Finance for Staff

University Tax & Audit Compliance

Operational Notes & Procedures

  • Audited financial statements are published after the close of each fiscal year (July 1 to June 30)
Thomas Jefferson University Consolidated 2022 2021  2020
Thomas Jefferson University Uniform Guidance
2022 2021 2020
  • In general, requests for Jefferson’s Taxpayer Identification Number (TIN) are made by payers in order for them to properly report information in connection with payments made to Jefferson
  • Jefferson is exempt from Pennsylvania sales tax for most purchases directly related to its missions
  • Even though Jefferson is tax-exempt, it may still be liable for tax on unrelated business income
  • Annual IRS tax filings:

Ensuring Success Tidbits

  • Consult a professional tax practitioner for your personal income tax guidance or advice.
  • If you receive IRS 1099 Miscellaneous Income from a supplier, forward to 1101 Market Street, Floor 20, Suite 2003.