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travelnguy
Joined: 27 Sep 2007
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 Posted: Sun Apr 19, 2009 5:37 pm Post subject: EPIK - Tax Exempt Form |
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After having been here for two years and not paying taxes, I have now been asked to provide a tax exempt form. Does anyone know what this is?
My co-teacher said I could use a utility bill from when I was living in the US, but I am not sure why that would work. If they are just trying to prove my residence, then my transcripts would suffice.
Has anyone had to provide one? What did you use? How did you go about getting it?
Thanks in advance. |
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Ut videam
Joined: 07 Dec 2007
Location: Pocheon-si, Gyeonggi-do
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| Posted: Sun Apr 19, 2009 5:42 pm Post subject: |
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You need to file Form 8802 with the IRS. Successful filing will result in the issuance of a Form 6166, Certification of US Residency.
Form: http://www.irs.gov/pub/irs-pdf/f8802.pdf
Instructions: http://www.irs.gov/pub/irs-pdf/i8802.pdf
According to the terms of the tax treaty, you must certify your US residency at the time you took up the Korean teaching job. So, when it asks you what year you're filing for, use the year you started your job. |
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refikaM
Joined: 06 May 2006
Location: Gangwondo
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| Posted: Sun Apr 19, 2009 11:50 pm Post subject: taxes |
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| It seems that it varies from school to school about having to submit these forms.. I have never been asked to submit any tax/residency forms and I'm into my 3rd year here (EPIK Gangwondo). Other Americans I know also have never been asked.. However, some teachers are asked to provide a form shortly after arrival even though they are exempt from paying taxes the first 2 years... Dunno why that is.. Any guesses? |
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naturegirl321
Joined: 18 Jul 2006
Location: Home sweet home
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| Posted: Fri Dec 18, 2009 8:10 am Post subject: |
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| What do you file if you're an American citizen, but not an American resident? I left the US back in 2003. |
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runthegauntlet
Joined: 02 Dec 2007
Location: the southlands.
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| Posted: Fri Dec 18, 2009 6:20 pm Post subject: |
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| Ut videam wrote: |
According to the terms of the tax treaty, you must certify your US residency at the time you took up the Korean teaching job |
and then pay U.S. taxes, no?
If you don't pay Korean taxes, you have to pay U.S. taxes. Is that right? You guys do that? |
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runthegauntlet
Joined: 02 Dec 2007
Location: the southlands.
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| Posted: Fri Dec 18, 2009 6:21 pm Post subject: |
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| naturegirl321 wrote: |
| What do you file if you're an American citizen, but not an American resident? I left the US back in 2003. |
The 1040 and the 2555 (foreign income earned). This is what you file when you earn income abroad. |
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naturegirl321
Joined: 18 Jul 2006
Location: Home sweet home
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| Posted: Fri Dec 18, 2009 6:28 pm Post subject: |
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| runthegauntlet wrote: |
| naturegirl321 wrote: |
| What do you file if you're an American citizen, but not an American resident? I left the US back in 2003. |
The 1040 and the 2555 (foreign income earned). This is what you file when you earn income abroad. |
No no, I mean, what do you file to show Korea that you were not a Korean resident when you started so that you get the 2 years no taxes? Would I have to get some tax doc from Peru  say it isn'�t so, I'd have to stand in line for about five hours. |
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naturegirl321
Joined: 18 Jul 2006
Location: Home sweet home
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| Posted: Fri Dec 18, 2009 6:29 pm Post subject: |
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| runthegauntlet wrote: |
| Ut videam wrote: |
According to the terms of the tax treaty, you must certify your US residency at the time you took up the Korean teaching job |
and then pay U.S. taxes, no?
If you don't pay Korean taxes, you have to pay U.S. taxes. Is that right? You guys do that? |
Is that what you do? Pay US taxes for the first two years? Then pay Korean taxes after that? I think I'd rather just pay Korean taxes from the beginning, they're only like 5% max, right? The US is way higher than that. |
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runthegauntlet
Joined: 02 Dec 2007
Location: the southlands.
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| Posted: Fri Dec 18, 2009 6:35 pm Post subject: |
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| naturegirl321 wrote: |
| runthegauntlet wrote: |
| Ut videam wrote: |
According to the terms of the tax treaty, you must certify your US residency at the time you took up the Korean teaching job |
and then pay U.S. taxes, no?
If you don't pay Korean taxes, you have to pay U.S. taxes. Is that right? You guys do that? |
Is that what you do? Pay US taxes for the first two years? Then pay Korean taxes after that? I think I'd rather just pay Korean taxes from the beginning, they're only like 5% max, right? The US is way higher than that. |
Yeah, that's what I've never got and I don't think many people understand that. I could be wrong, but my understanding is that you have to pay taxes somewhere, so if you're not paying Korean taxes because you're claiming American residence, you're paying American taxes (or not, but then you'll get in trouble at some point).
Which, imo, is a bit stupid. Korean tax is between ~1.8-3% for the majority of us, while American taxes are...what... 15%+?
But again, I'm not a tax expert...
Last edited by runthegauntlet on Fri Dec 18, 2009 6:37 pm; edited 2 times in total |
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runthegauntlet
Joined: 02 Dec 2007
Location: the southlands.
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| Posted: Fri Dec 18, 2009 6:36 pm Post subject: |
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| naturegirl321 wrote: |
| runthegauntlet wrote: |
| naturegirl321 wrote: |
| What do you file if you're an American citizen, but not an American resident? I left the US back in 2003. |
The 1040 and the 2555 (foreign income earned). This is what you file when you earn income abroad. |
No no, I mean, what do you file to show Korea that you were not a Korean resident when you started so that you get the 2 years no taxes? Would I have to get some tax doc from Peru say it isn'�t so, I'd have to stand in line for about five hours. |
No idea. |
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naturegirl321
Joined: 18 Jul 2006
Location: Home sweet home
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| Posted: Fri Dec 18, 2009 6:40 pm Post subject: |
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| runthegauntlet wrote: |
Yeah, that's what I've never got and I don't think many people understand that. I could be wrong, but my understanding is that you have to pay taxes somewhere, so if you're not paying Korean taxes because you're claiming American residence, you're paying American taxes (or not, but then you'll get in trouble at some point).
Which, imo, is a bit stupid. Korean tax is between ~1.8-3% for the majority of us, while American taxes are...what... 15%+?
But again, I'm not a tax expert... |
Maybe I could claim Peru as my tax residency if we don't sell our house, we'd pay about 300 usd in taxes a year. Don't think I can claim American residency.
I don't really get it. I htink I'll just put Korea down as tax residency, after all, I WILL BE paying taxes there on things like groceries, etc.
I figure there are bigger fish to fry than us English teachers, I think I've only made over proverty line a couple times since I left in 2003, and even then it wasn't much money at all. |
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