Tax Information

 

Payroll Office does not provide tax advice.

Mandatory Taxes - 2013 Tax Rates:

Social Security, tax rate is 6.20% wage base limit of $113,700

Medicare, tax rate is 1.45% with no limit.
Federal, tax rate is based on exemptions claimed and graduated tax brackets.
(Supplemental tax rate on additional pay is a flat 25%)
Massachusetts State, tax rate is 5.25% and based on exemptions claimed.  

To change your tax status:

You may change your tax status by filling out a new W4 or M4 at any time during the year. Forms are available on-line at the IRS web site

http://www.irs.gov/pub/irs-pdf/fw4.pdf

(for W4's) or The Commonwealth of Massachusetts  web site

 

http://www.mass.gov/dor/ 
 (for M4's). In addition, you may pick up either form at the Payroll Office (Rau 008). Tax withholding changes require a signed original form that must be submitted to the Payroll Office. 

View your tax withholding status for Federal and State on
MyBentleyhttps://my.bentley.edu/
If incorrect please notify Payroll (781-891-2154) immediately.

W2 Tax Form:

Available to view or print on your MyBentley portal.  Tax years available back to 1997.  Posted annually by mid-January.
MyBentley: https://my.bentley.edu/

If you have any questions you may call us at 781-891-2154 
or email us at, Payroll_Dept@bentley.edu.