All posts in Sprintax

  • Top 5 Tax Myths International Students believe in – DEBUNKED!

    George Orwell once said: “Myths that are believed in tend to become true”.

    Well, there might be a grain of truth in what he said but not when it comes to taxes and the U.S. taxation laws.

    As an international student you are not supposed to know the US tax procedures concerning tax return filing by heart but at least you should be aware of the Top 5 tax myths that most international students tend to believe in. So do not walk around believing in “old wives’ tax tales and check the most common tax myths DEBUNKED here!

    Myth 1: Students are not obliged to file US tax return
    Busted: Regardless of the fact that you probably do not classify as an U.S. citizen or you have received no income throughout the previous year, you are required by the U.S. taxation law to file a tax return. Remember this!

    Myth 2: You can file your taxes any time during the year
    Busted: You should complete and submit your tax documents to the IRS by 15th of April for any income earned in the previous year. That means that tax returns for 2014 must be postmarked by 15th of April 2015.

    Myth 3: Not filing your tax return will not have any consequence for you
    Busted: Even if you haven’t earned any income and therefore you do not owe any money to IRS, not filing your taxes can still influence your future plans. You are obliged to file your tax return by the U.S. law and not complying with the law may affect your future visa applications. So why risk your visa status or even your permanent residency? Be sure to FILE your taxes!

    What’s more, if you have received any income during the tax year you could be entitled to get some of the taxes you paid back. If you do not file your tax return, you lose the opportunity to apply for your tax refund and get some extra money. Not to mention the penalties that IRS can impose on you.

    Myth 4: Non-resident students can avail of same tax credits and deductions as the residents
    Busted:Unlike resident aliens who avail of the same tax benefits which are available to the U.S. citizens, non-resident aliens cannot claim the same tax credits and deductions; such as filing a tax return online or education credits, for instance.

    But you can still be eligible to take advantage of ‘tax treaties’ signed between the United States and your home country, so make sure you check this. Sprintax has all credits and tax treaties relevant to non-resident international students already built in making Sprintax the easy option for tax filing for non-residents.

    Myth 5: You can file electronically
    Busted: Unlike the U.S. residents, the non-residents for tax purposes cannot file their tax return electronically. And by “electronically” we mean that you cannot submit your documents to IRS electronically. You can however rely on the help of an online tax preparation tool as Sprintax to help you with the complicated tax documents (and you better do!) but once done, you should print and post them to IRS.

    You have more burning questions for taxes? No worries, contact our great team- they got all the answers!

  • The New 2014 Tax Year Is Open

    Tax just got real


    IRS announced that the new 2014 tax filing season is open! We are very excited to share with you, that Sprintax is already up and running as we speak! Our team worked very hard, determined to get Sprintax ready and available for you from day one of the new tax filing season.

    • Are you resident or non-resident for tax purposes?
    • Do any international tax treaties apply in your case?
    • Do you have to file a State tax return?
    • Sounds confusing?

    If you’re not an accounting major (or even if you are!), it’s only natural US taxes seem tricky to you. Well it’s not for us!

    Sprintax is designed for international students and scholars in the US, to help you prepare your Federal, State and FICA tax returns and guarantees you stay fully-compliant with the IRS. What’s more, Sprintax looks through 350 Income tax deductions, international tax treaty benefits, personal allowances and different tax credits; to make sure you get the maximum legal income tax refund.

    All you need to do is answer a few easy-to-understand questions. Sprintax will guide you through the step-by-step process, and if you need any assistance, there is a 24/7 live chat help available. After the process is completed, Sprintax will instantly generate your documents and voila! All that’s left for you to do is sign the forms and post them to the tax office. It could not be any easier!

    Sprintax will safely store your records in your account for future reference. If you need to prepare tax returns for previous years, that’s ok too – Sprintax will do it for you using the same account. The great thing is, as a past user Sprintax will already have your personal details, and the process will be even faster! Check out the Video Demo to get an idea of how Sprintax works.

    Are you still reading this post? Get started with your taxes! The sooner you file your tax return, the better! If you are due a tax refund, you might just receive it in time for Spring break!

