last update 5-01-2010

New Form W-2 Reporting Requirement

Beginning with the calender year 2011 Form W-2s that will be issued in the Spring, 2012, employers will be required to expand the reporting requirements for the annual Form W-2 to include information related to group health insurance. Specifically, an employer must disclose the cost of providing group health insurance to the employee. However, the employer is not required to include information relating to flexible spending acocunts (FSA), Archer medical savings accounts (MSA) or Health Savings Accounts (HSA).

What does this mean for the employer--clearly, it means more work, more costs and more time required to gather and report the information. The only advantage is that it will first be required for 2011 and is not yet a requirement for 2010.

========================  WARNING  =======================
                      AND DISCLAIMER
This information is provided for the reader's benefit in
becoming familiar with the legal matters discussed.  Your
particular facts may be different from the points above.
You should not rely on the above data without consulting a 
attorney to discuss the specific facts of your case
and the law of your state.

If you live in Louisiana and want to talk about your situation, please call me at the number below. Fees will be charged after initial consultation.

    Marvin E. Owen
    3036 Brakley Drive
    Baton Rouge, La 70816
    ph 225-292-0099
    toll-free 1-888-292-0116

   Back to Marvin's homepage

copyright © 2010 marvin e owen