Payroll Bulletin

Items listed below were previously on the Announcement section of Payroll's homepage.

Taxable Benefits for Tuition Remission

The following items will be included as a taxable benefit for eligible participating staff/faculty on the following pay dates. Applicable taxes will be withheld for:

Personal Enrichment:
Bi-weekly pay: 2/18/22, 3/4/22, 3/18/22, 4/1/22, 4/15/22, 4/29/22, 5/13/22, 5/27/22, 6/10/22, 6/24/22
Monthly pay: 2/28/22, 3/31/22, 4/29/22

Tuition exceeding $5250:
Biweekly pay: 3/18/22
Monthly pay: 3/31/22, 4/29/22, 5/31/22, 6/30/22

Dependent Education:
Bi-weekly pay: 4/1/22, 4/15/22, 4/29/22, 5/13/22
Monthly pay: 4/29/22, 5/31/22, 6/30/22

January 2022

2021 Form W-2
Electronic W-2s are posted in LoboWeb for active UNM employees and Retirees who consented to receiving their 2021 W-2s electronically.  Employees who did not consent will receive their W-2 paper forms via U.S. Postal Service.  These will be post-marked no later than 2/1/22.  If you have not received your 2021 W-2 by February 15th, please contact the Payroll Office.

You can use the 2021 W-2 calculation worksheet located within "Employee Toolbox" on the payroll website to better understand the calculations used for your 2021 Form W-2. Please refer to your final paystub in 2021 when using this worksheet.

IRS Scam Alert

 

December 2021

Start your Year-End Planning

Electronic W-2/1095-C As an active UNM Employee and Retiree, you may now opt in to receive your W-2 and 1095-C forms electronically through LoboWeb. Login to LoboWeb and then select 'Tax Forms' to consent to the electronic distribution of these forms for 2021 and watch Lucy's video. This initiative, announced by our Human Resources Department seeks to improve your online experience with easy and earlier access, further protect your personal data, and achieve more efficiency by reducing paper and mailing costs. E-Consent must be done by end of day on 1/19/22.

 2022 Payroll Timekeeper and Approver Schedule is now available

 

Taxable Benefits for Basketball Tickets

Discounted Season Men's and Women's basketball tickets purchased in 2021 will be included as a taxable benefit for eligible participating staff/faculty. Applicable taxes will be withheld on the following pay dates:

Bi-weekly pay: Men's Basketball: 9/3/21, Women's Basketball: 10/1/21
Monthly pay: Men's Basketball: 8/31/21, Women's Basketball: 9/30/21

Moving forward, athletic season tickets purchased will be taxed in a payroll soon after the completed purchase.

Taxable Benefits for Popejoy Tickets

Discounted Popejoy tickets purchased in 2020 will be included as a taxable benefit for eligible participating staff/faculty.  The Applicable taxes will be withheld on the following pay dates:

Bi-weekly pay: 10/1/21
Monthly pay: 9/30/21

Moving forward, Popejoy tickets purchased will be taxed in a payroll soon after the completed purchase.

Taxable Benefits for Football Tickets

Discounted Season Football tickets purchased in 2021 will be included as a taxable benefit for eligible participating staff/faculty. Applicable taxes will be withheld on the following pay dates:

Bi-weekly pay: 6/25/21
Monthly pay: 6/30/21

Moving forward, athletic season tickets purchased will be taxed in a payroll soon after the completed purchase.

Taxable Benefits for Tuition Remission

The following items will be included as a taxable benefit for eligible participating staff/faculty on the following pay dates. Applicable taxes will be withheld for:
Dependent Education:
Bi-weekly pay: 4/2/21, 4/16/21, 4/30/21, 5/14/21, 5/28/21, 10/29/21, 11/12/21, 11/26/21, 12/10/21, & 12/24/21
Monthly pay: 3/31/21, 4/30/21, 10/29/21, 11/30/21

Personal Enrichment:
Bi-weekly pay: 3/5/21, 3/19/21, 4/2/21, 4/16/21, 4/30/21, 5/14/21, 5/28/21, 6/11/21, 8/6/20, 8/20/21, 9/3/21, 9/17/21, 10/1/21, 10/15/21, 10/29/21, 11/12/21, 11/26/21, 12/10/21, & 12/24/21
Monthly pay: 3/31/21, 4/30/21, 5/28/21, 8/31/21, 9/30/21, 10/29/21, 11/30/21, & 12/22/21

Spring Tuition Remission:
Bi-weekly pay: 3/5/21
Monthly pay: 3/31/21

Tuition exceeding $5250:
Biweekly pay: 10/15/21, 10/29/21, 11/12/21, 11/26/21, 12/10/21, & 12/24/21
Monthly pay: 3/31/21, 4/30/21, 10/29/21, 11/30/21, & 12/22/21

       Summer Tuition Remission:
Bi-weekly pay: 8/6/21
Monthly pay: 8/31/21

Fall Tuition Remission:
Bi-weekly pay: 10/15/21
Monthly pay: 10/29/21

 

July 2021

The IRS has launched two new online tools designed to help families manage and monitor the advance monthly payments of Child Tax Credits

 

January 2021

Electronic W-2/1095-C As an active UNM Employee and Retiree, you may now opt in to receive your W-2 and 1095-C forms electronically through LoboWeb. Login to LoboWeb and then select 'Tax Forms' to consent to the electronic distribution of these forms for 2020 and watch Lucy's video. This initiative, announced by our Human Resources Department seeks to improve your online experience with easy and earlier access, further protect your personal data, and achieve more efficiency by reducing paper and mailing costs. E-Consent must be done by end of day on 1/19/21.

IRS Student Scam Alert

2020 Form W-2
Electronic W-2s will be posted in LoboWeb by 1/31/21 for active UNM employees and Retirees who consented to receiving their 2020 W-2s electronically.  Employees who did not consent will receive their W-2 paper forms via U.S. Postal Service.  These will be post-marked no later than 2/1/21.  If you have not received your 2020 W-2 by February 15th, please contact the Payroll Office.

You can use the 2020 W-2 calculation worksheet located within "Employee Toolbox" on the payroll website to better understand the calculations used for your 2020 Form W-2. Please refer to your final paystub in 2020 when using this worksheet.

Payroll Calculator is available with 2021 Federal and New Mexico tax rates.