Taxpayer Overview

Our first taxpayer is Simone Dupont. Here is basic information about her:

She was born April 15, 2001. She is a citizen and permanent resident of France and is single. Her address in her home country is 27 Rue Pasteur, Cabourg 14390, France. She came to the United States in F-1 immigration status on August 1, 2020. She has remained in this country ever since and is a full-time student at the local university.
Simone began working on the university campus on January 3, 2022. She filed Form 8233 with the payroll department on January 15, 2022, allowing the university to not withhold taxes. She earned $12,225 in wages.
Simone received a scholarship that covered her room and board of $14,500 for the year. Simone will claim a treaty exemption for this amount. She received a Form 1042-S for this.
Simone purchased ABC stock on November 2, 2020 for $200 and sold the stock September 1, 2022 for $1,000. Simone meets all the requirements of the United States-France Income Tax Treaty - Article 13(6).
She did not have to pay income tax in France on her U.S. earnings. She did not take any affirmative steps to apply for permanent residence in the United States.
If Simone must submit a return, she wants any refund mailed to her. She does not want to authorize anyone else to discuss the return with the IRS.

Foreign Student Comprehensive Practice