The Internal Revenue Service (IRS) has announced that tax season will open on Monday, January 27, 2020. The IRS will begin accepting paper and electronic tax returns that day.
Unit: Payroll
IRS extends due date for employers to issue 2019 health coverage forms
The IRS announced that it has extended the 2020 due date for certain entities to provide 2019 health coverage information forms to individuals.
IRS Issues 2020 Form W-4
On December 5, the IRS issued the redesigned 2020 Form W-4 (Employee Withholding Certificate). The new form has replaced withholding allowances with a five-step process for determining employee withholding.
Time for employees to review W-4 forms
It is time for employees to review their current Form W-4 status for preferred changes in filing status and/or number of allowances needed for tax year 2020.
Employees can receive tax forms online
Active employees may elect to receive their Form W-2 and 1095-C statements online.
Pay date for the University closures, direct deposit information
As the semester comes to a close, employees should be aware of the Friday, December 20, pay date and University closures.
2018 Form W-2 Wage and Tax Statements to be mailed by January 22
As of January 21, 2019, electronic versions of these forms were made available through iPeople Self-Service. Address changes made after January 16, 2019, have not been included for the 2018 Form W-2 mailing.
W-2/pay advice reconciliation template
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 automobiles
Under IRS regulations, employees are subject to Federal and State income and withholding taxes on the value of your personal use of an employer-provided vehicle.
2018 exempt Form W-4
To continue to be exempt from withholding for 2019, you must provide a new Form W-4 by February 15, 2019.