W-2 Update - February 1, 2010, 4:45 PM

W-2 Forms for BISD employees were distributed on Monday, February 1 to all campuses and departments. The forms are also being mailed to individuals who are no longer employed by BISD.

Note: Box 14 on the BISD W-2 Form mistakenly reports only January’s Teacher Retirement (TRS) deposit. Box 14 contains informational items that should not be used for additional tax deductions. Items in Box 14 do not impact an employee’s tax return nor do they impact the retirement tax credit which is based on voluntary tax deferred contributions. Only boxes 1-12 are used for the preparation of income tax returns.

For more information, call the Payroll Department at 548-8391.