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Old 04-01-2005, 07:08 AM
A.G. Kalman
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Default Re: Can I choose to be a US resident for tax purpose

Kevin wrote:

- quote -

> I am an F-1 student from China. I have been advised to
> choose to be an alien for the tax purpose. By that way my
> first $5000 income is exempted from the US tax. My question
> is whether I can choose to be a US resident? This is the
> fourth year I am in the US. I will have to be a US resident
> from the next year for the tax purpose anyway. What's the
> other consequencies on my future such as my application for
> a green card if the answer is yes and I choose so?


The tax treaty with the PRC grants you the annual $5000
exclusion because you are an F-1 student in nonresident
alien status.

As an aside, the treaty provides an exemption to students
from the savings clause. In other words, if you were a
resident for tax purposes, you could still avail yourself of
the $5000 exclusion as long as you were still in the same
status and conformed to the treaty article for students
(Article 20).

--
Alan
http://taxtopics.net

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  #-1  
Old 03-30-2005, 12:08 AM
Kevin
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Posts: n/a
Default Can I choose to be a US resident for tax purpose

I am an F-1 student from China. I have been advised to
choose to be an alien for the tax purpose. By that way my
first $5000 income is exempted from the US tax. My question
is whether I can choose to be a US resident? This is the
fourth year I am in the US. I will have to be a US resident
from the next year for the tax purpose anyway. What's the
other consequencies on my future such as my application for
a green card if the answer is yes and I choose so?

Thanks, Kevin

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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