What does the code "DD" on the W-2 form box 12a mean?

Forum|Forum|7 years ago
May 31, 2019
3 replies
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Anonymous

bigdi30-

Hello - Code DD in Box 12 is the cost that your employer paid for your Health Insurance.

It is informational but it is not included in your tax filing. You can enter it in the W-2 Box 12 drop down menu - it is found after z.

Hope this helps and thank you for using TurboTax!

abdiab

Level 2

when i enter an amount, it affects my taxes nrgatively. Why ?

Anonymous

Yes - it should be the employer portion only

Employee contribution most of the time are excluded in the Box 1 taxable income so you do not pay tax on the employee contributions

stryeyz

Level 2

Actually, it is NOT the employer portion only. It is the premium amount paid to the insurer for coverage for the year (if fully insured) or, there are some options for what to report for self-insured companies.
Source: <a rel="nofollow" target="_blank" href="https://www.irs.gov/Affordable-Care-Act/Form-W-2-Reporting-of-Employer-Sponsored-Health-Coverage">https://www.irs.gov/Affordable-Care-Act/Form-W-2-Reporting-of-Employer-Sponsored-Health-Coverage</a>
"In general, the amount reported should include both the portion paid by the employer and the portion paid by the employee. See the chart, below, and the questions and answers for more information."