January 13, 2016
Topic: Human Resources
Employees who have not done so already can consent now to receive an electronic PDF copy of their 2015 U-M Form W-2 instead of an identical mailed copy.
Log in at Wolverine Access and click on the Faculty & Staff tab, then select Employee Self-Service, then Payroll and Compensation, then View Paycheck. Users will be prompted to provide consent before they can select a paycheck.
2015 W-2 forms are available for viewing and printing in Wolverine Access.
Choosing the electronic PDF copy will:
• Avoid having sensitive W-2 information, such as a Social Security Number, delivered via U.S. mail.
• Save significant postage and other associated mailing costs.
Last year, the university saved $28,000 in postage thanks to those who received an electronic copy.
For those who choose to receive their W-2 in the mail, hard copies will be mailed Jan. 31.
New tax form in 2016
The university also will mail every individual who was eligible for health benefits in 2015 the new Form 1095 tax document this month.
Form 1095 reports information about health care coverage as required by the Affordable Care Act. Employees should retain this form with other tax documentation needed to file their federal taxes.
The university will mail Form 1095 to current addresses no later than Jan. 31. U-M Form 1095s for 2015 are not available online. More information is available at hr.umich.edu/form-1095.
To ensure prompt delivery of tax forms by the U.S. Postal Service, current home address must be correct in U-M records. Addresses may be updated at Wolverine Access > Employee Self-Service > Campus Personal Information > Addresses.