do students on F-1 visa need to declare dividends and interest income for taxes?
2007-09-17 07:15:26 · 3 answers · asked by Raaj 2 in Business & Finance ➔ Taxes ➔ United States
Yes, everybody is required to pay state and federal income tax. You must file a return. Your visa status has effect on income you earn in the US.
All money earn in the US is subject to taxes. The interest and dividend income may not qualify for taxation because the amount is so small, but you are required to file a return.
2007-09-17 07:47:10 · answer #1 · answered by satrurn1256 2 · 0⤊ 0⤋
Basically Edmond's Community College would have to sponsor you. That is they would have to petition the Govt for the visa to attend the school. Meaning your visa will be a school visa, but your family would be your financial support. However, in these cases the family needs to file an affidavit of support, but usually will have nothing to do with whether you get a student visa or not. It is only helpful to have an affidavit of support. Rarely does a community college sponsor foreign students. Most schools that do this maybe religious colleges, that is a college operated by a religious group and other private colleges. A community college is a Govt college, Edmond's. Therefore, it is unlikely that the Edmond's Govt Dept of Education will petition the US Govt for the visa to attend the school.
2016-05-17 05:53:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If earned in the US, yes they must.
2007-09-17 07:34:41 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