With tax season around the corner, UNM is giving staff and faculty the opportunity to enroll in a paper-free method this tax season. As an active UNM employee, you may now opt in to receive your W-2 and 1095-C forms electronically through LoboWeb.
The Internal Revenue Service (IRS) annually requires that all employees are issued a Form W-2 and Form 1095-C, if applicable. Although UNM has traditionally mailed these forms, the IRS also allows electronic distribution.
This new initiative will improve online experience, further protect personal data, and achieve more efficiency by reducing paper and mailing costs for UNM. Additionally, receiving a W-2 and 1095-C electronically eliminates the chance that form containing a social security number could be stolen from a mailbox, lost or delayed.
Online, the W-2 and 1095-C will be available earlier because it bypasses mail time and allows for regular access from anywhere with a stable internet connection.
Deadline to complete your electronic consent is midnight, Wednesday, Jan. 15, 2020.
How can you complete the “Electronic Regulatory Consent” election?
- Login to MyUNM at my.unm.edu/home
- Click on the “Enter LoboWeb” button
- Click on the “Tax Forms” link under the Employee tab
- Login using the DUO multi-factor authentication process
- Select “Electronic Regulatory Consent”
- If you want access to your 2019 forms electronically going forward, click on the “My Choice” checkbox and “Submit”
- You will receive an email notification in 2020 when your forms are ready to be accessed
You are not required to consent to electronic distribution, but you must provide electronic consent for UNM to provide forms to you electronically. If you consent to receive your 2019 form(s) electronically, it’s important to remember that you will not receive paper copies.
If you do not consent, paper forms will be mailed via U.S. Postal Service to your home address on record no later than Jan. 31, 2020.
If a person does not want to opt into the electronic method, they do not have to do anything other than verifying that their mailing address on file is correct. Active employees and retirees can update their address through Demographic Self Service.
For more information, contact UNM Payroll at firstname.lastname@example.org or UNM Benefits at HR Benefits@unm.edu.