Wednesday, December 28, 2011

Taxes for International Students on Optional Practical Training or OPT

International Students on F1 Visa who come to United States for Higher Studies like Bachelors Degree or Masters Degree get a Temporary Work Authorization called Optional Practical Training or OPT with Form I-766 or EAD in their field of Study for a period of 12 Months and can be extendable up to 29 Months.
During Optional Practical Training or OPT International Students Does not have to Pay Social Security and Medicare Taxes ie FICA Taxes.
Many Universities who offer on campus employment are aware of Taxation Laws or Benefits of International Students and Few Companies who are unaware of Taxes on Optional Practical Training or OPT for International Students on F1 Visa withheld Social Security and Medicare Taxes ie FICA Taxes from their Pay Check.
If you are in the above Situation where your Employer withheld Social Security and Medicare Taxes ie FICA Taxes from your pay check when you are on OPT, you have two options.
i.                        Try to get with your employer if they can reimburse the Social Security and Medicare Taxes ie FICA Taxes,
If your employer cannot reimburse the Social Security and Medicare Taxes ie FICA Taxes go for the below option.
Or
ii.                   File IRS Form 843 to Claim Social Security and Medicare Taxes ie FICA Taxes Refund.
US Visa Taxes offers expert advice in getting your Social Security and Medicare Taxes ie FICA Taxes reimbursed. 
Please Contact US for More information about How to Claim your Social Security and Medicare Taxes ie FICA Taxes back when it was Accidentally withheld from your Pay Check when you are on Optional Practical Training OPT on F1 Visa.
For any questions related Visa Taxes please contact :  US Visa Taxes

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