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

    Jul 2, 2012, 09:00 PM
    Federal and State Tax for F1 student working on CPT in NC
    Hi,
    I am an F1 student working on CPT for a duration of 10 weeks this summer. I am being paid at $36/hour for 40 hour weeks. Currently my Federal withholding is 25% and State (NC) withholding is 6%.
    Could you please advise if I can expect a refund of any of these taxes at the end of the year? If yes then how much and what is the procedure to request it?
    Any information will be very helpful.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Jul 5, 2012, 12:45 PM
    Almost for sure you will be receiving a Refund if you file Forms 1040NR 1040NR-EZ and 8843 for the federal return.

    You nred to file Form D-400 to claim your NC state refund.
    ramit_rulz's Avatar
    ramit_rulz Posts: 2, Reputation: 1
    New Member
     
    #3

    Jul 5, 2012, 06:23 PM
    Quote Originally Posted by AtlantaTaxExpert View Post
    Almost for sure you will be receiving a Refund if you file Forms 1040NR 1040NR-EZ and 8843 for the federal return.

    You nred to file Form D-400 to claim your NC state refund.
    Thank you for the quick response. Could you please tell me how much tax refund I can expect?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Jul 6, 2012, 12:07 PM
    Your fedetal Refund will be about $_3,000.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #5

    Jul 7, 2012, 07:57 AM
    The NC Refund requires access to my tax software, something I do not have.

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!

Tax returns a student working on cpt can expect? [ 5 Answers ]

I am an INDIAN and a student in CA, finished my graduation on 19 Dec 2011.I worked on cpt from aug 04 2011 to dec 19 2011 in Georgia and I want to apply for tax returns and my federal income tax with held was 4193.44 and state income tax withheld was 1248.16. Can you tell me what tax refund I will...

Federal and state TAX Exemption for Student from India [ 0 Answers ]

Hi , I am a student from India and am working in a company in San Jose, California as OPT. My company is not deducting Federal or State Tax from my pay check.Why is that? Do I have to pay the taxes back when I file my tax return for the year? How does this work? Thanks in advance.

Federal and state Tax returns on OPT/CPT 2011 [ 5 Answers ]

Hi I am on CPT until December 2011. The would move into my OPT from December 17th itself. My employment authorization is OPT/CPT. I am an Indian and can make use of the India US taxt treaty too. This is my first paycheck ever for 15 days. My annual pay is 65000. I just got my first paycheck...

MBA student on F1 and working on CPT - tax query [ 5 Answers ]

Hi, I needed some guidance on the taxes I can expect to pay at the end of 2011. Background: I am a 2nd yr MBA student in Indiana and am currently doing my internship on CPT. I am designated a full-time employee during the internship period. I expect my total income not to exceed $25,000 for...

Federal Tax percent for Nevada CPT Student [ 2 Answers ]

Hi, This is ram I am F1 Student of California. I got a job offer in Las Vegas and I have my CPT Now I moved to Las vegas for my job. I wan to find out how much would be the Taxes on my CPT Income (Federal Tax and State Tax Percentages) and also in my W-4 form I have kept a total of 3 for the...


View more questions Search