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STANDARD VS ITEMIZED


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Posted

1040NR-EZ form lo

coloumn 11 —Itemized deductions ani undi but kinda note lo residents of india who were students may able to take standard deduction instead of Itemized deductions annadu..deniki arhdma enti sCo_hmmthink


standard dedctions aithe thakuvva cut avthaya compared to Itemized deductions...aa instructions chadivanu kani ardhma kaledu sSc_hiding2

Posted

Due to a tax treaty provision, ONLY students from India may claim the standard deduction on the non-resident forms. For 2010 the standard deduction is $5,800 for those filing single or married filing separately. NOTE: Visiting Scholars and Researchers from India cannot claim the standard deduction.


If you add standard deductions they will deduct that from the total earned income and tax returns are calculated for the result.. Hence ur returns will be less...

Hope this helps...

Posted

[quote author=iDADA link=topic=161212.msg1927977#msg1927977 date=1298858961]
Due to a tax treaty provision, ONLY students from India may claim the standard deduction on the non-resident forms. For 2010 the standard deduction is $5,800 for those filing single or married filing separately. NOTE: Visiting Scholars and Researchers from India cannot claim the standard deduction.


If you add standard deductions they will deduct that from the total earned income and tax returns are calculated for the result.. Hence ur returns will be less...

Hope this helps...
[/quote]
thankyou baa will chk tht sHa_high5ing

Posted

[quote author=iDADA link=topic=161212.msg1927977#msg1927977 date=1298858961]
Due to a tax treaty provision, ONLY students from India may claim the standard deduction on the non-resident forms. For 2010 the standard deduction is $5,800 for those filing single or married filing separately. NOTE: Visiting Scholars and Researchers from India cannot claim the standard deduction.


If you add standard deductions they will deduct that from the total earned income and tax returns are calculated for the result.. Hence ur returns will be less...

Hope this helps...
[/quote]ante standard deductions lo max $5800 kanna ekkuva chupinchakudada mama sCo_hmmthink sCo_hmmthink

Posted

[quote author=ChittinnaraNaidu link=topic=161212.msg1928336#msg1928336 date=1298863830]
ante standard deductions lo max $5800 kanna ekkuva chupinchakudada mama sCo_hmmthink sCo_hmmthink
[/quote]


yup....

Posted

[quote author=arey ooo samba link=topic=161212.msg1927946#msg1927946 date=1298857758]
1040NR-EZ form lo

coloumn 11 —Itemized deductions ani undi but kinda note lo residents of india who were students may able to take standard deduction instead of Itemized deductions annadu..deniki arhdma enti sCo_hmmthink


standard dedctions aithe thakuvva cut avthaya compared to Itemized deductions...aa instructions chadivanu kani ardhma kaledu sSc_hiding2
[/quote]

ni deductions $5800 kante ekkuva vunte (Like donations, work related expenses....) go for Itemized. Otherwise go with Standard.

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