Have any of you looked at your W-2 yet this year?

No no lol…. what the “law” is starting in 2014. If you get your health coverage from your employer and they pay 80% and you pay 20% per years for your coverage then you will be taxed on the 80%

where I'm from most people make less then 20,000 a year.

W-2 PDF.

[link to www.irs.gov]

Ohhh, phew!

But I just got a funny feeling I gave someone an idea....ugh

I just did my Taxes.

This was not on my W-2.

Smart!

Hurry!

Just free for the illegals and welfare people. The ones who voted for Obama twice in each election.

Last Edited by nutmeg on 02/04/2013 03:19 PM

If your employer has under 250 people they don't have to show it on the W2s...YET. Everyone else does, though, so you can be sure yours has that info, they just aren't showing you yet.

This is socialism, being forced to pay other peep's benefits or pay a steep fine. The insurance companies will love ObamaCare. One serious bitch I have with the system is that you're forced to use an outmoded system for health. Alt. health medicine is far better and cheaper too as well a helluva lot safer. We have a naturopath and she never prescribes drugs. Drugs for chronic disease is terrible. I am 73 and take no prescription or OTC drugs, not even baby aspirin. I do take a couple dozen supplements though as well as eat healthfully (no GM food, junk food, aspartame and its ilk). We buy organic if we can. But now, I will have to pay a tax for ObamaCare which I intend never to use. The Supremes should have not allowed this monstrosity. I saw an article that said that the IRS has said that ObamaCare will cost the average family of four/five $20K a year in 2016. A good hunk of that, about 30%, will go to the insurance companies. Big Pharma will continue to rake it in too while coming up with new ideas on how to increase sales of their toxic wares. The USA ranks very low on the scale of success with diseases even though we spend outlandish sums of money. You must realize that this "health system" is just one big transfer of your assets into the pockets of criminals. Many people will lose it all just as they check out. Never believe for an instant that they give a hoot about your wellbeing. It is all an operatic farce.

I beg to differ.

The SCOTUS screwed us royally, they are NOT our friend.
Treat their decisions under "O" likewise.

So my contribution as well as my employer's to my insurance "benefits" will be considered taxable income? So if this amount totals between $12,000 to $20,000 for a family of 3 this will be considered taxable income in 2013? How are we supposed to survive and not become indebted to the IRS?

I'm aware of that already.

Unlike most people, I actually READ the Thread before I post on it...

Including the following article.




I work for a rather large Tech company, and yes you could say we have 250+ as we have offices in several cities and several states.

Box 12 on my W-2 was blank. No numbers... no "DD"...

Nothing.

So.

Yes.

i think when the shtf all obama voters should show their pride for him by wearing a "I voted for obama" button or tshirt....

If you read the articles, how in the fuck can you say BS?

Dumbass

Maybe your company fucked up...ever think of that?

Why don't you ask your payroll dept about it.

According to Intuit and their online tax service you are 100% wrong.

"Health plans are not income: Even though the value of your plan is reported on your W-2, it’s not taxable. So you don’t need to report it as income on your tax return."

[link to turbotax.intuit.com]

I confirm

I work for a large corporation

Block 12 (DD—Cost of employer-sponsored health coverage. The amount reported with Code DD is not taxable.)

WAS filled in - Amount: $5296.86

Just did my sister in laws taxes...there is a big double D in 12a with $7000 right next to it.

EXACTLY

Wait til this shit hits the fan.

"You know that $ your employer has been kicking in for your health care? Yeah, that's really income, so you'll be taxed on it as if it were"

Bend over, Amerika!


I'm self employed, and if I have to pay my own health insurance, it comes out of my income, and is not tax-free. Why the hell should it be for you weak-minded followers. You people and your fucking sense entitlement.



_____________________________________________________________​__
If you are self-employed you can deduct it from your income on the first page of your 1040.

So, yes it is tax free to you.

Just like all us "weak-minded followers".

retire to Ecuador

$25 doctor visits

$1.50 a gallon gas

$200 a month rent for 2 bed home

$2-$3 for a full restaurant meal

Gringos welcomed!

It does not start until 2014!

Your thread gets a big FUCK YOU!

What exactly does voting have to do with this.

The system is dead, corrupted by years of ineptitude, greed, and avarice.

Like Romney or any of the other bought and paid for republicans were going to save your sorry ass.

Ah no being forced to pay for conventional treatment has exactly nothing to do with health.

Wrong. Show the link to the actual tax code where this is the case.

[link to www.irs.gov]