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- 22. February 2012: Sale of Business BUT What did you Sell?
- 1. February 2012: Florida State Unemployment Tax Rates 2012
- 21. January 2012: 2011 Health Insurance MUST be on W2 for >2% Sub S shareholder
- 17. January 2012: 2012 Mileage Rates
- 13. January 2012: Vacation Homes - sometimes you don't declare the rent!
- 11. January 2012: How Often Does Tax Law Change....
- 26. December 2011: 2012 Payroll Tax Cut Extended 1st Two months
- 27. November 2011: Ballgames - can you deduct?
- 15. November 2011: WHAT IS HIGH DEDUCTIBLE HEALTH PLAN
- 15. November 2011: HSA 2011 Contributions
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2011 Health Insurance MUST be on W2 for >2% Sub S shareholder
HERE IS HOW TO REPORT IT
Health Insurance for the entire family goes on Shareholder’s W2
Box 1 & Box 14 (Does not affect FICA).
W3 Box 1 only
Form 941 Box 2 only (Does not affect FICA).
Form 940 Included in Total Payments Line 3 & Box 4 - excluded from FUTA tax
UCT-6 (Florida’s Unemployment Tax) Not shown
Health Insurance for employees does NOT appear any payroll reports (YET!).