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?

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Posted by CaptainJ47

Gonzales

Member since Nov 2007

7331 posts

Posted on 1/30/13 at 8:17 pm to tigeraddict

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.

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Posted by BleedsPurpleandGold

Tiger Land

Member since Oct 2005

295 posts

Posted on 1/31/13 at 7:14 am to CaptainJ47

Company paid portion of your health insurance. You will have to ay taxes on it as part of Obamacare in the future.

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Posted by TheDiesel

Phoenix

Member since Feb 2010

2608 posts

Posted on 1/31/13 at 9:15 am to BleedsPurpleandGold

Holy frick. Every time I read about Obamacare I find out about some new bullshite tax. It is never ending.

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Posted by htownjeep

Republic of Texas

Member since Jun 2005

7611 posts

Posted on 1/31/13 at 10:09 am to TheDiesel

Will the amount of DD be taxed as part of your regular income or at a different rate? And when will that start?

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Posted by ATL TGR

Houston

Member since Apr 2008

2878 posts

Posted on 2/2/13 at 9:19 pm to htownjeep

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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