Showing posts with label W-2 Tax Statement. Show all posts
Showing posts with label W-2 Tax Statement. Show all posts

Thursday, February 25, 2016

New Tax Form(s) Under ACA

A new form (1095-C) will be arriving to your home address early April, from Northwell Health. The purpose of the form is to show the months in which you and your dependents were offered, or covered by, an employer sponsored health insurance plan. This information is reported to the IRS by your employer (Northwell Health). The 1095-C is for your records. This form states that you were covered (or not covered) under the employer sponsored plan.

To further explain, under the Affordable Care Act (ACA) two new mandates were created:
  1. Employer to send 1095-C Form to employees - save for your records 
  2. Employer to send 1094-C Form to IRS
Note: the two forms contain the same information.

Union 
Employees covered by union multi-employer plans will receive 1095-B Form from the union and a 1095-C Form from Northwell Health.

Tuesday, January 13, 2015

W-2 Tax Statement Online January 20

If you are one of the many North Shore-LIJ employees that opted to go paperless this tax season, your W-2 Tax Statement will be available on Employee Self Service (ESS) January 20. If you did not opt to go paperless through the pop-up prompt on ESS over the past several weeks, your paper copy will be mailed by January 31, 2015.

Past W-2 Tax Statement on ESS
Beginning with 2013's W-2 Statement, ESS now has the capability to house more of your personal information. No more lost statements or searching the mail - a simple login will now give you the opportunity to view, print and save not just this years' W-2 Tax Statement, but last years' too.

Other important information can also be viewed on ESS, such as your pay statement, which details your deductions and available PTO. In addition view your W-4 tax and direct deposit information. For those employees who participate in the Wellness Pledge Program - your personalized Wellness Summary is another convenient feature on ESS.

Update Your personal Information
The beginning of a new year is a good time as any to be sure your personal information in ESS is correct. While checking your address, email, and phone number, why not take a look at your emergency contacts. You may want to confirm those phone numbers for your contacts are still correct.

Organize and simplify, You are off to a great start!