The Affordable Care Act (ACA) requires that employers report the aggregate cost of employer-sponsored group health plan coverage on their employees’ Forms W-2. The purpose of the reporting requirement is to provide information to employees regarding how much their health coverage costs. It’s important to note that the reporting does not mean the cost of the coverage is taxable to employees.
To help employers fully understand the Form W-2 reporting requirement, we have put together a presentation entitled “W-2 Reporting Requirements Under Health Care Reform”.
To download your copy of this presentation, simply fill out the form below: