Summary
Report an employer-sponsored health plan on W-2 Forms in Sage 50 Accounting.
Description
- For IRS guidelines on reporting company-paid insurance benefits, see Form W-2 Reporting of Employer-Sponsored Health Coverage
Resolution
If the company-paid benefit hasn’t been set up yet, see How to set up a company paid insurance benefit.
- Click Maintain, Payroll, Payroll Settings.
- Click Taxes, Assign Tax Fields.
- Click W-2 Fields.
- Click into the first available Include field in the W-2 Box 12 section.
- From the drop-down list, select the relevant payroll field.
- On the same line, select DD from the Use Code drop-down list.
- Click OK.
- Click Finish.
NOTE: Items with a Use Code set to 'DD' won’t appear on the W-3.