W-2s will be mailed by Jan. 31, Form 1095-C releases by March 2, Form 1042-S sent by the third week of February
To maintain an exempt status, the W-4 must be updated by Feb. 14.
Failing to complete these tasks may result in excess taxes withheld, owing taxes or delay in receiving these tax forms.
In-state and remote employees must make sure their information is up-to-date and accurate in the employee portal.
Employees who work outside of Colorado should check their mailing addresses, pay advice and withholdings to ensure their taxes withheld are accurate.
Employee Services encourages you to review your 2018 W-4, use IRS withholding calculator to make sure you get the refund amount you’re expecting next tax season.
See what new tax laws mean for paychecks and tax form availability. Plus, our payroll director suggests a tool to help employees determine how new tax rates will affect them.
Ask employees to check their deductions and pay advice.
Help keep CU in compliance with federal tax laws: Direct new international employees to meet with international tax specialists.
To ensure taxes withheld are accurate based on an employee’s work location, the University of Colorado will begin withholding state taxes from the states in which these employees perform their work on Jan. 1, 2018.