Category: Technology

Health Care Reform: W-2 Reporting in GP

With the year-ending 2012, many employers will be required to report the cost of each employee’s coverage under an employer-sponsored group health plan on the employee’s W-2.  To Include this information into payroll in Microsoft Dynamics GP is to set up corresponding benefits as follows: the benefit should be set up as not subject to any taxes as it is not included in taxable income, and it should be set up to print in W-2 Box 12, with W-2 Label ‘DD’, as pictured below:

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