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    raj83168's Avatar
    raj83168 Posts: 12, Reputation: 1
    New Member
     
    #1

    Feb 22, 2007, 02:18 AM
    F1, 1099-misc
    Hi,


    I am from India and a non-resident in CA, on F1 and would graduate in 2008.
    My situation is as follows,

    A) I worked for a small business in aug 2006 - oct 2006 for their website in their office with public transport, had personal meals and my own computer etc. and I recently got a 1099-misc from them. Non-employee compensation is $4462.50 and federal income tax withheld is $0.00, and not working for them anymore.

    B) I also have a W2 from the university where I worked as a assistant, earlier in 2005.

    So my questions are, as per A:

    1. how much do I owe in taxes?
    2. what specific forms I need to fill out?
    3. tax returns, if any
    4. deadlines involved
    5. Can I claim deductions and still be able to owe zero taxes?

    Gratefully,

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

    Feb 22, 2007, 11:43 PM
    1) About $675 in self-emloyment tax, unless you can show that the 1099 job is related to your F-1 field of study. If you can show that, then you owe NOTHING.

    2) Schedule C with Form 1040NR.

    4) April 16th.

    5) If you have met the criteria specified above, your personal exemption and the $5,150 standard deduction will cover your pay.

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