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Students’ Questions About GLACIER TAX PREP

The ISSS has received some excellent questions from students who have started to use GLACIER TAX PREP. Since the answers may be of interest to our readers, we are presenting edited versions of those questions below.

Question
I thought I could fill and send income tax forms on line. Do I have to come to the ISSS? Why should I use GLACIER TAX PREP if I need to come to the ISSS?

Answer
Non-resident income tax forms (for those in F or J status for five or fewer years, since 2009 or later) cannot be filed on-line. The U.S. government offers the on-line filing option for resident tax payers only. GLACIER TAX PREP computes your tax liability, pre-fills the required federal income tax forms, allows you to print the forms for postal mailing, and provides instructions for mailing the forms. The ISSS will have the paper versions of the non-resident income tax forms available, for both federal and New York State filing. But, if you use GLACIER TAX PREP, you will not need the paper federal forms. Plus, GLACIER TAX PREP does all the tax computations for you.

Question
I did log in to gain access to GLACIER TAX PREP, but I don't understand what GLACIER TAX PREP is. How will GLACIER TAX PREP help me submit the required tax forms. Do I need to pay to use GLACIER TAX PREP? Can I just submit my tax forms myself?

Answer
GLACIER TAX PREP is a non-resident tax preparation software that is used by students and scholars at hundreds of colleges and universities in the United States. Binghamton University purchases a license each year so that BU international students who are eligible to file as non-residents can comply with their income tax obligations. GLACIER TAX PREP is offered to BU international students and scholars for free, and removes much of the complexity of completing income tax forms by taking the income tax information you provide and doing all the work for you. While you can attempt to complete your income tax forms yourself, most students find it to be a very complicated process and appreciate the convenience of using GLACIER TAX PREP.

Question
Last semester I received a tuition scholarship as part of my funding as a graduate assistant. Will I receive a form 1042-S for the tuition scholarship? Do I need to report the tuition scholarship as income on my tax return?

Answer
Tuition scholarships are neither taxable nor reportable as income. So, you do not report your tuition scholarship as income, nor will you receive any tax form for your tuition scholarship. At Binghamton University, students do not receive a tuition scholarship as income. Instead, it is listed as a credit on your student semester bill.

Question
I am a research assistant and I filled my taxes for 2013 using GLACIER TAX PREP software. The calculated tax that I have to pay is $256.00. Why do I need to pay more federal tax when such tax was already withheld from my paycheck?

Answer
There may be several reasons why a student may owe additional income tax. If the student is from a country that has no tax treaty with the United States, then depending upon the amount of money earned, the student may owe additional tax. Or, if too little tax was withheld from a student’s earnings during the year, the student may owe tax. Lastly, if a portion of a student’s earnings came from income that was not taxed at all, then taxes may now be due on that portion of earnings that were not taxed at the source.

Students who have already obtained a GLACIER TAX PREP access code and are using the product and find that they have technical questions are encouraged to write to the GLACIER TAX PREP help desk at support@glaciertax.com Replies are usually received within 48 hours.

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Last Updated: 2/14/14