W-2 & FORM 1095-C
Effective tax year 2016, as required by the Internal Revenue Service (IRS), the University of Montana must provide all employees a Form W-2 Wage and Tax Statement (W-2) and Form 1095-C Employer-Provided Health Insurance Offer and Coverage (1095-C) each calendar year to be used by the employee in completing their annual US Individual Income Tax Return. The W-2 statement details the employee’s wages, tax withholding and other important payroll information for the calendar year. Form 1095-C details the months for which the employee and applicable dependents had essential minimum coverage through the Montana University System or that coverage was offered to the individual.
In previous years, employees received paper copies of their W-2 statement. As an alternative to the paper W-2 and 1095-C statements, University of Montana employees may elect to receive their W-2 statement and Form 1095-C electronically online through the Cyberbear Employee Self Service System. Please read the entirety of this notice and provide your consent to receive all future W-2 and 1095-C statements exclusively in electronic format.
Due to the extended deadline from the IRS this year and awaiting software updates, the Form 1095-C will not be available at the same time as the W-2 statements are ready. We are planning to have Form 1095-C available on Cyberbear by the regulatory deadline of March 2, 2017.
ELECTRONIC TAX FORM ADVANTAGES
- Earlier employee access to the tax forms.
- The electronic tax forms can never be lost, stolen, delayed or misplaced by the US Postal Service or by the employee.
- Accessibility to the electronic tax forms from anywhere the employee has access to the internet.
- Access to the forms is securely protected through Cyberbear.
The Internal Revenue Service (IRS) allows the use and distribution of W-2 AND 1095-C statements in electronic form in lieu of paper forms. In order to do so, employees must consent to receive their W-2 statement and Form 1095C in electronic format by completing the following steps:
- Go to Cyberbear: http://cyberbear.umt.edu/
- Click on "Login to Cyberbear"
- Enter your Net ID and Password
- Select Tax Forms from the listing
- Select Electronic Yearly Tax Form Consent
- Read the Electronic W-2 Consent Statement then check the box for Tax Form(s) you would like to receive electronically
Employees who started their employment in 2016 with the University of Montana and wish to receive an electronic tax form, will need to email electronic consent to: email@example.com,Employees who consent to receive their W-2 and 1095-C statements online will not receive a paper copy of the W-2 and 1095-C statements. If an employee does not consent, they will continue to receive paper copies of their tax statements that will be mailed to their mailing address on record.
The employee can change his/her option and withdraw consent to online delivery by un-checking the consent check box and clicking the "Submit" button or by email and/or other written notice to:
University of Montana
Human Resource Services
Emma B. Lommasson Center, Room 252
Missoula, MT 59812
Phone: 1.406.243.6766 or 1.406.243.6634
If consent is withdrawn, it will only be effective for the W-2 statement not yet issued. All employees should be cognizant that the W-2 and 1095-C statements, even when provided electronically, should print the tax statements for personal record keeping. Each year's online electronic W-2 and 1095-C statements will remain online on Cyberbear Employee Self Service.
IMPORTANT TAX FORM NOTES
Requests for duplicate W-2 and 1095C statements must include payment of a $5.00 fee. You may need to come back at a later date to pick up the requested duplicate.
W-2s can also be accessed via Cyberbear on January 23, 2017. (This may be subject to change).
- Log into Cyberbear using your NetID and password
- Click - Tax Forms
- Click - W-2 Year End Earnings Statement and/or Form 1095-C
- Select the Tax year using the drop down arrows
- Click - the Display button.
- At the bottom of your displayed W-2, click - the Printable W-2 button.
- Print your W-2 by clicking "FILE and PRINT"options at the top right corner of the page on the "Tools" menu.
Global Engagement Services will be hosting a tax preparation seminar for foreign students & scholars. Contact their office at 243-2288 for more information.
- All paper W2s will be mailed out to the employee's home address listed in CyberBear no later than January 31, 2017.
- There will be no department W2 pickup this year.
