I have been in the US since August 2011, during which I left the country only for 3 weeks. Therefore, I must file my taxes this year as a resident alien for tax purposes. So my question is this:
What exactly are gonna be different for me this year?
I have searched the internet and read multiple sources on this topic but none of them really says anything other than you have to file a different form because you are a resident for tax purposes. However, I would like to know if this is a good thing or a bad thing for an F1 student, in general. To put it bluntly, do I get more refund or less refund?
From one source, I read that a US citizen who makes less than $10.000 a year gets full refund. On the other hand, F1 students do not get any tax refund once they become resident alien for tax purposes only.