Free Republic 4th Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $69,091
85%  
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Keyword: taxincreasehr3590

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  • Employer-sponsored group health coverage that is excludable from the employee's gross income.

    08/02/2010 8:13:36 AM PDT · by Captain PJ · 13 replies · 3+ views
    Bosses E mail | unknown
    Just a little bit more taxes please. Should you want to verify this, go to http://www.thomas.gov/, enter "HR 3590" in the search box and look for "CRS Summaries." This is what you'll find. Title IX Revenue Provisions—Subtitle A: Revenue Offset "(Sec. 9002) Requires employers to include in the W-2 form of each employee the aggregate cost of applicable employer-sponsored group health coverage that is excludable from the employee's gross income (excluding the value of contributions to flexible spending arrangements)." Starting in 2011—next year—the W-2 tax form sent by your employer will be increased to show the value of whatever health...