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    tarunkp's Avatar
    tarunkp Posts: 5, Reputation: 1
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    #1

    Jan 31, 2011, 08:41 PM
    Which form to be used for filing tax on OPT (contract work)?
    I am working on contract on OPT. My OPT began on 2nd July 2010. As I understand, I need to use 1040-NR and 8843 forms for filing tax for 2010. Is this correct?

    Also, being on contract, can I use both itemized and standard deductions at the same time or either of those? I think the limit for standard deduction is $5700. Is there such thing as "personal expenses deduction" apart from the standard deduction?

    Any reply would be greatly appreciated.
    Thank you,
    Tarun
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Feb 7, 2011, 11:34 PM
    Tarun:

    You can claim the standard deduction on Form 1040NR ONLY IF you from India.

    To properly claim the Form 1099 income, you must submit Schedule C with the Form 1040NR.

    If you need professional filing this return, email me at [email protected]. This is what I do!
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