Affordable Care Act Tax Provisions for Large Employers

 

Some of the provisions of the Affordable Care Act, or health care law, apply only to applicable large employers, generally those with 50 or more full-time employees, including full-time equivalent employees. For example, applicable large employers have annual reporting responsibilities concerning whether and what health insurance they offered to their full-time employees (and their dependents).

Applicable large employers can find resources and the latest news at the Applicable Large Employer Information Center.

Coverage

Reporting

  • You must withhold and report an additional 0.9 percent on employee wages or compensation that exceeds $200,000. Learn more.
  • You may be required to report the value of the health insurance coverage you provided to each employee on his or her Form W-2.
  • You must file an annual return reporting whether and what health insurance you offered your employees.
  • If you provide self-insured health coverage to your employees, you must file an annual return reporting certain information for each employee you cover.

Payment & Provisions