{"id":4052,"date":"2010-09-24T12:17:01","date_gmt":"2010-09-24T16:17:01","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=4052"},"modified":"2010-09-27T12:17:23","modified_gmt":"2010-09-27T16:17:23","slug":"question-of-the-week-how-do-we-determine-the-cost-of-health-insurance-to-report-on-form-w-2","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2010\/09\/question-of-the-week-how-do-we-determine-the-cost-of-health-insurance-to-report-on-form-w-2\/","title":{"rendered":"Question of the Week: How Do We Determine the Cost of Health Insurance to Report on Form W-2?"},"content":{"rendered":"<div class=\"img alignright size-medium wp-image-4053\" style=\"width:232px;\">\r\n\t<a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/09\/Confused-Woman.jpg\"><img src=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/09\/Confused-Woman-232x300.jpg\" alt=\"How Do We Determine the Cost of Health Insurance to Report on Form W-2?\" width=\"232\" height=\"300\" \/><\/a>\r\n\t<div>How Do We Determine the Cost of Health Insurance to Report on Form W-2?<\/div>\r\n<\/div>This week\u2019s question comes from Katy, an HR administrator. We know we need to capture the cost of health coverage and report it on <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/05\/fw2-2010.pdf\" target=\"_blank\">Form W-2<\/a>, starting in 2011. How do we determine the cost of health insurance to report on <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/05\/fw2-2010.pdf\" target=\"_blank\">Form W-2<\/a>? Answer: Employers are required to use rules \u201csimilar to the rules of \u00a74980I(d)(1)\u201d, which are the rules used to calculate the cost to qualified beneficiaries who elect COBRA coverage.<\/p>\n<p><strong>Further Guidance for Reporting the Cost Health Insurance on Form W-2 Is Expected<\/strong><\/p>\n<p>As further guidance from the Internal Revenue Service (IRS) becomes available in this area, <a href=\"mailto:info@visionpayroll.com\" target=\"_blank\">Vision Payroll<\/a> will provided updated guidelines for calculating the amount to be included on <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/05\/fw2-2010.pdf\" target=\"_blank\">Form W-2<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How Do We Determine the Cost of Health Insurance to Report on Form W-2? This week\u2019s question comes from Katy, an HR administrator. We know we need to capture the cost of health coverage and report it on Form W-2, starting in 2011. How do we determine the cost of health insurance to report on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[545,548,224,321,1223,44],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/4052"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=4052"}],"version-history":[{"count":3,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/4052\/revisions"}],"predecessor-version":[{"id":4056,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/4052\/revisions\/4056"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=4052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=4052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=4052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}