Beginning with W-2 forms issued in January 2013 (for calendar year 2012), employers are required to report the value of employer-provided health coverage on Form W-2. In order to assist employers with this reporting requirement, the IRS issued Notice 2011-28, which provides answers to a number of frequently asked questions ("FAQs").
The Notice and FAQs provide the following:
The Notice also provides transitional relief for small employers that have filed fewer than 250 Forms W-2 for 2011 calendar year. These small employers are not required to report the cost of health coverage until further guidance is issued by the IRS.