Ekkuva Taxes File Seskune Vallaki..

[dkchinnari]

[quote name='Silence..Please' timestamp='1328551432' post='1301383232']
enduku ante em septhaam bhayya .. Tax returns chuusthe ala chupisthondi
[/quote]nee gross 200k naa nijam seffu

[Gachibowli_Diwakar]

[quote name='vishwamithra' timestamp='1328551573' post='1301383239']
nee gross 200k naa nijam seffu
[/quote]
200k aah [img]http://i41.tinypic.com/21vus0.gif[/img] avi dabbulu anukunnaava ..muriki kaaluva lo vaale dhoomalu anukunnaava

[dkchinnari]

[quote name='Silence..Please' timestamp='1328551863' post='1301383249']
200k aah [img]http://i41.tinypic.com/21vus0.gif[/img] avi dabbulu anukunnaava ..muriki kaaluva lo vaale dhoomalu anukunnaava
[/quote]talk cme

[k2s]

[karna11]

[quote name='Silence..Please' timestamp='1328550558' post='1301383184']
nenu last yr yedhuru 800$ pay chesa.. e yr malli 1000$ pay cheyyaali anta
[/quote]

ila yedhuru pay seyyalsinaa situation ki reasons enti mamaa. any idea?

[rapchik]

[quote name='Nissan' timestamp='1328550442' post='1301383181']
nee daggar reciepts unte submit cheyyochu...lekapothe u'll have to pay back....like while filing airline ticket reciepts,relocation receipts inka vere emanna unnayi ani cheppi file chestham kada...if its a low amount dont bother but nenu cheppedhi tax deductions 6500$ unte aa year lo ..they claimed more than that....so vallaki...might be a problem....
[/quote]

naku fedral 11000 undhi...7k claim chesanu..emynana problem aa..max antiki proffs unayi airline..lodging,rebts anitiki...

plz emyna problem aa

[rapchik]

[quote name='karna11' timestamp='1328553757' post='1301383414']

ila yedhuru pay seyyalsinaa situation ki reasons enti mamaa. any idea?
[/quote]

Yes there are two things by ur employer...

1)U will pay less taxes and you have pay at the end of the year....kondharu Perdiem run chestharu I mean min 30$ run chesi migathavi cash rupamlo...so valu max katali at the end of the year
2) U will pay exact amount and get refund later in the year

[kakatiya]

[quote name='ReddyGaru' timestamp='1328553760' post='1301383415']
naku fedral 11000 undhi...7k claim chesanu..emynana problem aa..max antiki proffs unayi airline..lodging,rebts anitiki...

plz emyna problem aa
[/quote]


hmm .. neeku enni ravalo anni vasthe no problem.. but... ekkuva teeskunte problem eh kada...

other thatn that proofs adagaru..

[Steelers]

[quote name='ReddyGaru' timestamp='1328553760' post='1301383415']
naku fedral 11000 undhi...7k claim chesanu..emynana problem aa..max antiki proffs unayi airline..lodging,rebts anitiki...

plz emyna problem aa
[/quote]


chesinav kadha already, ippudu tension padthe em vasthadhi....emaina vachinappudu choodochu le....receipts unte choopiyyochu....

[ganesh]

ayina opt lo unna vallu standard deduction chestaru...itemized cheyyaru

[kakatiya]

[quote name='ganesh' timestamp='1328554114' post='1301383448']
ayina opt lo unna vallu standard deduction chestaru...itemized cheyyaru
[/quote]

good point..

[kiraaaak]

[quote name='kakatiya' timestamp='1328554399' post='1301383481']

good point..
[/quote]
[color=rgb(0,0,0)]
The choice between the standard deduction and itemizing involves a number of factors:[/color][list]
[*]Only a taxpayer eligible for standard deduction can choose it.
[*]U.S. citizens and [url="http://en.wikipedia.org/wiki/Resident_alien"]resident aliens[/url] are eligible to take the standard deduction. [url="http://en.wikipedia.org/wiki/Nonresident_alien"]Nonresident aliens[/url] are not eligible.
[/list]



source wiki ...

[kiraaaak]

[quote name='ganesh' timestamp='1328554114' post='1301383448']
ayina opt lo unna vallu standard deduction chestaru...itemized cheyyaru
[/quote]

nuvvu entha varaku sure ba . ... 100% aa

[ganesh]

[quote name='kiraaaak' timestamp='1328554537' post='1301383499']

[color=rgb(0,0,0)]
The choice between the standard deduction and itemizing involves a number of factors:[/color][list]
[*]Only a taxpayer eligible for standard deduction can choose it.
[*]U.S. citizens and [url="http://en.wikipedia.org/wiki/Resident_alien"]resident aliens[/url] are eligible to take the standard deduction. [url="http://en.wikipedia.org/wiki/Nonresident_alien"]Nonresident aliens[/url] are not eligible.
[/list]Students from India
Information for Indian Students about the U.S.-India Tax Treaty

For more information, please refer to:

IRS Publication 901: U.S. Tax Treaties and Publication 519: U.S. Tax Guide for Aliens

If you are an Indian student who is a non-resident for federal income tax purposes (usually someone in the U.S. on an F-1 or J-1 student visa for five years or less), here's what you should do to take advantage of the U.S.-India tax treaty:

1. Use Form 1040NR-EZ, "U.S. Income Tax Return for Certain Nonresident Aliens With No Dependents," or Form 1040NR, "U.S. Nonresident Alien Income Tax Return." (If you are single, or if you are married but your spouse works and files a separate tax return, in most cases you may use Form 1040NR-EZ.) The treaty does not allow you to file Form 1040, 1040A or 1040EZ.

2. If you took the standard deduction last year, do not put anything on Line 4 of 1040NR-EZ or Line 11 of 1040NR even if you received a refund of state taxes.

