Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
F1 to H1B - Itemized Deduction/ Standard Deduction?
[ 17 Answers ]
Dear all, My status in US changed from F1 to H1B in mid Nov 2004. I was on F1 from Sep 2002-Nov 2004. Will I be able to take the standard deduction ? If so will it be under the US-India treaty? Please help. Regards.
Accounting for promotional expense
[ 1 Answers ]
I just opened a restaurant and gave away $4000 in sales the first day. I am not sure what journal entry to make. And should it be booked at cost or fair market value? My guess is that the debit entry would be Promotional expense ($) but I am not sure what the credit entry would be. Also,...
Living expense deduction in OPT
[ 1 Answers ]
Can I deduct expenses like rent, commute and meals, while on OPT in my 2005 tax returns? I graduated from U Maryland in December 2004 and I did my OPT in Boston from Jan01, 2005 to May 31, 2005 . After that I switched to H1 on the same job. I'm filing 1040 (not NR) and I did the same last year...
Standard Deduction Vs itemized Deduction
[ 4 Answers ]
Hi, I am an Indian citizen. I as on a F1 status till Oct 18th 2004 and then I got converted to a H1B on Oct 18th 2004. I do not pass the standard presence test. Correct me if I am wrong, but I guess I have been able to determine that I am a Non Resident Alien and not a dual-status nonresident... View more questions Search
|