Good news on reporting health coverage on employees’ W-2s.
You may recall that Obamacare requires the reporting of health coverage on an employee’s W-2. This rule was to be first effective for 2011 W-2s to be filed in 2012.
That was changed from 2012 to 2013 – in effect, a one year delay.
Now the rule has been changed again. Small firms, defined as having fewer than 250 employees – do not have to report health coverage on their 2012 W-2s to be filed in 2013.
Larger employers – defined as 250 employees or more – will still have to include this information on their 2012 W-2s.
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