News and Announcements
2019 W-2 and Fellowship/Assistantship Information Now Available
The following 2019 tax information is now available in HRMS.
- 2019 Form W-2s are available for viewing and printing in HRMS. Log on to HRMS with your NetID and password and follow the path: Main Menu > Self-Service > Payroll and Compensation > View W-2/W2-c Forms.
- 2019 Fellowship/Assistantship Letters are available for viewing and printing in HRMS. To view or print your letter, log-on to HRMS with your NetID and password and follow the path: Main Menu > Self-Service > Payroll and Compensation > View Fellowship/Assistantship Statements.
IRS Releases 2020 Form W-4
The IRS released the New 2020 Form W-4, Employee’s Withholding Certificate. Form W-4 has been substantially revised to comply with the income tax withholding requirements of the Tax Cuts and Jobs Act (TCJA) of 2017. If you have questions on how to complete the new W-4 form, please refer to the IRS web page.
The redesigned 2020 W-4 replaces worksheets with questions, which the IRS believes will make accurate withholding easier for employees. To comply with the TCJA, the new W-4 form no longer includes the concept of withholding allowances, which was previously tied to the amount of the personal exemption (which was eliminated by the TCJA). The new form includes questions regarding employees in households with multiple jobs and withholding tables for head of household filers.
IRS Continues to Remind Taxpayers to do a Paycheck Checkup
The IRS launched a new Tax Withholding Estimator on the IRS.gov website. It replaces and expands the old IRS Withholding Calculator.
The new tool offers employees a robust, mobile-friendly, step-by-step way to tailor the amount of income tax withheld from their wages. The IRS urges everyone to do a paycheck checkup and review their withholding for 2020.
Those most at risk of having too little tax withheld include those who itemized in the past but now take the increased standard deduction, as well as two-wage-earner households, employees with non-wage sources of income and those with complex tax situations.
Please note that the Payroll Office is unable to answer any personal questions on taxation or amounts that an individual should have withheld. Employees should seek advice from a tax professional on these matters.