Subject: EIC for lads

From: [email-masked] (Mi Mi)
Date: Sat, 26 Mar 94 17:14:37 CST

The CSPA tax stuff has been floating around on this net for days. Honestly
speaking, no body can give a clear cut view for how to cut taxes. That is
why there are so many professionals out there reaping the cash during tax
season. 

Which way is better realy dependes on your situations. As CSPAer, you 
can not use 1040NR, or at least use both 1040NR and 1040, as dual status.
Pub 519 containes the instructions on how to file dual status. Pub. 901
gives the treaty text. All of those can be found at your foreign student
advisor's office. Basically, the main point is to calculate under your 
situation, which approach gives you the most non-taxable amount. Remember,
scholarships and fellowships is taxable when you file 1040, only the portion
spent for the tuition and course-related expenses are nontaxable. Read the 
1040 carefully. If you file 1040, you get $3,100 + $2,350 standard deduction
each pereson, if you file 1040NR, that is $5,000+$2,350 for yourself only. 

I found an accountant even for myself. That is impossible for me to answer
everyone's questions. Ask you for your patience and time.

For those signoffs, please keep my signature for your future use. When
netters come all over the country to join this net, that means somebody
IS GIVING SOMETHING here. Please respect the others. Please clean up
after yourselves when you finished being served. If you really have 
difficulties signoff by yourselves, send a message to [email-masked]
for help, and please say "Thank You!" At least we DESERVE this, your stay
with us for so long is the proof. Thank you for being with us.

Mi Mi Sr.

%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%   
% Mr. Mi Mi, Sr., Member of Lads-Net Committee                %
%                 & In-State-Tuition Task Force               %       
% Sign on/off at [email-masked], with mailbody as:   %
%    sub lads-l Firstname Lastname, or signoff lads-l         %
%    sub tuition-l Firstname Lastname, or signoff tuition-l   %
% Post at [email-masked], or [email-masked]  %
% Anonymous ftp at spike.rice.edu, in /lads/ or /tuition/     %
% Sign our petition letter at [email-masked].        %
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%   
% Mr. Mi Mi, Sr., Member of Lads-Net Committee                %
%                 & In-State-Tuition Task Force               %       
% Sign on/off at [email-masked], with mailbody as:   %
%    sub lads-l Firstname Lastname, or signoff lads-l         %
%    sub tuition-l Firstname Lastname, or signoff tuition-l   %
% Post at [email-masked], or [email-masked]  %
% Anonymous ftp at spike.rice.edu, in /lads/ or /tuition/     %
% Sign our petition letter at [email-masked].        %
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%