international student F-1, TAX returns, Texas?
Hi, I am an f-1 student and will be working in the texas under CPT for 6 monthes(get paid 3k per month). I am in US less than 5 years so do I have to pay federal, state, FICA taxes? What is the approximate tax rate if you get 3k per month for 6 months in texas? also, can I deduct the tuition from taxable amount? Also do you guys know any tax treaties with Turkey? Thanks a lot for help can I deduct the reimbursements that I will get for travel expenses to move new location?
United States - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
For tax purposes you are treated as a Non-Resident Alien for your first 5 years. That means that you'll generally pay HIGHER taxes than citizens or residents. You pay Federal income tax, plus Social Security and Medicare. There is no income tax in Texas. See IRS Pub 514 http://www.irs.gov/pub/irs-pdf/p514.pdf for further information.
2 :
If this is an approved CPT and you are still in your first 5 years, show your employer IRS publication 515--you are not subject to fica/mc taxes. This is a narrow exception to the fica/mc rules. You are still subject to federal income taxes. Texas does not have a state income tax. (Texas has a high sales tax and property taxes instead.) Tuition is NOT deductible for you on the 1040NR return. The 1040NR return does not have an education deduction. As a student, you can NOT claim the tuition as a work expense. While there is a US/Turkey tax treaty, it does not apply to your situation. http://www.irs.gov/pub/irs-trty/turkey.pdf by the way, the appropriate publications for you are pubs 519 and 515. boston goofed, it's not 514.
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