Office of Tax Compliance
Drexel University is a non-profit, educational corporation incorporated in the Commonwealth of Pennsylvania. The University is responsible for complying with federal, state and local tax laws.
Generally, the University is exempt under IRC §501(c)(3) from federal and state income tax. However, certain activities may result in unrelated business income, which is subject to federal income tax. The University is also exempt from sales tax on some of its purchases in states where it is eligible for and has obtained sales tax exemption.
What Can the Office of Tax Compliance Help With?
The Office of Tax Compliance is responsible for:
- Providing guidance on international, federal, state and local tax issues for department and University administrators.
- Maintaining the University's tax documents, including sales tax exemption certificates.
- Preparing and filing the University's federal, state and local tax returns, including:
- Form 990
- Form 990-T
- Form 1042
- Sales Tax Returns
- Property Tax Returns
- Preparing and filing the University's state charitable solicitation registrations.
- Independent contractor determinations.
- Ensuring the correct tax withholding for nonresident alien individuals paid through the Payroll Office and Accounts Payable.
- Issuing Forms 1042-S.
The Office of Tax Compliance provides limited information regarding taxes, including general tax information for nonresident alien students, faculty and professional staff. However, the Office of Tax Compliance does not provide personal income tax advice to students or employees. Individual tax matters are a concern between the individual and the Internal Revenue Service or state.
For questions regarding Form W-2, please contact the Payroll Office.
For questions regarding Form 1098-T, please contact Drexel Central.
For questions regarding Form 1099-MISC, please contact Accounts Payable.