It's tax time again

If you were employed by Emory University between January 1, 2006 and December 31, 2006, you will receive a Form W-2. The form reports your salary and the amount already deducted for taxes for 2006. There are two ways to receive Form W-2: online or the U.S. Postal Service delivery. If you did not sign up for online delivery, you should have received the W-2 in the mail around the end of January.

Additionally, if all or part of your salary is exempt from taxes because of a tax treaty benefit or if you receive a scholarship, fellowship, stipend, or other non-work financial assistance from Emory, you will also receive a Form 1042S. The Form 1042S were mailed on Friday, February 9. Please insure that your current local address is on file in Human Resources so that your 1042S is sent to the correct address. Click here for instructions on updating your address in the Human Resources database. If you are a student, in addition to updating your address in the Human Resources database, you should also insure that your current local address is correct in OPUS. Human Resources also needs your social security number. If you have not reported it, please do so immediately.

If you had US interest/dividend income, you should receive Form 1099 from the financial institution or payer of the interest or dividend income. Please insure that the financial institution has your current local address.

If you have a tax treaty benefit and also receive non-work financial assistance from Emory, please DO NOT file your tax return until you have received both the W-2 and 1042S. If you had interest or dividend income, you should also wait for Form 1099.

April 15 is the usual deadline date for filing both federal and state tax returns. However, since April 15 falls on a Sunday this year, your tax returns must be mailed and postmarked on or before April 17. Look for more information in upcoming editions of AC'CENT about who must file a tax return and opportunities for assistance in filing. For now, just make sure that your local address is correct in all applicable places and that you receive all tax documents that you need to file your tax return.

Waiting to attend a tax session before filing your tax returns will allow you enough time to file your tax returns before the April 17 deadline. However, if you want to file before the tax sessions are held, you may come to the ISSP office for a list of tax preparers.