    And don’t forget to let us know if you enjoyed your Sprintax experience by completing a short survey.

  • End of 2014 Tax Year Is a Fact

    Time to get serious about taxes

    With 31st December already behind us, it’s time to start thinking about the upcoming filing season.  We know, we know… It’s hard enough to readjust to school after the holidays, without having to worry about taxes. And that’s why Sprintax is here to help!  Below, we’ve listed some useful tips to save you time and energy when it comes to taxes.

    Stay updated

    The tax season for Non- residents like yourselves doesn’t officially start until the IRS has released the tax forms for the new financial year. This usually takes place in the second half of January. In order to keep you informed, we created an option for you on the Sprintax website, which allows you to sign up for an instant update, the minute the IRS announces the new 2014 tax year is open. We will let you know, so you can focus on other important things. So sign up today

    Be one of the first to file

    As soon as we send out the word about the new tax filing season being open, we strongly advise you to visit the Sprintax website and get your tax return done as early as possible. The sooner you get this off of your To-Do-List, the better. April 15th seems far away now; however the deadline will be knocking on our doors in no time. The good news is, this way your documents will be processed fast and you will avoid any delays. The even better news is, if you’re due a tax refund, you’ll be getting it right on time for Spring break! Awesome, right?

    Be prepared

    Once you sit down in front of your computer to start completing your tax returns, here’s what you need to have handy:

    • Passport – Sprintax will need to gather some details about you and your Visa, which will be reported on the first page of your tax return
    • Entry/Exit dates in the US – reporting the history of your entry and exit dates is very important, as it has a lot to do with your residency status for tax purposes in the US.
    •  Payment documents – if you have received any income during 2014, you should have received a summary payment document. For example – W-2 from an employer if you worked; 1042-S from you university if you received a scholarship, etc. Check out our FAQ page for more information on payment documents.
    • Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN). (If you don’t have any of those assigned to you, Sprintax will help you out. Check out how by contacting the team.)
    • Form DS-2019 (for J-Visa holders) or Form I-20 (for F-Visa holders)
    • If you are using Sprintax for your State Tax Return(s) preparation only you will need a copy of your already prepared Federal Tax return.

    Most importantly, don’t forget the Sprintax team is available 24/7 to help you, guide you and answer any questions you may have about US taxes.

    We hope you find these tips useful, in the meantime, if you think of any questions or you need additional information, visit the Sprintax FAQ section or contact the team via the Live chat or by email.

  • Happy New Sprintax

    Introducing the marvellous redesign and great new features

    At Sprintax, we are always looking for new ways to make the tax filing experience faster, better, more efficient and comprehensive. Since Sprintax launched in 2013, it has been used by hundreds and thousands of international students to prepare their Federal and State tax returns. In the Sprintax team, we’re very proud of this – but we also know that the world in which Sprintax is changes every day. So it’s time for a new look for Sprintax.

    A newer, simpler and more modern design

    We’ve revamped the entire Homepage experience with a new look and feel to make it easier for you to navigate and access different sections of the website.  This simple and clean design helps you easily find the information that matters most to you.

    It’s not just about good looks

    Whether you’re a student or a Higher Education Institute, now you can easily access the relevant page that holds the information you need. We have also added an extended FAQ section, where we publish comprehensive answers of the most common questions. If the answer you are looking for is not there, the online customer help is just one click away.

    We looooove rewarding our customers

    We are happy to introduce the Sprintax Tell-a-Friend program. This scheme is designed for customers who want to help their friends with their tax return preparation and receive exciting rewards for it. Keep an eye out for more details to come on the Sprintax website.

    This is just the beginning of many more exciting, new features we plan to bring to Sprintax and offer more functionality this year.

    We will keep working hard to make self-tax return preparation even easier and faster for our customers.

  • Sports and Taxes

    Doesn’t matter how famous they are, professional athletes pay taxes, too.

    Better they perform, the more they stand to earn. But thanks to so-called “jock taxes,” they also stand to give a lot of that money.

    Check out some interesting stats presented in this infographic dedicated to sports and taxes.


    Infographic original source:

    Did you like this infographic? So why don’t you share it then?

