International Student Higher Education Loan - Private International Student Loan Information!

– Can an international student and resident alien with a valid social security number (SSN) apply for a Federal Student Loan?

– No. Undocumented students, including DACA students, are not eligible for Federal Student Aid.
– However, you may be eligible for state or college financial aid, in addition to private scholarship or a Private Loan.

– As an International Students, you don't have the money for your college to attend and pay tuition.

– With MPOWER Financing for your college loan, you're not required to have a Co-Signer, Collateral or a Credit history. To get a loan apply here.

WHAT IS IRS FORM 8843 FOR?

– As an International Student you must file Form 8843 to explain and document the basis of your claim that you can exclude days present in the United States for purpose of the Substantial Presence Test because:

You were an exempt individual.
You were unable to leave the United States because of a medical condition or medical problem.

– The Form 8843 deadline for tax year 2020 must be postmarked on or before June 15, 2021.

– If you also must file the Form 1040-NR due to wages earned from employment, the Form 8843 must be sent with the Form 1040-NR on or before April 15, 2021, extended to May 17, 2021, and if you ARE NOT ENCLOSING A PAYMENT, then use this address:

Department of the Treasury
Internal Revenue Service
Austin, Texas 73301-0215
USA

-And if you ARE ENCLOSING A PAYMENT, then use this address:

Internal Revenue Service
P.O. Box 1303
Charlotte, NC 28201-1303
USA

– If you don't have to file a tax return, only the Form 8843 by itself, then mail Form 8843 to this address:

Department of the Treasury,
Internal Revenue Service,
Austin, TX 73301-0215 by the due date June 15, 2021.

WHO IS REQUIRED TO FILE IRS FORM 8843 ONLY?

– You will have to submit Form 8843 only if:

You were present in the US in the previous tax year;
You are a non-resident student;
You are in the US under F-1, J-1, F-2 or J-2 visa status, who are non-residents for tax purposes;
You had no U.S. source income in 2020 OR
Your only U.S. source income was bank or credit union interest OR
You are in a degree program, received a fellowship or scholarship and all of that fellowship or scholarship was applied to tuition, fees, books, and supplies or equipment required for your courses.

WHO IS CONSIDERED RESIDENT OR NONRESIDENT FOR FEDERAL TAX PURPOSES?

– International undergraduate students on J-1 or F-1 visas status are automatically considered non-residents for first five calendar years in the U.S.

– Scholars or Researchers on J visas status are automatically considered non-residents for two out of the last six calendar years in the U.S.

– If you’ve been in the U.S. for longer than the five or two year periods, the Substantial Presence Test will determine if you’re non-resident of resident for tax purposes.

– If your "Total Days of Presence" is 183 or greater, then you have passed the Substantial Presence Test and you are a resident international student for tax purposes. For more information on the Substantial Presence Test, see the IRS website.

NONRESIDENT NO INCOME TAX FILING:

Are you a nonresident international student, for tax purposes, who earned NO income in 2020?
You must file Tax Form 8843 by June 15, 2021 with the IRS ..

1. All international students, scholars and their dependents, regardless of their age, present in the U.S. under F-1, F-2, J-1, or J-2 nonimmigrant visa status, who are nonresidents for tax purposes, must file Form 8843 [pdf] with the IRS, even if they received NO income in year 2020.

2. Form 8843 [pdf]Statement for Exempt Individuals and Individuals With a Medical Condition is an informational statement required by the U.S. Internal Revenue Service (IRS) for students or scholars, and their dependents, if they were present in the U.S. during 2020 under F-1, F-2, J-1, or J-2 non immigration visa status and are nonresident for tax purposes, including their spouses and dependents.

3. You do not need to apply for an Individual Taxpayer Identification Number (ITIN) if you are International student or scholar, for tax purposes and you need to file Form 8843. But if an ITIN has been issued, the ITIN number should be included on Form 8843.

4. On the other hand, you do need to apply for an Individual Taxpayer Identification Number (ITIN) for the individuals who are eligible to be claimed as dependents on your U.S. income tax return Form 1040-NR.

If your dependents are eligible to be claimed on U.S. income tax return Form 1040-NR, they must apply for a Taxpayer Identification Number (ITIN).

5. If you are a student holding F-1 or J-1 visa status, you are eligible to claim your spouse and dependents on your tax return Form 1040-NR only if you are from following tax residence countries:

Canada
Mexico
India
South Korea

6. How can Students from Canada Complete their Form 8843?

Canadian students, who are exempt individuals, need to complete and mail their Form 8843 to the IRS using their student visa status.

If they do not have a student visa status, they can use the information from their work authorization papers to complete the Form 8843.

