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Report employer-sponsored health care coverage on the W-2 form

Created on  | Last modified on 

Summary

How do I add the health care cost information to the W-2 in Sage 300 Construction and Real Estate for the Affordable Care Act?

Description

IRS requirements for the Affordable Care Act include employers reporting the value of the health insurance coverage they provide employees on the Form W-2.

Resolution

You haven't tracked the cost of health care using a fringe

Enter employer-sponsored health care costs that you didn't track in Payroll.

You’ve tracked the cost of health care using a fringe

  1. Set up a formula that combines the employer and employee-paid health care amounts.
  2. From the Payroll Tools menu, select Modify Forms, W-2 Forms.
  3. Select the W-2 form you’re using and click the Amounts Tab.
  4. In the first available line for Box 12, click in the left box and enter DD.
  5. Select the right box you’re using and click the Formula button.
  6. Select the formula for employer-sponsored health coverage and click OK.
  7. Click Save and Close.

 

 


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