Summary of Tax Rates
Temple University is required by federal, state and local tax laws to withhold applicable taxes from an employee’s pay and remit the withholdings to the appropriate taxing authority. In addition, the university is required to list these deductions on the employee’s paycheck showing the wage(s) paid and taxes withheld. At the end of the tax year, the employee will be issued a Wage and Tax Statement (Form W-2). Note that the information presented below is in accordance with federal, state and local taxing authority regulations.