RAAUZYUW RUDIDFB1700 3341400-UUUU--RHMCSUU. ZNR UUUUU R 301400Z NOV 10 ZYB FM DFAS CLEVELAND OH//JFLB// TO AIG 4676// AIG 4678// AIG 4730// BT UNCLAS//N07220// MSGID/GENADMIN/DFAS-CL CODE JFLB// SUBJ/DISTRIBUTION OF W2S FOR TAX YEAR 2010 FOR NAVY RESERVES// MILITARY PAY ADVISORY 46/10// REF/A/MEMORANDUM/OFFICE OF SECRETARY OF DEFENSE/29 APR 2005// AMPN/REF A IS OSD POLICY STATEMENT REGARDING WAGE AND TAX STATEMENTS THROUGH MYPAY// POC/MPO-CL CODE JFLB/COMM (216) 522-5121/DSN 580-5121// RMKS/1. THE PURPOSE OF THIS MESSAGE IS TO PROVIDE INFORMATION REGARDING THE PROCEDURES FOR THE DELIVERY OF INITIAL, REISSUE, AND CORRECTED W2S FOR TAX YEAR 2010 FOR RESERVE FORCES. 2. INITIAL W2S FOR TAX YEAR 2010 WILL BE AVAILABLE ELECTRONICALLY VIA MYPAY EFF 4 JAN 2011. INITIAL HARDCOPY W2S FOR TAX YEAR 2010 WILL BE MAILED DURING THE PERIOD OF 4 JAN 2011 THRU 7 JAN 2011 TO THE MEMBER'S DJMS-RC ADDRESS OF RECORD. CORRECTED W2S AND REISSUES FOR TAX YEAR 2010 WILL BE AVAILABLE ON MYPAY AND DISPLAYED ON THE FIVE YEAR TAX HISTORY SYSTEM (5YTHS) BEGINNING 20 JAN 2011. THEY WILL BE MAILED BEGINNING 22 JAN 2011. REMINDER: MEMBERS MUST INCLUDE THE INITIAL AND ALL CORRECTED W2S WHEN FILING THEIR TAX RETURN. 3. FOR THOSE MEMBERS WHO HAVE COMBAT ZONE TAX EXCLUSION (CZTE) REPORTED ON THEIR PAY ACCOUNT IN CALENDAR YEAR 2010, THE TOTAL CZTE AMOUNT WILL BE REFLECTED ON THEIR 2010 W2 IN BOX 12 AS A CODE Q IAW INTERNAL REVENUE SERVICE (IRS) REGULATION. 4. 2010 THRIFT SAVINGS PLAN DEFERRED CONTRIBUTIONS WILL BE REPORTED IN BLOCK 12 AS CODE D AND TSP EXEMPT CONTRIBUTIONS WILL BE IN BLOCK 14 AS CODE E. 2010 TSP CONTRIBUTIONS ATTRIBUTABLE TO A PRIOR YEAR WILL BE REPORTED AS A SEPARATE LINE ITEM IN BLOCK 12. 5. PER REF A, ALL MEMBERS WHO HAVE ACCESSED MYPAY STARTING 1 JULY 2005 HAVE CONSENTED TO RECEIVE THEIR W-2 ELECTRONICALLY AND WILL NOT RECEIVE A HARDCOPY VERSION UNLESS THAT OPTION HAS BEEN ELECTED IN MYPAY. 6. FOR THOSE MEMBERS,WHO IN CALENDAR YEAR 2010 HAD A DEDUCTION FROM THEIR MILITARY PAY TO SATISFY A DEBT TO THE US GOVERNMENT WHICH WAS INITIATED IN A PRIOR YEAR, A TAX CERTIFICATE WILL BE ISSUED AND MAILED TO THE DJMS-RC HOME OF RECORD DURING THE LAST WEEK OF DECEMBER. MEMBERS ARE CAUTIONED TO CONSULT A TAX PROFESSIONAL PRIOR TO USING THIS DATA FOR FILING THEIR FEDERAL TAX RETURN. 7. DUE TO THE MANUAL WORKAROUND USED TO ALLOW TSP CATCH-UP CONTRIBUTIONS, THE 2010 TSP DEFERRED CONTRIBUTION AMOUNTS FOR DJMS-RC DO NOT INCLUDE THE TSP CATCH-UP. EACH PARTICIPANT IN THE CATCH-UP PROGRAM WILL RECEIVE A CORRECTED W-2 NO LATER THAN 1 FEB 2011 INDICATING AN INCREASED AMOUNT FOR TAX DEFERRED TSP. THIS CORRECTED W2 WILL ALSO BE AVAILABLE ON MYPAY. 8. IT IS NO LONGER REQUIRED THAT MPO-CL SEND A CORRECTED W-2 TO MEMBERS WITH TAXABLE INCOME THAT EXCEEDS $99,999.99. TAXABLE WAGES ARE NO LONGER BEING TRUNCATED.// BT #1700 NNNN