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    longaadoc's Avatar
    longaadoc Posts: 4, Reputation: 1
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    #1

    Apr 1, 2007, 09:01 AM
    Another F1-OPT-H1 tax filing. Verify!
    Here is the background information.

    Student from India came on F1 in 08/03.
    OPT: 02/06 to 04/06.
    Went to India: 04/06 to 06/30/06.
    Came back on H1b: 07/01/06-till now.

    My understanding of tax filing so far...

    I meet the sustancial presence test --> File as "Dual-tax payer"

    1) Fill out 1040NR (subit it as Dual-status statement). - Can claim standard deduction on this.
    2) Fill out 8843 (one last time).
    3) Fill out 1040 (for my being a resident alien). - Can claim itemized deduction on this.

    I can claim deduction on either 1) or 3) but not both.

    Am I missing anything else?
    longaadoc's Avatar
    longaadoc Posts: 4, Reputation: 1
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    #2

    Apr 2, 2007, 04:19 PM
    Anyone? Please...
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Apr 9, 2007, 02:01 PM
    Yes, you must file as a dual-status alien.

    ALL income, deductions and tax calculations are done on Form 1040.

    If you earned at least $5,150 while on OPT, you can claim the standard deduction.

    If your itemized deductions exceed $5,150, you can claim itemized deductions.

    But you CANNOT claim BOTH!

    Yes, you ned to file Form 8843 one last time.
    longaadoc's Avatar
    longaadoc Posts: 4, Reputation: 1
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    #4

    Apr 9, 2007, 03:46 PM
    Thanks a lot. Really appreciate it.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #5

    Apr 17, 2007, 12:28 PM
    Glad to help!
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