All posts by

  • Filing 1042-S Form – A Comprehensive Guide

    Preparing a 1042-S isn’t an easy task, and to make matters worse, filing incorrectly can lead to penalties, fines and unnecessary stress.

    But not to worry, today we will address some of the most common questions associated with filing a 1042-S: What is a 1042-S? How do I know what income to report? What deadlines should I be aware of when filing a 1042-S? Should I be aware of any recent changes to the document?

    In this blog post, we’ll explain everything you need to know about the 1042-S!

     

    Continue reading “Filing 1042-S Form – A Comprehensive Guide” »

  • J-1 visa taxes explained – the ultimate US tax return guide for J-1 visa holders

    J1 visa tax return guide 2022

    Tens of thousands of people flock to the US on J-1 student 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 “J-1 visa taxes explained – the ultimate US tax return guide for J-1 visa holders” »

  • J-1 비자 세금 설명 – J-1 비자 소지자를 위한 최종 미국 세금 신고 안내서

    J-1 비자 소지자를 위한 최종 미국 세금 신고 안내서

    매년 수만 명의 사람들이 J-1 학생 비자로 미국을 찾습니다.

    모든 J-1 비자 소지자들은 세금 신고 의무가 있으며, 이는 법률에 규정되어 있습니다! 많은 J-1 비자 소지자들은 종종 어려운 미국 세금 용어 때문에 혼란스러워합니다.

    하지만 그렇게 어려운 문제는 아니며, 신고 요건에 대해 알고 있다면 많은 도움이 됩니다!

    이에 따라, Sprintax는 미국에서 J-1 비자 소지자들의 일반적인 질문에 대답하는 블로그 포스트를 작성했습니다!

    Continue reading “J-1 비자 세금 설명 – J-1 비자 소지자를 위한 최종 미국 세금 신고 안내서” »

  • I am a nonresident in the US. Can I claim any tax treaty benefits?

    US tax treaties guide

    (Last updated: 23 Feb 2024)

    What are tax treaties and how can they help you save money at tax time?

    If you’re a nonresident alien in the US, you may be wondering if there are any tax reliefs available which can help you save money on your tax bill.

    While the answer to this question is likely “yes”, exactly what you will be entitled to will depend on your personal circumstances.

    The best place to start is by checking whether or not you are entitled to any tax treaty benefits.

    The US has signed tax treaty agreements with 67 countries around the world and if you are entitled to benefit from one of these agreements, you could potentially save a lot on your taxes.

    In this guide, we are going to take a closer look at tax treaty benefits – what they are and exactly how you can claim them.

    Continue reading “I am a nonresident in the US. Can I claim any tax treaty benefits?” »

  • OPT 중인 유학생을 위한 궁극적인 세금 가이드

    OPT 중인 유학생을 위한 궁극적인 세금 가이드

    (최종 갱신일 : 2024년 02월 23일)

    OPT란?

    OPT(Optional Practical Training)는 F-1를 소지한 유학생들이 12개월 동안 미국에서 일할 수 있도록 실습 기회를 제공하는 제도입니다. STEM(Science, Technology, Engineering, Mathematics) 전공자는 12개월에서 24개월까지 실습 기한을 연장할 수 있습니다.

    대개 대학 졸업 후 OPT를 수료하며, 9개월 이상 학위 과정을 밟고 전공 분야에서 일할 자격과 실무 지식을 갖춘 후 OPT를 하기도 합니다.
    Continue reading “OPT 중인 유학생을 위한 궁극적인 세금 가이드” »

  • Налоговые соглашения США: в чем его суть?

    Налоговые соглашения США

    Что такое налоговые соглашения и как они могут помочь вам сэкономить деньги в налоговое время?

    Если вы иностранный студент в США, налоговое соглашение может принести вам выгоду! Многие иностранные студенты в США могут воспользоваться налоговыми соглашениями между Соединенными Штатами и их родными странами. Если вы никогда не слышали об этом, не волнуйтесь, мы здесь, чтобы рассказать вам!
    Continue reading “Налоговые соглашения США: в чем его суть?” »

  • How to determine FICA tax exemption for your nonresident employees

    Withholding Fica tax on nonresident employees

    The tax withholding of nonresident alien employees has become a big issue for payroll offices in organizations across the US.

    One issue that has become particularly tricky for payroll staff is the proper determination of FICA tax exemption. Continue reading “How to determine FICA tax exemption for your nonresident employees” »

  • Tax guide for summer camp counselors on J-1 visa

    J1 tax return summer camp counselors in 2024

    The camp counselor program allows you to share your culture and ideas while working in a camp setting in the US.

    To take part in the camp counselor program, you need a J-1 cultural exchange visa. This visa allows non-immigrant aliens to temporarily live in the US to participate in the summer camp.

    Generally, J-1 camp counselors are considered nonresidents for tax purposes. You must fill out important tax documents when you arrive at the camp, and your camp director can help you with this. Continue reading “Tax guide for summer camp counselors on J-1 visa” »

  • Sprintax is Now LIVE For Nonresident Federal E-Filing

    Sprintax Federal efiling live 2023 tax year

    It has never been easier to file your nonresident US federal tax return.

