AFM News

In This Issue: • Tax Form 1042-S Available March 1 • Registration Hold Threshold Increased to $1,000 • Submit Newsletter Feedback and Article Suggestions to AFM@austin.utexas.edu

The 1042-S, a tax form for nonresident employees who earned wages that were exempt from federal withholding taxes due to a tax treaty, will be mailed and available electronically through the My Tax Forms page of UT Direct starting March 1. 1042-S Forms will also be issued for any nonresident individuals that were paid scholarships, fellowships, royalties, and/or cash prizes during the tax year.

The university’s financial threshold for registration bars has been increased to $1,000 effective immediately and applicable for the upcoming registration period beginning April 3. This means that undergraduate and graduate students will no longer be prohibited from registering for future terms unless they owe more than $1,000 or have any other non-financial registration bars. Previously, students were unable to register if they owed any money at all.

In This Issue: • 2022 Tax Forms Available Starting Late January • Submit Newsletter Feedback and Article Suggestions to AFM@austin.utexas.edu

In This Issue: • Financial Document ID Changes for 2023 • UT System Rate Increase for Full Service Transaction Fees Effective Dec. 15, 2022 • New – EOM Basics and Beyond Video Series • Reminder: Opt In to Electronic Only Receipt of W-2 Forms • Submit Newsletter Feedback and Article Suggestions to AFM@austin.utexas.edu

UT System has granted the university’s travel providers, Anthony Travel & Collegiate Travel Planners (formerly Corporate Travel Partners), a one-year extension through Sept. 30, 2023, pending a bidding process to select new providers in 2023.

Now available, the EOM Basics and Beyond video series is designed to assist both beginners and experienced Electronic Office Management (EOM) managers and delegates.

The Document ID letter/number sequence pattern will change for calendar year 2023. This change will not affect how you do your job or how documents/document IDs are created.

In This Issue: • The 2022-2023 Fiscal Year is Open for Inventory Services • Splitting Direct Deposits for Paychecks Now Available in Workday • Reminder: Opt In to Electronic Only Receipt of W-2 Forms • Submit Newsletter Feedback and Article Suggestions to AFM@austin.utexas.edu

Inventory Services is open for the 2022-2023 fiscal year. Important reminders for some of the main topics are posted on the AFM website.