Students-US Citizen and Permanent Residents
Students actively enrolled in a degree program at the University are exempt from Social Security and Medicare (FICA) taxes for wages earned during the academic year. Wages earned during the eight-week summer break are subject to Social Security-OASDI and Medicare tax that will be reported to the IRS on form W-2.
Report Taxable Fellowship Payments for U.S. Citizens who are Graduate Students and Postdoc Research Fellows
Fellowship payments are taxable, yet Princeton does not withhold and remit taxes from fellowship stipends issued to U. S. Citizens or permanent residents. The annual amount of fellowship stipends received can be obtained from the final pay statement of the year, in the Year to Date (YTD) column. For more information go to the W-2 page, a chart is available for your convenience.