Electronic Form W-2 Available on My OTC

Ozarks Technical Community College is required by the IRS to furnish all employees with a Form W-2 for each calendar year to be used in completing the employees’ annual tax returns.  The Form W-2 details the employee’s taxable wages and tax withholding amounts for the year

All OTC employees will receive their 2016 W-2 statements online through AccessOTC. 

Benefits of Receiving W-2 Statements Electronically:

  • Earlier access to the Form W-2.
  • No possibility an employee’s Form W-2 might be lost, stolen, delayed or misplaced by the mail service.
  • Accessibility to the electronic Form W-2 from any computer via AccessOTC.
  • The Electronic W-2 statement will be available on AccessOTC for at least 5 years.

Accessing Your W-2 Statement:

  1. Go to otc.edu.
  2. Click on the my.otc tab and enter your OTC user name and password.
  3. Click on AccessOTC and choose the Employee menu.
  4. Choose W-2 Statements under Personal Profile and click on the year you wish to print. The form should be attached to your tax return.

If you do not wish you receive your 2016 W-2 form electronically, you must withhold your consent by following the steps below by January 12, 2017.

Withhold Consent to Receive Form W-2 Electronically (I Want a Paper Copy of my W-2 Mailed to Me):

  1. Go to www.otc.edu.
  2. Click on the my.otc tab and enter your OTC user name and password.
  3. Click on AccessOTC and choose the Employee menu.
  4. Choose W-2 Electronic Consent under Personal Profile.
  5. Select the 2nd option to withhold consent and receive a paper W-2 form.
  6. If you do not consent to an electronic W-2 statement, your W-2 will be mailed to you during the final week of January, postmarked no later than January 31st and you will not have access to prior or future W-2 statements electronically.

Can’t log into AccessOTC or have a password question? Please contact the OTC Helpdesk at 417-447-7548

Questions concerning payroll should be e-mailed to payroll@otc.edu.

 

IMPORTANT INFORMATION CONCERNING IRS FORM 1095-C

The IRS has announced the filing due date for the 2016 Form 1095-C.

The due date for furnishing the 2016 Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, to individuals is March 2, 2017.  Full-time employees can expect to receive their OTC issued 1095-C form by February 28, 2017.

Individual taxpayers will generally not be affected by this extension and should file their tax returns as they normally would.

However, due to these extensions, some individual taxpayers may not receive a Form 1095-C by the time they are ready to file their 2016 tax return. While the information on this form may assist in preparing a return, it is not required. Like last year, taxpayers can prepare and file their returns using other information about their health insurance. Individuals do not have to wait for their Form 1095-C in order to file.  For additional information please visit https://www.irs.gov/Affordable-Care-Act/Questions-and-Answers-about-Health-Care-Information-Forms-for-Individuals.

All OTC employees will receive their 2016 1095-C statements online through AccessOTC. 

Accessing Your 1095-C Statements:

  1. Go to otc.edu.
  2. Click on the my.otc tab and enter your OTC user name and password.
  3. Click on AccessOTC and choose the Employee menu.
  4. Click Tax Information under Personal Profile.
  5. Click on the year you wish to print. The form should be attached to your tax return.

Withhold Consent to Receive Form 1095-C Electronically (I Want a Paper Copy of my Tax Form Mailed to Me):

  1. Go to otc.edu.
  2. Click on the my.otc tab and enter your OTC user name and password.
  3. Click on AccessOTC and choose the Employee menu.
  4. Choose Tax Information under Personal Profile.
  5. Choose 1095-C Statements and click the Change Preferences button.
  6. Choose Withhold My Consent and click Save.
  7. If you do not consent to an electronic 1095-C statement, your form will be mailed to you, postmarked no later than March 2, 2017 and you will not have access to prior or future statements electronically.

If you do not wish you receive your 2016 1095-C form electronically, you must withhold your consent by following the steps above by January 12, 2017.

Can’t log into AccessOTC or have a password question? Please contact the OTC Helpdesk at 417-447-7548

Questions concerning payroll should be e-mailed to payroll@otc.edu.