Question

I am a US citizen in an overseas degree program. I earn 20k in stipend & and pay taxes overseas. I do not abroad long enough, so no exemption. How much tax do I pay? 1k?!

Forum|Forum|1 year ago
March 25, 2025
1 reply
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Since my program started in August 2024, I do not qualify for the Bona Fide or Physical Presence exemptions. But $1k in taxes seems excessive for having received $20k in housing stipend. FYI, my housing cost more than that.

TurboTax Deluxe Online

KrisD15

Is the stipend your only income?

Did you pay any foreign tax on the stipend?

Do you file as a nondependent or dependent US Taxpayer?

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O

oceanrest92Author

Hello! To answer your questions:

Is the stipend your only income? Yes

Did you pay any foreign tax on the stipend? Yes

Do you file as a nondependent or dependent US Taxpayer? Nondependent/Independent US Taxpayer.

I earned between $20-$24k. When I type $20k, Turbotax is saying the tax is $497. When I type $24k, it is saying the tax is $1049.

Thank you for your help.

DaveF1006

It depends on a couple of things. The Standard Deduction is $14,600 and the tax rate on both the $20K and $24K is 10% after the standard deduction is applied. The difference is within the ballpark with a slight margin for error because there may be other factors involved affecting the calculation.

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