More Tax Law (Questions About Taxes) Answers
Question Library
Ask a question about Tax Law (Questions About Taxes)
Volunteer
Experts of the Month
Expert Login
Awards
About Us
Tell friends
Link to Us
Disclaimer
|
| |
|
|
| |
| | | |
About John Stancil, CPA
Expertise
I can answer questions on personal income taxes, partnerships, and some corporate income taxes. I can deal with some state tax questions. Limited gift and estate tax questions. I am also familiar with ministerial and church tax reporting issues. I teach tax and accounting at a small church-related college. Sales taxes and property taxes are state and local issues so I am not likely be be able to give you an in depth answer on those types of taxes. I have maintained a part time tax practice for over 30 years. I am a member of the AICPA, National Society of Tax Professionals, and the Institute of Management Accountants.
Experience
I hold a doctorate in Accounting, and four professional certifications: CPA, CMA, CFM, and CIA. I passed all certification examinations on the first attempt, and received honorable mention for my scores on the CIA exam. I write a monthly tax column for the local newspaper.
| | |
| |
You are here: Experts > Business > Corporate Law > Tax Law (Questions About Taxes) > internship tax question.
Expert: John Stancil, CPA
Date: 10/6/2008
Subject: internship tax question.
Question
I am an international student on F1 visa(non-resident alien), who recently acquired a paid internship job for 3 months(i.e oct 08 - dec 08). This company has informed me that they are not going to withold any taxes from my paychecks.They made me fill out I9 form and might give me a 1099 form after three months when i finish my internship.
Do i need to fill out any other forms since i have to deal with my own taxes?or simply send checks to IRS. Do i have to send checks to IRS every month and how much percentage do i have to send?
Basically i am pretty confused as to what I need to do to file my taxes. Help would be greatly appreciated.
Thanks,
saahil
Answer
Saahil,
Thanks for your question.
If you make estimated payments, you would send them on Form 1040-ES on a quarterly basis on the 15th of April, June, September, and January. The amount would depend on your total income, there is a worksheet attached to the ES form that will help you determine how much to deposit.
If you have not paid taxes in the US before, you would not be penalized for not making estimated payments.
Hope this helps.
John Stancil, CPA
Add to this Answer
Ask a Question
|
|
