4 ms·
"Give employees a statement showing how much the employer paid..." Box 12, code DD on your W-2 reports "the cost of coverage under an employer-sponsored group
by zacherates 7y ago
"Give employees a statement showing how much the employer paid..."
Box 12, code DD on your W-2 reports "the cost of coverage under an employer-sponsored group health plan" as required by the ACA [1] (includes the premiums you paid, but you can subtract those out).
[1] https://www.irs.gov/affordable-care-act/form-w-2-reporting-of-employer-sponsored-health-coverage https://www.irs.gov/affordable-care-act/form-w-2-reporting-o...