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FICA taxes are federal Medicare and Social Security taxes. The IRS permits certain students to be exempt from paying FICA when they work at the college they are attending (Internal Revenue Code 3121(b)(10)). Payroll and Employee Services in Norman or Payroll Services at HSC can provide basic information about forms and documents. Key2Prepaid Pay Card information is available on the State of Oklahoma website.The W-4 tax form describes the level of federal income tax withheld from your paycheck.The Key2Prepaid Pay Card has features similar to a debit card and free withdrawals can be made at Allpoint and Key Bank ATMs.Other transactions made with the Key2Prepaid Pay Card may have fees.This end-of-year tax form is mailed by January 31 every year.Anatomy of Your W-2 Tax Form: Everything you want to know about your W-2 Tax Form is on this one-page tip sheet.

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Earnings statements provide detailed information about your pay, benefits, deductions, and leave accrual.You can review and update your tax withholding level as needed. Other questions about tax withholding should be directed to your tax professional.Update Your Form: You can update your tax withholding levels through Employee Self-Service. The W-2 tax form reports your earnings during the previous year.Procedures for tracking time depend on which campus the employee is on.

In addition to the information below, departments may also have department-specific methods of tracking time.

This end-of-year tax form is mailed by March 15 to employees with applicable earnings.