Questions tagged [f1-student-visa]
The f1-student-visa tag has no usage guidance.
112
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US taxes Filling in W9 form as a non-resident electing to be taxed as resident
My wife worked in the US in 2022 as an independent contractor on F1-OPT status. She was recently asked by her client to fill in a W9 form.
The W9 form specifies that it is for US citizens, or US ...
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70
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Can I receive APTC if I am on F1?
Last year I used the marketplace (healthcare.gov) to get health insurance for myself (F1) and my dependents (F2). Based on the information and documents I provided, they found me eligible and gave my ...
- 111
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33
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What are the earning opportunities for international students with F-1 Visa in USA?
I'm prospective graduate student hoping to apply for a graduate program in usa in the coming fall intake. But a major issue that's been affecting my decision making in the past few days is the amount ...
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2
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212
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Can F1 students in the US earn Social Security work credits?
Assume a typical F1 student in the US. No side gig, focusing on their PhD work, getting a stipend from their school and possibly doing summer internships using CPT. Can they earn Social Security work ...
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67
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International student in the USA reselling in europe
I am a student studying in the USA and have a study visa. I have a business in Germany with a partner of mine. What i'm wondering is, if there are problems with my visa or if I risk something if i buy ...
- 103
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79
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Reporting capital gains as an F-1 student in the US
United States
Since I was on an F-1 STEM OPT status in 2021, my brokerage company issued me a 1042-S form. This only shows the dividends and interest, but not the capital gains.
How do I calculate my ...
- 353
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91
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Closer Connection Exception to the Substantial Presence Test for Foreign Students while on F1-OPT?
I've been in the US as non-resident and resident.
2014 - F1 - NR
2015 - F1 - NR
2016 - F1 - NR
2017 - F1 - NR
2018 - F1-OPT - R (filled 1040)
2019 - F1-OPT - R (filled 1040)
2020 - F1-OPT - R (filled ...
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84
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Should I file as Resident or Non Resident for FY2020? I arrived in US in 2015 on F1 and switched to H1B in Oct 2020
I am a single individual who arrived in US in Aug 2015 on F1. I was on OPT until 30th Sept 2020 and then switched to H1B from 1st Oct 2020. After reading documents below, I gathered that since I have ...
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1
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42
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Can I file tax for both F1 and H-1B partially the first year?
Last year I started working at a company as F-1 OPT around Jul, and then I turned into H-1B on Oct. So, I have to file as a non-resident alien.
However, somehow the company withhold FICA tax from my ...
- 113
2
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answer
90
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Stimulus check for resident alien on 2020 tax return
As a F1 student, I was nonresident alien from 2015-2019, then my status changed to resident alien at 2020. But, as you know, this status change happens at August 2020, I didn’t get the stimulus check, ...
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Do I pay gift taxes in US, if I send money (>$15000) to my father in India?
I am in the US on F1 visa - OPT, I need to send money to pay off my student loan in India. I have already sent about $25000 to my dad, who has paid it to the bank for my student loan and I am planning ...
- 291
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64
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F1 OPT, marriage to Canadian citizen, FICA taxes and tax filing status
This year is a complicated one for me for tax purposes. I've been in the US since mid 2015, with F1 status. I currently still have F1 status, with OPT.
If I've understood everything correctly, I ...
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42
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Can I deduct anything from my Taxes if I send money back home for my educational loan?
For the tax year, I was on an F-1 visa. I routinely send money back home to India for my educational loan/ family purposes. Can I deduct this from my taxes?
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98
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Can I start a youtube channel and earn from ad-sense(if any) while being in US on F1 or H1 Visa?
I am currently working on F1 STEM OPT, and waiting on my H1B approval. I would like to start a YouTube channel to post tech videos, game play and some other content through different channels. This ...
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189
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Can an F1 student file as resident alien? (less than 5 years)
I'm a foreign student on F1. I came to the US in 2018. I stayed in the US for 350 days in 2019. I'm aware of the substantial presence test that determines whether I should file as resident alien or ...
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F1 to H1B - Should I be filing taxes for 2019 as a Resident Alien or a Non-resident alien?
I was on F1 since my first arrival to the US in 2015 (never been to the US before).
My H1B was approved in June 2019 (I have been on F1 all the time before this date and was Exempt)
Should I be ...
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1
answer
568
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Where do I report 1042 S income and tax withheld on form 1040?
