Information About 2025 Tax Forms

W-2s for the 2025 tax year were mailed to all retirees at the end of January 2026. 1095-Cs were also mailed to all retirees to arrive by March 3, 2025. If a retiree and all covered dependents are on Medicare, they will receive their 1095-B directly from Medicare.

If you retired prior to 2025 and received a 2025 W-2, it is most likely because you carry MCPS-provided life insurance. The W-2 shows the tax you pay on the premium value of your life insurance coverage. The value of this imputed income for excess life is reported separately on the W-2 as an adjustment to income in Box 12 under Code C, Group Term Life Insurance over $50,000. Excess life premiums are taxed each year that the coverage is provided. Life insurance proceeds (the amount paid to your beneficiaries in the event of your death) are not taxed. This term life insurance has no cash value.