DFAS HEADQUARTERS, Oct. 19, 2016 – Selection of electronic delivery for 2016 IRS Form 1095-C for military members must be completed by Dec. 31 to avoid forms being mailed via the U.S. Postal System. Electronic delivery helps protect personal information, saves money and natural resources.
The myPay pay management system allows military members to monitor their pay and direct delivery options of important documents such as W-2s, Leave and Earning Statements and the relatively new 1095-C healthcare coverage certification.
Last year, 1095 hard copy printing and mailing cost the military services and government agencies $2.5 million. Many of these 1095s were mailed to customers who had already elected to receive their W-2s or 1099s electronically. Currently, about 60 percent of U.S. military members get their W-2s online while only 5 percent use myPay only to receive their 1095-C forms.
“I believe many of our customers are not aware that their tax document delivery elections are not the same,” said Cindy Garcia, finance and customer service director for the Defense Finance and Accounting Service. “We’re hoping these military members and federal civilian employees log onto their myPay accounts and make sure their choices reflect electronic delivery-only. In that way, they’re increasing their own personal information security, saving their service or agency money, and enhancing the convenience myPay provides them.”
The deadline to make an electronic delivery-only selection for W-2 forms is Dec. 1. IRS Form 1095 delivery selection must be made no later than Dec. 31.
The DFAS tax statement release schedule will be released in late November and will be posted on the agency’s website at www.dfas.mil.