Graduate Student Tax Seminar
GCN Graduate Student Tax Seminar Video
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The information below and the links provided are handouts distributed at a Graduate Student Tax Seminar in reference to 2008 federal taxes. For additional information, please visit the IRS Web site at www.irs.gov.
- Tax Assistance for International Students (.pdf)
- Your 2008 IRS Form 1098-T (.pdf)
- Federal Taxes and Education (.pdf)
- Tax Considerations for Graduate Students (.pdf)
- Free tax service information: Community Tax Centers (.pdf)
Tuition Remission is departmental payment of all or a portion of a student's fee bill. The student does not receive any funds directly. The department must indicate whether the student is providing services in exchange for the award. If so, the amount is treated as wages, applicable withholdings deducted, and the net amount applied to the fee bill. If not, the full amount is applied to the fee bill.
Tuition Remission amounts charged to federal grant accounts are subject to regulations outlined in OMB Circular A-21. The charges are allowable only if the recipient is performing work toward the project being funded. Therefore, all tuition remission awards on federal grants are treated as wages.
Non-wage tuition remission is a qualified scholarship and therefore not included on IRS Form W-2 or 1042S. It is included in the scholarship amount on Form 1098T.
Wage tuition remission is part of gross pay and reported as wages in Box 1 of IRS Form W-2. Any portion of gross pay that is exempt under tax treaty for a foreign person is reported on Form 1042S. Wage tuition remission is not included in amounts reported on 1098T.