December 12, 2016
Topic: Human Resources
Form W-2 Wage and Tax Statements for 2016 will be available in January 2017 by one of two delivery methods.
An electronic version, available Jan. 6, will provide employees with early access to information. On that day employees should receive an email on how to receive the form electronically in Wolverine Access, then they can print the form at that time or at a later date.
Alternatively, hardcopy W-2s are scheduled to be mailed in late January.
By choosing an electronic PDF copy of their W-2, employees will avoid having sensitive W-2 information, such as Social Security numbers, delivered via U.S. mail. It will also help U-M save significant postage and other associated mailing costs. Last year, the university saved $30,000 in postage thanks to those who received their W-2 electronically.
The university also will mail every individual who was eligible for health benefits in 2016 the new Form 1095 tax document in January 2017. Form 1095 reports information about health care coverage as required by the Affordable Care Act. Recipients should retain this tax form with other tax documents needed to file their federal taxes.
The university will also provide Form 1095, which reports information about health care coverage, either electronically in Wolverine Access starting Jan. 23 or by mail by Jan. 31. Employees must consent to receive Form 1095 electronically by Jan. 8, and should retain this tax form with other tax documents needed to file federal taxes. More information is available at hr.umich.edu/form-1095.
To ensure prompt delivery of tax forms by the U.S. Postal Service, employees should make sure their current home address is correct in university records. They can update their current home address via the web. Go to Wolverine Access > Employee Self-Service > Campus Personal Information > Addresses.
Address updates also may be made using the "Address/Personal Data Form" available on the Human Resources website.