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santho

Working as a Independent contractor in STEM OPT & CPT during second masters

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Hi. I’m currently in STEM OPT & working n company A. My STEM OPT is going to end by Jan 2019. So I have joined a univ for second masters which offers CPT. My current job contract with company A expires on Dec2018. Right now, I got placed in a diff company (B). Offer with company B is “independent contractor” & they have mentioned in contract that they will provide me form 1099. My question is whether to take up the job offer from Company B? Am I good to work for company B from now(Nov2018) during STEM OPT as independent contractor and am I eligible to work as INDEPENDENT CONTRACTOR for company B during my Day1 CPT? Yes,CPT is allowed by my university. How about the tax filing for independent contractor? Will there be any problem if I file my H1 in future with any employer ? Am confused whether to take this offer from Company B. Need some help

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just because CPT is 'allowed' by a univ does not mean that the situation is not shady...an independent contractor is NOT an employee....it is often a way that a 'company' avoids paying taxes and social security payments to said person...to save money and to enter the 'shady' zone.

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First, your OPT is over as soon as you enrolled in another university.
A cons, no real university gives out CPT from day one. What you are doing is abuse of CPT. It kills your future in the US.

 

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