C.L. Coonrod & Company Article

Are All Employers Required To Report "Applicable Employer-Sponsored Coverage" on an Employee's Form W-2 for 2012?

The answer seems to depend on whether the employer has fewer than 250 employees.

Attorney Larry Grudzien states in a recent email to his subscribers, “All employers that provide "applicable employer-sponsored coverage" during a calendar year are subject to the reporting requirement-including federal, state, and local government entities (a few exceptions apply, such as federally recognized Indian tribal governments).

“For 2012 Forms W-2 and until the issuance of further guidance, the IRS indicated in Notice 2011-28, Q/A-3 that an employer is not subject to the reporting requirement for any calendar year if the employer was required to file fewer than 250 Forms W-2 for the preceding calendar year. Therefore, if an employer files fewer than 250 Forms W-2 in 2011, the employer would not be subject to the reporting requirement for the 2012 calendar year. “

2012 Forms W-2 are the forms issued in 2013 for income in 2012.

A copy of Notice 2011-38 can be obtained by clicking on link below:

Notice 2011-28

Also, the requirement to report these health insurance benefits was waived for 2011 earnings.

If you have questions or would like further information, please contact us at: Coonrod@Coonrodcpa.com

09/30/11

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This article is intended to provide information of general interest to local government officials in Indiana. The information is not guaranteed to be applicable or appropriate in particular circumstances. Local officials should consult competent professionals before acting on any information contained in this article. We are not attorneys. Advice of a legal nature should be sought only from qualified attorneys.

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