Fact vs. Fiction: W-2 Form and Affordable Care Act Print

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.
 




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