Have any of you heard about this new IRS ruling that postdoctoral
students and postdoctoral fellows are ineligible for the student FICA
exemption, and that the IRS makes no exception for holders of NIH NRSAs
and similar fellowships?

See attached article from Next Wave (Science magazine's online
publication). In case you cannot access the Next Wave article, I've also
attached the link to the IRS publication (Internal Revenue Bulletin :
2005-2)

http://nextwave.sciencemag.org/cgi/content/full/2005/03/31/9

http://www.irs.gov/irb/2005-02_IRB/ar16.html

How does your institution plan to handle FICA and Medicare taxes for
postdoctoral fellows?

Laurie

--
Laurie Chamness
Assistant Director
Office of Research and Sponsored Programs
Medical University of South Carolina
PO Box 250808
Charleston, SC  29425

Ph (843) 792-3832
Fax (843) 792-6447
E-Mail:  xxxxxx@musc.edu

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