    File as a resident alien, fling Form 1040, 1040A or (most likely) 1040EZ.

    You can claim a $3,300 personal exemption and a $5,150 standard deduction.
    b9modi's Avatar
    b9modi Posts: 8, Reputation: 1
    New Member
    		  
    #3

    Mar 1, 2007, 08:52 PM
    I am in a similar situation.
    It is my understanding that we do not need to file 8843 anymore. Just one form 1040EZ (1040/1040A).

    But as I was filing the 1040EZ, I noticed that now there is a small provision for federal excise tax, on line 9. Do we need the form 8913 and is there a maximum or a minimum on that amount and do we need to attach any receipts as a proof?

    If the person is single and has no mortgage, is there any other deduction that can help him reduce the tax?

    I really appreciate ATE spending so much time on the forum that benefits so many people.

    Thanks
    Modi.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #4

    Mar 2, 2007, 12:33 PM
    Modi:

    The federal excise issue does not affact you. Ignore it!
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!

OPT to H1B Tax filing-SS tax refund? [ 10 Answers ]

Hi, I am an Indian citizen. Arrived in US in Aug 2003, on OPT from Jan 2006 and on H1B from October 1st 2006. I started working in Feb 2006 in California. Throughout the year in 2006 Social security , medicare and disability taxes were deducted from my paycheck. Will I get a refund for these...

H1B Tax Filing [ 1 Answers ]

Hi Experts, I arrived in the US on H1B status last June 30, 2006 together with my wife and son who are on H4 visas. Then on Sept. 1, 2006 my wife gave birth to our daughter. We never left the US since we arrived. 1.What are the detailed steps that I need to take when filing my income tax?...

H1B Tax filing - question [ 2 Answers ]

Dear Atlanta Tax Expert - I have been reading your advice on this forum and have a question of my own. I changed from OPT to H1B in 2005 and now don't know which forms to fill. 01 Jan to Oct 13th - on OPT Oct 13th onwards on H1B I was a student uptil May when I graduated. Which forms...

F1 to H1B tax filing details [ 7 Answers ]

Thanks for your time and patience in reading this request. I was working at my university on F1 status from Jan 1 2005 to Feb22, 2005. I was then on my OPT till OCT 1 2005. Then I was in H1B from OCT 1 2005 to Dec 31 2005. This is the first time I am filing taxes by myself. I did buy a software...

F1 to H1B tax filing [ 1 Answers ]

Hi, I am a little confused about what forms and how many versions of them I must fill out this year. I was an F1 (Canadian) student (on OPT) until 4/1/05. After that date, I became and H1B non-immigrant worker. My employer has broken my income into two separate W-2s. The first, from when I...

View more questions Search