The Default plan share cost in Payroll settings
(File, Company Settings, PR Settings, ACA
Settings) will prefill the Employee Share of
Premium (Tasks, ACA
Compliance, Details) for all
employees unless a Plan share amt amount is
specified for the employee (Setup,
Employees, ACA Coverage tab).
The IRS defines the plan share cost as the amount of the
employee share of the lowest-cost monthly premium for self-only
minimum essential coverage providing minimum value that is offered
to the employee.
Enter the lowest-cost monthly premium for self-only minimum
essential coverage providing minimum value that is offered to the
employee. This amount may not be the amount the employee is paying
for the coverage, for example, if the employee chose to enroll in
more expensive coverage such as family coverage.
For more information, contact the IRS or visit www.irs.gov.
DocLink: How do I set up ACA in Sage 300 Construction and Real Estate?
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