W-2 (Wage and Tax Statements) Now Available Online; To be Mailed by January 31, 2014
January 23, 2014
The 2013 W-2 Wage and Tax Statements are now available in My UW System. Your statement is located under the Tax Statements tab in the Payroll Information module. Paper copies of the W-2 will be postmarked by January 31, 2014.
A printed Form W-2 from the portal is a valid document for tax filing. However, you must write your Social Security number or Individual Tax Payer Identification number in the 'a' field at the top of each Form W-2 section. In order to increase the security of sensitive information online, any U.S. Social Security or Tax Payer identification number has been removed from the online statements.
Some employees will also receive additional tax forms from the University (1042-S, Fellowship/Scholarship Letter, 1099-Misc). These forms will be mailed via U.S. mail as they are available. The 1042-S and Fellowship/Scholarship Letter will be posted on the portal. The 1099-Misc forms will not be available on the portal.
Reminder: The Affordable Care Act requires employers to report the cost of coverage under an employer-sponsored group health plan. On your W-2 in Box 12, Code DD, you will see the cost of employer-sponsored health coverage including the employee and employer share of State Group Health premiums and the employee premium for EPIC Benefits+. These amounts are not taxable.
Employees are reminded that they should use their W-2 Form, not their final 2013 Earnings Statement to file their taxes. Some employees have had adjustments made to their 2013 taxable earnings since the last 2013 payroll was paid. These employees will have an additional earnings statement generated reflecting these adjustments. These adjustments will already be reflected on the W-2 Form that the employee receives.
Related Link: Explanation of the W-2 Wage and Tax Statement
Source: UW Service Center
Categories: Tax