The Intl Withholding Tax charge (CO00) on your student account is for taxes associated with the Internal Revenue Service (IRS) reporting requirements for the 1042-S form.
You will be taxed on payments from U.S. sources if you receive a scholarship or fellowship (for which NO services are required), your scholarship or fellowship may consist of nontaxable items (tuition, book allowance, some fees), taxable items (including, but are not limited to, room and board, stipend, living allowance, travel payment/reimbursement and mandatory health insurance), or a combination of both nontaxable and taxable items.
If you are present in the U.S. under an F, J, M, or Q immigration status, the applicable rate of tax withholding is 14 percent; if you are present in the U.S. under any other immigration status, the applicable rate of tax withholding is 30%.
For more information, please contact Payroll services by emailing internationaltax@tamu.edu or go to the Payroll website at https://iss.tamu.edu/Resources/Tax-Information/International-Withholding-Tax.
"International Withholding Tax Reporting" for help viewing the total amount of International Withholding Tax you paid last year.
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