IRS Delays Forms W-2 Health Care Cost Reporting Requirement for Smaller Employers

Issued March 31, 2011

On March 29, 2011, the IRS issued interim guidance regarding the W-2 provision of the Affordable Care Act.

According to IRS Notice 2011-28, employers that issue fewer than 250 Forms W-2 in 2011 will not be required to report the cost of employer sponsored health coverage on their tax year 2012 Forms W-2.

Employers filing 250 or more Forms W-2 in 2011 will still be required to include the cost of employer-sponsored health coverage on the forms for tax year 2012.