[quote="nelsona"]I wouldn't worry too much about it, but for $500, I would stop below $10K.
You will still have to pay fed, state, SS, and medicare, and these will be withheld. By earning less than $10K, you will be refunded the fed tax, but you will still have to file a 1040NR to get it back. and ...
Search found 2 matches
- Sun Jun 24, 2012 3:09 am
- Forum: Canada / United States Tax & Accounting
- Topic: better to earn 10000 instead of 10500?
- Replies: 3
- Views: 2121
- Fri Jun 22, 2012 10:05 pm
- Forum: Canada / United States Tax & Accounting
- Topic: better to earn 10000 instead of 10500?
- Replies: 3
- Views: 2121
better to earn 10000 instead of 10500?
Hi everyone,
I am a Canadian citizen working in US as non-resident alien for a summer internship. Currently, I will be earning 10500 dollars by the end of the summer. According to the Canada-US treaty clause XV, if I earned less than 10000 dollars, then I should not be taxable by the US government ...
I am a Canadian citizen working in US as non-resident alien for a summer internship. Currently, I will be earning 10500 dollars by the end of the summer. According to the Canada-US treaty clause XV, if I earned less than 10000 dollars, then I should not be taxable by the US government ...