Your taxes and Obamacare

[RWilson2526]

Spare if you see your accountant again see if you can get the name of the publication he showed you. I think somebody is misreading something somewhere...this is directly fom IRS.Gov

http://www.irs.gov/newsroom/article/...228881,00.html

IRS Releases Draft W-2 Form for 2011; Announces Relief for Employers

IR-2010-103, Oct. 12, 2010

WASHINGTON — The IRS today issued a draft Form W-2 for 2011, which employers use to report wages and employee tax withholding. The IRS also announced that it will defer the new requirement for employers to report the cost of coverage under an employer-sponsored group health plan, making that reporting by employers optional in 2011.
The draft Form W-2 includes the codes that employers may use to report the cost of coverage under an employer-sponsored group health plan. The Treasury Department and the IRS have determined that this relief is necessary to provide employers the time they need to make changes to their payroll systems or procedures in preparation for compliance with the new reporting requirement. The IRS will be publishing guidance on the new requirement later this year.
Although reporting the cost of coverage will be optional with respect to 2011, the IRS continues to stress that the amounts reportable are not taxable. Included in the Affordable Care Act passed by Congress in March, the new reporting requirement is intended to be informational only, and to provide employees with greater transparency into overall health care costs.

Subscribe to IRS Newswire

[reelapeelin]

Originally Posted by reelapeelin

Does anybody here believe the D.C. cops and the American military would fire on American citizens if enough of us clogged the streets of D.C. as has recently happened in Egypt?...BTW, I commend the Egyptian military for keeping their cool...so far.

Not just Obamacare, but all the incredibly wasteful directions our money is sent is the real problem...Obamacare is only one spoke of the wheel...the status-quo of the present political scene (left & right) is the REAL problem...

Perhaps I jumped ahead a bit...

[Destroyer]

Originally Posted by reelapeelin

Does anybody here believe the D.C. cops and the American military would fire on American citizens if enough of us clogged the streets of D.C. as has recently happened in Egypt?...BTW, I commend the Egyptian military for keeping their cool...so far.

Interesting question. I seem to recall back in the sixties a small college campus where they were holding demonstrations against the Vietnam war. The National Guard was called in to "maintain order". It was called Kent State. They shot and killed 6 people.