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jawhasway
New Member

I hold the H1b status since May 02 2016. Thus I consider myself as a residential tax payer. However I received one 1042s with income code as 20. What should I do?

 
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I hold the H1b status since May 02 2016. Thus I consider myself as a residential tax payer. However I received one 1042s with income code as 20. What should I do?

Since your days on F1 do not count toward the substantial presence test, you are actually a dual status alien for 2016. You would file a 1040NR for the time on F1 during 2016 (the 1042s would go on that) and a 1040 for the time on H1b.

https://www.irs.gov/individuals/international-taxpayers/taxation-of-dual-status-aliens

Turbotax does not support dual status returns. If you are married, you have other options, but if not, this is your only one.

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4 Replies

I hold the H1b status since May 02 2016. Thus I consider myself as a residential tax payer. However I received one 1042s with income code as 20. What should I do?

what was your visa before and since when are you in the US?
jawhasway
New Member

I hold the H1b status since May 02 2016. Thus I consider myself as a residential tax payer. However I received one 1042s with income code as 20. What should I do?

My visa before is F1 and I am in the US since 2013

I hold the H1b status since May 02 2016. Thus I consider myself as a residential tax payer. However I received one 1042s with income code as 20. What should I do?

Since your days on F1 do not count toward the substantial presence test, you are actually a dual status alien for 2016. You would file a 1040NR for the time on F1 during 2016 (the 1042s would go on that) and a 1040 for the time on H1b.

https://www.irs.gov/individuals/international-taxpayers/taxation-of-dual-status-aliens

Turbotax does not support dual status returns. If you are married, you have other options, but if not, this is your only one.

jawhasway
New Member

I hold the H1b status since May 02 2016. Thus I consider myself as a residential tax payer. However I received one 1042s with income code as 20. What should I do?

thanks for your reply. I am married and my wife holds a F1 visa. Can you please let me know what the 'other options' are?
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