Received both W2 and 1042-S form as an F1-student who is a resident for tax purposes. How should I file taxes through TurboTax?

[malda]

Hi,

There seems to be some discussion about this on this forum, but I am not sure if my case is the same as others, so I want to ask this question again.

I am a phd student on F1 who is a resident for tax purposes. Here are some items on my 1042-S that I think might be relevant:

Box 1 (Income code): 16

Box 3 (Chapter indicator. Enter "3" or "4"): 3

Box 3a (Exemption code): 00

Box 3b (Tax rate): $$.00

Box 4a (Exemption code): 16

Box 4b (Tax rate): 00.00

Box 10 (Total withholding credit): $$$

Box  12b (Ch. 3 status code): 20

Box  12c (Ch. 4 status code): 02

Box 13f (Ch. 3 status code): 16

Box 13g (Ch. 4 status code): empty

Box 17a (State income tax withheld): 0

Could any expert explain to me how I should file taxes through TurboTax in my cases?

p.s. in case this is relevant, our school does not send a 1098-T form to an international student like myself (even though I am a resident for tax purposes), unless I submit a special request for it.

[MarilynG1]

You can report the 1042-S as 'other reportable income', although you didn't specify an amount of income in your question. 

1. Open your return in TurboTax 

2. Click on Wages & Income 

3. Scroll down to All Income 

4. Scroll down to Less Common Income 

5. Scroll down to Miscellaneous Income, 1099-A, 1099-C 

6. Click start 

7. Scroll down to Other reportable income 

8. Answer yes 

9. Enter description and amount 

To report the US tax paid (if you paid tax):

1. With your return open
2. Click on Deductions & Credits
3. Scroll down to Estimates and Other Taxes Paid\
4. Click on Other Income Taxes
5. Scroll down Other Income Taxes paid in 2021
6. Click on Withholding not already entered on a W-2 or 1099

If your form shows no Income amount or Tax Paid, just keep it for your records.

[malda]

Thanks a lot for the reply!

I do have a non-zero income on Box 2 (Gross income), although Box 6 (Net income) is blank.

Box 7a (Federal tax withheld) is non-zero and equal to Box 10 above, and Box 11 (Tax paid by withholding agent (amounts not withheld)) is 0. In this case, can I still follow your suggestion in the first part of your answer?

As for the second part of your answer, what do you mean by "To report the US tax paid (if you paid tax)"? Do you mean if I already filed taxes for 2021? If so, no, I haven't filed taxes yet. Then, I guess the second part of your answer is not relevant for me?

[DaveF1006]

No. You will report the gross income in Box 2 in the manner that MarilynJoy outlined in the first part of her answer. The federal tax that was withheld is reported in the manner outlined in the second part of her answer. It is relevant because you paid federal income tax and you will want to receive credit for it when you do file your return.

@malda

[malda]

@MarilynG1 @DaveF1006 

Thanks a lot for the answer! What should I do about the state taxes? I am in California.

[DaveF1006]

The data that you recorded in the federal return will automatically populate into your California State return when begin preparing your state return. You should not need to do anything additionally in your California return.  

@malda