Ask Experts Questions for FREE Help !
Ask
    talrejamanish's Avatar
    talrejamanish Posts: 2, Reputation: 1
    New Member
     
    #1

    Mar 14, 2010, 12:44 AM
    Resident alien for tax purposes filing using 1042S
    Last year in June, my residency status for tax purposes got converted to 'resident alien' as I started my degree in Sept 2004 and completed 5 calendar years in US as a student in 2009. Hence the IRS website (pub 519) says that I need to file form 1040. However, since I was on fellowship through out the year I received only form 1042S from my univ (no W2), that too indicating my taxable income as that received before June 2009. My first question is what to do with the income I received after June. Secondly, In form 1040 they only mention about W2 and there is no mention of how to file using 1042S. I was wondering should I just use the corresponding columns in 1042S to complete 1040 or is there any other form for this situation. Also if I use 1040 should I include income in line 7 or 21.

    I even tried to use efile turbotax free version suggested on IRS website, but it did not give option for 1042S. Then I tried to file considering my income as received from scholarships but there were no subsequent sections in which it asked for federal tax withheld. Hence, it later indicated that I need to pay underpayment penalty as it assumed that no income was withheld which was not the case.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Mar 14, 2010, 04:45 AM

    Provide info -- what is in each box of 1042-S.

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!

Joint tax return non-alien resident and alien resident with form 1042s [ 3 Answers ]

Hi My wife is an alien resident, but we just got married, so I am still a non-alien resident. We are intending to fill out joint tax return as alien residents. But my problem is I have both w-2 and 1042s forms. The 1042s reflects my income from a fellowship which has been taxed each month. The...

Dual status alien or resident alien for tax purposes? [ 2 Answers ]

Hello, I come from Poland, in September, 15 th. 2006 I came to the USA on J1 visa (scholar), and I have been on it ever since. Can I fill tax refund for 2008 as a resident alien (1040) or I am rather considered as dual status alien? Can I fill the taxes jointly with my wife she came with me and...

J1 alien with house in US; can/should I file as resident for tax purposes? [ 2 Answers ]

Dear all, I came to USA as an international PhD student in September 2006. This year, though, I bought a house here in the US, on which I am currently paying mortgage interest, etc. I understand that I cannot deduct this against my tax unless I file as a resident for tax purposes. In 2006...

Resident alien for tax purposes on OPT [ 1 Answers ]

Hi I am a resident alien for tax purposes (substantial presence test). My post-completion OPT began in September, '07 and have been employed ever since, as a postdoc in a US University. My employer withheld social security and Medicare from my March salary (but never before). 1. I read that...

Am I a resident or nonresident alien for tax purposes? [ 2 Answers ]

I have been in the US ONLY on an F-1 visa in the calendar years 2001,2002,2003,2004,2005,2006 and 2007. However, I left the US in April 2004 and came back in Dec 2005 with a new F1 visa for a new degree. I am not sure whether I am a resident alien or non-resident alien for tax purposes. I have not...


View more questions Search