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

    Feb 22, 2011, 04:11 PM
    OPT worker Tax exemption.
    Hi,

    This might be the question asked every where but I would like to confirm with you guys.

    I came to use in 2008 F1 visa. Now I got opt and I got a job - I am no more full time student. My employer say that I have to pay social security and medicare tax. So my question is that tax exempt (social security and medicare) if I were full time student or even working full time in OPT (no more student).

    If I opt to 1099 then am I tax exempt which is not the case in W2? - what is major difference between these two.

    I would really appreciate your help which will save me lot of money.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Feb 22, 2011, 07:59 PM

    On F-1 and OPT you are exempt from residency for 5 years. You do not pay FICA taxes.
    If the employer issues you 1099-misc, they do not withhold any taxes. It is for you to take care of paying the required taxes. Your U.S. Tax Return: U.S. Tax Filing Requirements for Non-Residents
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