View previous topic :: View next topic |
Author |
Message |
kylemcgee
Joined: 04 Nov 2009 Posts: 86 Location: Various..
|
Posted: Sat Jun 05, 2010 11:37 am Post subject: Ever been asked to pay to verify documents? ELF info.. |
|
|
Hello -
I have applied for the Georgetown ELF program online and they have requested an interview. However, my MA is from Nottingham uni in England and they have requested that I pay for a evaluation service to make sure the program is up to their standards citing the following from the site:
"If your qualifying degree was awarded by a non-U.S. institution, you must have your degree evaluated by an educational credential evaluation service. Visit National Association of Credential Evaluation Services for a list of evaluation companies."
From what I can tell, most of the evaluation companies charge $200 which is NOT refunded from the ELF program even if you get the job. Does this seem normal? Reasonable?
Also, I understand you must pay tax on the salary ($25,000) that you receive as an independent contractor. How much would that actually work out to? Any idea or experience with this?
Thanks in advance for the help!
Kyle |
|
Back to top |
|
 |
michgreen
Joined: 16 Apr 2010 Posts: 27
|
Posted: Sat Jun 05, 2010 2:06 pm Post subject: |
|
|
Many university jobs in the States require a non-US MA to be evaluated and on your dime. |
|
Back to top |
|
 |
johntpartee
Joined: 02 Mar 2010 Posts: 3258
|
Posted: Sat Jun 05, 2010 3:09 pm Post subject: |
|
|
Tax on self-employment can vary greatly, depends on your deductions. The US tax laws for self-employment income are VERY complicated; not difficult, just a lot of different stuff. |
|
Back to top |
|
 |
kylemcgee
Joined: 04 Nov 2009 Posts: 86 Location: Various..
|
Posted: Sat Jun 05, 2010 3:17 pm Post subject: |
|
|
johntpartee wrote: |
Tax on self-employment can vary greatly, depends on your deductions. The US tax laws for self-employment income are VERY complicated; not difficult, just a lot of different stuff. |
Thanks for the feedback. Can you give a guess? Single male with no dependents? This would be the only income. A rough percentage would be fine.
Thanks!
Kyle |
|
Back to top |
|
 |
johntpartee
Joined: 02 Mar 2010 Posts: 3258
|
Posted: Sat Jun 05, 2010 3:22 pm Post subject: |
|
|
I couldn't even begin to guess. Just remember, EVERYTHING that's job related is a deduction, including your degree verification, travel, some meals, some housing (there is an "exclusive use" rule that applies here). Also, remember that "deduction" doesn't mean that all of your job expenditures are free, it means you don't pay tax on the amount that you spend. |
|
Back to top |
|
 |
jr1965
Joined: 09 Jul 2004 Posts: 175
|
Posted: Sat Jun 05, 2010 5:38 pm Post subject: |
|
|
Quote: |
Can you give a guess? Single male with no dependents? This would be the only income. A rough percentage would be fine. |
Kyle,
The simple answer to your question based on the info above is that you�re probably going to pay roughly 15%-18% of your annual income in taxes after deductions. (This is for taxes paid to the Feds & State combined.) I�ve been freelancing for almost 10 years and am based in California at the moment. |
|
Back to top |
|
 |
kylemcgee
Joined: 04 Nov 2009 Posts: 86 Location: Various..
|
Posted: Sat Jun 05, 2010 5:39 pm Post subject: |
|
|
jr1965 wrote: |
Quote: |
Can you give a guess? Single male with no dependents? This would be the only income. A rough percentage would be fine. |
Kyle,
The simple answer to your question based on the info above is that you�re probably going to pay roughly 15%-18% of your annual income in taxes after deductions. (This is for taxes paid to the Feds & State combined.) I�ve been freelancing for almost 10 years and am based in California at the moment. |
Great. Thanks for the info! I am from California too. |
|
Back to top |
|
 |
naturegirl321

Joined: 04 May 2003 Posts: 9041 Location: home sweet home
|
Posted: Sun Jun 06, 2010 12:08 am Post subject: |
|
|
Yep, I have. It was about the same amount. |
|
Back to top |
|
 |
csfek
Joined: 09 Aug 2006 Posts: 41 Location: USA
|
Posted: Sun Jun 06, 2010 4:39 am Post subject: |
|
|
It is normal to have your foreign MA evaluated for a lot of jobs in the US, but I don't know about the ELF program. I have an MA from a foreign university and I did the ELF program last year, but they didn't make me have my MA evaluated. Maybe they have changed their policies. I have had it evaluated for other US jobs though, including my current K-12 teaching job. It costs around 200 dollars for a course by course evaluation.
As far as taxes go, you have to pay taxes on the $25,000 stipend that you get for the ELF program. They don't withhold anything. You could end up paying quite a lot ( I did) but I think if you have a good accountant (which I didn't) you can figure out ways to pay less than you would otherwise.
If you have any other questions about the ELF program, feel free to PM me. |
|
Back to top |
|
 |
kylemcgee
Joined: 04 Nov 2009 Posts: 86 Location: Various..
|
Posted: Sun Jun 06, 2010 7:55 am Post subject: |
|
|
csfek wrote: |
It is normal to have your foreign MA evaluated for a lot of jobs in the US, but I don't know about the ELF program. I have an MA from a foreign university and I did the ELF program last year, but they didn't make me have my MA evaluated. Maybe they have changed their policies. I have had it evaluated for other US jobs though, including my current K-12 teaching job. It costs around 200 dollars for a course by course evaluation.
As far as taxes go, you have to pay taxes on the $25,000 stipend that you get for the ELF program. They don't withhold anything. You could end up paying quite a lot ( I did) but I think if you have a good accountant (which I didn't) you can figure out ways to pay less than you would otherwise.
If you have any other questions about the ELF program, feel free to PM me. |
Where did you have it evaluated? What was the process? Specifically what did you have evaluated? Each company seems to have many options.
Any particular comments about the ELF program? Good or bad?
Thank in advance for your help!
Kyle |
|
Back to top |
|
 |
|