Tax News
- New Tax Software for Foreign Nationals
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Effective November 4, 2024, Rice has switched from the Foreign National Information System (FNIS) to Sprintax Calculus. This secure, cloud-based software is used to manage tax documents and determine U.S. tax residency status, income tax treaty benefits , and withholding requirements for foreign national students and employees.
What Has Changed?- Electronic Document Management: You can securely upload and manage important documents like passports, visas, I-20s, and DS-2019s electronically, eliminating the need for physical copies.
- No More Campus Trips: You won’t need to hand-deliver your tax treaty forms to the Payroll office anymore. Instead, you can electronically sign and submit your tax forms online.
- Integration with Sprintax Returns: Calculus will integrate with Sprintax Returns, allowing for automatic import of 1042-S data. This integration simplifies the U.S. income tax return filing process for nonresident aliens.
What Do You Need to Do?
- You will receive an activation email from Calculus. Log in to your account and update your information.
Questions?
- Check our Sprintax Calculus FAQ for more details.
- Contact: ForeignNationalTax@rice.edu
Last updated 12/8/2024
- Your 2024 Tax Forms from the University
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- W-2 forms will be issued by the Payroll office in January 2025
- 1099 forms (such as 1099-MISC, 1099-NEC) will be issued by Accounts Payable in January 2025
- 1098-T forms will be issued by Bursar’s Office in January 2025
- 1042-S forms will be issued by Tax office in February 2025
Last updated 12/6/2024