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

    Oct 25, 2005, 03:15 PM
    F1-OPT-SS&Medicare-5 calendar years
    Dear Experts,

    I came to US at Aug. 15 2001 with F1 visa. Now I am working under OPT through 9/30/2006. Should I pay SS&Medicare tax?

    In Pub519 "You will not be an exempt individual as a student if you have been exempt as a teacher, trainee, or student for any part of more than 5
    calendar years unless you establish that you do not intend to reside permanently in the United States and you have substantially complied with
    the requirements of your visa."

    How to calculate the 5 calendar years? If calculate from 8/15/2001, then I should not pay SS&Medicare until 8/15/2006, right? If calculate from 1/1/2001, then I should pay tax after 12/31/2005, right? WHICH ONE IS CORRECT?

    Thanks!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Oct 26, 2005, 03:13 PM
    Inong:

    Calculate the five year period for Social Security and Medicare tax liability starting with 15 August 2001 through 14 August 2006. If you are still in country on 15 August 2006, have your employer begin withholding Social Security and Medicare taxes on that date.

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!

Outlook Calendar [ 2 Answers ]

How do you make a certain Calendar view(i.e Monthly) your default Calendar view? Every time I change it to monthly, it goes back to weekly when I click away and click back to calendar. Thanks in advance

Works Calendar Version 7 [ 2 Answers ]

What is the file name in which Microsoft Works version 7.0 Calendar stores its data. It is NOT the same as lesser or subsequent versions.

F1 student for 7 years, now on OPT, should I pay social security & medicare tax? I am [ 2 Answers ]

F1 student for 7 years, now on OPT, should I pay social security & medicare tax? I am from China. My H-1 may be approved for starting this Oct.

Crystal Reports Calendar [ 1 Answers ]

Hello, I am currently trying to build a report that looks just like a calendar. The data I have is stored in a table organized by: Day Month Year Note I am struggling with how to display the notes in a calendar view. I can get it to work in a crosstab view; however, it is just one row...


View more questions Search