    We are thrilled to announce that Sprintax – the best online solution for nonresident federal and state tax returns – is now live for Federal E-Filing.

    This means that, by completing the easy Sprintax questionnaire, you can file your 2023 federal return directly with the IRS online.

     

    What is E-Filing?

    Sprintax is now approved by the IRS to submit Federal tax returns electronically (E-Filing).

    In short, this means you no longer need to download, print and mail a physical copy of your tax return to the US tax office. Instead, you can now file your federal tax return without ever having to leave the comfort of your own home.

    By E-Filing your tax return, you can ensure that your taxes are processed by the IRS faster than if you filed a paper tax return.

     

    File 1040NR Online

     

    How does E-Filing with Sprintax work?

    When you complete the Sprintax questionnaire and proceed through the order breakdown and payment stage, you will be ready to submit your 2023 US tax return.

    If you wish to E-File your taxes, you must firstly confirm that you have not previously E-Filed your tax return before.

    You can then click the ‘Proceed with E-File’ button to move to the next step.

     

    E-File Authentication

    To E-File your tax return you must first electronically sign your tax return using the information requested on the screen.

    Before you can sign your return, we must verify your identity. To do so, we will ask you to provide information from your previous federal tax return.

    If you filed a federal tax return last year, you can either provide your prior year adjusted gross income or your self-selected 5-digit pin.

    You can find your adjusted gross income on line 11 of your 2022 1040NR. Please ensure the information you provide here is correct.

    If you did not file a tax return for tax year 2022, please enter ‘0’ as your prior year adjusted gross income.

    If you filed an amended tax return for tax year 2022, please enter the adjusted gross income listed on the return you filed originally.

     

    Electronically signing your tax return

    You will be required to select any 5-digit number (other than 00000) to electronically sign your tax return. Ensure you keep a record of this pin in a safe place.

    You will need to acknowledge that this pin is your signature and that and that you are now authorizing transmission of your return.

     

    Final steps

    Next, you must read the disclaimer and consent statements and confirm your agreement and that you have reviewed the information that you have entered and examined your tax return.

    You will also need to confirm that the social security numbers of each person on the return are correct.

    You must then sign the above consent disclosure by entering your date of birth.

    Finally, simply click ‘E-File My Return’ to electronically send your tax return to the IRS.

     

    Can I E-File my state taxes with Sprintax?

    No. You can only E-File your federal tax return with Sprintax.

    However, if you are required to file a state tax return, Sprintax will help you to prepare the documents you need.

    When you complete our questionnaire, our software will provide you with your completed state tax return.

    To file your tax return, simply download, print and sign your documents and mail them to the tax office.

     

    Can I E-File for tax years prior to 2021?

    At present, E-Filing is only available for the 2021 tax year and later years.

    However, Sprintax can help you to prepare the tax documents you need for prior tax years.

    Can everyone E-File their federal taxes?

    No.

    You will not be able to file online if:

    1. Any names or SSN do not coincide with the information provided at the About You step of the Sprintax questionnaire
    2. Any of your payment documents do not have an EIN
    3. Any of your 1042-S forms do not have a unique code identifier
    4. You have capital gains income
    5. You have form 1099-NEC
    6. You have form 1099-INT
    7. You have form 1099-MISC with box 4 higher than box 0
    8. You have included your final payslip
    9. You have self-employment income

    If you are not eligible to E-File your taxes, don’t worry. You can still download your completed forms from Sprintax and mail them to the IRS

    Note: If your W2 forms do not have a control number you must enter any 5 digit number instead.

     

    Do I have to E-File my tax return?

    No. If you would prefer not to file your taxes online, you can file by mail instead. Simply download your tax return, print it, sign it, and mail it to the IRS.

     

    When is the tax filing deadline?

    It is important to file your tax return before the 15 April 2024.

    If you owe the IRS money and you don’t file your tax return by the deadline, you may incur late filing fines and penalties from the IRS. You may also jeopardize your future US visa applications.

    What’s more, 70% of Sprintax users receive a tax refund. By not filing, you risk missing out on your tax refund.

    The average federal refund is $1,004. Do you really want to leave that kind of money in the US? Of course not!

     

    E-File your 1040NR US tax return with Sprintax

    File 1040NR Online

     

    Who must file tax documents in the US?

    Every nonresident in the US has a tax filing requirement.

    If you earned income in the US, you will be required to file a federal tax return. You may also have a state tax filing requirement.

    Nonresident aliens who are in the US on a J or F visa must file a Form 8843 “Statement of Exempt Individuals and Individuals with a Medical Condition” even if they received no income in the US.

    No matter what nonresident tax document you need to file, Sprintax can help you.

    Get started with your US nonresident tax return here.

     

    Why choose Sprintax?

    Sprintax will cater to all of your nonresident tax filing requirements.

