Tax season is officially upon us all! DFAS recently announced that W2′s are available in MyPay for military members. DFAS customers with myPay access will be able to retrieve their tax statements electronically up to two weeks sooner than those relying on regular mail delivery. Internal Revenue Service (IRS) forms W-2s, 1099Rs and 1099-INTs, along with retiree and annuitant annual account statements will be available to DFAS customers via myPay.
According to Lee Krushinski, acting DFAS Operations Director, tax statements available through myPay are approved for use by the IRS and have several added benefits for myPay users. One is the ability to retrieve your tax statement directly from myPay at any time during the year. The statements remain online to allow customers to view and print whenever it is convenient for them.
Another great feature is the use of “restricted access PINs, which allows users to have other family members, tax preparers or other trusted individuals view and print their tax statements without the ability to change any pay account information. This can be of particular interest to military members deployed overseas, retirees, annuitants, or anyone who uses commercial tax preparation services. The restricted access PIN can be established after logging into a customer’s myPay account.
myPay is a secure Web-based pay information system. One of the many benefits of this system is avoiding risks associated with identity theft. myPay has a series of security measures with layers of defense against identity theft. The secure technology provided to myPay customers meets or exceeds security requirements in private industry worldwide.