Jan 012013
 Posted by on January 1, 2013

Effective 2012, The Patient Protection and Affordable Care Act (ACA) requires employers to report the total value of the employer-provided health care coverage on the employee’ W2. The total value represents the combined employer and employee contributions.

This total amount will appear with code DD in Box 12 of your W-2.

The amount is for informational purposes and will not affect your tax liability. If you have any questions, please contact your tax accountant.

In addition, if you would like to see the total amount of employee contributions only you can find that information on your Dec. 28 paystub under Pre-Tax Medical Deductions in YTD column.

All W-2’s will be mailed by Jan. 31, 2013.