COMPENSATION AND TAXATION

Marjorie Sutton – Payroll DirectorDee Bowling – Cash Operations

Manager

Compensation… If you have received a Graduate or

Teaching Assistantship … And if you are you a Citizen of the U.S.

or a Resident Alien Then

Contact the department that employs you

At a minimum you must complete the following forms:

I-9 EMPLOYMENT ELIGIBILITY VERIFICATIONFORM

W-4 EMPLOYEE’S WITHHOLDING ALLOWANCE CERTIFICATE

NC-4 EMPLOYEE’S WITHHOLDING ALLOWANCE CERTIFICATE

North Carolina Department of Revenue

DIRECT DEPOSIT

Compensation continued… If you have received a Graduate or

Teaching Assistantship… And if you are a non-resident alien

Then Contact your department

The I-9 and Direct Deposit form should be completed

AND the Payroll Office at 328-6955

Make an appointment with Patricia Richards in the Payroll Office

Allow thirty minutes to an hour for your appointment with Patricia

Taxes for non-resident aliens are determined by Treaties and Visa Types

Be sure to bring the following:

VISA / Passport If type F1 VISA bring I-20 Form If type J1 VISA bring DS2019 Form

I-94 (arrival & departure document) Social Security card / Proof of

application

Taxes Withheld from Check Federal Income Tax State Income Tax Social Security Tax

Only if enrolled less than 4 semester hours

(per IRS Regulations)

Payment Frequency Paid Semi-monthly Consult your department

coordinator if you have questions about your compensation

Tax Benefits for Education

We are not tax advisors

We cannot provide you with tax advice

We can provide you with information for consulting your tax advisor

Hope Credit Tax credit for

qualified tuition and related expenses

Generally only available during the first 2 years of post-secondary education

Freshman or Sophomore

Lifetime Learning Credit Applies to qualified

tuition and related expenses for enrollment in a course at an eligible education institution

Available for you, your spouse, or dependent

May be able to claim a lifetime learning credit of up to $1,000 for qualified tuition

Student Loan Interest Deduction Loan must be for

qualified education expenses

Cannot be from a related person or qualified employer plan

Available for you, your spouse, or your dependent

Deduction phases out, dependent upon income

Tuition and Fees Deduction Can decrease

your taxable income

Shows as an adjustment on Form 1040 or 1040A

Eligibility includes you, your spouse or your dependent

Applies to qualified tuition and fees required for enrollment or attendance

Scholarships excluded from income if amounts

are used to pay qualified tuition and expenses

student must keep records to substantiate the use of the amounts

Tuition Statement ECU will provide this completed

statement at the end of each calendar year