Download this chart on health benefit reporting on 2015 Forms W-2 — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Download this chart on health benefit reporting on 2015 Forms W-2

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in Office Management,Payroll Management

Reporting offers of health insurance made to full-time employees on Form 1095-C is entirely separate from reporting the aggregate cost of health insurance on all employees’ W-2s.

Good news: The IRS has made no changes to the information that must be reported on this year’s W-2s.

Remember: If you filed at least 250 W-2s for 2014, you must report the aggregate cost of employees’ health benefits on their 2015 W-2s in Box 12 with Code DD; reporting on Form W-3 isn’t necessary.

This chart lists health benefits and whether you must report them. The IRS has clarified that even if a benefit isn’t reportable, you may voluntarily report it.

Click on the image to download.

 

 

 

 

 

 

 

A step-by-step payroll compliance guide to each pay period, month and calendar quarter of the year is now available. Download it free here.

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