2011 Tax question : unemployed then 1099 contractor and later a full time employee?

2011 Tax question : unemployed then 1099 contractor and later a full time employee?
I came back to United States after a gap of 2 years in May 2010. I was Unemployed until August 30. From September 1 to October 30, I had been working as 1099 contractor for a company and earned a gross amount of $8500. After that I became a full time employee of another company. How do I file my tax return in this case? Will the unemployment period help me in reducing my taxes?


Answers:

the tax lady:  How the heck did you work as a contractor if you were on a visa. L1 visas are for interoffice transfers and you should have been issued a W-2. Same for H1Bs. As for 2010, first you determine if you were a resident alien, non-resident or dual status for the year. Since you returned in May, you appear to have 183+ days, but that makes you dual status. (You could only be a resident if you had a green card and activated it by being the USA BEFORE 2010.) On a dual status return, you file a 1040 *and* a 1040NR. The income from Jan-to-may is not included unless it's US source income. You use a schedule C and SE to file the contractor income and pay the 15.3% SE tax. You do NOT get a standard deduction. See the sample dual status return in irs publication 519.
2011-01-17 12:57:34
Chosen Answer
Alvi:  did you stayed since may2010 to 31-dec-2010.. in US... if you stayed continiously 183 days.. in US.. you have to submit all your income documents (W-2, 1099's) under the form 1040.. if you like to evaluate your tax.. you can send the detail on "taxinfo@globalprimetaxation.com" you will get back with experts within 12 hrs...
2011-01-17 13:10:28