{"id":2104,"date":"2022-01-13T15:54:52","date_gmt":"2022-01-13T20:54:52","guid":{"rendered":"https:\/\/www.bu.edu\/postdocs\/?p=2104"},"modified":"2022-01-13T17:44:08","modified_gmt":"2022-01-13T22:44:08","slug":"how-to-complete-your-grad-student-postdoc-tax-return-and-understand-it-too","status":"publish","type":"post","link":"https:\/\/www.bu.edu\/postdocs\/2022\/01\/13\/how-to-complete-your-grad-student-postdoc-tax-return-and-understand-it-too\/","title":{"rendered":"How to Complete Your Grad Student\/Postdoc Tax Return (and Understand It, Too!)"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Are you intimidated by the prospect of preparing your grad student tax return? Are you confused by the tax forms you received from your institution or funding agency \u2013 or the forms you didn\u2019t? This asynchronous workshop breaks down how to calculate your taxable income from your salary, stipend, fellowship, grant, and\/or scholarships; minimize your tax liability using education tax benefits; and report your income, qualified education expenses, and estimated tax paid on your tax return. It also touches on the special tax situations that may apply to students under age 24. The workshop is for US citizens, permanent residents, and residents for tax purposes, and comprises pre-recorded videos, worksheets, and live Q&amp;A calls.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">What is included?<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">11 videos with transcripts totaling just under two hours, titled:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Introduction<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Background<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Tax Preparation Methods<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Self-Assessment: Income<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Higher Education Tax Benefits<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Self-Assessment: Qualified Education Expenses<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Applying Education Tax Benefits<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Filling Out Forms<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">If You Were Under Age 24<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">If You Are Class of 2021 (Bachelor\u2019s)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Off-Target Effects<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">2 worksheets (PDF and Excel versions)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Invitations to at least one live Q&amp;A call per month throughout tax season (open to everyone in the workshop)\u2014the recordings are added to workshop as well.<\/span><\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline;\"><em>PDPA is covering the cost of the workshop for up to 100 PhD students and Postdocs on a first come-first served basis. After that, the workshop can be purchased at the cost of $20 per person.<\/em><\/span><\/p>\n<p><strong>If you would like access to this content, please register using the form below.<\/strong> (*Please register only if you plan to use the workshop resources so you do not take a spot away from someone who needs it*).<\/p>\n<p>Shortly after you have registered with PDPA, you will receive a <span style=\"font-weight: 400;\">unique registration link from that leads to a unique version of the workshop. <\/span><span style=\"font-weight: 400;\">After you register with that site, you will receive their auto-generated login information. When you log in through PFforPhDs.community\/account\/login, they will see a link for the workshop.<\/span><\/p>\n<script type=\"text\/javascript\">var gform;gform||(document.addEventListener(\"gform_main_scripts_loaded\",function(){gform.scriptsLoaded=!0}),window.addEventListener(\"DOMContentLoaded\",function(){gform.domLoaded=!0}),gform={domLoaded:!1,scriptsLoaded:!1,initializeOnLoaded:function(o){gform.domLoaded&&gform.scriptsLoaded?o():!gform.domLoaded&&gform.scriptsLoaded?window.addEventListener(\"DOMContentLoaded\",o):document.addEventListener(\"gform_main_scripts_loaded\",o)},hooks:{action:{},filter:{}},addAction:function(o,n,r,t){gform.addHook(\"action\",o,n,r,t)},addFilter:function(o,n,r,t){gform.addHook(\"filter\",o,n,r,t)},doAction:function(o){gform.doHook(\"action\",o,arguments)},applyFilters:function(o){return gform.doHook(\"filter\",o,arguments)},removeAction:function(o,n){gform.removeHook(\"action\",o,n)},removeFilter:function(o,n,r){gform.removeHook(\"filter\",o,n,r)},addHook:function(o,n,r,t,i){null==gform.hooks[o][n]&&(gform.hooks[o][n]=[]);var e=gform.hooks[o][n];null==i&&(i=n+\"_\"+e.length),gform.hooks[o][n].push({tag:i,callable:r,priority:t=null==t?10:t})},doHook:function(n,o,r){var t;if(r=Array.prototype.slice.call(r,1),null!