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    lgj1626's Avatar
    lgj1626 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 29, 2012, 05:58 PM
    F1 OPT Tax Refund Exemption
    Hello,

    I am currently working here, in usa, using my OPT and have been in this country five and a half years. I have heard that there are some tax exemptions available for F-1 student and also heard that some of the exemptions are only valid only up to fives years of stay. So I was wondering if you can answer my questions regarding this.

    1. What kind of Tax exemptions are available for F-1 Student who has been here more than 5 years.

    2. Does this exemption affect the decision when applying for a green card.

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

    Jul 30, 2012, 06:48 AM
    All of the exemptions authorized for -1 visaholders expires on the last day of the fifth year.

    Starting on 1 January of the sixth year, you are considered to be a resident alien and will pay the same taxes as a U.S. citizen.
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