Event Tickets
Process for Taxation of Non-wage Compensation
Description
An employee is given tickets, or purchases tickets for a discount greater than 20%, for their personal use.
This will appear on the employee’s paycheck as:
- ATH – WIK – Football and Basketball tickets
- OTH – WIK – All other tickets
Employee’s Responsibility:
- The employee has no responsibility to the University.
College or Department’s Responsibility:
- Provide a memo or spreadsheet to University Payroll (see deadlines below), with the following information:
- Employee Name
- Employee ID number
- Value of Tickets (season or individual)
- Pay Cycle (Bi-weekly or Monthly)
- Status of employee (Active, LOA, Terminated, etc)
Please Note:
- Memo or spreadsheet for Football Season tickets due in University Payroll by October 1st of each year.
- Memo or spreadsheet for Basketball Season tickets due in University Payroll by November 15th of each year.
- Memo or spreadsheet for all other tickets due in University Payroll quarterly (April, July, October, January)
University Payroll’s Responsibility:
