INTERNATIONAL STUDENTS TAX WORKSHOP 2016

INTRODUCTORY ITEMS Did you have health insurance you purchased from the Health Insurance Marketplace?

INTRODUCTORY ITEMS Entered the U.S. in 2016? What country are you from? Tax Treaty Country? Type of Visa? Married to a U.S. resident or citizen in 2015? 5 year test

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 $4,000 or more 3.Taxable Scholarship Income 4.A Refund Due of Taxes Withheld 5.If you received a Form 1095-A

If you received a Form 1095-A, you will need to complete the Form 8962 and include this form with your Form 1040NR.

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 All must file Form 8843

Boise State University has purchased a software package to assist international students in preparing their U.S. Federal Tax Returns. If you would like to use this software please access it through your Glacier login. The link will say, “Complete my U.S. tax return using GLACIER Tax Prep.” If you use Glacier Tax Prep to prepare your U.S. Federal Tax return you can skip to slide 53 of this PowerPoint after you finish GTP. You will use your federal return to prepare your State of Idaho Income Tax Return. Please review the guidelines for Idaho Income Tax filing requirements!

FORM 8843

Complete only if not required to file 1040 NR

LINE 9 BOISE STATE UNIVERSITY 1910 UNIVERSITY DR. BOISE ID (208) LINE 10 MERRILOU BURRIS – PROGRAM DIRECTOR BOISE STATE UNIVERSITY 1910 UNIVERSITY DR. BOISE ID (208)

FORM 8843 Sign and date

Department of the Treasury Internal Revenue Service Center Austin, TX Mail To:

FORM 1040NR

4,

04 $2,000 Treaty Exempt Income

15 $960 $131 Taxable Income

PLEASE NOTE: If you request a refund of tax withheld on a Form 1042-S by filing a Form 1040NR, the IRS will need additional time to process the return. Please allow up to 6 months from the the date you actually filed the 1040NR to receive any refund due.

Box 1

4,400

Amount on Line 11 is last year’s state refund plus $10

Box 2

$960

Box 2

$2,000

India - $6,300

Box 17

300

Everyone

64

Box 2 Box 7

150

$131

Finishing the Return Attach 8843, W-2 and 1042-S Sign & date Keep copy Mail by April 18

REFUND: Department of the Treasury Internal Revenue Service Center Austin, TX TAX DUE: Internal Revenue Service P.O. Box 1303 Charlotte, NC Mail To:

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

SCH - $960 Line NR Wages & Taxable Scholarship Taxable Scholarship Ln 8 + Ln NR

Ln 23 – 1040NR

IDAHO SUBTRACTIONS 1. IF YOU ENTERED A STATE TAX REFUND ON 1040NR, LINE 11, IT SHOULD BE SUBTRACTED OUT ON FORM 39NR. 2.IF YOU PAID FOR HEALTH INSURANCE IN 2015, YOU CAN DEDUCT THE AMOUNT PAID ON FORM 39NR.

Ln 11 – 1040NR

Health Insurance Paid

Ln 38 – 1040NR Box 17 – W-2

8

8

300

Finishing the Idaho Return Attach Idaho Form 39NR Attach W-2s and 1042Ss Sign & date the return Attach complete copy of Federal Return Keep copy Mail by April 18th

Use Envelope in Packet Mail To: or Mail To: Idaho State Tax Commission P. O. Box 56 Boise ID

SOCIAL SECURITY TAX

Social Security Tax NOT 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.