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文章阅读:These are from MIT's CSSA
[同主题阅读] [版面: 交税与退税] [作者:hrao] , 1999年03月14日16:15:14
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发信人: hrao (阿土伯~~廉颇还童~heihei~~偶能灌...), 信区: TAX
标  题: These are from MIT's CSSA
发信站: The unknown SPACE (Sun Mar 14 16:15:24 1999), 转信

TA & RA Income Tax



   1.General Guidelines for TA/RA Income Tax

     TA/RA is not scholarship so it is NOT tax free.

     Reference (related documents): MIT TAX Workshop on March 6, IRS
       Publication No. 519, 520, 901, IRB (Internal Revenue Bullitine).

     You can obtain the publications from IRS webpage listed below or libaries.
       http://www.irs.ustreas.gov/prod/forms_pubs/pubs.html
       http://www.china-embassy.org/Education/pchpt12.htm

     Written in the treaty (artical 20), for students there are three items
     under tax exemption. They are: 1. payments received from aboard; 2.
     grants, fellowship and scholarship from tax exemption institution; 3. first
     $5,000 personal income per taxable year.

     The question boils down to if RA/TA belongs to scholarship/fellowhsip/grants
     or payment for services (personal income). According to page 2 of
     Pub 520, the answer is: RA/TA is payment for service, even as partial
     requirement for a degree. (Term "payment for service" is defined in this
     page). So, RA/TA holders will enjoy tax exemption on the first $5,000 per
     tax year.

     To claim this $5,000 tax exemption, go to Payroll office and file certain
     IRS forms (which are available at Payroll office) at the begining of each
     tax year (Feb.) so that no income tax will be withheld for the first $5,000
     per tax year. Or you can wait until the tax season and get it back through
     tax returns (which means you will lose some interest income).

   2.How to Obtain Tax Forms and Instructions

     You can get most of the forms and instructions at local post office.
     At MIT, you can also obtain them at the front desk of Dewey Library
     (E53-100).

     To obtain them online, go to:

     http://www.irs.ustreas.gov/prod/forms_pubs/index.html
     for federal tax forms

     http://www.magnet.state.ma.us/dor/dorpg.htm
     for Massachusetts state tax forms

     Notice: Laser and other high quality copy or printout of the tax forms are
     acceptable for income tax file purposes.

   3.General Guidelines for State Income Tax

     The following instructions are ONLY for people trying to get the $5,000
     tax exemption back through income tax returns. If you have filed the
     necessary form at Payroll office, ignore these lines.

     1. To obtain the $5,000 tax exemption, you need to file Form 1-NR/PY.

     2. Since there is no entry in the form specifying this kind of tax exemption,
        you can deduct $5,000 directly from the amount you are going to enter at
        entry No.5 (wages, salaries, tips from W-2 form) and attach a letter
        explaining the $5,000 tax exemption based upon Sino-US tax treaty.

     3. If you want to get the tax back from previous tax years (in case that you
        forgot about the $5,000 tax exemption), you can file Form 33X - Amended
        individual income tax return.

   4.General Guidelines for Federal Income Tax

     The following instructions are ONLY for people trying to get the $5,000
     tax exemption back through income tax returns. If you have filed the
     necessary form at Payroll office, ignore these lines.

     1. To obtain the $5,000 tax exemption, you need to file Form 1040NR(EZ).
        There is a specific entry for this tax exemption in the first section.
        Don't forget to deduct this amount when you sum up all of your wages,
        salaries and benefits in the column.

     2. If you want to get the tax back from previous tax years (in case that you
        forgot about the $5,000 tax exemption), you can file Form 1040X - Amended
        individual income tax return.

   5.Some Special Cases for Tax Exemption

     If you did not register for any class during the summer and you were doing TA
     or RA work, your pay can be listed in the category of technical instructor,
     which is tax exempt. But you are only eligible for claiming this exemption
     within your first three years in the U.S. The tax treaty code for the
     technical instructor is "Artical #19".


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