RETIRED AND RECEIVING A 1099-MISC

Forum|Forum|5 years ago
March 24, 2021
1 reply
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I am retired and received a W2 with the employer-paid cost for health insurance for myself and my domestic partner as non-taxable income under box 12a, code DD. I also received a 1099-MISC showing the employer paid cost for only my partner's coverage (1/2 of the amount on the W2) under box 6 (Medical & Health Care Payments). Is this correct? Do I need to file a Schedule C as Self-Employed because of this coverage? Why wouldn't the taxable portion (my partner's) be included on the W2 as taxable rather than the 1099-MISC? Can this be reported under "Other Income" to avoid getting hit with the Self-Employment tax?

Best answer by MaryK4

The imputed income should have been reported on your W2, not a 1099-MISC. Box 6 is for payments to physician or other supplier or provider of medical or health care services and this is not correct either. You should contact the employer and ask for a corrected W2. It would be subject to FICA, but not SE tax so the employer should have paid one half.

If you do not receive a corrected W2, see How do I file a substitute W-2 using Form 4852?