All posts tagged Tax refund

March 4, 2021

Everything Nonresidents Need to Know About the W-2 and 1099 Forms

Have you just received a W-2 form from your employer for the 2020 tax season?

If so, you may be asking yourself what it is and what you need to do with it.

Every year, nonresidents and international students who have earned an income in the US will receive a W-2 form from their employer – outlining wage and salary information. In addition you may also receive a form 1099 detailing different types of income received during the year e.g., self-employed income, interest on bank accounts, stocks bonds or dividends.

In this guide, we will outline how to use these forms when filing your tax return.

Continue reading “Everything Nonresidents Need to Know About the W-2 and 1099 Forms” »

No Comments / Tax Tips / Stacy
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January 25, 2021

3 Amazing things you didn’t know about last year’s tax season

Look, we get it.

Tax can be booooring!

But hear us out.

It’s not just all endless paperwork and deadlines, you know!

In fact, last year a LOT of Sprintax customers were entitled to big tax refunds.

How big?

Well, our average federal refund was well over $1,000.

Doesn’t sound so boring now, does it?

So, with that in mind, we put together this list of 3 amazing things you didn’t know about last year’s tax season.
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No Comments / Sprintax / Zoe Byrne
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July 8, 2020

Keep your tax records when Tax season is over. Here’s why

Here are the tax records you need to keep and how long you should keep them

When tax season ends it can feel like a big weight has been lifted off your shoulders – an opportunity to exhale and relax (until it all starts again next year that is!) But before you expel all tax topics completely from your mind, there is one final task you must complete.
Continue reading “Keep your tax records when Tax season is over. Here’s why” »

No Comments / Tax Tips / Stacy
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May 14, 2020

Don’t have an American bank account? Here’s how to get your hands on your tax refund from outside the US

$1,153.

That’s the average tax refund a Sprintax user receives for the 2019 tax year.

So it’s easy to see why claiming your US tax back makes so much sense.

But there’s just one problem.

Every year countless nonresidents experience complications when attempting to secure their maximum tax refund from the IRS.

For starters, the most straightforward way to receive your refund is to have it transferred to your bank account. However, the IRS will only transfer to US bank accounts and not to overseas accounts.

So, if you have left the US, or you don’t have an American account, what options do you have to receive your refund?
Continue reading “Don’t have an American bank account? Here’s how to get your hands on your tax refund from outside the US” »

No Comments / Tax Tips / Stacy
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March 9, 2020

The ultimate US tax guide for J-1 participants

Tens of thousands of people flock to the US on J-1 visas each year.

Every J-1 participant has a tax filing requirement, it’s the law!

Many J-1 visa holders are confused by the often tricky US tax jargon. However, it’s not as bad as it seems, and knowing even a little about your filing requirements can go a long way!

With this in mind, we’ve created a blog post that will answer some common queries from J-1 participants in the US! Continue reading “The ultimate US tax guide for J-1 participants” »

No Comments / J1 Taxes, Tax Guides / Stacy
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June 28, 2019

Which nationality claimed the largest US tax refund with Sprintax in 2019? The results are in!

At Sprintax we specialize in US tax prep and securing tax refunds for international students and J-1 program participants.

But just how many tax returns do we prepare each year? And how much money can our customers claim in tax refunds?

With tax season 2018 firmly behind us, we thought this would be a good time to crunch some numbers and find out!

Here’s what we found…
Continue reading “Which nationality claimed the largest US tax refund with Sprintax in 2019? The results are in!” »

No Comments / Sprintax / Stacy
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April 23, 2019

Where’s My Tax Refund?

Filed your tax return and wondering where your refund is? Here’s how you can keep up to speed with your refund

With your tax return safely filed, you’re probably wondering ‘how long will it be before I receive my tax refund?’

Fortunately you can now get information about your tax refund online.

Here’s what you need to know…
Continue reading “Where’s My Tax Refund?” »

No Comments / Tax Tips / Stacy
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September 19, 2018

Can the college I choose to enroll in affect my US tax bill?

Want to work while studying in the US? It’s important to be aware that tax rates differ greatly from State to State.

Continue reading “Can the college I choose to enroll in affect my US tax bill?” »

No Comments / Tax Tips / Stacy
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August 15, 2018

When can I expect my tax refund?

How long does it take the IRS to process an international student tax return?

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No Comments / Tax Tips / Stacy
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January 17, 2018

How the ‘Tax Cuts and Jobs Act’ affects every nonresident student in the US

What you need to know about the GOP tax reform

We examine how the Tax Cuts and Jobs Act of 2017 (TCJA) affects the tax obligations of US non-residents

In November 2017, President Donald Trump introduced a ‘Tax Cuts and Jobs Act’ that will have wide-ranging consequences for all US tax payers.

There has been much confusion surrounding the new bill and tax payers have been keen to work out what the changes will mean for their pockets.

Below we take a look at how the bill will affect the future tax obligations of US non-residents. Most of the changes have taken effect from January, 2018 and will change methods of withholding and the way non-residents will be taxed throughout 2018.

It’s important to note that these amendments do not affect the 2017 tax return filing season.

Continue reading “How the ‘Tax Cuts and Jobs Act’ affects every nonresident student in the US” »

No Comments / Sprintax, Tax Tips / Zdravka Zlateva
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January 8, 2018

How to maintain a valid F-1 visa status

Can I leave and return to the US on an F-1 visa?

Am I entitled to work during the semester?

How long can I stay in the country after my program is finished?

To find out more about filing tax returns as an F-1 visa student, check out this guide.

Continue reading “How to maintain a valid F-1 visa status” »

No Comments / Student Life, Tax Tips / Stacy
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February 27, 2017

I am an international student in US, how can I get a full refund of taxes paid?

Many international students on F-1, J-1, M-1 and Q engage in practical training and earn income through one of the USCIS (United States Citizenship and Immigration Services) approved programs or participate in on-campus and off-campus employment during or post-study.
Continue reading “I am an international student in US, how can I get a full refund of taxes paid?” »

1 Comment / Tax Tips / Stacy
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May 13, 2015

Smart Ways to Spend Your US Tax Refund

Wondering how to spend your tax refund from the IRS?

About 13% of Americans will put their tax refund towards an amazing vacation and 39% will use it to pay down their debts, according to a study from 2015 conducted by the National Retail Federation.

How will you spend yours?

A big refund might feel like you’ve hit the jackpot, but it’s not always wise to spend it all at once. You might consider a more practical plan for your cash.

Here are some tips on how to spend your tax refund wisely:

Continue reading “Smart Ways to Spend Your US Tax Refund” »

1 Comment / Student Life / Stacy
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