I submitted a check request to OIPS for a $1,000 lecture honorarium, but the payee told me he only received a check for $700. What happened?
The statutory federal withholding rate for payments to most nonresident aliens is 30%. If we withheld $300, it means there was no applicable treaty exemption or reduced withholding provision available based on the information the person provided us. Your budget will still be charged the full $1,000. The other $300 was sent to the IRS as a withholding credit. Q: My department hosts a summer institute and invites college students from all over to participate. Some are internationals at other U.S. schools and others are coming from overseas. We want to give them some money to help defray their travel expenses. Can we do that? A: Assuming that the payment is not in return for services, yes. However, they will need to meet with the International Tax Coordinator and complete some forms. Please contact the Tax Coordinator well in advance of the event to make arrangements for this.
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