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 Application for Refund Tax Exempt Usage TEU 2023-2024

2023-2024 Form

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what is the fica tax refund briefly speaking in 1935 the federal insurance contributions act fica along with the social security act was created and the revenue generated from these programs contributes to the total gross income of social security and medicare programs used to support retirees and their beneficiaries so why is this important for immigrants if you're in the united states on an f1 j1 m1 q1 or q2 visa or are classified as a non-resident immigrant then you qualify for a fica tax refund the refund also applies to those who overpay the system once they reach the wage base limit of 142 800 in 2021 if you qualify you'll want to start the refund process as soon as possible since it must be filed within three years in order to get your refund you'll want to contact your employer and let them know of your exemption so they can provide you with an updated w-2 this will be the fastest and easiest approach to take it's also the most efficient since your employer will continue to acc

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