Click to review the below other materials related to tax withholding:

Instructions: How is Federal Tax Withholding Calculated for Adjunct Faculty or Student Academics?

Click the above link to download a copy of instructions outlining how to calculate the amount of federal tax withholding on compensation paid to a contract employee (i.e. those employees paid as part time adjunct faculty or student academics).

Reference Document: Fringe Benefit Information

Follow this link for detailed information about fringe benefits and the tax implications of these benefits. A fringe benefit is an additional benefit that is provided by IU and supplements an employee’s salary. Certain non-cash fringe benefits are considered taxable income per the Internal Revenue Service (IRS).

Reference Document: Personal Use of an IU Vehicle

Click the above link to download an outline on utilizing a vehicle for personal use and the tax implications of this. The document defines the personal use of a vehicle, provides examples of business versus personal use, the substantiation required for these instances, and contacts for additional questions.