Residency

News and briefs: Residency refund to help pay for KU facility

Residency Program Insider, October 23, 2012

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Kansas University is set to receive approximately $20 million in FICA taxes – about $5 million more than previously reported by the Internal Revenue Service, according to an online Lawrence Journal World article.
 

The refund is based on payroll taxes plus interest paid on residents back in the 1990s. Kansas University officials say they will use the money from the refund to help in a proposal to fund a new medical education building in Kansas City, Kansas.
 

To read more, click here.



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