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.
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.
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.
The Internal Revenue Service (IRS) has announced a start date for this year’s tax season.
2021 Form W-2s are available through My.IllinoisState beginning Monday, January 17.
The Illinois State University Payroll Office encourages active employees to elect to receive their Form W-2 and 1095-C statements online.
As the semester comes to a close, employees should be aware of the Wednesday, December 22, 2021 pay date and University Closures.
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.
The 2020 FORM 1095-C Employer-Provided Health Insurance Offer and Coverage was mailed on March 1, 2021.
International students and visiting scholars who were physically present in the U.S. under an F, J, M or Q visa during the 2020 calendar year are required by the U.S. Internal Revenue Service (IRS), along with potential state tax returns, to complete and submit a tax return. In general, your tax return must be submitted by April 15 following the end of the calendar year.
