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Unread 10-05-2010, 03:21 PM
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RWilson2526 RWilson2526 is offline
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http://www.kiplinger.com/businessres...n-the-way.html

Here it is again from Kiplinger website who is quoted in the orginal email.

3. A requirement that businesses include the value of the health care benefits they provide to employees on W-2s, beginning with W-2s for 2011. The amount reported is not considered taxable income

And here's the part that shows that in 2018 even with your 20k a year you will be unaffected by the 40% excise tax.

10. A new 40% excise tax, beginning in 2018, on high-cost health plans, levied on the portion that exceeds $10,200 for individuals and $27,500 for families. The provision is aimed mostly at gold-plated plans offered by employers, although it can affect individual policies





It will be "reported" on your W-2 but not included as taxable income.

I'm not arguing your views that everyone should be voted out..just the accuracy of this particular point. Think about it if they included your $20K as taxable income you'd owe about 5K on that money...aint no way.
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Last edited by RWilson2526; 10-05-2010 at 03:32 PM.
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