    • We help more than 215,000 nonresidents (from over 200 nationalities) with their taxes every year
    • We are now live for Federal Tax Return E-Filing
    • Automatic generation of completed tax documents including federal, state and FICA tax returns, form 8843, tax return amendments and more
    • Your maximum US tax refund guaranteed – our average federal refund is $1,004
    • 24/7 Live Chat tax support

     

    How to get started

    To file your US federal tax return online with Sprintax, simply create your account or login here.

    Next, we will ask you a couple of easy questions about your time in the US and the income you earned.

    Our software will then automatically apply any treaty benefits or tax relief you are entitled to – minimizing your tax bill!

    You will then have the opportunity to either E-File or download your completed documents.

    It’s that easy!

     

    E-File your tax return with Sprintax

    Start here

     

  • Nonresident alien tax filing explained

    NRA tax guide

    Last updated: 26 Jan 2024

    Whether you are dreaming of a trip to the US, or you are about to embark on one, the prospect of jetting off to The Land of Opportunity is bound to be exciting.

    While you get to grips with the culture in the US, one area that often confuses nonresidents is tax.

    That’s why Sprintax is here!

    We specialize in making tax as straightforward as possible to newcomers in the US.

    So, without further ado, here’s our ultimate guide to filing taxes as a nonresident in the US. Continue reading “Nonresident alien tax filing explained” »

  • A Complete Tax Guide for Au Pairs in the U.S.

    au pair paying taxes

    (Last updated: 22 Jan 2024)

    Each year, thousands of au pairs move to the US to live with host families.

    We’ve put this handy guide together to fill you in on everything you need to know about foreign au pairs and tax in the US.

    Continue reading “A Complete Tax Guide for Au Pairs in the U.S.” »

  • Filing an international student tax return – U.S. tax season survival guide for students on F-1 visa

    F1 International student tax return guide 2023

    A handy tax guide for international students and scholars in the US on an F-1 visa

    Tax filing might not be the most exciting aspect of international student life in the US.

    After all, tax returns for international students probably weren’t high on your list of priorities when moving to the US!

    However, the importance of completing these forms correctly cannot be underestimated – the way you handle your international student tax affairs will have a major impact on future Green Card and visa applications.

    With this in mind, we’ve created this handy tax guide for international students and scholars in the US on an F-1 visa.

    We’ve covered everything you need to know about tax returns, refunds, and how to stay in the taxman’s good books! So, let’s get started!

     

    Continue reading “Filing an international student tax return – U.S. tax season survival guide for students on F-1 visa” »

  • How to file Form 8843 – instructions for nonresident aliens

    IRS form 8843 instructions [2024]

     

    There are 3 things that every US international student and J-1 visa holder needs to know about American tax:

      1. Every US international student and J-1 visa holder has a tax filing requirement
      2. It doesn’t matter if you have earned income. You must still file your documents before the deadline
      3. The IRS takes this stuff seriously! In other words, if you don’t comply with your tax obligations, you may encounter complications when applying for US visas in the future

    Regardless of whether you have earned income during your time in the US, if you are a nonresident in the US, you will still need to file what’s known as a Form 8843 “Statement for Exempt Individuals and Individuals With a Medical Condition”.

    This blog post will focus on exactly what you need to do in order to file this form and remain compliant with the IRS.

    NOTE: If you are considered a resident for tax purposes, you are not required to file IRS form 8843.

    Continue reading “How to file Form 8843 – instructions for nonresident aliens” »

  • 表格8843 -是什么及如何提交?

    表格8843 -是什么及如何提交?

    关于美国的税收,每个美国国际学生和J-1签证持有人需要知道三件事:

      1. 每个美国国际学生和J-1签证持有人都有纳税申报要求
      2. 是否有收入并不重要。你必须在截止日期前提交文件
      3. 国税局会认真对待这件事的!换句话说,如果您不遵守您的税务义务,您可能会遇到复杂的申请美国签证在未来

    无论你在美国期间是否有收入,你仍然需要提交8843表格“豁免个人和有健康状况的个人声明”。

    这篇博客文章将着重于你需要做什么才能提交这个表格,并保持符合美国国税局。

    : 如果您是居民纳税人,则无需填写美国国税局的8843表格。

    Continue reading “表格8843 -是什么及如何提交?” »

  • Form 8843 – 정의와 제출 방법은?

    Form 8843 – 정의와 제출 방법은?

    미국 유학생과 J-1 비자 소지자들은 미국 세금에 대하여 다음의 세 가지를 알아야 합니다.

    1. 모든 미국 유학생과 J-1 비자 소지자들은 세금 신고를 해야 합니다.
    2. 소득 유무와는 상관없이, 반드시 마감일 전에 신고서를 제출해야 합니다.
    3. IRS는 세금 신고를 중요시합니다. 즉, 납세 의무를 지키지 않으면 향후 미국 비자를 신청할 때 문제가 생길 수 있습니다.

    미국 비거주자라면 미국 체류 기간 동안 소득 발생 여부와 관계없이 Form 8843 “Statement for Exempt Individuals and Individuals With a Medical Condition(면제자 및 질병이 있는 개인을 위한 성명서)을 제출해야 합니다. Continue reading “Form 8843 – 정의와 제출 방법은?” »