Complying With W-2 Rules for Reporting Health Care Benefits and HSA Reporting Rules

Lorman Education Services

Tax reporting rules can be confusing - are you in compliance with required reporting for health care benefits?

Many employers help their employees pay for health care through employer contributions applied towards premium costs or contributions to employees' HSAs. Employers are required to report certain information to the IRS and their employees regarding the value of health care and HSA contributions. However, because the tax reporting rules can be so complex, employers often do not understand how to properly complete applicable tax forms or how to communicate relevant tax-reporting information to employees.

This topic will help the persons responsible for completing these forms and communicating this information to employees learn what information is required to be reported, who is responsible for reporting, and what information will be reported. The information will also explain the due dates for each form.

Learning Objectives

• You will be able to recognize which forms are relevant for health care reporting.
• You will be able to describe what types of health coverage must be reported on the Form W-2.
• You will be able to discuss the forms on which individuals, employers, and trustees must report HSA information.
• You will be able to review forms to ensure they are completed correctly.

Faculty

• Katie Bjornstad Amin, Groom Law Group, Chartered
• Sravya (Via) Boppana, Groom Law Group, Chartered

More Information, How to Register