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    karthik5591's Avatar
    karthik5591 Posts: 1, Reputation: 1
    New Member
     
    #1

    May 10, 2012, 10:05 PM
    Cpt taxes in Maryland?
    Hii,

    I am on F1 Visa From Aug 2012.Now I am on CPT with a annually package of 55000$.The monthly amount is 4583.33.I get paid bi-weekly.In each check the amount is 2291.66$.After withholding the federal and state tax ,I get a check for 1724.48.In a month I get 3448.96 out of 4583.33.The monthly tax amount is 1134$.

    One of my friend who is also in the same condition is doing his internship in New Jersey.He is getting paid around 4100 out of 5000 monthly.

    My question is why more taxes are being taken off my paycheck when compared to the guy whose payroll is from New Jersey.I think both state tax are same.

    Can anyone guide me correctly?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    May 11, 2012, 05:39 AM
    On F-1 you will pay federal income tax and state income tax. You are exempt from Social Security tax and Medicare tax. If your employer is withholding SS tax and Medicare tax, contact them. On F-1, you are nonresident for 5 years.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #3

    May 11, 2012, 07:10 AM
    I know the Maryland and New Jersey tax rates are different, but I cannot say HOW MUCH different.

    Further, the NJ employee may be claiming MORE allowances on his W-2 and the state equivalent form.

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