I am an F1 student and I am filing joint taxes with my husband, who is a resident alien. We are to fill form 1040.
As a non-resident alien when I file 1040-NR, there's space to report the fellowship ...
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0
answers
117
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Does a small Bonus for an unpaid internship need to be reported or taxed?
I did an unpaid internship in fall 2019, at the end I was given an amount below $500 as a small bonus for my work their. It came from a personal account of my boss, so my question if that money needs ...
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2
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2
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252
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Am I a US resident?
I came to USA in August 2015 on a F-1 visa and switched to H1-B visa in Jan 2020. As per the substantial presence test, I will only become a resident alien after 183 days.
My questions are,
I have ...
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1
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173
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Should F2 spouse file 8843?
I have been in the US since 2016 under F1 student visa with my spouse who has F2 visa.
Since I am still a non resident alien, I have been filing under single status. However, I learned that my spouse ...
- 125
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1
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833
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F-1 to H-1B Tax Filing Status - 5 Calendar Years?
I came to the US to study on an F-1 visa in August 2014 and graduated in May 2018. Since then, I have been working on an F-1 OPT visa. In 2019, I applied and received my H1B visa - specifically, my I-...
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135
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Applying for first Credit Card in USA (International Student/Teacher)
I have been in the U.S. for the past 1 year and since then I just have a Wells Fargo Debit card.
Recently I tried to apply for an American Express credit card (applied online) but I got rejected.
...
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4
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1
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204
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Can an F1 student elect to file as a resident alien during the first 5 years?
As stated above, can an F1 student elect to be treated as a resident alien for tax purposes? As in, can an F1 student choose to not exempt their days in the US under the substantial presence test?
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76
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Tax return on income less than 8000 USD from royalties
I am a U.S. Nonresident Alien (graduate student in Seattle, WA). I am married, but my wife is not in US.
In 2018, I earned ~8,000 USD in royalties. That's my total US earnings for 2018. I have not ...
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3
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1
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225
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Individual Mandate Penalty for a Resident Alien who left the country in August
I am an F1 student who was in the United States from September 2011 till August 2018. I completed my coursework in May 2015, and stayed in the US for another three years under the OPT provision. I ...
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0
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1k
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Fed MED/EE, Fed OASDI/EE and CA OASDI/EE visa status F1 - OPT
When I worked as intern on CPT, my employer deducted the following taxes from my pay check:
Fed MED/EE
Fed OASDI/EE
CA OASDI/EE
My tax agent said I need to request them to get that back or fill a ...
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102
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Capital gain tax on stocks for nonresident alien under USA-German tax treaty
I am trying to understand the tax treaty between USA and Germany but this is a pain. I am in the USA on a student visa and considered to be a nonresident alien for tax purposes. I had some gain from ...
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385
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On my tax status and the substantial presence test for F1 student on OPT
I have done much reading on the matter but I find myself still uncertain regarding my current tax status, because of how the exemption days count for F1 students.
I got my F1 visa and have been ...
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0
answers
2k
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Using Standard deduction while filing 1040NR for year 2018
As per https://www.irs.gov/pub/irs-pdf/p519.pdf
Standard deduction. If you are a student who qualifies under Article 21(2) of the United States–India Income Tax Treaty, you can
take the standard ...
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2
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0
answers
138
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PA state tax for CA income as an F-1 student (nonresident alien)
I'm currently studying in PA on F-1 visa and have earned my only income last year from CA (internship while on CPT). I understand I should file state tax with CA as a nonresident. But I'm confused ...
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2
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1k
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Tax forms to report Capital Gain/Losses for Non-Resident Alien on F-1 visa?
I am a non-resident alien on F-1 Visa. I recieved a W-2 from my employer. I have also sold stocks and etfs through robo-advisors. I have recieved forms 1099-B and 1099-DIV from them. Where should I ...
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212
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When is the earliest I can file as a resident alien?
I came to the US in 2016 August as a F1 student and I know I am a non resident alient for the first five years. I want to know when the earliest I can file as a resident alien. Is it when I file in ...
- 125
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824
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Dual status tax returns (F-1 H1B)
I was on an F-1 visa from August 2013 till September 2017 and on an H1B visa from October till now. I am single. I filed extension for the 2017 year and now as I am Resident for tax purpose as I ...
