Tax Form 1042-S
- International students who receive scholarships and grants in excess of the amount of tuition and required fees for enrollment (“qualified education expenses”) may be required to have Federal income taxes withheld at a rate of 14% under U.S. tax law.
- The University will withhold the required Federal income tax, if any, and will provide the international student with Internal Revenue Service (IRS) Form 1042-S per tax year.
Embry-Riddle Aeronautical University’s international students (F, J, M, or Q visa status) may be subject to Federal income guidelines on scholarship funds. Scholarships and grants in excess of qualified education expenses may be subject to tax withholding, per these guidelines, at a rate of 14%. Qualified education expenses include tuition and required fees for enrollment.
The University will withhold Federal incomes taxes at 14% if the following applies:
- Scholarships and grants exceed the cost of tuition and required fees for enrollment charged to your student account.
- The tax treaty between the U.S. and your country does not provide an exemption from, or a reduced rate of, withholding. See tax treaty countries here
If taxes were withheld on your behalf, you will receive Internal Revenue Service (IRS) Form 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding, per tax year. Students who receive Form 1042-S should bring the following documents to the international tax workshop. The following documents are required for the workshop
Foreign National Information Form
- U.S. Visa
- Form I-20
- All I-94s since becoming an F-1 or J-1 student
- Tax Form 1042-S
Foreign Student and Scholars information can be found at the IRS Website.
International students who receive scholarships and grants can email International Student Services Office at DBISS@erau.edu to Sign up for the international student tax workshop.
For additional information, please contact the International Student Services Office at 386-226-7146 or DBISS@erau.edu.