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W4 Withholding

Chalanachithram.com DB » New TF Industry Related » Archive through September 25, 2016 » W4 Withholding « Previous Next »
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Jalsa
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Username: Jalsa

Post Number: 35292
Registered: 02-2008
Posted From: 24.186.109.17

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Posted on Saturday, September 24, 2016 - 01:11 pm:       


Wellsfargo:

teliyani savings bhayya. single ee continue ayipo... ee rojullo refund fast gaa ne vasthundi.



savings, kaadhu need it for monthly cashflow. zero interest savings badhalu at least dividend paying stable etf lo pettukovachu ga?
 

Wellsfargo
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Username: Wellsfargo

Post Number: 6219
Registered: 06-2012
Posted From: 124.123.178.37

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Posted on Saturday, September 24, 2016 - 01:00 pm:       


Jalsa:

antey, idhi varlo single ani petteyvadini for quite a few years, salary perigina take home endhi ra intha thakkuva ani, ee year change chesaa, to 2 allowances....significant ganey perigindhi take home.
mana 401-k, health insurance, Flexible Spending, medical expenses etc choosukuntey, taxable income thakkuvey undindhi...so planning to increase it further...




teliyani savings bhayya. single ee continue ayipo... ee rojullo refund fast gaa ne vasthundi.
 

Jalsa
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Username: Jalsa

Post Number: 35290
Registered: 02-2008
Posted From: 24.186.109.17

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Posted on Saturday, September 24, 2016 - 12:55 pm:       


Wellsfargo:

H1 is a resident status as per tax laws. Kangaru padoddu



I see, since we are here working fulltime, we are not "temporary as per tax law"?

antey, idhi varlo single ani petteyvadini for quite a few years, salary perigina take home endhi ra intha thakkuva ani, ee year change chesaa, to 2 allowances....significant ganey perigindhi take home.
mana 401-k, health insurance, Flexible Spending, medical expenses etc choosukuntey, taxable income thakkuvey undindhi...so planning to increase it further...
 

Jeffa
Junior Artist
Username: Jeffa

Post Number: 746
Registered: 10-2012
Posted From: 50.185.122.221

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Posted on Saturday, September 24, 2016 - 12:51 pm:       

Check this page if you are counted as a resident alien or non-resident alien: https://www.irs.gov/individuals/international-taxpayers/dete rmining-alien-tax-status

Usually 99% of H1/H4 etc visa holders are resident aliens in the eyes of Uncle SAM. Dont waste your time :-)
 

Wellsfargo
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Username: Wellsfargo

Post Number: 6217
Registered: 06-2012
Posted From: 124.123.178.37

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Posted on Saturday, September 24, 2016 - 12:47 pm:       


Jalsa:

Is this true? so H1 employees can only select "Single" so your take home is always less?




H1 is a resident status as per tax laws. Kangaru padoddu
 

Jalsa
Legend
Username: Jalsa

Post Number: 35289
Registered: 02-2008
Posted From: 24.186.109.17

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Posted on Saturday, September 24, 2016 - 12:45 pm:       

https://www.irs.gov/individuals/international-taxpayers/with holding-exemptions-personal-exemptions-form-w-4


quote:

In completing the form, nonresident aliens should use the following instructions instead of the instructions on Form W-4.
For Forms W-4 completed by nonresident alien employees performing services in the U.S.::
Check only "Single" marital status on line 3 (regardless of actual marital status).
Claim only one withholding allowance on line 5, unless you are a resident of Canada, Mexico, South Korea, a U.S. national, or a student or business apprentice from India.
Do not claim âExemptâ withholding status on line 7.
Write âNonresident Alienâ or âNRAâ above the dotted line on line 6 of Form W-4.




Is this true? so H1 employees can only select "Single" so your take home is always less?

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