7. If you don't have to file a 2020 tax return, mail Form 8843 to by June 15, 2021 to the address:

Department of the Treasury
Internal Revenue Service Center
Austin, TX 73301-0215

NONRESIDENT INCOME TAX FILING:

1. If you are a Nonresident International Student, for tax purposes, with U.S. source of income you’re required to file Form 1040-NR, if you own money, to pay U.S. income tax only on U.S. source income.

2. Therefore, if you are required to file both, Form 8843 and Form 1040-NR, attach Form 8843 to the back of your tax return Form 1040-NR and mail the both documents to the IRS if Form 1040-NR is filed by paper only.

3. If Form 8843 is for a spouse or a dependent eligible to be claimed as a dependent on a federal tax return, Form 8843 for each one of them must be filed and attached to the back of the tax return Form 1040-NR on which they are claimed, if filed paper only return.

If you want to E-File your Form 1040-NR, you can use TaxSlayer software. We are using TaxSlayer software for free. But the free version does not E-File.

4. If your tax return is paper return only, mail the paper tax return Form 1040-NR and the Form 8843 together, by the due date, to the address shown in the tax return instructions.

5. If not enclosing a payment, mail Form 1040-NR and the Form 8843 to the address: Internal Revenue Service Austin, TX 73301-0215 U.S.A.

6. If enclosing a payment, mail Form 1040-NR and the Form 8843 to the address: Internal Revenue Service P.O. Box 1303 Charlotte, NC 28201-1303 U.S.A.

International Student Tax Form 8843, Filing Wizard;

– All international students and scholars with F or J visa status and their dependents are required to complete and submit IRS Form 8843 each year.

– We have designed the Form 8843 Filing Wizard for the entire year, from January 1 to December 31 to make the completion of the IRS Form 8843 easier for you. Part II is for scholars and Part III is for students, and their dependents.

– Our Form 8843 Filing Wizard will walk you through of the Form 8843 filing process and will help you to make sure that you submit all the required information to the IRS, and will provide you with valuable tips as well.

– If you need to complete Form 8843 as a professional athlete Part IV, or as an individual with a medical condition or medical problem Part V, you may need a professional help to complete the Form 8843.

– If you have been in the USA as an international student for more than 5 calendar years and/or you are not sure whether you are a resident or non-resident, see the IRS Determining Alien Tax Status page.

How to use our Form 8843 Filing Wizard:

– Download IRS Form 8843.pdf

– Answer all the Form 8843 Filing Wizard questions and then transfer all the answers to the PDF form of IRS Form 8843.

– When you’re done, sign and date the form. You will then need to mail the completed form to the IRS for processing.

– You may also contact Sprintax or Glacier Tax Prep for more assistance. Sprintax or Glacier

We immediately discard all data associated with this form, and will not store, save or share any of the information you enter.

Getting started:

– Make sure you have the following documents before starting:

Your Passport and Passport Number;
Your Form I-94 Arrival – Departure Record;
Your visa status Form I-20, for F visa status holders;
Your visa status Form DS-2019, for J visa status holders;
Your Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN);
Form W-2, Wage and Tax Statement; 1042-S, Foreign Person’s U.S. Source Income; Form 1098-T, Tuition Statement and Forms 1099; (Only if you’re filing Forms 8843 and 1040-NR).

– The Top portion and the Part 1, General Information portion, of the Form 8843 is going to be the same for all international students, scholars and their dependents.

– So, whether you are in US as an F-1 Student or a J-1 Student or a J-1 Scholar or even an F-2 or a J-2 dependent, you are going to fill out the Top portion and the Part 1 portion exactly the same way.

USING OUR FORM 8843 FILING WIZARD, PREPARE THE FORM 8843 FOR Lee Satō, STUDENT FROM JAPAN.

Lee Satō came to the U.S. to study on August 1, 2018, in F-1 immigration status. Lee’s passport number is 4682936 and it was issued by her home country, Japan.

Lee’s home address is:
5-3 Yaesu 1-Chome, Chuo-ku,
Tokyo 100-8994, Japan

Lee’s address at school is:
Firestone University, 222 Tread Blvd,
Lauderdale, MN 55000

Lee’s U.S. taxpayer identification number is 9NN-NN-NNNN.
Lee is attending Firestone University, 222 Tread Blvd., Lauderdale, MN 55000, tele¬phone 612-555-XXXX. Her specialized program is Alternative Fuel Systems and the director is Professor Marri M. Young, also at 222 Tread Blvd., Lauderdale, MN 55000, telephone 612-555-XXXX ext. 1267.
Lee has not taken steps to apply for permanent residency. Lee had no income, so she is not required to file any other tax forms. Lee has not left the U.S. since arriving.
After completing the Tax Form 8843 for Lee Satō, Student from Japan, review the Summary Review below to make sure you did not miss anything.

