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TaxPresentation.ppt - INTERNATIONAL STUDENTS TAX WORKSHOP...

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INTERNATIONALSTUDENTSTAX WORKSHOP2019
INTRODUCTORYITEMSDid you have healthinsurance you purchasedfrom the Health InsuranceMarketplace?
INTRODUCTORY ITEMSEntered the U.S. in 2019?What country are you from?Tax Treaty Country?Type of Visa?Married to a U.S. resident orcitizen in 2018 or prior?5 year test
Nonresident StudentsFiling RequirementsAll F, J, M, and Q status holdersmust file a Form 8843 tosubstantiate non-residence andpossibly a Form 1040NR-EZ orForm 1040NR.
FILING REQUIREMENTYou must file Form 1040NR-EZ or1040NR if you have:1.Wages or Scholarship Income Exempt byTreaty2.Wages of $5 or more (India $12,000)3.Taxable Scholarship Income4.A Refund Due of Taxes Withheld5.If you received a Form 1095-A
Consequences of Failure to FileYou may lose a refund you are entitledto.You may jeopardize your immigrationstatus. Nonimmigrant alienstatusrequires that the individual notviolate any U.S. laws, including tax laws.
Consequences of Filingas a ResidentYou get too large of a refundNonresidents cannot get:Standard DeductionEducation CreditEarned Income Tax CreditClaiming can cause you to repaycredits and large penalties and interest.

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Term
Fall
Professor
roces
Tags
Taxation in the United States, Idaho State University

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