Witholding taxes in form W4 for F1 single student from India.?
Hi, I am a F1 student who just got my first oncampus job. My employer gave me form w4 to fill. I need to know as a part US-Ind tax treaty how many total allowances I am entitled too. Can I specify standard deduction as a part of allowances. This referred from Pub 519 pg 43 Column 1- "If you are eligible for the benefits of Article 21(2) of the United States-India Treaty, you may claim an additional withholding allowance for the standard deduction." If yes, then total should be two right. I am single and no spouse or dependents. And are non resident aliens exempt from NY state taxes.
United States - 2 Answers
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1 :
Single 2 is okay, but won't guarantee a refund. NRAs owe NY state taxes. The tax treaty is with the federal government (and you weren't exempt there either), not the indiviudal states.
2 :
I would say visit www.VisaTaxes.com and http://forum.VisaTaxes.com for any F1,OPT Tax Specific questions. Hope this helps!
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Wednesday, August 28, 2013
Wednesday, August 14, 2013
iam a B.com(hon) 1st year student in india i want to do ICWA course .I want to know the details of that course?
iam a B.com(hon) 1st year student in india i want to do ICWA course .I want to know the details of that course?
and i also want to know the fees structure of that course and is the foundation exam of that course is in objective ?. thank you
Higher Education (University +) - 1 Answers
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... Appreciating your genuine interest in this super course... Pls visit this website for complete details you need: http://www.icwai.org/icwai/academic-admission.asp ...
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and i also want to know the fees structure of that course and is the foundation exam of that course is in objective ?. thank you
Higher Education (University +) - 1 Answers
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1 :
... Appreciating your genuine interest in this super course... Pls visit this website for complete details you need: http://www.icwai.org/icwai/academic-admission.asp ...
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Wednesday, August 7, 2013
Is all the income for an F1 student from India tax exempt under article 21(2)?
Is all the income for an F1 student from India tax exempt under article 21(2)?
Hi, I'm an F-1 student from India in my 4th year. In the previous years I have claimed the standard deduction and personal exemption in my 1040NR EZ forms and have received a partial refund of the total taxes withheld. I know a friend who has claimed that the entire earnings for the year (~20K) is exempt under article 21(2) and has received all the federal tax withheld. Is this legal? Can I claim 100% tax exemption too? I get compensated for teaching as a TA in my school. Thanks in advance.
United States - 1 Answers
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1 :
This is what article 21(2) of the US-India Tax Treaty actually says: 2. In respect of grants, scholarships and remuneration from employment not covered by paragraph 1, a student or business apprentice described in paragraph 1 shall, in addition, be entitled during such education or training to the same exemptions, reliefs or reductions in respect of taxes available to residents of the State which he is visiting. It simply means you are allowed to take the same standard deduction and personal exemption as if you were a RESIDENT. The earnings are NOT totally exempt.
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Hi, I'm an F-1 student from India in my 4th year. In the previous years I have claimed the standard deduction and personal exemption in my 1040NR EZ forms and have received a partial refund of the total taxes withheld. I know a friend who has claimed that the entire earnings for the year (~20K) is exempt under article 21(2) and has received all the federal tax withheld. Is this legal? Can I claim 100% tax exemption too? I get compensated for teaching as a TA in my school. Thanks in advance.
United States - 1 Answers
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1 :
This is what article 21(2) of the US-India Tax Treaty actually says: 2. In respect of grants, scholarships and remuneration from employment not covered by paragraph 1, a student or business apprentice described in paragraph 1 shall, in addition, be entitled during such education or training to the same exemptions, reliefs or reductions in respect of taxes available to residents of the State which he is visiting. It simply means you are allowed to take the same standard deduction and personal exemption as if you were a RESIDENT. The earnings are NOT totally exempt.
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Thursday, August 1, 2013
which is the best college of game design in india for the fine art student?
which is the best college of game design in india for the fine art student?
i had done the diploma fine art (comercial art or applied art) course which is after 10th and i want to do game design plzzzzzzzz any one tell me which is the the good college game design in india?
Higher Education (University +) - 1 Answers
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Please check here http://www.google.com/cse?cx=016390210553168334612%3Ap9nfn1ntyaq&ie=UTF-8&q=game+design+ Ravindra Dastikop http://edusense.googlepages.com
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i had done the diploma fine art (comercial art or applied art) course which is after 10th and i want to do game design plzzzzzzzz any one tell me which is the the good college game design in india?
Higher Education (University +) - 1 Answers
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1 :
Please check here http://www.google.com/cse?cx=016390210553168334612%3Ap9nfn1ntyaq&ie=UTF-8&q=game+design+ Ravindra Dastikop http://edusense.googlepages.com
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