Fact vs. Fiction: W-2 Form and Affordable Care Act |
Starting in tax year 2011, the Affordable Care Act requires employers to report the value of the health insurance coverage they provide employees on each employee's annual Form W-2. This reporting is for informational purposes only, to show employees the value of their health care benefits so they can be more informed consumers. The amount reported does not affect tax liability, as the value of the employer contribution to health coverage continues to be excludible from an employee's income and it is not taxable. IRS confirms that employer-provided health coverage is not taxable. This information can also be found in the links below. ACA Tax Provisions page on IRS.gov. |
* Gulfport Office
2424 14th StreetGulfport, MS 39501 Phone: 228.864.7670 Fax: 228.864.3099 View google map |
Bay St. Louis Office
412 Hwy 90, Suite 8Bay St. Louis, MS 39520 Phone: 228.469.9235 Fax: 228.469.9291 View google map |
Ocean Springs Office
2900-B Government St.Ocean Springs, MS 39564 Phone: 228.872.7950 Fax: 228.872.7949 View google map |
Hattiesburg Office
701 Main Street, Suite 215Hattiesburg, MS 39401 Phone: 601.582.3246 Fax: 601.582.3452 View google map |
Laurel Office
527 Central AvenueLaurel, MS 39440 Phone: 601.425.3905 Fax: 601.425.3906 View google map |
Washington Office
2269 Rayburn HOBWashington, D.C. 20515 Phone: 202.225.5772 Fax: 202.225.7074 View google map |
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