Here are a few important reminders for completing your taxes:
Form W-2
Your W-2 forms are available online in MyU (click on the My Pay tab, then on View W2/W2C Forms). If you have trouble opening your W-2, make sure your web browser's pop-up blocker is turned off or allows University sites as an exception. You can find instructions on IT's website.
If you did not opt to get your W-2s exclusively online, you should also have received your W-2 in the mail by now. If you haven't, email or call the Office of Human Resources Contact Center at [email protected], 612-624-8647, or 800-756-2363.
Form 1095-C
If you were enrolled in health benefits in the previous tax year, you will receive your proof-of-health-insurance Form 1095-C in January. If not, email or call the Office of Human Resources Contact Center at [email protected], 612-624-8647, or 800-756-2363.
You will need the form to complete your federal income tax return.
Community Fund Drive Tax Deductions
Remember that you can claim your Community Fund Drive donations as a tax deduction. Your CFD contributions for the year are listed on your final pay statement of each year. In MyU, click on the My Pay tab, then View/Print All Pay Stmts. Your CFD donations are in the YTD column under After-Tax Deductions.
Qualified Overtime
For tax years 2025 through 2028, individuals who receive qualified overtime compensation may deduct the pay that exceeds their regular rate of pay (generally, the “half” portion of “time-and-a-half” compensation) that is required by the Fair Labor Standards Act. If you had FLSA-qualified overtime, your potential deduction will be reported in Box 14 on your W-2 form.
The code for this deduction is OBBBTT.
Example: I earn $20 per hour. I worked one hour of overtime. I was paid $30 for that hour, so $10 will be reported as deductible.
FLSA-qualified overtime is only paid to employees in non-exempt positions who work more than 40 hours in a workweek. The University’s workweek is Monday through Sunday. Paid time off—such as holidays, vacation, or sick time—doesn’t count toward the 40 hours of active worked time.
The University pays overtime pay to employees in many instances where it isn't required by the FLSA, and therefore isn’t considered qualified overtime. These overtime wages are not reported in box 14 and are not deductible.
For example, the University pays overtime to some employees in FLSA-exempt positions. This is not qualified overtime.
Example Scenarios
Qualified Overtime
- I’m a non-exempt employee, and I worked 44 hours in a week. I got paid four hours of overtime.
Not Qualified Overtime
- I’m an exempt employee, but due to civil service rules, I am paid overtime when I work over 40 hours in a week.
- I took eight hours of sick time during the week and ended up working half a day on the weekend. I got paid for four hours of overtime.
- Monday was a paid holiday. I worked four ten-hour days—Tuesday through Friday—and was paid eight hours of overtime.
- My union agreement requires me to be paid double time for working on a holiday.
Protecting Your Personal Information
To protect your W-2 and direct deposit information, opt in to Duo Two-Factor Protection. This free service can help reduce the risk of your personal information being compromised should someone learn your Internet password. In MyU, go to the My Info tab and click on Duo Two-Factor Protection.
Other Tax Information You May Need
For more information on federal and state income tax deductions, visit this Office of Human Resources web page.
If you’d like to determine your eligibility for the IRS Earned Income Credit (EIC), take a look at the IRS’s Notice 797 EIC guidelines.