  • NAFSA Fall Adventures 2014

    How will you remember Fall 2014? For you it might be an exciting new beginning as an international student in USA, for Sprintax team Fall 2014 is all about NAFSA.

    We were more than happy to be a part of 5 of the 11 regional NAFSA conferences that took place in different US regions in late October- early November this year.

    As any other NAFSA event, the regional conferences gathered together a lot of professionals, educators and companies, dedicated to international education and eager to share ideas, goals and projects. As we at Sprintax are constantly striving to be on cutting edge of new trends in order to meet the changing needs of our clients and partners, NAFSA regional conferences were an opportunity not to be missed. We had the chance to exchange valuable experience with international education professionals from all around the world, to meet many new partners with whom we shared new ideas, discussed future business opportunities and plans.

    One thing you should know about Sprintax is that we love giving away, so we just could not miss to do this during NAFSA regional conferences. All the NAFSA attendants who stopped by Sprintax booth had the amazing chance to win an iPod Shuffle. The lucky winner whose name was pulled out the draw was Anne Kaufman – Assistant Director at USC and the prize was received by her colleague Robyn Lewis. Another iPod Shuffle was donated by Sprintax for the silent auction that was held during the Lexington conference. It was sold for $35 which will be used for funding next year conferences.

    We are thankful to all NAFSA attendants for the wonderful experience.  See you next year!

    To find out how to become a Sprintax partner or hear more about what our customers say about us visit our website

  • Get ready for the new academic year with a new exclusive offer from Sprintax!

    The new Sprintax partnership offer is already live!  Have you heard of it?

    If you somehow missed it, there is still time to catch up with the latest Sprintax news. You might be aware that Sprintax is an online tax preparation tool that helps international students and scholars in USA file their tax returns. What you might not know is that Sprintax is constantly striving for the best, providing a service tailored to both, students’ and universities’ needs.

    Lots of US universities have already chosen Sprintax software to help their international students deal with the complicated and stressful tax matters. Now is the perfect time to join them! Choosing Sprintax tax filing solution means happy students, no tax workshops arrangements and dealing with tax procedures and laws during the academic season.

    Start the new semester with an amazing opportunity which will benefit both your university and students. All universities that sign up with us before August 31st will receive a limited offer from Sprintax. Along with the package purchased, you will receive additional FREE codes for federal tax return preparation.

    There are just a few weeks till August 31st – seize this great opportunity right here, right now at:

  • NAFSA 2014 Annual Conference & Expo at San Diego – Passion for international education

    If you wonder what event gathered international educators from all over the world in one place – the answer is the  NAFSA 2014 Annual Conference & Expo.

    This year the event took place in San Diego, California and brought together approximately 10,000 people – all passionate for international education, new business opportunities and knowledge.

    The conference program was made up of  – 45 workshops, more than 200 sessions with  inspiring guest speakers, experts in international education or related business fields; open meetings and discussions with attendees from more than 89 countries.

    The NAFSA  Conference & Expo always has a great atmosphere and gives organizations the opportunity to meet other educators and future business partners from all over the world. Its a chance to share experience and ideas, to meet people with similar interests and goals, to broaden both  educational and personal horizons. New opportunities were discussed and new partnerships established.

    Being a part of the educational world and a partner to US universities, helping their international students with their tax refunds, Sprintax could not miss the NAFSA San Diego conference. The Sprintax team was happy to catch up with some old friends and meet new ones; to discuss new ideas and projects, dedicated to the well-being of international students in USA.

    In order to make the event even more exciting, Sprintax organized an iPad competition. Congratulations to the lucky winner Doug Podoll, the director of International Education for the Board of Regents of the University System of Georgia!

     The Sprintax team was really inspired being a part of NAFSA 2014 Annual Conference & Expo. As John Dewey, a prominent American educational reformer, once said – “Education is life itself”.  We look forward to seeing you all again next year in Boston!

  • Sprintax wins Interactive Media Award

    Sprintax wins Interactive Media Award

    Sprintax wins award for an outstanding achievement

  • International students and scholars – file your tax return before the April 15th deadline!

    International students and scholars – file your tax return before the April 15th deadline