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IRS Releases New Notice on W-2 Reporting

The IRS just released some changes to the W-2 reporting for employers.

Employers that are required to file fewer than 250 W-2 forms in 2011 WILL NOT be required to report the cost of health coverage under Health Care Reform. This change will continue until further guidance is issued.

However, employers that filed 250 or more W-2 forms in 2011 will be responsible for reporting to employees the total cost of their group health coverage on their 2012 W-2 form issued in January 2013.

Mark Karlie

Vice President | Kingsburg