At this time, Illinois State University will not be implementing the executive order signed on August 8 deferring the withholding and depositing of payroll taxes. Guidance provided to date is limited, requires repayment of deferred taxes, and did not provide adequate time to accommodate the changes in our systems.
Given the ongoing coronavirus (COVID-19) pandemic, the University has extended the distribution of paychecks via the United States Postal Service through the end of the 2020 calendar year.
Updating your federal and state tax withholding became easier with the release of online withholding PDF forms on February 26.
Form 1095-C (Employer-Provided Health Insurance Offer and Coverage Insurance) was mailed on February 24, 2020, via the United States Postal Service (USPS).
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.
Hard-copy Form W-2s were mailed on January 17, 2020. Address changes made after January 13, 2020, are not included in the 2019 Form W-2 mailing.
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 2020, you must provide a new Form W-4 to the University Payroll Office by February 15, 2020.
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.
The IRS announced that it has extended the 2020 due date for certain entities to provide 2019 health coverage information forms to individuals.
