Payroll Services

***News/Spotlights***

• DE 216 OVM Web Tutorial
  Information about OVM documents.
• Salary Spread
  New IRS regulations require all salary spread participants to re-elect the payment option for the Fall 2008 semester. Please see the Salary Spread Request Form for participation requirements. This form must be received by payroll Services no later than Aug. 31, 2008.
• Turn Your Vacation Payment into Retirement Savings!
  Information on deferring unused annual leave payment with a UTSaver Deferred Compensation account.
• 2008 Tax Rates
  The 2008 Tables for Percentage Method of Withholding are available to help you calculate your Withholding Tax.
• Retiree Insurance Bills-New AutoPay payment option
  We are pleased to announce a new payment option for retiree insurance: AutoPay. This option allows you to set up automatic payments directly from your bank account.

• Paycheck Profile
  Employees can use UT Direct to update their Paycheck Profile information including: W-2 address, check distribution, Direct Deposit bank information, and tax withholding information.
• Electronic Earnings Statement
  View your earnings statement online. You will receive email notification when your earnings statement is available each payday.
• W-2's
  Payroll Services offers W-2 forms on the web via UT Direct. Employees can access their W-2 data at any time, and reprint the forms if necessary.
• Communication Device Allowance (CDA)
  Departmental personnel can set up communication device allowance (CDA) payments to employees whose job requirements warrant the use of a cell phone or personal digital assistant. The CDA policy, 9.2.9 in the Handbook of Business Procedures, should be reviewed before completing the Communication Device Allowance Request. After approval has been obtained, a one-time equipment allowance and monthly supplemental allowances can be established using the Communication Device Allowance system by authorized individuals. CDA allowances will be paid to the employees on the first semi-monthly pay period.
  

• Producing and distributing payroll for over 22,000 employees
• • Compiling and disseminating payroll deduction information and other payroll activity reports to UT departments, state agencies and outside vendors
  • Producing monthly, hourly and special payment payrolls
  • Promoting participation of direct deposit and electronic earnings notification
• Tax reporting and compliance
• • Withholding and remitting employment taxes to the Internal Revenue Service
  • Preparing and reporting year-end tax information including IRS Forms W-2 and 1042S`
• Nonresident Alien tax status evaluation
• • Tax treaty compliance
  • Adherence to nonresident employment guidelines

The University of Texas at Austin Mission

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