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Kim Lee, a citizen of South Korea, came to the United States in F-1 immigration status (number 3344123344) on January 01, 2022. He has remained

Kim Lee, a citizen of South Korea, came to the United States in F-1 immigration status (number 3344123344) on January 01, 2022. He has remained in the country since then and is a full-time student at the local university. Kim, born July 25, 2001, is single. He began working at the university on February 10, 2022. He filed the proper withholding and treaty forms with the university payroll office before beginning his job. Since filing these forms correctly, he received a Form 1042-S for the treaty benefit for his wages. Kim was not in the U.S. before and therefore, has not filed an U.S. tax return in any prior year. Kim also received a scholarship from the university he was attending. He filed the appropriate forms to claim his treaty benefit for the scholarship. Therefore, he received a Form 1042-S. Kims address in South Korea is Bldg. 102 Unit 304, Sajik-ro-3-gil (Street) 23, Jongno, Seoul (South Korea) 30174. If he is entitled to a refund, he wants a direct deposit to his checking account. The routing number is 123456789 and the account number is 98765432100. He doesnt want to designate anyone to discuss his return with the IRS. He did not take any affirmative steps to apply for permanent residence in the U.S. Kims U.S. income will not be taxed in his home country. Using the following information (two Forms 1042-S and a Form W-2), complete Kims federal income tax return. (Kim would also need to file Form 8843, but assume that he has already completed that on his own.) After completing the required tax form, review the scenario and resource materials, and answer each of the test questions.

1.Is $8,500 the amount entered on the line for wages, salaries, tips, etc. on Form 1040-NR?

a. Yes

b. No 26.

2. Is $8,500 the amount of Adjusted Gross Income on the Form 1040-NR?

a. Yes

b. No 27.

3.Is $880 the amount of Itemized Deductions on the Form 1040-NR?

a. Yes

b. No 28.

4.Is $8,420 the amount for taxable income on the Form 1040-NR?

a. Yes

b. No 29.

5. What is the total amount entered into the Income Exempt from Treaty in Schedule OI?

a. $0

b. $2,000

c. $6,000

d. $8,000

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