Missing 12DD amount

[SensibleandHourly]

Hello  Community, 

I just realized that the return I am working on doesn't have health insurance premiums in section 12DD on the W-2 nor has it ever had that amount listed. The employer has less than 10 employees, is that perhaps why that isn't declared? And if so, is the client still able to declare the amount that they paid toward the premium, or would that then only apply if they itemized? I have clarified with the client that it is major medical and not an indemnity type plan. 

Thank you, 

Dawn 

[abctax55]

12DD = what the EMPLOYER paid in medical insurance, for the employee.  It wouldn't be a deduction on the 1040.   You should be able to track this thru/verify by looking at a paystub.

I believe the reporting is only mandatory if the ER has over a certain number of EE's - but I don't know the actual number.  I only see it on W-2's that are issued by larger entities.

[SensibleandHourly]

Thank you. I saw somewhere on the IRS site that employers with less than 250 employers were exempt. I'm from a small town so seriously every business that I know of would be exempt. 😉 

[Terry53029]

That is just informational, and not all company's use it. If your client pays a portion of his health insurance, and it is not pre tax (he pays tax on his portion) then if he itemizes he could count that toward his total medical expense. Note that some states allow a credit or deduction from income for health premiums whether they itemize or not.