It will soon be time to complete the simple Midyear Progress Update forms. The form gathers progress information for the current fiscal year’s Planning & Budgeting Projects. This will serve as an update on current FY22 Planning & Budgeting Projects. If you submitted a project request during the FY22 Planning & Budgeting Process, you will be required to submit midyear progress update information for approved projects.

The form will be available beginning Monday, Jan. 31. Mark your calendars, and plan to get an early start!

LLCC Student Accounts would like you to be aware that the 2021 1098T is available for viewing and printing on students’ Logger Central accounts. Printed 1098T statements were mailed on Thursday, Jan. 20. If students should call you about their 1098T, please transfer them to 217-786-9645. Thank you!

The 2021 W-2 forms are now available on Employee Self Service. If you have elected to receive your W-2 online, log in to Employee Self-Service, select Tax Information and then select 2021 W-2 Statement. If you are not signed up for online access to your W-2, your printed form was mailed today, Jan. 20, 2022. If you would like to receive your W-2 electronically in the future, you may go to Employee Self-Service > Tax Information and give electronic consent.

Please contact Viki Bradley at victoria.bradley@llcc.edu with any questions or concerns regarding your tax form.

Effective Jan. 1, 2022, the new mileage rates are as follows for travel within the calendar year 2022.

Employees that drive their personal vehicles will be reimbursed $0.585 cents per mile when a college vehicle was not available.

Employees that drive their personal vehicles will be reimbursed $0.18 cents per mile when a college vehicle was available.

These rates will adjust annually.

LLCC Student Accounts would like to remind you of the dedicated line specifically for students’ questions and concerns about their 1098T. If a student contacts you about anything and everything 1098T, please direct them to call or transfer them to 217-786-9645. Thank you!

As the end of the year is approaching, there is still time to elect to receive your W-2 electronically through Employee Self Service. If you choose to do this it must be done by Dec. 31.

1. Go to LLCC website.
2. Log in to Employee Self-Service using your main login credentials (the same way you log in to your PC).
3. Select Tax Information category.
4. Select W-2 Information.
5. Select Change Preferences.

Benefits of receiving Form W-2 electronically:

• Earlier access to the Form W-2.
• Employees can print multiple copies at their convenience.
• W-2 statements will remain online for multiple years.
• Access can be attained even if employees are not presently at their residence.
• Access is available at the same easy-to-use, secure website at which  employees can access their wage and general account information.

Contact Viki Bradley if you have any questions.

If anyone needs to  change his/her mailing address before tax documents are mailed out in January please do so by Dec. 10, 2022. Employees can go to the HR SharePoint page > Miscellaneous Forms & Documents > Employee Records to access the Change of address form. The form is submitted electronically for processing.

The IRS announced that the maximum contribution limits for 403(b) plans will increase in 2022 from $19,500 to $20,500. The catch-up contribution maximum will remain at $6,500. Employees who are age 50 or over at the end of the 2022 calendar year can also make catch up contributions of $6,500 in 2022.

• Age 49 or younger on Dec. 31, 2022 – maximum contribution is $20,500 
• Age 50 and over on or by Dec. 31, 2022 – maximum contribution is  $20,500 + $6,500 = $27,000

Anyone who would like to increase their contributions to hit the IRS maximum should complete a new Retirement Accounts Deduction form. Blank PDF versions of the form can be found on the LLCC Employee Portal > Finance Department > Payroll > Retirement Accounts Deduction Accounts.

E-mail all completed forms to victoria.bradley@llcc.edu or hand deliver to the finance department. Forms must be received by Jan. 3, 2022, to be effective on the Jan. 15 payroll.