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Unread 10-05-2010, 02:24 PM
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RWilson2526 RWilson2526 is offline
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Some scary stuff there for sure but one of the items jumped out at me as inaccurate. In wave 3 about health care benefits reporting on W-2.

Found this on a insurance companies website

http://www.zanebenefits.com/blog/201...+W-2+Reporting

Note on 04-05-2010: The aggregate cost of an employee's health benefits will not be included in the employee's taxable income. Rather, the reporting will be a way to verify medical coverage for the mandates. Also, the W-2 will be a way to track coverage values for the excise tax (starting in 2018) on medical coverage above the thresholds.

And I havent looked it up yet but if I recall the excise tax on premiums will only be on the amount up and above If I recall something like 16K a year which is a pretty fat number.
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