Set up employer-paid health benefits for W-2 reporting

How to configure employer-paid health benefits for W-2 reporting of the Affordable Care Act in Sage HRMS. It also explains how to report employer-provided health care amounts using Box 12 Code DD.

Set up employer-paid benefits

• Create an Earnings/Deductions category and label it Benefit.
• Assign W-2 mapping to Employer Provided Health Care.

Enter missing amounts

• Use Transaction History to enter missed benefit amounts.
• Enter adjustments for the correct payroll period.

Report w-2 values

• Report totals in Box 12 of Form W-2.
• Use Code DD to identify employer-provided health care amounts.
• Review Form W-2 requirements at www.irs.gov.
  
  NOTE:

  There’s no reporting of these totals on Form W-3.