It's Tax Time!

If you were employed by Emory University between January 1, 2010 and December 31, 2010, you will receive a Form W-2. The form reports your salary and the amount already deducted for taxes for 2010. There are two ways to receive Form W-2:  online or the U.S. Postal Service delivery.  We strongly encourage you to sign up to receive your Form W-2 online since in the past W-2s have been lost in the mail.  Go to ISSS website www.emory.edu/issp and under Important Announcements 2010, we provide an article “2010 Tax Information:  Get Your W2 Online” providing instructions on how to get your W2 Online. If you do not sign up for online delivery, your W-2 should be received in the mail by 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 will be mailed out to you in early February 2011.  Please insure that your current local address is on file in Human Resources so that your 1042S and W-2 (if you decide to receive it in the mail) is sent to the correct address.  Go to Employee Self Service logon page at https://psofthr.cc.emory.edu/psp/hrprod/?cmd=login and input your User ID and password.  Then select “Self Service” and then “Personal Information Summary” within the Personal Information box 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.

The deadline for filing both federal and state tax returns is April 15.  Your tax returns must be mailed and postmarked on or before April 15.  Look for more information in upcoming announcement 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 PeopleSoft and in OPUS (if you are a student) and that you receive all tax documents that you need to file your tax return.

Look for the following information about filing your taxes in upcoming communication from ISSS: