Taxes
Employment Taxes
Addresses in iO have tax withholding implications, so it is important for employees to make sure address(es) are correct to ensure appropriate taxes are withheld. It is the employee’s responsibility to ensure addresses and tax withholding are correct.
Please refer to the following tips and resources:
- You must have a Home Address, and it must be a U.S. address.
- If you have a home address outside of the U.S., you will need to add an International Home Address and make sure the Home Address is a U.S. address.
- More information is provided in iO where you update addresses. (Hover over the ? icon to the right of the Address section for tips.)
- You can refer to the Oracle Guided Learning (OGL) widget in iO for the Viewing and Changing Your W-4 Tax Withholding interactive guide or the Viewing and Changing Your W-4 video.
- The Form W-4 with instructions on the IRS website can provide additional help with completing your federal withholding.
More information regarding federal income, social security, and Medicare taxes (if applicable, state and local taxes) is available on the Controller’s Office Tax Department website. Foreign nationals can refer to Foreign National Tax for additional information.
Payments, Tax Withholding, and Reporting
Refer to the Rice Payment Reference Guide for tax withholding and reporting requirements on all types of income reported through payroll.
Tax Forms
Your employment income is reported on a Form W-2, which is provided in January each year to report the previous year's income (unless you are a foreign national who is eligible for and claimed a tax treaty benefit and your income did not exceed the treaty limit).