EZ ONLINE FILING
The Montana Department of Revenue Form 2EZ is comparable to the federal Form 1040EZ, and offers an improved filing option for taxpayers whose only sources of income are wages, interest and/or unemployment compensation. And, best of all, Form 2EZ can now be filed electronically - for free! To find out if you qualify to file Form 2EZ online or for information on filing requirements and deadlines, please visit the MT Department of Revenue or call (406) 444-6900 or toll-free (866) 859-2254. Filing information can also be found at Montana Department of Revenue.
VITA (IRS VOLUNTEER INCOME TAX ASSISTANCE PROGRAM)
The VITA Program offers free tax help to those with low-to-moderate income ($54,000 or less). Certified volunteers from the University of Montana receive training to help prepare basic tax returns in our community.
Gallagher Business Building, Room 209
Dates: Every Saturday beginning January 28, 2017 through March 4, 2017
Time: 9:00 a.m. to 4:00 p.m.
First come, first served--no appointments available.
- Photo ID and either:
- Social Security Cards for you, your spouse and dependents and/or a Social Security Number verification letter issued by the Social Security Administration, or
- Individual Taxpayer Identification Number (ITIN) assignment letter for you, your spouse and dependents.
- Birth dates for you, your spouse and dependents on the tax return
- Wage and earning statement(s) Form W-2, W-2G, 1099-R, from all employers
- Interest and dividend statements from banks (Form 1099)
- A copy of last year's federal and state returns, if available
- Bank routing numbers and account numbers for Direct Deposit
- Total paid for daycare provider and daycare provider's tax identifying number (the provider's Social Security Number of the provider's business Employer Identification Number)
- To file taxes electronically on a married-filing-joint tax return, both spouses must be present to sign the required forms.
- Returns that contain the following items of Schedules cannot be prepared by the Volunteers:
- Any return with incomplete information.
- Any return with a prior year carryover.
- Schedule C: Expenses greater than $5,000, with depreciation, or that shows a loss.
- Schedule D: Undocumented basis; Losses that are required to be carried over to the next year.
- Schedule E, Schedule F, and Schedule H are out of the Volunteer's scope.
Note: Special volunteer sessions will be held for Foreign National Students and Scholars on Saturday, March 11, 2017 and Saturday, March 18, 2017 from 9:00am until 4:00pm in the Gallagher Business Building, Room 209. (You must have an ITIN, and bring a completed Form 8843J).
Is money earned through a student work study job taxable?
Yes - this is considered taxable earnings and you will receive a W-2 that reflects those earnings. If you meet the requirements for tax filing, then you must file a federal Form 1040 that meets your specifications.
When will my W-2 be available for calendar year 2016?
The University of Montana's W-2s will be mailed on January 31, 2017 to the address on the form. Electronic versions will be available on Cyberbear after January 23, 2017. Call Human Resource Services at 406-243-6766 with questions.
What if I have earned wages in more than one state?
You will most likely need to file state tax returns in each state in which you earned wages. You should get a tax booklet from each state and look for instructions for "part year residents." Most states have web sites available with this information - look for the link to its Department of Revenue or Secretary of the Treasury.
Can Social Security and Medicare amounts be refunded to me?
Taxes that have been paid into the social security and Medicare programs will not be refunded to you. These are taxes paid by all employed American citizens to fund the Old Age Survivors and Disability Insurance program. When you have reached the appropriate age, you will be able to sign up for financial assistance through this program.
How come there are no amounts in boxes 3, 4, 5, and 6 of my W-2?
You were either an enrolled student taking a minimum of 6 credits while you were employed, or you are a non-resident alien who is not subject to this tax. If you are taking a minimum of 6 credit hours and are in a student position, then you are not subject to Social Security and Medicare taxes. You are also not eligible to file for unemployment based on those wages. If you are a non-resident alien who has not met the established residency requirements, then you are also not eligible to participate in the social security program.
INFORMATION & INSTRUCTION
- Understanding your 2016 W-2
- 1095-C Form Sample
- Montana State Tax Express
- Montana State Individual Taxpayer Resources
- IRS Volunteer Income Tax Assistance
January 31, 2017
W-2s processed and mailed via USPS.
April 18, 2017
Final filing day for Montana State and Federal Taxes.
For additional questions, please contact the University of Montana Human Resource Services Payroll Office at 1.406.243.6634 or email: firstname.lastname@example.org.