TAX Planning for poor Chinese# TAX - 交税与退税
z*l
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Tax planning for poor Chinese
Version 0.1
1. If you are an F1 student filing as nonresident,
Not much you can do.
Technically you may claim you have donated $250 on your tax return
even if you have not done so, because IRS requires no proof.
You may claim $500 if it's not cash donation.
Buy Roth IRA if you have money.
2. If you are an F1 student filing as resident,
Take standard deduction and treaty benefit if qualified.
For details, Tax board J
Version 0.1
1. If you are an F1 student filing as nonresident,
Not much you can do.
Technically you may claim you have donated $250 on your tax return
even if you have not done so, because IRS requires no proof.
You may claim $500 if it's not cash donation.
Buy Roth IRA if you have money.
2. If you are an F1 student filing as resident,
Take standard deduction and treaty benefit if qualified.
For details, Tax board J