=gform.hooks[n][o]&&((o=gform.hooks[n][o]).sort(function(o,n){return o.priority-n.priority}),o.forEach(function(o){\"function\"!=typeof(t=o.callable)&&(t=window[t]),\"action\"==n?t.apply(null,r):r[0]=t.apply(null,r)})),\"filter\"==n)return r[0]},removeHook:function(o,n,t,i){var r;null!=gform.hooks[o][n]&&(r=(r=gform.hooks[o][n]).filter(function(o,n,r){return!!(null!=i&&i!=o.tag||null!=t&&t!=o.priority)}),gform.hooks[o][n]=r)}});<\/script>\n                <div class='gf_browser_gecko gform_wrapper gform_legacy_markup_wrapper gform-theme--no-framework' data-form-theme='legacy' data-form-index='0' id='gform_wrapper_79' >\n                        <div class='gform_heading'>\n                            <h3 class=\"gform_title\">Tax Return Workshop Registration<\/h3>\n                            <p class='gform_description'><\/p>\n                        <\/div><form method='post' enctype='multipart\/form-data'  id='gform_79'  action='\/postdocs\/wp-json\/wp\/v2\/posts\/2104' data-formid='79' novalidate>\n                        <div class='gform-body gform_body'><ul id='gform_fields_79' class='gform_fields top_label form_sublabel_below description_below'><li id=\"field_79_1\"  class=\"gfield gfield--type-text field_sublabel_below gfield--no-description field_description_below gfield_visibility_visible\"  data-js-reload=\"field_79_1\"><label class='gfield_label gform-field-label' for='input_79_1' >Name (First + Last)<\/label><div class='ginput_container ginput_container_text'><input name='input_1' id='input_79_1' type='text' value='' class='medium'      aria-invalid=\"false\"   \/> <\/div><\/li><li id=\"field_79_4\"  class=\"gfield gfield--type-text field_sublabel_below gfield--no-description field_description_below gfield_visibility_visible\"  data-js-reload=\"field_79_4\"><label class='gfield_label gform-field-label' for='input_79_4' >BU email address<\/label><div class='ginput_container ginput_container_text'><input name='input_4' id='input_79_4' type='text' value='' class='medium'      aria-invalid=\"false\"   \/> <\/div><\/li><li id=\"field_79_2\"  class=\"gfield gfield--type-select field_sublabel_below gfield--no-description field_description_below gfield_visibility_visible\"  data-js-reload=\"field_79_2\"><label class='gfield_label gform-field-label' for='input_79_2' >I am a...<\/label><div class='ginput_container ginput_container_select'><select name='input_2' id='input_79_2' class='medium gfield_select'     aria-invalid=\"false\" ><option value='PhD Student' >PhD Student<\/option><option value='Postdoc' >Postdoc<\/option><option value='Third Choice' >Third Choice<\/option><\/select><\/div><\/li><li id=\"field_79_3\"  class=\"gfield gfield--type-text field_sublabel_below gfield--no-description field_description_below gfield_visibility_visible\"  data-js-reload=\"field_79_3\"><label class='gfield_label gform-field-label' for='input_79_3' >Department\/Program<\/label><div class='ginput_container ginput_container_text'><input name='input_3' id='input_79_3' type='text' value='' class='medium'      aria-invalid=\"false\"   \/> <\/div><\/li><li id=\"field_79_5\"  class=\"gfield gfield--type-section gsection bu_google_recaptcha_section field_sublabel_below gfield--no-description field_description_below gfield_visibility_visible\"  data-js-reload=\"field_79_5\"><h2 class=\"gsection_title\"><\/h2><\/li><li id=\"field_79_6\"  class=\"gfield gfield--type-html bu_google_recaptcha gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below gfield_visibility_visible\"  data-js-reload=\"field_79_6\"><div class=\"g-recaptcha\" data-sitekey=\"6LeGxkEjAAAAAK4nzHZn3a_6jB2ELSN935WrVBfC\"><\/div><\/li><\/ul><\/div>\n        <div class='gform_footer top_label'> <input type='submit' id='gform_submit_button_79' class='gform_button button' value='Submit'  onclick='if(window[\"gf_submitting_79\"]){return false;}  if( !jQuery(\"#gform_79\")[0].checkValidity || jQuery(\"#gform_79\")[0].checkValidity()){window[\"gf_submitting_79\"]=true;}  ' onkeypress='if( event.keyCode == 13 ){ if(window[\"gf_submitting_79\"]){return false;} if( !jQuery(\"#gform_79\")[0].checkValidity || jQuery(\"#gform_79\")[0].checkValidity()){window[\"gf_submitting_79\"]=true;}  