Ithaca College

Current employees can now view and print their 2015 W-2 online in Parnassus. To access your W-2 online, log into Parnassus, click on IC Employee Self Service, and then click on Employee W2. If you need assistance with your Parnassus login information, please email the Payroll Office at payroll@ithaca.edu. Paper W-2s will be mailed to your home address.

Taxpayers will be asked on their tax return if they and their dependents had minimum essential health insurance coverage for each month of 2015. For those who had employer-sponsored health insurance, such as that provided by Ithaca College, it will only be necessary to check the appropriate box on your tax return to affirm coverage. No further action is necessary. If you are prompted for a 1095, it is important to know that the government delayed the deadline to March 31, 2016 for employers to generate the form 1095-C.

In place of the 1095, taxpayers can use items such as the following to document their coverage in case of an audit:

• End of the year payroll stub with health insurance deduction information.
• Health Insurance ID card.
• Copy of the medical plan's summary plan description
• Enrollment confirmation statement from open enrollment 2015.
• Exchange Notice.

Although the vast majority of taxpayers will simply have to check a box stating that they were insured, some uninsured people will be required to pay a penalty, while others will be exempt because of hardship or some other reason. More information can be found on the Internal Revenue Service's website at https://www.irs.gov/Affordable-Care-Act/Questions-and-Answers-about-Health-Care-Information-Forms-for-Individuals. Please contact the Benefits Office at (607) 274-8000 or benefits@ithaca.edu with any questions. We cannot give tax advice. Everyone's tax situation is different. You should consult your own tax advisor for specific tax advice.