What premiums need to be included on the Form W-2?
Employer-sponsored coverage under Form W-2 reporting generally includes (but is not limited to): major medical coverage; amounts an employer contributes to a health reimbursement account (HRA); Medicare supplemental coverage; employer-provided Medicare Advantage plans; and limited benefit plans. Coverage under dental and vision plans are also included unless they are “stand-alone” plans.
Related Questions
- Since Roth contributions are already included as part of wages, tips and other compensation on the Form W-2, must the amount contributed as Roth contributions be identified on the Form W-2 as well?
- If the employee paid premiums on a post-tax basis, do I still need to report the disability benefits paid on a Form W-2 since it is non-taxable income?
- What elements of compensation are included in "Box 1" of the Form w-2?
