Mandatory deductions made from the employee wages include federal and state income tax, Social Security contributions, Medicare, and garnishments for child support or unpaid federal, state, county or municipal taxes.
If authorized by the employee, Davidson will deduct certain amounts from an employee's gross wages. Deductions for insurance must be approved by a Human Resources office staff member. Additional deductions occur due to authorizations submitted to Business Services by other departments (e.g. Laundry, Information Technology Services, Institutional Advancement, etc.).
The employee should complete a new tax withholding form at Business Services upon:
(1) Change in number of exemptions;
(2) Reaching age 65 (if an additional exemption is desired);
(3) Change in marital status;
(4) Failure to qualify for claiming tax exempt status (W-4E or NC-4E) under Federal and/or State regulations (Employees must re-file each year as eligible).