Afrotc ft w2

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homewith4

10-Year Member
5-Year Member
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Where does it come from?

Detachment said to create a mypay account. Which is possible, but will require the password to be snail mailed. We were hoping to complete taxes on spring break. Any suggestions to expedite the processes.
 
If you don't want to create a myPay acct, you'll have to wait until the hardcopy W-2 gets mailed to the Detachment (which could be quite a while).
 
If you don't want to create a myPay acct, you'll have to wait until the hardcopy W-2 gets mailed to the Detachment (which could be quite a while). I suggest creating the myPay acct ASAP so your DS/DD can get familiar with the system. He/She will be using it alot through ROTC and on AD.
 
he just requested the mypay account....and the password will be snail mailed. Hope it comes by Apr 15...
 
Still no W2

Tomorrow is the day and no W2. The mypay password never came in the mail.

If anyone with a W2 from AFROTC SFT in 2012 would be willing to share the information for federal taxes, please send me a PM and I can email or call you. He is a resident of TX, so state taxes are not an issue.

Otherwise we will file and pay what he owes on taxable scholarship income and then amend the return when we track down the W2.
 
homewith4 said:
Tomorrow is the day and no W2. The mypay password never came in the mail.

If anyone with a W2 from AFROTC SFT in 2012 would be willing to share the information for federal taxes, please send me a PM and I can email or call you. He is a resident of TX, so state taxes are not an issue.

Otherwise we will file and pay what he owes on taxable scholarship income and then amend the return when we track down the W2.
Click to expand...

For AFROTC, he does not yet have any taxable income. The money for tuition and fees is non-taxable and the stipend, which he has not yet received, is non-taxable. The only taxable money I've received so far was incentive pay for my language classes and taxes were deducted from that before I even saw it. If it does not say "pay", my understanding is that it's non-taxable. So, if you are worried about having to pay extra taxes on his AFROTC scholarship, there are none. If you are talking about something else, then forget what I just said :shake:
 
Non-Ducor,

SFT is taxable because they get paid per diem while there. If your DS has not worked at all during the yr., he would not have made enough money to meet the min for filing. I think DS made @750 in 2010.
 
he has university based merit aid that is taxable because a portion went toward room and board. I think the taxes he paid for SFT will reduce the amount owed.

For those whose only job was SFT, the income does not require them to file. But if you do file, the federal income tax withheld would be refunded 100%. I got the numbers this morning...$891 gross and $66.69 in FITW. For many (not my DS) that would be a $67 refund.

I expect the numbers are right since SFT cadets are all paid the same amount. Taxes would only change if someone had a dependent. He's hoping no amendment will be required.
 
homewith4,

My apologies, since you said a MyPay account had not yet been made, I assumed your DS was an incoming freshman.
 
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