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

    Jan 6, 2010, 06:54 PM
    First time homebuyer h1b treaty-based
    I've been working here on H1B visa since July 2008. In my 2008 tax return, I was given full refund due to the US-Philippine Treaty that states that H1B visa holders are exempted for the first two years of work here. In addition, my tax-preparer filled out forms 1040 and 8833.

    WILL I STILL BE QUALIFIED FOR THE FIRST-TIME HOMEBUYER CREDIT?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Jan 6, 2010, 10:45 PM

    It is news for me that U.S. philippine Treaty allows tax free status for two years to H1-B holder.
    As far as I know H1-B is work visa and every one on H1-B gets same treatment.
    Can you provide the link?
    Five Rings's Avatar
    Five Rings Posts: 459, Reputation: 7
    Full Member
    		  
    #3

    Jan 7, 2010, 09:16 AM

    I agree with MukatA. H1-B visa holders are subject to the "resident by substantial presence" rules. How is it that you dodged the bullet?
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