New guidance from the IRS provides additional information for employers that are subject to the requirement under Health Care Reform to report the value of the health insurance coverage they provide employees beginning with 2012 Forms W-2 (generally furnished to employees in January 2013).
The requirement continues to be optional for smaller employers filing fewer than 250 Forms W-2 in the preceding calendar year unless and until further guidance is issued (but be sure to comply with any state-specific requirements regarding reporting the cost of health coverage provided to adult children).
