Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
[[Hello, all. I have a quick question. I recently received a slip of "Form
1099-MISC
(Miscellaneous Income), in which I earned $4,976.25 as "non-employee
compensation" doing some translation work in 1998 while I was a student. My
question is, do I have to file for Federal tax for 1998? I'm a non-resident alien
(Japanese citizen) and did not hold any other job in '98.]]

If you have income generated from within the US, generated from US sources, it is very possible that you'll have to file.

[[ I went over several IRS documents, but I
just confused myself even more with all the legal mambo jumbos. One document
says "the exemption amount for most taxpayers are $6,500," but
another document says "the exemption for non-resident aliens are $2,700."

Does anyone (maybe international people working in the U.S.) have an answer
for me? Should I contact IRS, H&R block, or a local tax accountant?]]

If you have already read IRS Publications 519 and 901 and are still confused, you certainly may have to get a tax pro involved. But make sure to get somebody who has at least some backround in taxation issues involving visa students and/or resident/non-resident aliens.

TMF Taxes
Roy

Want to learn more about taxes and investing? Then we have a deal for you!! The Motley Fool Investment Tax Guide is now available through Fool Mart. Be the first one on your block to own this masterpiece. It'll help you with your 1998 taxes, and it's never to early to start planning for your 1999 taxes. So just click on this link (http://www.foolmart.com/market/product.asp?pfid=MF+013+I) to read more about this amazing collection of tax information. (Apologies for the shameless plug…but it is a pretty good book…if I do say so myself). In addition, if you would like to visit the Taxes FAQ (Frequently Asked Questions) area, click on http://www.fool.com/school/taxes/taxes.htm and you'll be right at the home page. Check it out. Finally, if you need to get to the IRS web site, click on http://www.irs.ustreas.gov to go directly there.
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.