Lee Satō Student from Japan Form 8843 Summary Review:

Lee reports her most current non-immigration status F-1 on line 1b.
Lee needs to complete Line 4a, and on Line 4b she needs to put 366 days of exempted presence for 2020.
Lee has to complete only Part I and Part III of Form 8843.
Lee’s Form 8843 for the tax year 2020 is due by June 15, 2021.

OUR Form 8843 Filing Wizard Completed by Using Lee Satō Scenario.

– Top of Form 8843, Personal Information: Required for everyone completing Form 8843.

00. This Form 8843 Filing Wizard is for the year January 1 – December 31, 2020.
01. Your first name and initial: LEE (as it appears on your passport).
02. Last name: SATO (as it appears on your passport).

04. Address in country of residence: 5-3 YAESU 1-CHOME CHUO-KU, TOKYO 100-8994, JAPAN.
05. Address in the United States: FIRESTONE UNIVERSITY,222 TREAD BLVD. LAUDERDALE, MN 55000.

Part I General Information: Required for everyone completing Form 8843.

06. 1a Type of U.S. visa (for example, F, J, M, Q, etc.) and date you entered the United States ▶ F-1, 08/01/2018
07. 1b Current nonimmigrant status. If your status has changed, also enter date of change and previous status. See instructions. F-1
08. 2 Of what country or countries were you a citizen during the tax year? JAPAN
09. 3a What country or countries issued you a passport? JAPAN
10. 3b Enter your passport number(s) ▶ 4682936
11. 4a Enter the actual number of days you were present in the United States during: 2020 __366__ 2019 __365__ 2018 __153__
12. 4b Enter the number of days in 2020 you claim you can exclude for purposes of the substantial presence test ▶ 366

Part III Students: Required for F-1/J-1 International Students and F-2/J-2 their dependents completing Form 8843.

13. 9 Enter the name, address, and telephone number of the academic or other specified program you participated in during 2020 ▶
FIRESTONE UNIVERSITY
222 TREAD BLVD., LAUDERDALE, MN 55000 (612) 555-1234
14. 10 Enter the name, address, and telephone number of the director of the academic institution you attended during 2020 ▶
PROFESSOR MARRI M. YOUNG, FIRESTONE UNIVERSITY
222 TREAD BLVD., LAUDERDALE, MN 55000 (612) 555-1234 EXT. 1267
15. 11 Enter the type of U.S. visa (F, J, M, or Q) you held during: ▶
2014 2015 2016 2017 2018 __F__ 2019 __F__
16. 12 Were you present in the United States as a teacher, trainee, or student for any part of more than 5 calendar years? No
17. 13 During 2020, did you apply for, or take other affirmative steps to apply for, lawful permanent resident status in the United States or have an application pending to change your status to that of a lawful permanent resident of the United States? No

Signature Section bottom of page 2 of Form 8843:

18. Your signature is required at the bottom of the page 2, Form 8843.
19. Date is required at the bottom of the page 2, Form 8843.
19. Signature and date is required for everyone completing Form 8843 only.
19. Except, if you’re filing and mailing Form 8843 and the paper return Form 1040-NR together, and attaching Form 8843 in the back of your paper tax return Form 1040-NR.
Do not sign the Form 8843 on the bottom of page 2, but include Form 8843 in the same envelope with your income tax return Form 1040-NR.

Question: What is the difference between F and J visa status for international students?

1. The F-1 visa status is used by international students in general. Students are eligible for an F-1 visa status as long as they have been admitted to university.

2. The J-1 visa status is used for international students who are in a specific educational exchange program.

– Review the above details for accuracy, then download the IRS Form 8843 PDF. Transform the information from here to the Form 8843 PDF. And then the form is ready to be signed, dated and mailed to the IRS.

International Student and Scholar IRS VITA Tax FAQs:

Your Passport;
U.S. entry and exit dates, Form I-94 Arrival-Departure Record;
Tax forms W-2, 1042-S and 1099;
F visa status holders Form I-20 or J visa status holders Form DS-2019;
Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN);

You will need to apply for an Individual Taxpayer Identification Number (ITIN), Form W-7, to enable you to file your taxes.

If both, you and your spouse are nonresident aliens, were married and file Form 1040-NR, your only option is to file as single. Married nonresident alien status is treated as a single.

2023 Your Self-Prep Tax Return CLAIM CREDITS–MAXIMIZE YOUR REFUND!

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