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HomeRelevant ArticlesEmployer reporting of Health Care Coverage delayed until 2012


Employer reporting of Health Care Coverage delayed until 2012

October 3rd, 2016

The Internal Revenue Service has announced that it will defer the reporting requirement for employers to report the cost of coverage under an employer-sponsored group health plan until at least 2012. A draft Form W-2 (Wage and Tax Statement) for 2011 will indicate where employers can report aggregate costs of employer-sponsored coverage (Box 12 with new code DD) optionally. The reported amounts are not taxable.

The IRS intends to publish guidance on the new requirement before the end of this year at http://www.irs.gov/pub/irs-drop/n-2010-69.pdf