"Tax Forms" Archive

2020 Electronic W-2 now available

January 21, 2021

The following message is shared on behalf of Payroll Services.

The 2020 electronic Form W-2 is now available and can be securely accessed through Workday.

To access your 2020 Electronic W-2:

1. In Workday, click the Pay worklet.
2. In the View section, click My Tax Documents. Click More to see the additional options.
3. Within the Tax Year 2020 line, click View / Print.
4. After a few moments, your form will appear and will be available to print or download.

Note: Please do not email yourself a copy of your Form W-2 as it contains sensitive personal information such as your Social Security Number.

If you have not signed up to receive your W-2 electronically, it’s not too late to do so. Simply follow the steps below:

Read more

Updates from HR: Faculty-staff forum, MLK Day, revised COVID-19 Notice

January 14, 2021

Faculty & staff update: Jan. 15

Faculty and staff colleagues are invited to a joint update this Friday, January 15, at 4 p.m. via Zoom webinar for the most up-to-date information on public health and safety, vaccination planning, and a financial update.

Faculty and staff received an email from the Provost’s Office earlier this week with joining information.

University closed: Jan. 18

In observance of Martin Luther King Jr. Day, the University will be closed Monday, January 18.

View 2021 holidays » hr.wfu.edu

Revised COVID-19 Notice

The COVID-19 Notice has been updated to reflect the University’s ongoing efforts to respond to the pandemic during the spring semester. Key updates include information regarding the approach to asymptomatic testing of students and encouragement that individuals receive a COVID-19 vaccine when available.

Read more » ourwayforward.wfu.edu

Returning from international travel

Those who are returning to the United States are encouraged to follow the new CDC recommendations for international travel. Including, but not limited to:

• Get tested 1-3 days before travel and again 3-5 days after travel.
• Quarantine for 7 days after travel, or 10 days if you did not get tested.
• If there are people in your household who did not travel with you, wear a mask and ask everyone in the household to wear masks in shared spaces inside your home for 14 days after travel.

Learn more » cdc.gov

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Important Payroll message regarding 2020 electronic W-2 tax forms

January 11, 2021

The following message is shared on behalf of Payroll Services.

The University will issue W-2s to all employees by January 31, 2021. If you are a new employee or you have not previously elected to receive an electronic W-2, please enroll using the following instructions:

1. 1. In Workday, click the Pay Worklet.
   2. In the View section, click My Tax Documents (Click More for additional options).
   3. Under the Printing Election column, click Edit.
   4. Select Receive electronic copy of my Year End Tax Documents.
   5. Click OK.
   6. Click Done.

Benefits of receiving your W-2 electronically:

Faster: Electronic W-2s will be available up to two weeks sooner than printed and mailed forms, and they can be viewed anywhere with internet access. Additionally, they can be easily downloaded into tax software, reducing the risk of keying errors and the time it takes to file taxes and receive returns.

Greener: Viewing forms online helps protect the environment by cutting down on printed materials.

Safer: Secure electronic distribution helps protect your confidential information.

If you have any questions or need assistance during the enrollment process, please contact payroll@wfu.edu.

Regards,
WFU Payroll Team

New state tax form required for all employees

December 13, 2013

Resulting from the North Carolina Tax Reform Law passed earlier this year, the state’s Department of Revenue recently notified employers that all employees must complete a new “Employee’s Withholding Allowance Certificate.” You may choose to complete the Form NC-4 EZ or the Form NC-4.

Please complete and sign the appropriate form and submit to Payroll or Human Resources by 5:00 p.m. on December 20, 2013, either by scanned copy through email to payroll@wfu.edu or by mail. If your form is not received by December 20th, Payroll is required to withhold North Carolina taxes at the single status with zero allowances.

A Frequently Asked Questions document is available from the Department of Revenue, and additional information is included below. They also have an NC-4 Form call-number to answer your questions on how to complete the form; that number is (877) 252-4487.

As provided by the North Carolina Department of Revenue:

The North Carolina General Assembly recently enacted House Bill 998, which becomes effective for taxable years beginning on or after January 1, 2014. Under this new law, all taxpayers will pay a lower rate and be granted a higher standard deduction. Taxpayers may no longer claim a personal exemption for themselves, their spouse, children, or any other qualifying dependents. Additionally, many deductions and tax credits that impact North Carolina withholding tax are no longer available for tax years beginning on or after Jan. 1.

North Carolina allowances are no longer available for spouses, dependents over age 17, or for all income levels; therefore, your determination of allowances for tax year 2014 will differ from previous years. Most taxpayers will not be entitled to as many allowances and, as a result, more taxpayers will claim zero allowances. Although the state income tax is decreasing to a uniform rate of 5.8% and the allowance method is changing, employees may see an increase or decrease in tax withholding next year.

If you have questions, please contact Payroll at 336-758-2960 or email at payroll@wfu.edu.