jQuery(\"#gform_79\").trigger(\"submit\",[true]); }' \/> \n            <input type='hidden' class='gform_hidden' name='is_submit_79' value='1' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submit' value='79' \/>\n            \n            <input type='hidden' class='gform_hidden' name='gform_unique_id' value='' \/>\n            <input type='hidden' class='gform_hidden' name='state_79' value='WyJbXSIsImQ5Y2U2OGUxNzE1OTZlYjZkN2E4MzI4YmJhNDVlODY3Il0=' \/>\n            <input type='hidden' class='gform_hidden' name='gform_target_page_number_79' id='gform_target_page_number_79' value='0' \/>\n            <input type='hidden' class='gform_hidden' name='gform_source_page_number_79' id='gform_source_page_number_79' value='1' \/>\n            <input type='hidden' name='gform_field_values' value='' \/>\n            \n        <\/div>\n                        <\/form>\n                        <\/div><script type=\"text\/javascript\">\ngform.initializeOnLoaded( function() {gformInitSpinner( 79, 'https:\/\/www.bu.edu\/postdocs\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery('#gform_ajax_frame_79').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_79');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_79').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){jQuery('#gform_wrapper_79').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_79').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_79').removeClass('gform_validation_error');}setTimeout( function() { \/* delay the scroll by 50 milliseconds to fix a bug in chrome *\/  }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_79').val();gformInitSpinner( 79, 'https:\/\/www.bu.edu\/postdocs\/wp-content\/plugins\/gravityforms\/images\/spinner.svg', true );jQuery(document).trigger('gform_page_loaded', [79, current_page]);window['gf_submitting_79'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}setTimeout(function(){jQuery('#gform_wrapper_79').replaceWith(confirmation_content);jQuery(document).trigger('gform_confirmation_loaded', [79]);window['gf_submitting_79'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_79').text());}, 50);}else{jQuery('#gform_79').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger('gform_post_render', [79, current_page]);gform.utils.trigger({ event: 'gform\/postRender', native: false, data: { formId: 79, currentPage: current_page } });} );} );\n<\/script>\n\n<p><em>The workshop was designed and created by Dr. Emily Roberts. <span style=\"font-weight: 400;\">Dr. Roberts is a personal finance educator specializing in early-career PhDs. Through her business, <a href=\"http:\/\/pfforphds.com\/\">Personal Finance for PhDs<\/a>, she equips graduate students, postdocs, and PhDs with Real Jobs to make the most of their money. She gives seminars at universities and for associations, interviews PhDs on her podcast, and creates courses and workshops on taxes, investing, and more. Emily holds a PhD in biomedical engineering from Duke University and lives in southern CA with her husband and two children.<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you intimidated by the prospect of preparing your grad student tax return? Are you confused by the tax forms you received from your institution or funding agency \u2013 or the forms you didn\u2019t? This asynchronous workshop breaks down how to calculate your taxable income from your salary, stipend, fellowship, grant, and\/or scholarships; minimize your [&hellip;]<\/p>\n","protected":false},"author":10585,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/postdocs\/wp-json\/wp\/v2\/posts\/2104"}],"collection":[{"href":"https:\/\/www.bu.edu\/postdocs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bu.edu\/postdocs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/postdocs\/wp-json\/wp\/v2\/users\/10585"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/postdocs\/wp-json\/wp\/v2\/comments?post=2104"}],"version-history":[{"count":2,"href":"https:\/\/www.bu.edu\/postdocs\/wp-json\/wp\/v2\/posts\/2104\/revisions"}],"predecessor-version":[{"id":2111,"href":"https:\/\/www.bu.edu\/postdocs\/wp-json\/wp\/v2\/posts\/2104\/revisions\/2111"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/postdocs\/wp-json\/wp\/v2\/media?parent=2104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bu.edu\/postdocs\/wp-json\/wp\/v2\/categories?post=2104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bu.edu\/postdocs\/wp-json\/wp\/v2\/tags?post=2104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}