All posts tagged 1040NR

• June 5, 2023

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

  

  (Last updated: 5 June 2023)

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

  While 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 F-1 visa students” »

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• May 17, 2022

  I filed an incorrect tax return. Should I file an amended return to fix it and how?

  

  (Last updated: 17.05.2022)

  “Don’t worry if you made a mistake on your tax return or forgot to claim a tax credit or deduction. You can fix it by filing an amended return.” – The IRS

  Made an error on your nonresident alien income tax return? Don’t worry, fixing it is not as difficult as you might think!

  Continue reading “I filed an incorrect tax return. Should I file an amended return to fix it and how?” »

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• April 13, 2022

  Are nonresidents subject to tax if they receive a Form 1099-K?

  

  If you have received an IRS 1099-K form, you may be wondering whether the document has any implications for your tax requirements in the US.

  You may receive a 1099-K document (also referred to as a Payment Card and Third Party Network Transactions form) if you received payments through credit or bank card transactions. Continue reading “Are nonresidents subject to tax if they receive a Form 1099-K?” »

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• April 19, 2021

  Which tax form should I use: Form 1040, 1040NR or 1040NR-EZ?

  

  (Last updated: 10 Feb 2023)

  Important: Since 2020, the IRS no longer uses form 1040-NR-EZ. Form 1040NR has been simplified and will be used instead.

  Coming to the US from a foreign country presents both thrills and challenges to every nonresident. One of the more common difficulties nonresidents face is filing their tax return.

  In this blog post, we’ll be discussing Forms 1040, 1040NR, 1040NR-EZ, and how they apply to each person’s situation.

  Form 1040 (NR & NR-EZ) figures out the total taxable income of the taxpayer and determines how much of a refund the person may be due.

  So, without further ado, let’s examine how to find out which form applies to you! Continue reading “Which tax form should I use: Form 1040, 1040NR or 1040NR-EZ?” »

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• July 2, 2020

  Why are my federal wages different from my state wages?

  

  (Updated for 2023)

  When preparing your tax return you will need to include some details from your income documents about the money you earned and taxes you paid in the US.

  While it is not unusual for there to be differences between the taxation of federal and state income, it can be tricky for nonresidents to file their taxes in such cases.
  The easiest way to prepare your tax documents online is by using Sprintax Returns (formerly Sprintax Tax Preparation)- the nonresident alien tax return software.

  In this guide, we’re going to outline how you can enter your payment and tax details by completing Step 3 of the Sprintax tax prep process and what to do if you receive an error alert relating to your federal and state income. Continue reading “Why are my federal wages different from my state wages?” »

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• June 10, 2020

  The top 5 mistakes nonresidents make on their tax returns and how to avoid them

  

  (Updated for 2021)

  US tax is tricky and it is easy to make a mistake when filing your tax return.

  Such mistakes can be frustrating and lead to delays in both processing your tax return and retrieving your tax refund.

  In this guide, we’ll highlight the five most common mistakes made by nonresidents while filing their tax return and provide top tips on how to avoid them! Continue reading “The top 5 mistakes nonresidents make on their tax returns and how to avoid them” »

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• March 27, 2017

  Nonresident taxes explained for International students (Sprintax Tax Workshop)

  

  Preparing your nonresident tax return can seem like a daunting task!

  Sprintax has helped many international students and scholars through the process and is always striving to make their experience as stress-free as possible.

  Check out our Tax Workshop playlist below – we explain the most important things you need to know about US taxes and using Sprintax. We’ve added a video recap below each video if you prefer to read.

  Here is a list of topics we cover:

  • Using Sprintax
  • Tax overview
  • Tax forms and definitions
  • Spouse/child tax form
  • State taxes
  • Items needed to prepare your tax returns
  • Timelines for a refund
  • Tax myths and scams
  • What happens if I don’t file
  • What to do if you missed a year or misfiled.

  The tax deadline falls on to 18 April 2022, so don’t delay and create a Sprintax account now!

  Continue reading “Nonresident taxes explained for International students (Sprintax Tax Workshop)” »

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