HR, Payroll and Benefits News

W-2 (Wage and Tax Statements) Available Online
March 30, 2015

The 2014 W-2 Wage and Tax Statements are available in My UW System (in My UW under the Work Record tab for UW-Madison employees).  Statements are located in the Payroll Information module under the Tax Statements tab.  If you are receiving a W-2C for 2014 (a corrected W-2) this statement will also be in the portal. All paper copies of the W-2 were mailed to employees in January.

A printed Form W-2 from the portal is a valid document for tax filing. However, if you are filing a paper tax statement, 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 are being mailed via U.S. mail as they are available. The 1042-S Forms and Fellowship/Scholarship Letters are currently posted on the portal. The 1099-Misc forms will not be available on the portal.

Employees are reminded that they should use their Form W-2, not their final 2014 earnings statement to file their taxes. Some employees have had adjustments made to their 2014 taxable earnings since the last 2014 payroll was paid. These employees may have an additional earnings statement generated reflecting these adjustments. These adjustments will already be reflected on the Form W-2 that the employee receives.

Related Link: Explanation of the W-2 Wage and Tax Statement

Source: UW Service Center
Categories: Tax