Transcript Document
INTERNATIONAL STUDENTS TAX WORKSHOP 2014 INTRODUCTORY ITEMS • Entered the U.S. in 2014? • Tax Treaty Country? • What country are you from? • Type of Visa? • Married to a U.S. resident or citizen? Nonresident Students Filing Requirements All F, J, M, and Q status holders must file a Form 8843 to substantiate non-residence and possibly a Form 1040NR-EZ or Form 1040NR. FILING REQUIREMENT You must file Form 1040NR-EZ or 1040NR if you have: 1. Wages or Scholarship Income Exempt by Treaty 2. Wages of $3,900 or more 3. Taxable Scholarship Income 4. A Refund Due of Taxes Withheld Consequences of Failure to File • You may lose a refund you are entitled to. • You may jeopardize your immigration status. Nonimmigrant alien status requires that the individual not violate any U.S. laws, including tax laws. International Students (F& J) Nonresident Alien Status Includes immediate family members 5 year test All must file Form 8843 FORM 8843 Complete only if not required to file 1040 NR FORM 8843 Sign and date Mail To: Department of the Treasury Internal Revenue Service Center Austin, TX 73301-0215 FORM 1040NR 4,400 300 150 $2,000 04 $131 15 $960 Box 1 4,400 Amount on Line 11 is last year’s state refund plus $10 Box 2 $960 Box 2 $2,000 04 Box 17 300 Everyone 74 Box 2 Box 7 150 $131 Finishing the Return • Attach 8843, W-2 and 1042-S • Sign & date • Keep copy • Mail by April 15 Mail To: Internal Revenue Service Center Austin, TX 73301-0215 IDAHO RETURN Filing Requirements • Nonresident – Income over $2,500. File Form 43. • Any person who had Idaho income tax withheld can file even if not required to do so. FORM 43 Taxable Scholarship Line 12 1040NR SCH - $960 Wages & Taxable Scholarship Ln 8 + Ln 12 1040 NR Ln 23 – 1040NR Ln 11 – 1040NR Ln 38 – 1040NR Box 17 – W-2 16 300 Finishing the Idaho Return • Attach W-2s and 1042Ss • Sign & date the return • Attach complete copy of Federal Return • Keep copy • Mail by April 15th Mail To: Use Envelope in Packet or Mail To: Idaho State Tax Commission P. O. Box 56 Boise ID 83756-0056 SOCIAL SECURITY TAX Social Security Tax You are NOT subject to Social Security and Medicare tax withholding on your wages if: You have on campus employment You are authorized for Curricular or Optional Practical Training You are authorized for employment due to Economic Hardship FICA REFUNDS When withheld in error: - Ask employer for refund. If employer is unable to refund these taxes, request statement. - If not refunded, use IRS Form 843 and Form 8316 to request refund.