Instructions For Form 1040nr-Ez - U.s. Income Tax Return For Certain Nonresident Aliens With No Dependents - 2013 Page 7
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35amount applied is treated as received in
Student Loan Interest Deduction
2013.
Keep for Your Records
Worksheet—Line 9
None of your refund is taxable
See the instructions for line 9 before you begin.
if, in the year you paid the tax,
TIP
you did not itemize deductions.
1. Enter the total interest you paid in 2013 on qualified student
If you were a student or business
loans (defined later). Do not enter more than $2,500 . . . . . . . 1.
apprentice from India in 2012 and you
2. Enter the amount from Form 1040NR-EZ,
claimed the standard deduction on your
line 7
2.
2012 tax return, none of your refund is
3. Enter the amount from Form 1040NR-EZ,
taxable. See Students and business
line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
apprentices from India in chapter 5 of
Pub. 519. If none of your refund is
4. Subtract line 3 from line 2 . . . . . . . . . . . . . . . . . 4.
taxable, leave line 4 blank.
5. Is line 4 more than $60,000?
For details on how to figure the
No.
Skip lines 5 and 6, enter -0- on line 7,
amount you must report as income, see
and go to line 8.
Recoveries in Pub. 525, Taxable and
Yes. Subtract $60,000 from line 4 . . . . . . . 5.
Nontaxable Income.
6. Divide line 5 by $15,000. Enter the result as a decimal
Line 5—Scholarship and fellowship
(rounded to at least three places). If the result is 1.000 or
grants. If you received a scholarship or
.
more, enter 1.000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.
fellowship, part or all of it may be
taxable.
7. Multiply line 1 by line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.
If you were a degree candidate, the
8. Student loan interest deduction. Subtract line 7 from line 1.
amounts you used for expenses other
Enter the result here and on Form 1040NR-EZ, line 9 . . . . . . . 8.
than tuition and course-related
expenses (fees, books, supplies, and
scholarship from ABC University. The
Example 2. The facts are the same
equipment) are generally taxable. For
total amounts you received from ABC
as in
Example 1
except that you are a
example, amounts used for room,
University during 2013 are as follows:
citizen of a country that has an income
board, and travel are generally taxable.
tax treaty in force with the United States
If you were not a degree candidate,
that includes a provision that exempts
Tuition and
the full amount of the scholarship or
scholarship income and you were a
fees
$25,000
fellowship is generally taxable. Also,
resident of that country immediately
Books,
amounts received in the form of a
before leaving for the United States to
supplies, and
scholarship or fellowship that are
attend ABC University. Also, assume
payment for teaching, research, or other
equipment
1,000
that, under the terms of the tax treaty, all
services are generally taxable as wages
of your scholarship income is exempt
Room and
even if the services were required to get
9,000
from tax because ABC University is a
board
the grant.
nonprofit educational organization.
$35,000
If the grant was reported on
Note. Many tax treaties do not permit
Form(s) 1042-S, you generally must
The Form 1042-S you received from
an exemption from tax on scholarship or
include the amount shown in box 2 of
ABC University for 2013 shows $9,000
fellowship grant income unless the
Form(s) 1042-S on line 5. However, if
in box 2 and $1,260 (14% of $9,000) in
income is from sources outside the
any or all of that amount is exempt by
box 9.
United States. If you are a resident of a
treaty, do not include the treaty-exempt
treaty country, you must know the terms
amount on line 5. Instead, include the
Note. Box 2 shows only $9,000
of the tax treaty between the United
treaty-exempt amount on line 6 and
because withholding agents (such as
States and the treaty country to claim
complete
item J
of Schedule OI on
ABC University) are not required to
treaty benefits on Form 1040NR-EZ. For
page 2 of Form 1040NR-EZ.
report section 117 amounts (tuition,
details, see the instructions for
item J
of
fees, books, supplies, and equipment)
Attach any Form(s) 1042-S you
Schedule OI, later.
on Form 1042-S.
received from the college or institution.
When completing Form 1040NR-EZ:
If you did not receive a Form 1042-S,
When completing Form 1040NR-EZ:
Enter $0 on line 5. The $9,000
attach a statement from the college or
Enter on line 5 the $9,000 shown in
reported to you in box 2 of Form 1042-S
institution (on their letterhead) showing
box 2 of Form 1042-S.
is reported on line 6 (not line 5).
the details of the grant.
Enter $0 on line 8. Because
Enter $9,000 on line 6.
For more information about
section 117 amounts (tuition, fees,
Enter $0 on line 8. Because none of
scholarships and fellowships in general,
books, supplies, and equipment) were
the $9,000 reported to you in box 2 of
see chapter 1 of Pub. 970, Tax Benefits
not included in box 2 of your
Form 1042-S is included in your income,
for Education.
Form 1042-S (and are not included on
you cannot exclude it on line 8.
line 5 of Form 1040NR-EZ), you cannot
Example 1. You are a citizen of a
Include on line 18b any withholding
exclude any of the section 117 amounts
country that does not have an income
shown in box 9 of Form 1042-S.
on line 8.
tax treaty in force with the United States.
Provide all the required information in
Include on line 18b the $1,260 shown
You are a candidate for a degree at
item J of Schedule OI on page 2 of Form
in box 9 of Form 1042-S.
ABC University (located in the United
1040NR-EZ.
States). You are receiving a full
Instructions for Form 1040NR-EZ (2013)
-7-
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