Announcement

Collapse
No announcement yet.

New Requirement

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    New Requirement

    I am seeing a lot of W2s with code DD in box 12 reporting the cost of employer paid healthcare. Wouldn't ya know it, my one W2 I have done this year did have employer paid healthcare and I did not report the cost on the W2. Am I in violation of the law and should I issue a corrected form?

    #2
    Large employers

    I think it is larger employers. Over 250 employees??? Cant quite remember exactly.
    I would put a favorite quote in here, but it would get me banned from the board.

    Comment


      #3
      Transition Relief

      Many small employers are not subject to this reporting requirement for 2012 Forms W-2. Notably, the exception appears to be applicable to employers who filed fewer than 250 Forms W-2 for the previous year, i.e., 2011.

      Here's a Q&A from the IRS:



      You may want to skip to Question 4. The article makes about a dozen references to "transition relief" before they actually tell you who it applies to.

      BMK
      Burton M. Koss
      koss@usakoss.net

      ____________________________________
      The map is not the territory...
      and the instruction book is not the process.

      Comment


        #4
        Other Threads

        You can go to the other thread earlier to see how to handle this. You should be ok not to report it.

        Comment

        Working...
        X