Form W2 reporting for 457 deferred compensation plan
Form W-2, box 12, code G & EE, reporting of SURS 457 deferred compensation plan
Unit: Payroll
Pay Advice Reconciliation Template for Form W-2
Employees often ask what amounts are reported on a form W-2 and why the amounts on their pay advices are different from amounts on their form W-2.
Notice to employees of election not to withhold income tax on personal use of employer vehicles
Under IRS regulations, employees are subject to federal and state income and withholding taxes on the value of their personal use of an employer-provided vehicle.
Updated 2022 Form W-4 required for employees claiming ‘exempt’
To continue your exemption from tax withholding for 2022, you must provide a new form W-4 to the University Payroll Office by February 15.
Possible tax refund due to Earned Income Credit
Illinois State University employees may be eligible for the federal Earned Income Credit (EIC). It is a benefit for working individuals with low to moderate income.
IRS announces start of tax filing season
The Internal Revenue Service (IRS) has announced a start date for this year’s tax season.
2021 Form W-2 available as of January 17
2021 Form W-2s are available through My.IllinoisState beginning Monday, January 17.
Go paperless
The Illinois State University Payroll Office encourages active employees to elect to receive their Form W-2 and 1095-C statements online.
Don’t be left in the cold on payday
As the semester comes to a close, employees should be aware of the Wednesday, December 22, 2021 pay date and University Closures.
Time to review your W-4
It is time for employees to review their current Form W-4 (Employee’s Withholding Certificate) status for preferred changes in filing status and/or withholding needed for tax year 2022.