- 111
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2
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291
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Resident vs Non-resident alien in the United States
I have been in the United States since August 2015 in an F1 visa. I was away from January 2018 to May 2018 in Denmark for study abroad. I do have a SSN as well.
I wanted to open a savings account in ...
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Can a student with F-1 visa status in USA invest using Robinhood app? If yes, how can we pay taxes including this investments?
I'm an international student in the USA on an F1 Visa. I just want to know if I can use Robinhood app on my visa status. I've found some posts on Quora that say trading is completely legal, but should ...
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115
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Claim Tax treaty for savings account in the US
Should I claim tax treaty benefits as an Indian working in the US on F1 Visa, non-resident status for tax purposes, on my w8 form? It was issued by my bank in US for holding a savings account with ...
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1
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244
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US investments for a non-resident alien
Where am I allowed to invest my money in the US considering that I am non-resident alien (I have a F1 visa)?
I noticed that most of the brokerage or investment platforms online do not allow people ...
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215
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Form 8843 - Statement for Exempt Individuals - Do I need to complete a closer connection form?
I am a Canadian citizen that has studied and worked in the US over the past 5 years. I am unsure how to complete Part III Questions 11 and 12 on the Form 8843.
I was on an F1 from Aug 2010 - May ...
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Can a student on an F1 Visa day trade US stocks? [duplicate]
I am an international student on F1 visa. Can I day trade US stocks?
As a day trader I will be placing multiple buy sell orders within a day. Is there any limit to number of orders that I can place ...
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1
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890
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1040NR - India F1/F2 visa - Can we claim standard deduction AND claim my spouse as dependent by filing ITIN
According to Pub. 519 Chapter 5, Indian F1 visa taxpayer can claim spouse as dependent in Line 7c of 1040NR along with ITIN application 'APPLIED', if they don't have income. (My spouse on F2 visa, so ...
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0
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136
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State taxes as an international student on opt who worked as contractor
I worked in the U.S. from February 2017 to January 2018 on an F1-OPT status. I was hired as a contractor so I got my monthly salary without any deductions. I used Glacier tax services to file my ...
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1
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72
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Healthcare requirements for J-1 married to US Citizen
I am a US Citizen and married a J-1 visa holder at the end of December 2017.
Facts:
I have had healthcare coverage the entire time in 2017 and currently in 2018.
My wife is still a J-1 with a ...
- 263
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1
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665
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Legal issues for selling software for a student on F-1 visa [closed]
A friend of mine is going to sell subscriptions for a SAAS software and he is on F-1 student visa as a non-resident alien. I have got a couple questions about legal issues:
Does he need to form an ...
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164
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Tax on Profitable Crypto Transfers between the US & India
I am a non resident alien on F1 OPT living in the US, and have noticed an arbitrage opportunity when trading ETH [a cryptocurrency] between the US & India.
Assume the following:
I bought 5 eth ...
2
votes
1
answer
105
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Confusion with Spouse Allowances on W-4
I'm trying to minimize my tax withholding, but at the same time not to claim more than a correct number of exemptions.
I got stuck with my wife's situation. She's a full-time PhD student and ...
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1
answer
2k
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Married Filing Jointly, moved from F1 to H1B on November 6th
I worked on OPT (F1 visa) in 2017 till November 5th and then moved to H1B. After my research, I found out that I don't pass the substantial presence test since I was under F1 student visa (OPT) for ...
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353
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Is filling 1040NR sufficient for Crypto gains for an F-1 student?
On F-1 status since last 16 months. I have gains of less than $100 on Crypto. Transactions were made on Coinbase.com portal in the US. Other income sources include an Internship on my CPT. Is filing ...
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0
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136
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U.S. taxes for last year of residency
My situation: I was a student on an F-1 visa in the U.S. during the first half of 2017. I received a salary while being a student. I had been in the U.S. for >5 years, so I was a resident alien for ...
- 91
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2k
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F1-OPT taxes with Husband on H1B - Filing Jointly or Separate
I am on an F1-OPT and asked my employer not to withhold my FICA taxes(social security and medicare) and they have not. My husband is on an H1B and we were thinking if we can file our return together ...
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594
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Tax filing requirements for OPT period (F-1 VISA) in Pennsylvania
This past year I worked under the Optional Practical Training (OPT) program after I graduated. I started my employment period March 15th and worked until September 28th. During this time I got paid ...
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