IRS Healthcare Coverage Reporting Requirement Remains Voluntary for 2011

Recently, the Internal Revenue Service (IRS) hosted a webinar entitled “Reporting of Employer Healthcare Coverage on Form W-2.”   In the webinar, which provided a concise, useful overview of the Form W-2 healthcare coverage reporting requirements under the Affordable Care Act, the IRS was quick to note that employers will only be obligated to make such reports on their 2012 Form W-2s.  The IRS also directed webinar participants to its website where the agency has materials on this topic including IRS Notice 2011-28 and IRS Notice 2010-69.   For more detailed information on the IRS’ Guidance regarding the Form W-2 healthcare coverage reporting requirements, see Littler's ASAP:  IRS Issues Guidance on Form W-2 Reporting for Costs of Employer-Provided Coverage, by Steven J. Friedman and Sean D. Brown.

Information contained in this publication is intended for informational purposes only and does not constitute legal advice or opinion, nor is it a substitute for the professional judgment of an attorney.