Contacting Payroll
The Payroll Office is available 8:30 am - 5:00 pm.
For assistance, questions or concerns please contact our help line at 410-704-5599
or send an email to Payroll AT_TOWSON.
Pay Date Calendars and Schedules
Payroll Address Change
Payroll address changes must be reported to both the state of Maryland's Central Payroll
Bureau and Towson University.
The state of Maryland’s Central Payroll Bureau requires an updated W4 form with the
new address along with completion of the federal and state tax withholding sections. The
preferred method is online via Payroll Online Service Center (POSC).
If you must submit by paper, the appropriate Federal Form W4 (PDF) must be fully completed with the new address, along with federal and state tax withholding
sections, printed, signed and submitted to the appropriate offices for processing
(see below).
Student Employees
Submit your completed W4 form to the Payroll Office located on the fourth floor of
the Administration Building. Payroll staff will update your Towson University HR/Payroll
address and forward the form to Central Payroll Bureau.
Regular and Contingent Faculty or Staff
Submit your completed W4 form to the Office of Human Resources (OHR) located on the
first floor of the Administration Building and they will forward the form to Central
Payroll Bureau.
In addition Faculty and Staff must update their Towson University HR/Payroll address by logging on to PeopleSoft HCM, under Main Menu, Self Service, Personal Information Summary and click on Change
HR/Payroll Address. This address change will be sent to the State Employee Benefits
Division.
Direct Deposit Information
As a university employee, you are encouraged to participate in the many benefits offered
by the payroll direct deposit program.
Necessary steps to get or change direct deposit of paycheck
- Complete the online Direct Deposit Authorization Form (PDF).
- Print and sign the completed form.
- Return the form to the Payroll Office in Financial Services.
Benefits
- Automatic deposit of your paycheck to your checking or savings account
- Immediate access to your funds
- No waiting for the mail to arrive
- No standing in line at the bank
- No worries about potential for lost or stolen checks
How long to start
It usually takes one pay period before the direct deposit starts. The same is true
if you are changing banks - you will receive a paycheck for one pay period before
the new direct deposit starts.
Reallocation of Payroll Charges Between Budgets
If an employee's salary and/or fringe benefits have not been charged to the correct
department, or if an employee expense should have been split between multiple budgets
and was not, it is possible to reallocate those dollars.
Send an email to Payroll and include the specific information listed below. The person whose budget is to
be charged should verify the agreement to transfer the expenses.
- Reason for the reallocation
- Name of the employee whose expenses are to be moved
- Employee ID number
- Dollar amount to be moved
- The department number to be charged and the department to be credited
W2 Wage and Tax Statement
W2 wage and tax statements are prepared and mailed by the Central Payroll Bureau in
Annapolis, usually in mid-January. If not received by end of January, the W2 can be
printed using the Payroll Online Service Center (POSC).
If you still need help acquiring a replacement W2, contact the Financial Services
help line at 410-704-5599, option 1 or finservehelp AT_TOWSON. You may also contact the Central Payroll Bureau in Annapolis at 410-260-7964.
Understanding your W2
Compare the year-end pay stub information to the W2 statement. Year-end pay stubs
show actual earnings paid in the calendar year. The W2 reports only taxable earnings.
Taxable earnings are reduced by any pre-tax deductions, such as health insurance,
supplemental retirement contributions, flexible spending accounts, parking deductions,
etc.
If the W2 has an entry labeled "STPICKUP" in box 14 that amount must be entered on
line 3 of the Maryland Form 502 or line 19 of Form 505. The state pickup amount is
the mandatory retirement deductions that are paid during the year that are exempt
from federal tax but are subject to Maryland state and local tax.
If you need help estimating how withholding or deductions changes will affect your
net pay or taxes, Central Payroll Bureau's Net Pay Calculator can be useful in estimating taxes and net pay. Have a copy of the most recent pay
stub to enter all pay and deduction information, calculate and compare net pay to
the pay stub (could be off by pennies due to rounding). This process can be repeated:
make changes, recalculate, and see the net pay difference.
