Ariel View of Campus

MSU Controller's Office

Payroll

State of the Payroll Address for Year 2008

  1. Social Security Tax:
    • Wage base: $102,000
    • Rate: 6.2%
    • Maximum deduction: $6,324.00 ($102,000 x 6.2% = $6,324.00)
    • This tax resumes with the first payroll in 2008 if you reached the limit in 2007, and will cause a change in the net of your payroll check from the last one in 2007 to the first one in 2008.
  2. Medicare tax:
    • Wage base: No wage limit.
    • Rate: 1.45%
  3. State of Michigan tax rate:
    • Income tax withholding rate: 4.35% (increased from 3.9% on 10/01/07).
    • Personal exemption amount: $3,500 (change from $3,400 in 2007).
  4. Form W-2:
    • The Form W-2 for 2007 will be distributed by January 31, 2008. The W-2 will be sent to the employee’s department for any employee receiving a paycheck from MSU during December 2007. W-2 forms for employees, who terminated from MSU during the year or did not receive a check in December, will be mailed to the employee.
  5. Requesting Duplicate 2007 Form W-2:
    • Available on-line by January 31, 2008: http://epayroll.msu.edu.
    • Paper copies available starting February 6, 2008.
    • Use form available on Payroll Web site: http://www.ctlr.msu.edu/copayroll.
    • May request in person at the Payroll Office, 350 Administration Building.
    • E-mail requests to: payroll@ctlr.msu.edu.
    • Requests must include: name, last 3 digits ONLY of social security number, and mailing address.
    • Please specify if you would like the duplicate mailed or picked up.
    • All duplicate requests will be processed as soon as possible after receipt. Please allow five business days for request to be processed.
  6. Social Security card and payroll name match:
    • The name on your Social Security card and the Form W-2 must match in the following manner: first name, middle name or initial, and last name.
    • If you are currently using a name that does not match your Social Security Card due to marriage, divorce, citizenship change, or any other reason, you need to obtain a new card (with correct name) from the Social Security Administration (SSA). This can be done by mail using SSA’s SS-5 form available on its Web site at http://www.ssa.gov.
    • To correct your name on the payroll, contact your department or the Payroll Office (355-5010) for instructions.
  7. Address verification:
    • Please verify your address on your payroll check stub or by viewing “Payroll/W-2 address” on the “epayroll” system. To update your address, sign on to the “epayroll” system: http://epayroll.msu.edu or contact your department or the Payroll Office (355-5010) for instructions. Please correct any errors as soon as possible before Dec. 31, 2007. After that date, for Form W-2 purposes only, e-mail the correct address to the Payroll Office (payroll@ctlr.msu.edu) no later than January 8, 2008.
  8. Form W-4:
    • If you were claiming exempt from federal withholding on your Form W-4 for 2007, this form expires Jan. 1, 2008. You have a grace period until Feb. 15, 2008 to submit the new 2008 form to the Payroll Office. If the new form is not received by that date, IRS regulations require the Payroll Office to change your allowances to “zero” and your filing status to “single” until a new form is received. Form W-4 may be submitted on-line by using the epayroll system. Forms may also be obtained on our Web site or by contacting the Payroll Office.
    • 2007 Exempt status on Form MI-W4 (State of Michigan W-4) also expires on Jan. 1, 2008. You have a grace period until April 30, 2008 to submit the new 2008 form to the Payroll Office. Forms may be obtained on our Web site or by contacting the Payroll Office.
  9. Form W-5:
    • The Form W-5 for calendar year 2007 expires Dec. 31, 2007. If you are requesting Earned Income Credit Payments in advance through the Payroll Office, you will need to complete a new form for the 2008 calendar year.