Raider Salute for W-2s!

Did you know that over 2,600 printed W-2 tax forms were mailed during the polar vortex? All thanks to the extra efforts from Becky Bailey, Mary Jo Chisholm, Dan Guajardo, Mansfield Matthewson, and Tom and Melissa Stasiak! They stuffed envelopes at home, drove to campus to mail them, and submitted our numbers to the IRS! And even though the US post office was closed, our GRCC mail room still kept us in compliance for our January 31 mail-by date.

THANK YOU for all your efforts, and we’re glad you all stayed safe, despite all the work you were able to accomplish!

2018 Year End Payroll Information for GRCC Employees

2018 W-2 Availability

• Electronic W-2’s will be made available to employees who have given consent by January 15, 2019.
• Paper W-2’s will be mailed to employees who have not given consent to receive them electronically on January 31, 2019. Paper W-2’s will not be available for pick up in Human Resources.

Verify Your Personal Information

• Verify your personal information through GRCC self-service by following the instructions found on the Human Resources Year End page. Any personal information changes should be emailed to Human Resources at hr@grcc.edu no later than January 4, 2019 to be reflected on your 2018 W-2.

Update your Tax Withholding Forms

• Complete new city tax form(s) if you moved in or out of the cities of Grand Rapids or Walker.
• New 2019 tax forms should be completed if your filing status or exemption allowances have changed.
• If you are currently claiming exempt, to not have any withholding for Federal or State taxes, you are required to complete a new 2019 W-4 no later than February 1, 2019.
• 2019 tax forms will be available in January on the Payroll web page.

1095-C Tax Form

• All benefited employees will receive a tax form 1095-C from Next Generation Enrollment (NGE) in the mail. The form contains information regarding Employer-Provided Health Insurance Offer and Coverage that you may need to report as part of your 2018 tax return.

For Informational Purposes Only

• The 2019 Social Security tax rate is schedule to remain 6.2%, and the Medicare tax rate remains 1.45%.
• The 2019 social security wage base will increase to $132,900.00.
• The 2019 limitation for elective deferrals under a 403(b) or 457(b) will increase to $19,000 and the additional catch up provision for individuals age 50 and over will remain $6,000.00.

Important 2018 Year End Payroll Information

2018 W-2 Availability

• Electronic W-2’s will be made available to employees who have given consent by January 15, 2019.
• Paper W-2’s will be mailed to employees who have not given consent to receive them electronically on January 31, 2019. Paper W-2’s will not be available for pick up in Human Resources.

Verify Your Personal Information

• Verify your personal information through GRCC self-service by following the instructions found on the Human Resources Year End page. Any personal information changes should be emailed to Human Resources at hr@grcc.edu no later than January 4, 2019 to be reflected on your 2018 W-2.

Update your Tax Withholding Forms

• Complete new city tax form(s) if you moved in or out of the cities of Grand Rapids or Walker.
• New 2019 tax forms should be completed if your filing status or exemption allowances have changed.
• If you are currently claiming exempt, to not have any withholding for Federal or State taxes, you are required to complete a new 2019 W-4 no later than February 1, 2019.
• 2019 tax forms will be available in January on the Payroll web page.

1095-C Tax Form

• All benefited employees will receive a tax form 1095-C from Next Generation Enrollment (NGE) in the mail. The form contains information regarding Employer-Provided Health Insurance Offer and Coverage that you may need to report as part of your 2018 tax return.

For Informational Purposes Only

• The 2019 Social Security tax rate is schedule to remain 6.2%, and the Medicare tax rate remains 1.45%.
• The 2019 social security wage base will increase to $132,900.00.
• The 2019 limitation for elective deferrals under a 403(b) or 457(b) will increase to $19,000 and the additional catch up provision for individuals age 50 and over will remain $6,000.00.