Taxes
If you are a U.S. citizen or permanent resident who is receiving fellowship income, travel funds, Hanna grants or other types of non-loan fellowship/grant income, you must file quarterly estimated tax statements. For this type of income, tax payments are due but are not withheld by the University nor reported to the federal government.
If you are a non-resident international student, or if you are receiving funds for assistantships in research and/or instruction, federal income tax is already being withheld and reported. You do not have to file quarterly estimated tax statements on this income.
Instructions for downloading Tax Form 1040ES, including Payment Voucher 4, are available through the IRS website.
You may either download and print form 1040ES or you may fill it out online and then print. The form includes detailed instructions as well as an estimated tax worksheet and payment voucher. We recommend that you review the IRS documents thoroughly; however, you may find the estimated tax worksheet with instructions found on the Graduate School’s website more helpful in calculating your quarterly tax. After completing either tax worksheet, fill out Payment Voucher 4 (which you download from the web) and submit the voucher with your check or money order to:
Internal Revenue Service
P.O. Box 80102
Cincinnati, OH 45280-0002
The fourth quarter 2007 filing deadline is Jan. 15, 2008.
Note: Questions on filing taxes should be directed to the IRS (1-800-829-1040), the IRS website and/or an independent agency (i.e., H&R Block)