Filing Tax Form 1040NR for International Students in USA - FREE !

[@muthurpe]

I have a few people ask me These questions 1) why not use TurboTax and File 1040 :- As a Non-Resident Alien you are required to file 1040NR and hence you cannot use Turbo Tax. You can use Sprintax but it charges sometimes, and you cannot file Form 8962( For Health Insurance Marketplace ) using that. 2 ) My University provides Glacier for 1040NR ? Why should I use this ? :- You cannot use if you want to file Form 8962 in Glacier. Also, I heard it does not support multiple W2's.

[@rituarya1309]

This was very helpful, thank you Dr Muthu.

[@galaxiesoflife7126]

Hi, I am an F1 student and I received a W2 and 1042-S form from my uni. how can I add the 1042-s details in the 1040 NR. could you please let me know asap. Thank you in advance.

[@ojuvillegas1]

Thanks for the video ! I have a question. I have a daughter and I paid a lot of money for daycare. My university recommended international students to use sprintax. But I didn't get a refund and They didn't have the option to include the daycare and health insurance information.

[@ٹیڑھا]

How do you fill the Tax treaty?

[@MuraliM-jb1jm]

Nice work dude. Could you explain more about the steps involving marketplace and 1095 .Also in the next video maybe talk about 401k and stuffs cuz lot of students are stuck on that part.

[@muthurpe]

Thanks dude ! If you had taken health insurance from the marketplace during the previous year, you would receive form 1095A. Taxact will also ask you if you had taken health insurance from the marketplace so it will provide you the option to fill in those details. Orelse you can also search 1095A, and it will ask you few basic questions. You can fill them by referring to the form 1095A. Few things to remember :- If your income is more than what you had mentioned earlier in your market place application, then there might be a situation where you had to pay and it will be deducted from your tax refund amount. Taxact will also show you this. I am sorry for 401K and stuffs, or state taxes, because I have no experience in it.

[@Hwoarangmishima]

I tried using this, now it's currently asking me to buy the deluxe edition for continuing using as Non resident.

[@muthurpe]

Hi, I have used the same method and filed taxes for free for my friends now. Unless your income is higher than 63000$, you should be able to do it for Free

[@ٹیڑھا]

Hi, Thank you for the video. Is it only for Indian student?

[@Dark-future-b2d]

Brother how can i pay taxes in usa as a non residents and having llc. And how would i know that my taxes amount

[@minhtutran7169]

Thanks for providing this very helpful video instruction. You are awesome.

[@muthurpe]

Glad it was helpful!

[@nahin1]

What’s the process for ITIN holders?

[@msandeep0866]

@muthurpe Schedule OI - Treaty Exempt Income Enter the information required to claim exemption from tax under a U.S. tax treaty with a foreign country. Country India Treaty article None selected Treaty article (if not listed) Number of months claimed in prior years Amount of exempt income in current tax year $ When I am trying to file taxes this year, it is asking for these details. Can you guide me how to fill these?

[@carlosruizdelolmo1640]

Do we need to create an account on IRS first to be able to follow this video? Because when I clicl the link is having an error...

[@muthurpe]

No, you don't need an account with IRS.

[@harshalshah8305]

Bro I think you need to take this video down!! I don’t whether you are aware of this or not but you revealed way too much information, your SSN, Name, Number, Passport number, in sort everything! Bro, you could find yourself in trouble if wrong people gets their hands on this video! I would highly recommend you to take necessary actions!!

[@muthurpe]

Hi Harshal, I am not that stupid to use my real details when I am uploading the video public. All the personal information I used in this video - are FAKE, except that I posted it from my real account! :-) Thanks for your concern

[@dhruvchakervarti9048]

Hi Muthu ! Thaks for the video. I have one question, while selecting the 1040 NR filing, for the country of residence for tax purposes you selected India. I thought that was my current country of residence i.e. US. Could you please elaborate what Coutry of residence for tax purposes means in the TaxAct portal.

[@muthurpe]

Hi Dhruv, I hope that you are a F1 Student, and are less than 5 years in USA. As per the IRS - Determining Tax Residency, we are "Non-Residents for Tax Purposes" and hence we need to select the country which is our permanent residence, which is India. If you are here on any other status or more than 5 years, then you will need to file form 1040, and you are a resident for tax purposes. www.irs.gov/individuals/international-taxpayers/determining-alien-tax-status

[@dhruvchakervarti9048]

@@muthurpe Thanks for explaining! I have two more questions and would be greatful if you can help me with them: 1. My state of residence has changed since Jan 2021. Should I continue to write my current state of residence or file w.r.t. previous address? 2. Regarding substantial presece, I read that F1 students are exempt ad should not count the number of days they were exempt. I was a student whole of 2020, so Substantial presence would be 0?

[@muthurpe]

@@dhruvchakervarti9048 1. File with you current residence. When you enter the W2 Form, you would enter the State that you lived in previously. Depending on that, you will file state tax 2. I guess I understood your question right, Yes. F1 Students are exempt as not to calculate Substantial Presence, and Will be considered as Non-Resident for their first 5 years of F1 in USA.

[@dhruvchakervarti9048]

@@muthurpe Awesome ! Thank you so much for the help and guidance. Great video ! You are awesome

[@omkarhalankar7274]

Very helpful

[@muthurpe]

Glad it helped

[@mkconsulting6450]

Can we use this web to do J1 tax return?

[@muthurpe]

Yes, on the first page you need to mention word "Trainee", and you will get same benefits as F1. You have to file 1040NR

[@YM-matcha]

Would this be the same if I would file the 1040 NR EZ?

[@muthurpe]

Yes, if you are filing for the first time, it would be NR EZ which will be generated

[@ZaferOzen1]

For tax return from Robinhood, which one would you recommend?

[@KevalShah51]

Hey I just used taxact and it is really useful with robinhood too!

[@muthurpe]

Taxact can be used for Robinhood as well. Just that you had to do a lot of work based on what kind of tax form you receive from robinhood

[@emilyjessica7399]

Is TaxAct free? It seems like I have to pay $40+ to file it with their app, doesn’t it ?

[@muthurpe]

If you follow the instructions in this video, i.e if you go to irs.gov and choose freefile and select taxact, its free.

[@ps-in8rd]

Bro have some query how can i contact

[@muthurpe]

You can ask it here, or reach out to [e-mail], or LinkedIn

[@OVXX666]

how do i make an account if i dont have an american phone number damn :((((((((

[@muthurpe]

try creating a google voice number ! Good luck

[@vanessagomez5613]

As a student are u allow to work?

[@muthurpe]

if you have SSN, you can work for On-Campus Employment