All posts tagged tax deadline

• April 28, 2022

  Missed the US tax return deadline? Here’s what to do

  

  Last Updated: 28 April 2022

  Every nonresident alien in the US is obliged to file a federal tax return before the tax deadline, which in 2022 was 18 April.

  If you’re an international student or scholar in the US, by law you must file Form 8843 at least, but depending on your circumstances, you may also need to file a Federal tax return by filing a 1040NR, a State Tax return or two and maybe even a FICA return. Not filing a tax return could get you into a whole heap of trouble, leaving you with hefty tax fines and penalties, on top of possible problems getting US visas in the future.

  What happens if an international student does not file taxes on time?

  Don’t panic! Nearly 30% of taxpayers are unable to organize their documents before the deadline and file late. But you can still fix this!

  Here are a few important things you should consider if you expect to miss the deadline.

  Continue reading “Missed the US tax return deadline? Here’s what to do” »

  No Comments / Tax Tips / Stacy

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• March 18, 2021

  US Tax Deadline Extended to 17 May 2021

  

  The Internal Revenue Service (IRS) has announced that the US tax deadline has been extended from 15 April until 17 May 2021.

  The decision has been made in order to give taxpayers who may be under financial pressure more time to file their taxes, the tax agency have said.

  It comes after last year’s deadline was also pushed forward from 15 April 2020 to 15 July 2020 in the wake of the coronavirus pandemic.
  Continue reading “US Tax Deadline Extended to 17 May 2021” »

  No Comments / J1 Taxes, Sprintax, Tax Tips / Stacy

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• 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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• May 14, 2020

  5 Top Tax Tips for Last-Minute Filers

  

  (Updated for 2021)

  International students must file a tax return as a condition of their visa. You may be subject to penalties and interest if you don’t do it.

  However, many will inevitably wait until the last minute to file their US tax returns.

  If you’ve procrastinated and haven’t done your taxes yet, you are not alone!

  But don’t worry! We are here to help with our 5 top tax tips for last-minute filers.
  Continue reading “5 Top Tax Tips for Last-Minute Filers” »

  No Comments / Tax Tips / Kristina Valcheva

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