Hi team,
I'm a dual-status individual for this tax year. I became a resident alien this tax year starting Oct 2024.
Question: how do I calculate my taxes assuming I have 100k income, 80k as NRA and 20k as RA?
If I file two forms (1040 + 1040-NR), does that mean I need to split my 100k income into two forms, and then calculate the tax separately?
Doesn't that mean my marginal tax rate as a RA (20k, 12%) would be lower than as a NRA (80k, 22%), and that I can claim deductions from both forms?
I'm super confused and couldn't find good answers anywhere. Thanks in advance for the answers!