3. If you are single, claim one personal exemption for yourself (you may use Form 1040NR-EZ in most cases). If you are married, claim one personal exemption for yourself and--if your spouse (1) had no income, and (2) is not the dependent of another taxpayer-- claim an additional personal exemption for your spouse (you must use Form 1040NR in this case). (Each personal exemption is worth $3,650 in 2009.)

4. In a few cases you may also claim a personal exemption for a dependent child in box 7c of Form 1040NR, but only if your child is a U.S., Canadian, or Mexican citizen or tax resident. If your child is also a non-resident for federal income tax purposes, which is usually true of a child in F-2 or J-2 status for example, you may not claim a personal exemption for the child.

5. In addition to your personal exemption(s), claim the standard deduction appropriate to your filing status. For 2009 this amount is $5,700 if your filing status on page 1 of Form 1040NR-EZ or From 1040NR is single ("Other single nonresident alien") and if your filing status is married ("Other married nonresident alien"). (You can not claim the "married filing jointly" standard deduction even if you are married, or the "head of household" deduction if you are a single parent.)

To claim the standard deduction on Form 1040NR-EZ place the appropriate amount for your filing status on page 1, line 11. On page 2, item J, write "India" as your tax treaty country and on the line below write "standard deduction [or "standard deduction and personal exemption..."] claimed under Article 21(2)."

To claim the standard deduction on Form 1040NR write "Standard Deduction Allowed Under U.S.-India Tax Treaty" on line 3 of Schedule A (page 3) of Form 1040NR; place the appropriate amount for your filing status in the column to the right of line 3 and repeat on line 17. Place the same amount on page 2, line 35, "itemized deductions," of Form 1040NR. On page 5 of Form 1040NR, write "India" on the country line of item M and write "standard deduction [or "standard deduction and personal exemption..."] claimed under Article 21(2)" on the lines beneath question M.

If you claim the standard deduction you can not also itemize deductions such as state and local income taxes, charitable contributions or employee business expenses. Obviously, if your itemized deductions exceed the amount of your standard deduction you should itemize rather than use the standard deduction.




source wiki ...
[/quote]

[ganesh]

[quote name='kiraaaak' timestamp='1328554537' post='1301383499']

[color=rgb(0,0,0)]
The choice between the standard deduction and itemizing involves a number of factors:[/color][list]
[*]Only a taxpayer eligible for standard deduction can choose it.
[*]U.S. citizens and [url="http://en.wikipedia.org/wiki/Resident_alien"]resident aliens[/url] are eligible to take the standard deduction. [url="http://en.wikipedia.org/wiki/Nonresident_alien"]Nonresident aliens[/url] are not eligible.
[/list]



source wiki ...
[/quote]Students from India
Information for Indian Students about the U.S.-India Tax Treaty

For more information, please refer to:

IRS Publication 901: U.S. Tax Treaties and Publication 519: U.S. Tax Guide for Aliens

If you are an Indian student who is a non-resident for federal income tax purposes (usually someone in the U.S. on an F-1 or J-1 student visa for five years or less), here's what you should do to take advantage of the U.S.-India tax treaty:

1. Use Form 1040NR-EZ, "U.S. Income Tax Return for Certain Nonresident Aliens With No Dependents," or Form 1040NR, "U.S. Nonresident Alien Income Tax Return." (If you are single, or if you are married but your spouse works and files a separate tax return, in most cases you may use Form 1040NR-EZ.) The treaty does not allow you to file Form 1040, 1040A or 1040EZ.

2. If you took the standard deduction last year, do not put anything on Line 4 of 1040NR-EZ or Line 11 of 1040NR even if you received a refund of state taxes.

3. If you are single, claim one personal exemption for yourself (you may use Form 1040NR-EZ in most cases). If you are married, claim one personal exemption for yourself and--if your spouse (1) had no income, and (2) is not the dependent of another taxpayer-- claim an additional personal exemption for your spouse (you must use Form 1040NR in this case). (Each personal exemption is worth $3,650 in 2009.)

4. In a few cases you may also claim a personal exemption for a dependent child in box 7c of Form 1040NR, but only if your child is a U.S., Canadian, or Mexican citizen or tax resident. If your child is also a non-resident for federal income tax purposes, which is usually true of a child in F-2 or J-2 status for example, you may not claim a personal exemption for the child.

5. In addition to your personal exemption(s), claim the standard deduction appropriate to your filing status. For 2009 this amount is $5,700 if your filing status on page 1 of Form 1040NR-EZ or From 1040NR is single ("Other single nonresident alien") and if your filing status is married ("Other married nonresident alien"). (You can not claim the "married filing jointly" standard deduction even if you are married, or the "head of household" deduction if you are a single parent.)

To claim the standard deduction on Form 1040NR-EZ place the appropriate amount for your filing status on page 1, line 11. On page 2, item J, write "India" as your tax treaty country and on the line below write "standard deduction [or "standard deduction and personal exemption..."] claimed under Article 21(2)."

To claim the standard deduction on Form 1040NR write "Standard Deduction Allowed Under U.S.-India Tax Treaty" on line 3 of Schedule A (page 3) of Form 1040NR; place the appropriate amount for your filing status in the column to the right of line 3 and repeat on line 17. Place the same amount on page 2, line 35, "itemized deductions," of Form 1040NR. On page 5 of Form 1040NR, write "India" on the country line of item M and write "standard deduction [or "standard deduction and personal exemption..."] claimed under Article 21(2)" on the lines beneath question M.

If you claim the standard deduction you can not also itemize deductions such as state and local income taxes, charitable contributions or employee business expenses. Obviously, if your itemized deductions exceed the amount of your standard deduction you should itemize rather than use the standard deduction.