HR, Payroll and Benefits News

W-2 (Wage and Tax Statements) Now Available Online; to be Mailed by January 29, 2016
January 25, 2016

The 2015 W-2 Wage and Tax Statements are now available online in the My UW System portal. Your statement is located under the Tax Statements tab in the Payroll Information module. Paper copies of the W-2 will be mailed via U.S. mail and postmarked by January 29, 2016.

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 (1095-C, 1042-S, Fellowship/Scholarship Letter, 1099-Misc Form). The 1095-C (new this year) will be mailed via U.S. mail and available on the portal in early February.

The 1042-S, Fellowship/Scholarship Letter and 1099-Misc Forms will be mailed via U.S. mail as they are available. The 1042-S and Fellowship/Scholarship Letters will be posted on the portal when available. The 1099-Misc Forms will not be available on the portal.

Employees are reminded that they should use their W-2 Form, not their final 2015 Earnings Statement to file their taxes. Some employees have had adjustments made to their 2015 taxable earnings since the last 2015 payroll was paid. These employees may have an additional earnings statement generated reflecting these adjustments. These adjustments will already be reflected on the W-2 Form that the employee receives.

The Internal Revenue Service (IRS) began accepting returns on January 19, 2016 for the 2015 tax filing season. To minimize your chance of a fraudulent return being processed using your Social Security number (SSN), or Individual Tax Payer Identification number (ITIN), you may want to consider filing a return as early as you are able. More information is available on the IRS website.

Additional Resources: W-2 Explanation

Source: UW Service Center
Categories: Tax