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    crazee85's Avatar
    crazee85 Posts: 82, Reputation: 1
    Junior Member
     
    #1

    Mar 17, 2010, 05:56 AM
    Redesigned 2009 Form 1040NR or 1040NR-EZ
    Hello,

    I am on F-1 OPT and am from India. I had entered US in August 2007. I am utilizing the "Standard Deduction Allowed under U.S.-India Income Tax Treaty".

    I just noticed that the 2009 Forms 1040NR and 1040NR-EZ are redesigned. How do I mention about the treaty on "Other Information" page in these new forms (Form 1040NR: page 5 item L or Form 1040NR-EZ: page 2 item J) [I noticed that CINTAX leaves this item blank]? Specifically what should be written for "Number of months claimed in prior tax years"?

    Also how do I mention the interest from bank (which is not taxable for non-resident aliens) on the same page? Or do I not mention it anywhere at all?

    Thanks a lot for all your help!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Apr 30, 2010, 01:30 PM
    The treaty exemption is addressed in the table at the bottom of the second page. Put INDIA and Article 21(2) in the table.

    In your case, the "number of months" would be 16 (Sep 07 to Dec 08).

    The exemption amount is $5,700 (standard deduction).

    There is no place to address the bank interest, so do not worry about it, as the bank interest is STILL not subject to U.S. income taxes.

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