Monday, January 14, 2013

W-2 Forms: In the Mail & Online This Week

Your 2012 Form W-2 will be mailed to your home address this week. 

The Patient Protection and Affordable Care Act of 2010 (also known as the Affordable Care Act or Obama Care) requires employers to report on Form W-2 the cost of employer-sponsored group health insurance beginning with the 2012 reporting year. Staff members who participated in the Agency’s health insurance plan at any time in calendar year 2012 will have an amount reported in box 12, letter code DD of their W-2. The required amount to be reported is the sum of employer and employee premium contributions. Please note that this is informational only and the amount reported is not taxable. 

Want to view your 2012 Form W-2 online? You can, beginning January 15, 2013. Login to your Employee Dashboard and select the Employee Online navigation tab at the top of the page. Once in Employee Online, go to the left side navigation and click on the “W-2 Info” link then on the “W-2 2012” link. This will open a PDF copy of your W-2 that you can print. Contact Payroll if you lose your W-2 and need an official replacement copy for tax filing purposes or for your permanent records. 

A help document of tips to better understanding your W-2 can be found on the Intranet > Business Office > Payroll Forms & Information or by clicking here. This help document provides an explanation of certain boxes on your W-2. If you have any questions, please contact Steve Jordan, Senior Payroll Specialist, at sjordan@aea11.k12.ia.us or ext. 14908.

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