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

    Mar 14, 2006, 03:11 PM
    L1 visa taxes question
    Hi,

    I have been working in IL for the past year (from 1-Dec 05 ) on an L1 visa.
    I don't need to pay taxes in the US since I get an allowance here ( I file my taxes in india)
    But my company has given me some bonus money that does not fall into my tax exemption. So I need to declare that amount.

    I would like to know what form I have to fill (confused between the 1040NR and 1040NREZ forms) and also what other forms I need to fill (if reqd). I asked the H&R block but they couldn't help me.
    In addition to the 1040 form I will need to fill in State tax forms too (for IL)?

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

    Mar 14, 2006, 09:18 PM
    File Form 1040NR to declare the bonus money.

    You will need to explain the exemption and cite the article of the tax treaty on page 5 of the Form 1040NR.

    You will also need to declare the income on IL state tax return forms.

    If you find this too much to handle, you can contact me at [email protected] to contract my services. I have references, including an Indian national currently located in Illinois.
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