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tigeraddict
LSU Fan
Baton Rouge
Member since Mar 2007
5069 posts

W-2 box 12 code

I finally got my W-2 today and in box 12a I have a close D and my 401k shown. This is the same as every year. But what is different is box 12b has a code DD and lists $16k+ in that line

I searched and that is my company provided health insurance portion. Guessing this is obamacare changes. Question is this now taxable?


CaptainJ47
Hawaii Fan
Gonzales
Member since Nov 2007
3395 posts
Online

re: W-2 box 12 code
Not taxable. Read an article about it today. It is on there to let the government know you have insurance and also in an effort to increase awareness of costs.


BleedsPurpleandGold
LSU Fan
Tiger Land
Member since Oct 2005
295 posts

re: W-2 box 12 code
Company paid portion of your health insurance. You will have to ay taxes on it as part of Obamacare in the future.


TheDiesel
LSU Fan
Houston via Baton Rouge
Member since Feb 2010
2509 posts

re: W-2 box 12 code
Holy frick. Every time I read about Obamacare I find out about some new bull shite tax. It is never ending.



htownjeep
LSU Fan
Nassau Bay, TX
Member since Jun 2005
6602 posts

re: W-2 box 12 code
Will the amount of DD be taxed as part of your regular income or at a different rate? And when will that start?


ATL TGR
LSU Fan
Houston
Member since Apr 2008
2878 posts

re: W-2 box 12 code
Bump.

Just starting to look through w-2 now. Still can't file til the end of February but what is this DD code?

I know what the "income" is. Will this be subject to taxes in future years?


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