Texas State University San Marcos International Student Orientation

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Texas State University. San Marcos International Student Orientation - Nonresident Alien Tax Issues

Texas State University. San Marcos International Student Orientation - Nonresident Alien Tax Issues

Topics to be Covered • • • Types of Student Visas Residency Status Taxable

Topics to be Covered • • • Types of Student Visas Residency Status Taxable Income Requirements if a Student will be earning Income • Filing Annual U. S. Tax Return • Contacts for Nonresident Alien Tax Issues at Texas State University?

Types of Student Visas used to enter the U. S • F-1 – Issued

Types of Student Visas used to enter the U. S • F-1 – Issued to individuals for the primary purpose of studying. May be issued limited work authorization on campus. • F-2 – Issued to dependents (Ex: Spouse and/or children of an F-1 Visa Holder). May be authorized to study but is “not” authorized to work.

Types of Student Visas used to enter the U. S (Cont. ) • J-1

Types of Student Visas used to enter the U. S (Cont. ) • J-1 – Exchange Visitor: Student – Visa Issued for the purpose primary purpose of studying. May be issued limited work authorization on campus. • J-2 – Exchange Visitor: Dependents (Ex: Spouse and/or children of an J 1 Visa Holder). Allowed to study and may work with BCIS authorization.

Residency Status • NRA (Nonresident Alien) for tax purposes • Present in the U.

Residency Status • NRA (Nonresident Alien) for tax purposes • Present in the U. S. for the first 5 years – exempt years from FICA and Medicare Taxes • RA (Resident Alien) for tax purposes • Present in the U. S. for more than 5 years

Tax Status in the U. S. • NRA (Nonresident Alien) – F-1 or J-1/J-2

Tax Status in the U. S. • NRA (Nonresident Alien) – F-1 or J-1/J-2 Student who has been in the U. S. for less than 5 Years. If this student earns “Taxable Income” in the U. S. , they must file a U. S. NRA Tax Return • 1040 NR or 1040 NR-EZ • RA (Resident Alien) – F-1 or J-1/J-2 Student who has been in the U. S. for more than 5 Years. If this student or their dependents earn “ Taxable Income” in the U. S. , they must file a regular U. S. Tax Return • 1040 or 1040 -EZ

What is “Taxable Income” in the U. S. ? • Income (received from being

What is “Taxable Income” in the U. S. ? • Income (received from being employed on campus as a Student Worker or Graduate Teaching Assistant, Research Assistant or Instructional Assistant. • Stipend paid to a Student on a Scholarship/Fellowship for Living Expenses (Ex. Student Athlete receiving a monthly stipend check) • Cash Prize or Award won by a Student

Requirements if a Student will be receiving Income in the U. S. • If

Requirements if a Student will be receiving Income in the U. S. • If working on campus, Schedule an Appointment with Sally Moss, Nonresident Tax Specialist to complete the required paperwork. • If you received a scholarship for living expenses, Schedule an Appointment with Marcy Young, Tax Specialist to complete the required paperwork.

Requirements if a Student will be receiving Income in the U. S. (Cont. )

Requirements if a Student will be receiving Income in the U. S. (Cont. ) Supporting Documents- to be brought with you to your appointment • Passport page with expiration date of passport • Visa • I-94 • I-20 or DS 2019 • Completed Foreign National Information form • Social Security number or receipt of filing application for number

Requirements if a Student will be receiving Income in the U. S. (Cont. )

Requirements if a Student will be receiving Income in the U. S. (Cont. ) • During your appointment, you will be informed about Tax Treaties between the U. S. and 60+ Countries which may exempt some or all of the Federal Tax required to be deducted from your income.

Filing Annual U. S. Tax Return • In late January of each year, you

Filing Annual U. S. Tax Return • In late January of each year, you may receive a W-2 for wages earned and /or a 1042 -S for Scholarships/Fellowships, Prizes/Awards and/or Tax Treaty Wages during the previous calendar year from the Payroll or Tax Specialist Offices • Tax Returns must be filed by April 15 for income received for the previous Calendar Year ( January 1 – December 31) • The International Office will email you information regarding CINTAX software to be used to complete your tax return.

Who Handles “Employment” Nonresident Alien Tax Issues at Texas State University? • Sally Moss,

Who Handles “Employment” Nonresident Alien Tax Issues at Texas State University? • Sally Moss, Nonresident Tax Specialist and Payroll Services Assistant • Campus Office: J. C. Kellam Bldg (JCK), 5 th Floor, Payroll Office -Room 582 • Phone Number: (512) 245 -8310 • Office Hours: Monday – Friday. 9 – 11: 30 a. m. and 1: 30 – 4: 30 p. m. Please either call or e-mail sm 15@txstate. edu for an appointment

Who Handles “Scholarship or Prize/Award” Nonresident Alien Tax Issues at Texas State University? •

Who Handles “Scholarship or Prize/Award” Nonresident Alien Tax Issues at Texas State University? • Marcy Young, Tax Specialist • Campus Office: J. C. Kellam Bldg (JCK), 5 th Floor, Director of Accounting Office Room 520 • Phone Number: (512) 245 -8708 • Office Hours: Monday – Friday. 9 – 11: 30 a. m. and 1: 30 – 4: 30 p. m. Please either call or e-mail my 13@txstate. edu for an appointment

Sally Moss JCK 582 – (512) 245 -8310 – sm 15@txstate. edu Marcy Young

Sally Moss JCK 582 – (512) 245 -8310 – sm 15@txstate. edu Marcy Young JCK 520 – (512) 245 -8708 – my 13@txstate. edu