US Taxation FAQs - Part III

• What is a W2 Form?

A W2 form is an official government form that you will receive from your employer(s) after you have finished working for your employer(s). The W2 form outlines the amount of money that you have earned and the amount of Federal, State, Local and FICA taxes that you have paid..

Please note that certain U.S states will only accept applications which contain the W2 form and will not accept those that contain final payslips. If you do not have a W2 form, please send your final payslips to your tax accountant and they will obtain the W2 form from your employer, on your behalf.

• What is a final, cumulative payslip?

A final, cumulative payslip is attached to your final pay cheque. It outlines the total amount of your earnings and therefore, the total amount of tax that you have paid.

US Taxation FAQs - Part II

• How do I file a Tax return?

If you are in the U.S on a J, F, M or Q visa then you are legally required to file with the IRS, regardless of whether or not you have earned income whilst in the U.S. Failure to submit a tax return may make it difficult for you to obtain a U.S visa in the future.

• How long will it take to receive my Tax refund?

The processing time of the U.S tax authorities varies depending on your visa type and the time of year at which the return is filed. Register with your tax accountant and get your applications for the 2006 Tax return submitted by January 2007.

US Taxation FAQs - Part I

• When can I get my Tax back?

If you were in the U.S. during 2005 or 2006, you can apply now for a tax refund. 2005 applications can be submitted immediately and whilst you’re with your tax accountant you can also apply for 2006 as soon as the tax year ends on December 31st. However, if you were in the U.S during 2003-2004, you can still claim a tax refund.

• How much Tax will I get back?

The amount of the refund will depend on your visa type, gross income, length of time in the US, the state that you worked in whilst in the U.S, how you prepare your tax return etc.