So what do you have to do with the line 12 item on your W-2 classified as ‘DD’ which is ‘Employer Provided Health Insurance?’ Do you have to report as income, deduct as an itemized deduction, throw out the window? See this IRS tip that explains what this is and what to do about it:
http://content.govdelivery.com/accounts/USIRS/bulletins/aa50ea?reqfrom=share
Now, you have the answer – you don’t have to do anything – it is an informational item only (more for the employer on Obamacare than the employee) – so look at it, say ‘fine’ and don’t think about it again!
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